BSA/AML Investigator I

BECU•St. David's, WA

1d•$30 - $56

About The Position

Is it surprising to hear that a financial institution of 1.5 million members and over $30 billion in managed assets say that success comes from focusing on people, not profits? Our “people helping people” philosophy has guided us since 1935, driving our deep commitment to serving our members, communities, and each other. When you join our team, you become part of a purpose-driven organization where your work makes a real difference. While we’re proud of our history, we’re even more excited about our future. With business and technology transformation on the horizon, there’s never been a better time to be part of BECU. PAY RANGE The Target Pay Range for this position is $38.56-$47.02 hourly. The full Pay Range is $30.00-$55.63 hourly. At BECU, compensation decisions are determined using factors such as relevant job-related skills, experience, and education or training. Should an offer for employment be made, we will consider individual qualifications. In addition to your salary, compensation incentives are available for the hired applicant. Incentives are performance based and targets vary by role. hourly. At BECU, compensation decisions are determined using factors such as relevant job-related skills, experience, and education or training. Should an offer for employment be made, we will consider individual qualifications. In addition to your salary, compensation incentives are available for the hired applicant. Incentives are performance based and targets vary by role. BENEFITS – because people helping people starts with supporting you 401(k) Company Match (up to 3%) 4% annual contribution to your 401(k) by BECU Medical, Dental and Vision (family contributions as well) PTO Program + Exchange Program Tuition Reimbursement Program BECU Cares volunteer time off + donation match IMPACT YOU’LL MAKE: In this role, you will help protect BECU and its members by identifying potential money laundering, terrorist financing, and other financial crime risks. You will contribute to investigations, regulatory compliance, and decision‑making that supports a secure and accountable financial environment. Your work will help ensure BECU’s BSA/AML/CFT Program remains effective as regulations and industry trends evolve. You will collaborate with partners across the organization to provide insights, support assessments, and guide risk‑aligned actions. Your contributions will directly support the safety and trust of BECU’s membership. WHAT YOU’LL DO: Monitor and review activity: Review transactions and account behavior to determine whether activities align with member profiles and comply with policies and regulations. Conduct examinations and investigations: Organize and complete internal examinations, investigations, and inspections to confirm adherence to BECU procedures and regulatory requirements. Prepare case documentation and SAR assessments: Investigate alerts, prepare case summaries, and document recommendations for potential Suspicious Activity Reports (SARs) within required timeframes. Gather supporting materials: Compile relevant documents—such as statements, checks, and deposits—to support investigative conclusions and SAR recommendations. Support enhanced due diligence: Partner with the Due Diligence team to identify high‑risk members, products, and services and assist in implementing monitoring controls that address potential risks. Participate in member de‑risking processes: Assist in evaluating and documenting de‑risking actions for members who violate Membership Agreements or engage in financial crimes. Advise business partners: Provide guidance to business units on their responsibilities under BSA/AML/CFT requirements and help them understand how to identify and escalate potential concerns. Monitor emerging risks: Review industry trends and new business types to identify potential threats to the credit union and provide recommendations for appropriate mitigation measures. Escalate behavioral changes: Inform Program leadership of notable changes in member behavior that may indicate financial crime or heightened risk. Support regulatory and procedural updates: Assist with implementing new or updated procedures in response to changes in laws, regulations, or due diligence expectations. Respond to law enforcement inquiries: Provide appropriate information to law enforcement agencies regarding SAR‑related or BSA‑related requests. Support additional team initiatives: Perform additional duties as assigned in support of the BSA/AML/CFT Program. This isn’t just about ticking off tasks on a list. It's about making a significant, positive change in BECU’s journey, where your contributions are valued, and your growth is continually fostered. WHAT YOU’LL GAIN: Opportunities to apply investigative and analytical skills in work that directly supports member safety and financial integrity. Experience working with cross‑functional partners, including Due Diligence, Compliance, Operations, and law enforcement. Continued expansion of knowledge in BSA/AML/CFT/OFAC regulations and financial crime investigation practices. Exposure to evolving industry risks and the chance to contribute to proactive mitigation strategies. A role in a mission‑driven, member‑focused organization where accuracy, objectivity, and thoughtful judgment are valued. Support for ongoing professional development and certification maintenance in the financial crimes and compliance field.

Requirements

Bachelor’s degree in related field or equivalent work or educational experience.
5 years of BSA/AML, bank audit, compliance or banking operations experience.
3 years of experience in financial crime investigations required.
CAMS Certification (Certified Anti-Money Laundering Specialist), ACFCS Certification (Association of Certified Financial Crime Specialists), or continuing education towards certification required.
Solid understanding of BSA/AML/CFT/OFAC related regulations and practical application required.
Organizational, analytical, and investigative skills required.
Ability to solve complex problems; take a broad perspective to identify solutions required.
Skills in interviewing and interrogation, leadership and negotiation required.

Nice To Haves

Formal training in interviewing and interrogation techniques preferred.
Previous experience or training in criminal investigations preferred.

Responsibilities

Monitor and review activity: Review transactions and account behavior to determine whether activities align with member profiles and comply with policies and regulations.
Conduct examinations and investigations: Organize and complete internal examinations, investigations, and inspections to confirm adherence to BECU procedures and regulatory requirements.
Prepare case documentation and SAR assessments: Investigate alerts, prepare case summaries, and document recommendations for potential Suspicious Activity Reports (SARs) within required timeframes.
Gather supporting materials: Compile relevant documents—such as statements, checks, and deposits—to support investigative conclusions and SAR recommendations.
Support enhanced due diligence: Partner with the Due Diligence team to identify high‑risk members, products, and services and assist in implementing monitoring controls that address potential risks.
Participate in member de‑risking processes: Assist in evaluating and documenting de‑risking actions for members who violate Membership Agreements or engage in financial crimes.
Advise business partners: Provide guidance to business units on their responsibilities under BSA/AML/CFT requirements and help them understand how to identify and escalate potential concerns.
Monitor emerging risks: Review industry trends and new business types to identify potential threats to the credit union and provide recommendations for appropriate mitigation measures.
Escalate behavioral changes: Inform Program leadership of notable changes in member behavior that may indicate financial crime or heightened risk.
Support regulatory and procedural updates: Assist with implementing new or updated procedures in response to changes in laws, regulations, or due diligence expectations.
Respond to law enforcement inquiries: Provide appropriate information to law enforcement agencies regarding SAR‑related or BSA‑related requests.
Support additional team initiatives: Perform additional duties as assigned in support of the BSA/AML/CFT Program.