BSA/ALM & Vendor Management Analyst

On Tap Credit Union•Golden, CO

6h•$63,000 - $70,000

About The Position

Serve as the Credit Union’s primary reference point for compliance information, questions, issues, and reporting. This role requires the individual to be a subject matter expert for the Credit Union on all compliance-related issues, with a focus on BSA/AML and Vendor Management.

Requirements

5 years’ experience in financial institutions
Experience in regulatory compliance
Thorough knowledge of the Bank Secrecy Act (BSA)
Strong technical research and writing skills
Strong analytical and evaluative skills
Ability to successfully communicate and build positive working relationships at all levels of the organization
Ability to communicate clearly, accurately and concisely in written and verbal form
Strong PC Skills, including Microsoft Office suite (with particular emphasis on Excel, Word, and Power Point).
A personal smartphone with the capability of uploading the latest operating versions of IOS or Android, is required

Nice To Haves

College degree preferred
Experience with Symitar a plus.
Experience with Verafin a plus.

Responsibilities

Review daily alerts and reports for suspicious financial activity or unusual customer behavior.
Conduct thorough investigations by analyzing account histories, transaction patterns, and supporting documents.
Draft and file Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs) accurately and on time.
Assess customer risk ratings and recommend account retention, restriction, or closure when necessary.
Stay current with federal banking regulations, anti-money laundering (AML) laws, and internal company policies.
Oversee vendor onboarding, due diligence, ongoing performance monitoring, and exit planning.
Coordinate with IT, legal, finance, and security departments to maintain proper governance.
Establish key performance indicators (KPIs) and maintain centralized inventories or dashboards tracking vendor performance.
Responsible for documenting procedures within the line of business.
Must comply with applicable policies, laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.
Employees of On Tap Credit Union are responsible for maintaining the trust of our members, partners, and regulators through the safekeeping of member, Credit Union, and employee information assets. To this end, each employee is responsible for understanding and adhering to On Tap Credit Union’s Information Security Policy and Program as the same relates to their role and work. These duties vary by position and additional duties related to information security and/or participation in committees related to information security may be assigned from time to time.