BSA Compliance Specialist

First City Credit Union • Altadena, CA

9d

About The Position

The BSA Compliance Specialist will assume, but not be limited to, the following responsibilities:
Responsible for reviewing reports used for detection of, and accurate filing of, Currency Transaction Reports (CTRs) and Suspicious Activity Reports (SARs) as This includes coordinating with branches and departments to review, investigate, and report timely.
Independent and timely review of alerts in the BSA/AML software, generated for BSA/AML, watch lists, fraud, creating cases, and filing reports as required.
Reviews fraudulent transactions, notification emails, returned items and related accounts and/or loans to detect and help identify and prevent the occurrence of fraudulent
Assists in the analysis, controls, and management of risk assessments for the BSA/AML program, Identity Theft & Red Flags and other risk assessments as
Assists with compliance research and reviews for marketing, policy and procedure updates, and to ensure regulatory requirements are adhered to.
Assists with administration of the vendor management program with requests for due diligence documents, setting email reminders and various tasks.
Assists with investigations that require involvement of law enforcement, acting as liaison between the credit union and law enforcement.
Conducts investigations of fraudulent member activity to ensure minimal loss to the organization and ensure regulatory requirements and internal procedures are adequate and adhered to.
The successful candidate will possess the following education, knowledge and skillsets:

Requirements

• Two years college degree or specialized course of study, or equivalent job experience
• Compliance or BSA certification with America's Credit Unions, (NAFCU or CUNA), ACAMS or similar required, or completion within 1 year of hire date
• Minimum three years of experience with compliance regulations and rules that govern the Bank Secrecy Act
• Minimum two years of experience analyzing, following up and reporting fraud losses, transactions and developing controls for loss mitigation
• Professional verbal and written communication skills in English
• Minimum of three years' experience in branch and back-office operations

Nice To Haves

• Experience with credit union operations, products and services preferred

Responsibilities

• Reviewing reports for detection and filing of Currency Transaction Reports (CTRs) and Suspicious Activity Reports (SARs)
• Coordinating with branches and departments to review, investigate, and report timely
• Reviewing alerts in the BSA/AML software, generated for BSA/AML, watch lists, fraud, creating cases, and filing reports as required
• Reviewing fraudulent transactions, notification emails, returned items and related accounts and/or loans to detect and help identify and prevent the occurrence of fraudulent
• Assisting in the analysis, controls, and management of risk assessments for the BSA/AML program, Identity Theft & Red Flags and other risk assessments
• Assisting with compliance research and reviews for marketing, policy and procedure updates, and to ensure regulatory requirements are adhered to
• Assisting with administration of the vendor management program with requests for due diligence documents, setting email reminders and various tasks
• Assisting with investigations that require involvement of law enforcement, acting as liaison between the credit union and law enforcement
• Conducting investigations of fraudulent member activity to ensure minimal loss to the organization and ensure regulatory requirements and internal procedures are adequate and adhered to

Benefits

• Medical, dental, and vision insurance
• Life insurance
• 401k Retirement Plan (matching contribution=5%, immediate vesting)
• Paid Time Off (PTO)
• Paid Holidays
• Educational Reimbursement (for employees)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree