BSA Investigator

SkyOne Federal Credit Union•Hawthorne, CA

2d•Onsite

About The Position

Join SkyOne Federal Credit Union as a BSA Investigator and become an essential part of our mission to deliver meaningful financial solutions tailored to our members' needs. This is an exciting opportunity to safeguard the financial well-being of our members while utilizing your analytical skills to identify and prevent fraudulent activities. You will play a pivotal role in implementing innovative compliance strategies that reflect our core values of accountability and integrity. Your insights will directly impact the credit union industry and contribute to a safer financial environment for all. Collaborating with a dedicated team that prioritizes respect and performance will enrich your professional journey and challenge you to grow. This is a full-time onsite position based in our Hawthorne, CA office, working five days a week. Apply now to make a meaningful difference in the lives of our members and be part of a forward-thinking organization committed to excellence. DAY TO DAY AS A BSA INVESTIGATOR The BSA Investigator at SkyOne Federal Credit Union plays a crucial role in developing and maintaining our comprehensive Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) Program. This position ensures that our compliance standards meet federal regulations and internal policies by overseeing transaction monitoring, Know Your Customer (KYC) initiatives, and the Customer Identification Program (CIP). The Investigator will conduct thorough investigations of alerts and cases, performing Enhanced Due Diligence (EDD) reviews for high and moderate-risk members. With a focus on assessing and evaluating risk associated with our members and transactions, the BSA Investigator also tackles complex investigations, originates Suspicious Activity Reports (SARs), and adapts procedures in response to evolving regulations. Acting as a vital link between the Credit Union, external audit firms, and regulatory agencies, this role embodies accountability and innovation while safeguarding our members' financial integrity.

Requirements

Strong analytical skills and keen attention to detail
Proficiency with compliance software and monitoring systems
Sound understanding of regulatory requirements and industry best practices
Strong judgment and decision-making abilities
Excellent communication skills
Demonstrate leadership qualities
Adaptability in managing multiple tasks
Ability to implement project management skills
Commitment to continuous learning and awareness of industry trends
Minimum five years of related experience of financial experience: working in financial industry operations, financial crimes.
Minimum three years of BSA and financial crime investigations experience.
A college degree preferred, but not required in lieu of similar or equal experience.
Possess BSA/AML Certification or agree to obtain this certification.
High-Level knowledge of the Bank Secrecy Act, USA Patriot Act, OFAC and Sanctions compliance, and industry best practices.
High-Level knowledge of The Cannabis Control Act, Cannabis Regulation Act and Compassionate Use Act
High-level analytical skills to produce and follow leads, develop complete and through pictures of suspicious activity and identify new trends in fraudulent behavior.
Excellent verbal and written communication skills to document all aspects of the BSA/AML program and related filings, e.g., memos, SAR narratives).
Strong detail orientation and organizational skills.
Strong, proficient, and extensive knowledge of BSA monitoring systems (Verafin, Bam+, etc.) and Cannabis seed to sale monitoring systems.
Capacity to learn technical subject areas.
Ability to handle multiple tasks/projects at one time.
Ability to work independently with minor supervision.
Strong and proficient PC skills and have extensive knowledge of MS Office (Word, Excel, Outlook).
Excellent interpersonal skills required.
Must be able to quickly process information to make informed decisions.
A high degree of confidentiality.
Lead/Supervisory skills

Responsibilities

Overseeing transaction monitoring
Know Your Customer (KYC) initiatives
Customer Identification Program (CIP)
Conducting thorough investigations of alerts and cases
Performing Enhanced Due Diligence (EDD) reviews for high and moderate-risk members
Assessing and evaluating risk associated with our members and transactions
Tackling complex investigations
Originating Suspicious Activity Reports (SARs)
Adapting procedures in response to evolving regulations
Acting as a vital link between the Credit Union, external audit firms, and regulatory agencies