BSA Compliance Specialist
3.
9 Quick Apply Full-time 11 hours ago Full Job Description Job Scope/Overview Assists the BSA Compliance Supervisor in the daily monitoring and maintenance of the Credit Union's BSA compliance program to ensure the Credit Union complies with applicable laws and regulations.
Keeps abreast of regulatory developments and BSA best practices.
Conducts research and advises on or otherwise responds to BSA- related issues affecting individual members and the organization.
Contributes to other risk management initiatives as appropriate.
Accountability/Job Duties Assist the BSA Compliance Supervisor with the daily administration of the Credit Union's Bank Secrecy Act/Anti-Money Laundering software program.
Perform daily downloads into the software to keep the data accurate.
Monitor data and troubleshoot as required, including interfacing with vendor and internal IS department.
Research findings and alerts from system, as well as reports from employees, to determine whether to file BSA reports.
File CTRs as required within the prescribed time frames.
Evaluate whether a SAR filing is warranted and, if so, marshal the evidence and file accordingly within the prescribed timeframe.
Consult with management as appropriate.
Manage the Credit Union's eFiling of required reports with the government, including troubleshooting when/as required.
Monitor the government watch lists and perform list-management reviews for OFAC and 314(a) records when the lists are updated.
Monitor and respond to OFAC screenings across multiple channels.
Contact FinCEN as appropriate.
Ensure OFAC-related records are complete.
Educate new and existing employees on Bank Secrecy Act requirements and recent developments in money laundering trends; such educating may include performing new hire BSA trainings, collaborating on content creation for annual BSA training, and following up with frontline staff based on the results of CIP audits.
Assist in assessing BSA risk, including by gathering data from multiple sources throughout the Credit Union and its systems.
Honesty and Integrity - Take ownership Do what you say you will do Do the right thing Passion for Excellence - Continuously improve Be willing to try new things Do your very best Committed to Service - Act in the member's best interest Care about, respect and help others Work together to achieve success In the absence of the BSA Compliance Supervisor, represent the Credit Union's regulatory compliance efforts to external auditors, examiners and others as necessary, and be able to provide sufficient explanation and supporting documentation of the Credit Union's policies and procedures as they relate to compliance requirements.
Process summons and subpoena record requests, ensuring correct documentation is delivered, invoices are billed and payments are received.
Interface with requesting parties, including law enforcement and legal counsel.
Assist management with the development of compliance controls and test the same for effectiveness.
Contribute to the Credit Union's knowledge bases, intranets and other knowledge repositories.
Provide effective communications and support to employees in alignment with the Credit Union's core values.
Promote the service and sales culture by maintaining basic knowledge of products and services and referring members to the appropriate person/department.
Follow all applicable policies, procedures and laws.
Job Requirements Experience and Knowledge:
Minimum one year' experience analyzing member accounts and account histories in a financial institution.
Must be familiar with credit union/banking regulations.
Demonstrates a solid knowledge and understanding of deposit accounts; able to analyze transactions and recognize suspicious activity within those transactions.
Possesses a basic knowledge of Bank Secrecy Act rules and regulations, as well as other consumer protection regulations (Truth in Lending, Truth in Savings, Privacy, etc.
).
Thorough knowledge of Credit Union products and services, features, and benefits.
Capable of becoming proficient in the following software programs:
MS Office, iSeries, PCS Vision, Sol Com, Transact, Bank of West Imaging, Formatting Solutions (Info-Mapping), Connections Online, Verafin, Penley, eFunds, and FinCEN's eFiling.
Honesty and Integrity - Take ownership Do what you say you will do Do the right thing Passion for Excellence - Continuously improve Be willing to try new things Do your very best Committed to Service - Act in the member's best interest Care about, respect and help others Work together to achieve success Education:
Associate's degree in business administration or related field required.
Equivalent combination of relevant education, training and experience may be substituted for education.
In the absence of existing certification, will obtain NAFCU/CAMS certification at the Credit Union's expense.
Interpersonal Skills:
Possesses above-average interpersonal skills and functions effectively within a team environment.
Demonstrates daily the Credit Union's commitment to maintaining a close and caring touch with its members.
Takes the initiative in responding courteously and efficiently to internal and external members through various delivery channels.
Capable of accomplishing objectives through teamwork.
Demonstrates strong relationship management skills.
Able to handle difficult situations and persons in a positive and professional manner.
Communication:
Demonstrated verbal and written communication skills.
Able to communicate legal/regulatory topics clearly and succinctly to others.
Possesses strong reading comprehension skills.
Able to convey information effectively from research into reports and make recommendations for improvement.
Comfortable presenting information (stand-up and computer-based training) to small and medium sized groups.
Other Skills:
Able to conduct research via a variety of channels (Internet, reference materials, personal networking, etc.
) and gather information skillfully.
Understands the importance of confidentiality and discretion and consistently demonstrates this understanding in the workplace.
Possesses strong business judgment and analytical skills.
Able to identify issues and troubleshoot problems in a timely manner.
Exhibits strong organizational and time management skills.
Able to recognize and respond to deadlines and set priorities appropriately.
Comfortable with technology and innovative in its use.
Able to download information files and troubleshoot when the information does not process as expected.
Able to think strategically and plan accordingly.
Honesty and Integrity - Take ownership Do what you say you will do Do the right thing Passion for Excellence - Continuously improve Be willing to try new things Do your very best Committed to Service - Act in the member's best interest Care about, respect and help others Work together to achieve success Environmental Conditions The working conditions of this position are representative of those an employee encounters in a normal office environment.
Job Type:
Full-time Pay:
$21.
39 - $26.
74 per hour
Benefits:
401(k) 401(k) matching Dental insurance Employee assistance program Employee discount Flexible schedule Flexible spending account Health insurance Health savings account Life insurance Paid time off Parental leave Professional development assistance Referral program Retirement plan Tuition reimbursement Vision insurance Schedule:
8 hour shift Ability to commute/relocate:
Albuquerque, NM 87111:
Reliably commute or planning to relocate before starting work (Required)
Experience:
Microsoft Office:
1 year (Preferred) Work Location:
Hybrid remote in Albuquerque, NM 87111 Quick Apply.
Estimated Salary: $20 to $28 per hour based on qualifications.
9 Quick Apply Full-time 11 hours ago Full Job Description Job Scope/Overview Assists the BSA Compliance Supervisor in the daily monitoring and maintenance of the Credit Union's BSA compliance program to ensure the Credit Union complies with applicable laws and regulations.
Keeps abreast of regulatory developments and BSA best practices.
Conducts research and advises on or otherwise responds to BSA- related issues affecting individual members and the organization.
Contributes to other risk management initiatives as appropriate.
Accountability/Job Duties Assist the BSA Compliance Supervisor with the daily administration of the Credit Union's Bank Secrecy Act/Anti-Money Laundering software program.
Perform daily downloads into the software to keep the data accurate.
Monitor data and troubleshoot as required, including interfacing with vendor and internal IS department.
Research findings and alerts from system, as well as reports from employees, to determine whether to file BSA reports.
File CTRs as required within the prescribed time frames.
Evaluate whether a SAR filing is warranted and, if so, marshal the evidence and file accordingly within the prescribed timeframe.
Consult with management as appropriate.
Manage the Credit Union's eFiling of required reports with the government, including troubleshooting when/as required.
Monitor the government watch lists and perform list-management reviews for OFAC and 314(a) records when the lists are updated.
Monitor and respond to OFAC screenings across multiple channels.
Contact FinCEN as appropriate.
Ensure OFAC-related records are complete.
Educate new and existing employees on Bank Secrecy Act requirements and recent developments in money laundering trends; such educating may include performing new hire BSA trainings, collaborating on content creation for annual BSA training, and following up with frontline staff based on the results of CIP audits.
Assist in assessing BSA risk, including by gathering data from multiple sources throughout the Credit Union and its systems.
Honesty and Integrity - Take ownership Do what you say you will do Do the right thing Passion for Excellence - Continuously improve Be willing to try new things Do your very best Committed to Service - Act in the member's best interest Care about, respect and help others Work together to achieve success In the absence of the BSA Compliance Supervisor, represent the Credit Union's regulatory compliance efforts to external auditors, examiners and others as necessary, and be able to provide sufficient explanation and supporting documentation of the Credit Union's policies and procedures as they relate to compliance requirements.
Process summons and subpoena record requests, ensuring correct documentation is delivered, invoices are billed and payments are received.
Interface with requesting parties, including law enforcement and legal counsel.
Assist management with the development of compliance controls and test the same for effectiveness.
Contribute to the Credit Union's knowledge bases, intranets and other knowledge repositories.
Provide effective communications and support to employees in alignment with the Credit Union's core values.
Promote the service and sales culture by maintaining basic knowledge of products and services and referring members to the appropriate person/department.
Follow all applicable policies, procedures and laws.
Job Requirements Experience and Knowledge:
Minimum one year' experience analyzing member accounts and account histories in a financial institution.
Must be familiar with credit union/banking regulations.
Demonstrates a solid knowledge and understanding of deposit accounts; able to analyze transactions and recognize suspicious activity within those transactions.
Possesses a basic knowledge of Bank Secrecy Act rules and regulations, as well as other consumer protection regulations (Truth in Lending, Truth in Savings, Privacy, etc.
).
Thorough knowledge of Credit Union products and services, features, and benefits.
Capable of becoming proficient in the following software programs:
MS Office, iSeries, PCS Vision, Sol Com, Transact, Bank of West Imaging, Formatting Solutions (Info-Mapping), Connections Online, Verafin, Penley, eFunds, and FinCEN's eFiling.
Honesty and Integrity - Take ownership Do what you say you will do Do the right thing Passion for Excellence - Continuously improve Be willing to try new things Do your very best Committed to Service - Act in the member's best interest Care about, respect and help others Work together to achieve success Education:
Associate's degree in business administration or related field required.
Equivalent combination of relevant education, training and experience may be substituted for education.
In the absence of existing certification, will obtain NAFCU/CAMS certification at the Credit Union's expense.
Interpersonal Skills:
Possesses above-average interpersonal skills and functions effectively within a team environment.
Demonstrates daily the Credit Union's commitment to maintaining a close and caring touch with its members.
Takes the initiative in responding courteously and efficiently to internal and external members through various delivery channels.
Capable of accomplishing objectives through teamwork.
Demonstrates strong relationship management skills.
Able to handle difficult situations and persons in a positive and professional manner.
Communication:
Demonstrated verbal and written communication skills.
Able to communicate legal/regulatory topics clearly and succinctly to others.
Possesses strong reading comprehension skills.
Able to convey information effectively from research into reports and make recommendations for improvement.
Comfortable presenting information (stand-up and computer-based training) to small and medium sized groups.
Other Skills:
Able to conduct research via a variety of channels (Internet, reference materials, personal networking, etc.
) and gather information skillfully.
Understands the importance of confidentiality and discretion and consistently demonstrates this understanding in the workplace.
Possesses strong business judgment and analytical skills.
Able to identify issues and troubleshoot problems in a timely manner.
Exhibits strong organizational and time management skills.
Able to recognize and respond to deadlines and set priorities appropriately.
Comfortable with technology and innovative in its use.
Able to download information files and troubleshoot when the information does not process as expected.
Able to think strategically and plan accordingly.
Honesty and Integrity - Take ownership Do what you say you will do Do the right thing Passion for Excellence - Continuously improve Be willing to try new things Do your very best Committed to Service - Act in the member's best interest Care about, respect and help others Work together to achieve success Environmental Conditions The working conditions of this position are representative of those an employee encounters in a normal office environment.
Job Type:
Full-time Pay:
$21.
39 - $26.
74 per hour
Benefits:
401(k) 401(k) matching Dental insurance Employee assistance program Employee discount Flexible schedule Flexible spending account Health insurance Health savings account Life insurance Paid time off Parental leave Professional development assistance Referral program Retirement plan Tuition reimbursement Vision insurance Schedule:
8 hour shift Ability to commute/relocate:
Albuquerque, NM 87111:
Reliably commute or planning to relocate before starting work (Required)
Experience:
Microsoft Office:
1 year (Preferred) Work Location:
Hybrid remote in Albuquerque, NM 87111 Quick Apply.
Estimated Salary: $20 to $28 per hour based on qualifications.
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