About the position

If you are motivated and believe in the credit union philosophy of \"People Helping People,\" join our team! PURPOSE: To facilitate the day-to-day function of the BSA/AML Compliance Department and ensure that SECU and the institutions we service are current with regard to all Bank Secrecy Act requirements.

Responsibilities

• Carry out requirements of the Bank Secrecy Act on behalf of SECU in a timely manner, which may include, but is not limited to, filing of Currency Transaction Reports (CTRs), filing of Suspicious Activity Reports (SARs), and review of Monetary Instruments Logs (MIL).
• Triage suspicious activity monitoring (SAM) alerts generated by the Financial Crime Risk Manager (FCRM) system and escalate to second level review and investigations as needed.
• Conduct targeted account reviews on high-risk members to better understand expected transaction activity and risk posed to the Credit Union.
• Review and process suspicious activity incidents referred to the BSA department by front-line staff and other business units. These referrals may lead to cases requiring in-depth investigation and/or SAR filing.
• Conduct thorough analysis of suspicious activity cases using research tools such as Margo, Onbase, Image, 3270, CLEAR as well as the internet.
• Process 314(a) files as directed by FinCEN and research all potential matches. Additionally, report any positive matches in a timely manner to FinCEN. Investigate all positive matches for potential suspicious activity.
• Maintain a basic understanding of the law applicable to money laundering, including the BSA, the USA PATRIOT Act, US Treasury as well as other related regulations.
• Attend networking events and cultivate relationships with local law enforcement and other financial institutions.
• Prepare materials and train newly hired employees to the BSA team.
• Research, track, and respond to information sharing requests from law enforcement and other financial institutions as provided for in the USA PATRIOT Act.
• Assist in reviewing and updating SECU's policies and procedures based on regulatory changes and examinations by regulatory agencies.
• Assist affiliated credit unions with their BSA processing as needed.
• Assist in preparing for regulatory examinations.
• Answer incoming calls.
• Perform other duties as assigned.

Requirements

• Two to three years working in BSA/AML or comparable experience.
• Strong computer skills required (Microsoft Office, MARGO Teller/Platform, etc.).
• Ability to quickly learn BSA business user software.
• Analytical research skills are imperative.
• Attend credit union trade association conferences and obtain certifications as warranted.
• Attend training as needed to comply with continuing education requirements.
• Work towards obtaining CAMS certification.
• Ability to function independently and with little direct supervision.
• Must have good organizational skills and attention to detail.
• Highest level of integrity and objectivity to preserve independence.
• Strictest level of confidentiality must be adhered to.
• Must have professional phone etiquette, as well as excellent communication skills, both written and verbal.
• Ability to prioritize multiple tasks and remain flexible to changing department demands.
• Dedication to SECU philosophy and work ethic.
• Must be able to speak English fluently.
• Must be able to cooperate and collaborate with co-workers.
• Must be cordial in all interactions with members and co-workers.