Bank Secrecy Act Specialist

FIRST FLORIDA CREDIT UNION•Jacksonville, FL

4d•Onsite

About The Position

Responsible for assigned audit functions within the Risk Management Department as well as reporting findings to supervisor. The role involves reviewing Bank Secrecy Act (BSA) alerts, researching activity, opening cases with detailed notes, and determining if a SAR needs to be filed. Ensures that SAR and CTR reports are filed accurately and timely, and stays updated on changes to these filings. Conducts monthly quality control on new business accounts and provides reports to branch staff and management. Collaborates with other credit unions on shared branch CTR transactions. Reviews large transactions related to powers of attorney, deceased account funds disbursements, guardianship requests, possible fraudulent transactions, and other unusual requests, making decisions up to established approval limits. Assists staff with compliance-related topics, SSI/Treasury Verification of Account Requests, and staff training as requested by the supervisor. Ensures compliance with all credit union policies, including the Bank Secrecy Act and Customer Identification Program. Performs other job-related duties as assigned.

Requirements

Three years to five years of similar or related experience.
A two-year college degree, or completion of a specialized certification or licensing, or completion of specialized training courses conducted by vendors, or job-specific skills acquired through an apprenticeship program.
Must possess excellent oral and written communication skills.
Must be detail oriented and able to work independently.
Excellent organizational and editing skills.
Able to create reports using various software systems as provided by the Credit Union.
Bending, stooping, kneeling, crouching, sitting, walking, finger dexterity, feeling, repetitive motions, talking, hearing and visual acuity.
Specific vision abilities required for this job include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.
As required or requested, may exert up to 25 pounds of force occasionally and/or a negligible amount of force constantly to lift, carry, push, pull or otherwise move objects.

Nice To Haves

Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation.
Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication.
Keep informed of current fraud trends and methods to prevent loss.
Attend assigned meetings and seminars relating to compliance/security regularly to keep abreast of trends and changes and report findings to supervisor.

Responsibilities

Review Bank Secrecy Act (BSA) alerts in Verafin, research activity, open cases with detailed notes and determine if a SAR needs to be filed.
Ensure that SAR and CTR reports are filed accurately and timely.
Keep abreast of changes to SAR and CTR form filings.
Conduct quality control on all new business accounts on a monthly basis and provide reports to branch staff and management.
Work with other credit unions as necessary on shared branch CTR transactions.
Responsible for reviewing large transactions related to powers of attorney, deceased account funds disbursements, guardianship requests, possible fraudulent transactions and other unusual requests and make decisions up to established approval limits.
Assist staff with compliance related topics as needed.
Responsible for SSI/Treasury Verification of Account Requests.
Assist with staff training as requested by supervisor.
Responsible for compliance with all credit union policies including the Bank Secrecy Act and Customer Identification Program.
Perform other job related duties as assigned.