BSA Officer

Call Federal Credit Union

8d•Hybrid

About The Position

The BSA Officer will manage all aspects of Call Federal Credit Union’s BSA program, as well as the programs capabilities to assess risk associated with members. This role ensures that Call Federal meets all compliance requirements of the BSA, USA PATRIOT Act and the Financial Crimes Enforcement Network (FinCEN). The BSA Officer will also provide education and training to staff and members.

Requirements

Three years’ successful work experience in the financial services industry.
Ability to obtain BSA/AML relevant certifications within first year of employment.
Work independently with minimal supervision and organize multiple priorities.
Ability to work well within strict timelines and maintain confidentiality.
Acceptable background check; credit, criminal and insurance.

Nice To Haves

Associate’s degree or equivalent experience and training preferred.

Responsibilities

Maintain current knowledge of BSA regulatory requirements, including maintaining a certification in Bank Secrecy Act Compliance (CBSAP).
Ensure CTRs and SARs are filed accurately on time, and all required documentation is retained.
Complete and file Suspicious Activity Reports (SARs).
Lead the SAR Committee in discussions of members and suspicious activity.
Regularly review high risk accounts and parameters for member risk scoring; providing feedback and modifications as needed.
Oversee suspicious activity investigations.
Process 314(A) list when notified by FinCEN, research potential matches and retain all documentation.
Develop, maintain and update all BSA/OFAC/AML policies, procedures and compliance as they relate to the BSA program.
Lead periodic BSA/AML compliance reviews.
Serve as Administrator of the BSA software and ensure its effective use.
Create and maintain internal close monitoring lists for suspicious member activity.
Ensure all systems CFCU uses for OFAC screening maintain current and up to date watch lists.
Update CFCU BSA procedures and disclosures as needed or assigned.
Assist retail staff and members with compliance/risk related topics, including identity theft, deceased accounts, and power of attorneys.
Assist staff with member scenarios.
Provide ongoing training to CFCU staff on BSA-related topics.
Participate in 314(b) sharing with other financial institutions and maintain required documentation.
Process criminal subpoenas, gather documents and respond as required.
Represent CFCU in court as it pertains to the department as necessary.
Attend local law enforcement task force meetings to stay aware of local fraud trends and establish helpful contacts.
Maintain knowledge of all areas of the department to assist staff and members.
Assist BSA Specialist with daily review of BSA alerts.
Assist BSA Specialist with daily review of recurring change management reports.
Collaborate with staff projects as needed, requested, or assigned to assist in ensuring compliance and continued process improvements.
Advocate and demonstrate company brand.
Other duties as assigned.