BSA & Specialty Account Specialist

Blaze Credit Union•St. Paul, MN

1d•$27 - $34

About The Position

Role: This position assists the BSA & Specialty Account Department with Bank Secrecy Act (BSA) responsibilities and ensures the Credit Union stays within compliance with rules and regulations pertaining to BSA and specialty accounts provided and serviced at Blaze. This position will serve as a BSA resource, supporting the BSA Program and a resource to Credit Union employees for reviews and approvals on specialty accounts.

Requirements

Minimum high School degree or equivalent
Minimum 2 – 3 years of similar or related experience
Strong analytical skills
High level of ethics, integrity and confidentiality
Strong knowledge of auditing, accounting, and management principles and concepts
Proficient in internal control concepts and standards, and able to comprehend/interpret policies, procedures, laws and regulations
Ability to work both independently and as a member of a team
Knowledge of Microsoft Office
Able to handle a variety of tasks and changing priorities simultaneously and in an effective manner
Ability to work with all levels of management and credit union employees, and respond to questions
Ability to proactively respond to members/employees to problem solve based on guidelines; written communications are based on templates but can be modified.
Ability to sit and stand; answer calls; operate computer; interact with internal employees and public on the phone; travel to designated offices; lift up to 20 lbs.

Nice To Haves

Associate’s degree in business related field a plus
Knowledge of Verafin Anti-Money Laundering software and/or DNA core processing systems a plus

Responsibilities

Reviews Credit Union operation functions under direction of Director BSA & Specialty Accounts to support and maintain the company's regulatory, legal and policy compliance regarding BSA and specialty accounts.
Supports BSA & Specialty Account employees as needed.
Review and complete Currency Transaction Reports (CTRs) daily.
Review BSA/AML alerts in Verafin; create case, perform research on any alert that should have additional investigation done, decision and create Suspicious Activity Reports (SARs).
Once done with research escalate the alert to Sr BSA & Specialty Account Specialist to review. Questions or further review, escalate to Director BSA & Specialty Account.
Audit all accounts opened online on a weekly basis.
Review Beneficial Ownership forms for accuracy.
Assist with reviewing, monitoring and auditing Treasury Management Services.
Promptly answer all calls &/or emails coming into the department helpline(s).
Scan in, electronically file, and audit the Signature Guarantee/ Validation Logs on a monthly basis.
Reviews computer-generated audit reports for suspicious or fraudulent activity and for consistency and compliance with credit union procedures, policies, and regulations.
Assists with audit and BSA and specialty account compliance reviews as noted on the yearly audit plan by preparing written reports noting effective controls and BSA and specialty account compliance with regulations or providing recommendations for changes to minimize risk.
Assists the Director Compliance & Risk with implementation of new compliance regulations as needed.
Maintains current knowledge of regulatory and industry changes and makes recommendations for any necessary changes in policies and procedures.
Respects the confidential nature of information received in the performance of duties and is able to render impartial and unbiased judgments.
Assumes responsibility for acquiring and maintaining advanced knowledge of credit union products, services, promotions, and marketing materials.
Assumes responsibility for the BSA Officer duties to ensure that the credit union is in compliance with all proper regulatory reporting requirements related to Bank Secrecy Act.
Have knowledge of current laws, regulations and Blaze business decisions.
Assist Credit Union employees with BSA and specialty account inquiries to proceed after reviewing compliance rules and regulations and Blaze business decisions.
Review of policies and procedures to ensure compliance with rules and regulations.
Comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.
Exhibit Blaze’s Core Value’s: Better Lives, Thoughtfully Compassionate, Minnesota’s Best, and Give Back.
Regular and punctual attendance.
Perform other duties as assigned to support effective department operation.