Hybrid

FRANKLIN MINT GROUP•Chadds Ford Township, PA

5d•$21 - $28•Hybrid

About The Position

Assists in the administration of the Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) Program and related procedures in accordance with the Credit Union’s policies, procedures and applicable federal regulations.

Requirements

Bachelor’s degree preferred with at least 3 years of experience working for a financial institution in anti-money laundering, fraud, compliance or equivalent
Interpersonal/Team Player
Presentation Skills
Motivated/Works Independently
Analytical/Problem Solving
Organizational Skills
Project Management Skills
Detail Oriented
Verbal/Written Skills
Microsoft Office
Prioritize/Multi-task
Must maintain confidentiality
Basic knowledge of Credit Union services, products and Bank Secrecy Act regulatory requirements
Ability to communicate and interface directly with staff at all levels of the organization, as well as local and federal authorities

Responsibilities

Uses transaction monitoring software to analyze, and decision or escalate BSA/AML and, CDD/EDD alerts.
Manages cases and prepares SAR for filing with FinCEN.
Monitors and accurately processes Currency Transaction Reports (CTRs) meeting regulatory reporting timeframes.
Reviews and decisions OFAC and 314(a) related reports/alerts and escalates cases as needed.
Monitors the transaction monitoring software for disruptions to daily processes and escalates issues timely.
Completes various quality control reviews and monitoring of the AML/CFT and OFAC program requirements.
Supports periodic risk assessments and audits for the AML/CFT program
Supports departmental special projects as needed.
Stays abreast of compliance related subjects by participating in professional organizations, coursework, workshops, conferences, meetings, by reading professional literature, documenting and sharing information.
Is responsible for adhering to operational controls, including compliance with all required regulations and policies such as the AML Act of 2020, Bank Secrecy Act (BSA) and Office of Foreign Assets Control (OFAC) to ensure the safety and soundness of the Franklin Mint Federal Credit Union and its members.