Address
Form of workRole
The responsibility of this position is to ensure compliance within the Credit Union by monitoring and analyzing the use of rules, regulations and statutory requirements. Additional major work tasks will include Bank Secrecy Act, Anti-Money Laundering, OFAC, US Patriot Act, and KYC reviews. Creedit Union and/or Banking experioence preferred. THIS IS NOT A REMOTE POSITION.
Major Duties and Responsibilities
Knowledge and Skills
EXPERIENCE:
EDUCATION:
INTERPERSONAL SKILLS:
OTHER SKILLS:
This job description is not a complete statement of all duties and responsibilities comprising this position.
The responsibility of this position is to ensure compliance within the Credit Union by monitoring and analyzing the use of rules, regulations and statutory requirements. Additional major work tasks will include Bank Secrecy Act, Anti-Money Laundering, OFAC, US Patriot Act, and KYC reviews. Creedit Union and/or Banking experioence preferred. THIS IS NOT A REMOTE POSITION.
Major Duties and Responsibilities
- Responsible for reviewing, analyzing accounts and transactions related to the Bank Secrecy Act (BSA) and Anti-Money Laundering
- Ensures all Suspicious Activity Reports (SAR) and Currency Transaction Reports (CTR) are identified, completed, validated, and sent to the appropriate regulatory agencies in a timely manner.
- Responsible for completing Symitar reports and Patriot Officer alerts for BSA, OFAC and limited fraud items on a daily basis, scrubbing daily Office of Foreign Assets Control (OFAC) matches and bi-weekly FinCEN lists for the entire database.
- Maintains knowledge of policies and procedures regarding BSA, AML and OFAC regulations; conducts research of regulatory matters; identifies and communicates compliance deficiencies.
- Performs periodic audits on BSA related items across the organization
- Assists in identifying and developing training materials as needed.
- Conducts additional staff training for BSA and OFAC as needed.
- Acts as a central regulatory research center (via telephone) for internal team members
- Assists in various BSA related projects and fraud investigations.
- Creates and tests Episys enhancements and make recommendations for streamlining processes
- Assists with BSA and OFAC exams/audits and may interact with examiners during DFPI, NCUA and 3rd party audits
- Establish and maintain effective business relationships with staff in other departments.
- Assists with BSA and OFAC exams/audits and may interact with examiners during DFPI, NCUA and 3rd party audits
- Establish and maintain effective business relationships with staff in other departments.
Knowledge and Skills
EXPERIENCE:
- Knowledge of credit union and/or financial institution risk, fraud, security, and internal control best practices.
- Experience in fraud mitigation and risk analytics in deposits, loans, and cards.
- Excellent verbal and written communication skills.
- Ability to work across organizational lines to foster teamwork, trust, and quality execution.
- Ability to work independently in a changing environment.
- Strong analytical skills to identify and quantify problems and provide effective solutions.
EDUCATION:
- A two-year college degree or completion of a specialized course of study at a business or trade school.
INTERPERSONAL SKILLS:
- Ability to motivate or influence others.
- Possess a significant level of diplomacy and trust.
- Demonstrate cooperation both internally as well as externally.
OTHER SKILLS:
- Knowledgeable of all Microsoft Office programs especially Excel and Word.
- Excellent and professional communication skills.
- PC proficient, ability to operate a computer, computer keyboard and expertise on Microsoft Office Products (microsoft word, excel) and Outlook.
- Outstanding organizational skills and the ability to multi-task with successful results.
- Exhibit professional demeanor in all situations.
- Exceptional problem solver and researching skills.
- Demonstrations a "team" attitude throughout the organization.
This job description is not a complete statement of all duties and responsibilities comprising this position.
