BSA Officer and Fraud Manager

Scott Credit Union•Edwardsville, IL

33d•Onsite

About The Position

The BSA Officer and Fraud Manager is responsible for the detection, prevention, and investigation of all fraud, illegal or inappropriate activities, internal or external, committed against the Credit Union and/or our members. The position also develops and maintains fraud management reporting. The BSA Officer and Fraud Manager is also responsible for developing, implementing and administering all aspects of the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) Program. The position works closely with the Vice President of Risk Management in the development and maintenance of the fraud management and BSA/AML programs at SCU. The Fraud Manager serves as the BSA Officer.

Requirements

Bachelor’s degree in accounting, auditing, finance, management or related field.
Minimum three years of experience in Fraud management.
Minimum three years of experience in BSA/AML management.
Minimum two years prior management experience.
Personal Computer experience to include Microsoft Office products.

Responsibilities

Manage, adjust, and document various controls to mitigate internal and external fraud across all channels including checks, new accounts, debit cards, credit cards, automated clearing house, wires, mobile banking, online banking, and remote deposit capture whether by outside subjects, members, or SCU staff.
Coordinate and/or perform investigations of fraud, illegal, or inappropriate activities that could result in losses or claims against the Credit Union. Coordinate the recovery of losses due to fraud, illegal, or inappropriate activities.
Stay current on laws, regulations, common practices, and trends int he fraud investigation field.
Responsible for educating Credit Union employees on how to identify and react to potential or actual fraud or security violation situations. Keep management informed of potentially sensitive matters or issues that could have far reaching implications.
Assists with independent audits and data validations to ensure compliance with BSA, AML and Office of Foreign Assets Control (OFAC) rules and regulations.
Actively participate in project management and change management activities where regulatory controls may be impacted and exposure increased.