BSA Specialist II

BrightStar Credit Union•Cooper City, FL

About The Position

The primary role of this position is to make a difference in our member’s financial lives. The BSA Specialist is responsible for conducting moderate to complex BSA/AML reviews, including alert investigations, SAR drafting, CTR completion, 314 searches, and enhanced due diligence reviews. This role supports BSA leadership by ensuring timely regulatory filings, accurate documentation, and quality casework for audits, exams, and board reporting.

Requirements

Experience - two to four years of direct BSA/AML experience in a financial institution
Education - (1) A two-year college degree, or (2) completion of a specialized certification or licensing preferred (ACAMS, Americas Credit Unions compliance certification) or (3) Minimum of three to five (3-5) years of work experience.
Qualifications - Be able to multitask and work well under pressure, Strong problem solving and analytical skills, Exceptional written and verbal communication. Ability to conduct Enhanced Due Diligence reviews for high-risk members and businesses.
Interpersonal Skills- Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation. Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication.
Other Skills- Effective communication both orally, and in writing, with employees, other organizations, and the general public to explain general established policies, procedures, and systems. Must have knowledge of regulations, and procedures related to BSA/AML.

Nice To Haves

Experience with Verafin AML system preferred.

Responsibilities

Provide outstanding Bright Service to each internal and external member as defined by our Service Standards and Promises.
Responsible for the review and investigation of AML alerts across multiple channels (ACH, wires, cash, checks, P2P, debit/credit card and online banking).
Perform and document full SAR investigations from initial alerts through case development and final decisioning. Drafting SAR narratives and continuing activity SARs ensuring reports are filed withing regulatory timeframes and maintaining all required retention.
Identify unusual patterns of activity, structuring, layering, funneling, elder exploitation, mule activity and account takeover.
Completes all CTRs accurately and in a timely manner. Maintains CTR records for audit and exam readiness.
Analyze and monitor potential OFAC matches by reviewing alerts, documentation and decisioning. Escalate confirmed or high-risk OFAC concerns as stated in our BSA policy.
Conduct and document bi-weekly 314(a) searches. Maintains 314(b) communications.
Performs Enhanced Due Diligence reviews for high-risk members such as NGOs, cash intensive businesses/individuals, RDC users, business members utilizing Treasury Services, and foreign individuals.
Provide data for BSA/AML board reports including alert volumes, SAR and CTR statistics, for completed EDD reviews, and high-risk member activity.
Responds and conducts reviews for subpoena information request, law enforcement and government agencies requests to ensure responses are accurate, timely, and well documented.
Assist BSA leadership with audit and exam requests.
Maintain knowledge with BSA Compliance training and certifications.
Other job-related duties as assigned.