Compliance Analyst BSA

Georgia's Own Credit Union

1d•Hybrid

About The Position

This position is primarily responsible for the performance of duties in response to compliance requirements of the NCUA, USA PATRIOT Act, Bank Secrecy Act (BSA), Financial Crimes Enforcement Network (FinCEN), and Office of Foreign Assets Control (OFAC). This position will work closely with the BSA Manager regarding the administration of Georgia’s Own enterprise-wide compliance programs. This position offers a flexible hybrid work arrangement, allowing employees to balance in-office collaboration with the benefits of remote work. We provide the necessary tools and technology to ensure seamless productivity, whether you're working from home or the office.

Requirements

A Bachelor’s degree in Finance, Accounting or Business Administration is desired; or the equivalent combination of education and experience.
Minimum of three years’ experience in BSA compliance is preferred.
Professional BSA certification such as, Certified Bank Secrecy Act Professional (CBSAP), is desired.
This position requires the individual to complete ongoing training to ensure proficiencies regarding BSA, OFAC and USA PATRIOT Act compliance standards are met or exceeded.
Strong aptitude in researching, analyzing, and identifying transaction patterns that are out of the ordinary and require additional due diligence.
Excellent time management skills and the ability to handle multiple tasks simultaneously are required.
Strict adherence to regulatory time frames and meeting those deadlines with little supervision.
Effective written and verbal communication skills.
Perform each essential duty satisfactorily.
All employees must be able to communicate face to face or through technology with or without reasonable accommodation.
Employee will be asked to sit and stand for various increments of time, and to lift/push up 10 lbs.
Clerical office duties on various forms of technology are required.

Nice To Haves

Working knowledge of the Verafin BSA/AML application is highly preferred.
Due to the nature of the position, a high level of confidentiality is critical.

Responsibilities

Perform daily compliance activities related to the Credit Union’s BSA compliance program, including the preparation of Currency Transaction Reports (CTRs), Suspicious Activity Reports (SARs) and review of alerts, OFAC and FinCEN 314(a) requests.
Compile data needed to support and prepare all identified SAR’s with FinCEN in collaboration with the BSA Manager and the Credit Union’s designated BSA Officer.
Maintain a working knowledge of BSA, AML and OFAC laws, rules and regulations as well as the Credit Union’s internal Bank Secrecy Policy and other procedures and processes (relating to BSA, AML and OFAC) to ensure that Georgia’s Own complies with these laws, rules, regulations and internal policies, procedures and processes.
Maintain thorough working knowledge of the Credit Union’s AML software (Verafin), including any upgrades and ongoing system setup activities to monitor transaction detail throughout Georgia’s Own.
Monitor transactions in accordance with regulatory requirements and the Credit Union’s policies and procedures to identify suspicious activity.
Maintain reports of all monitored activity in accordance with regulatory requirements and the Credit Union’s record retention policy.
Serve as an additional point of contact, along with the BSA Officer and BSA Manager for inquiries and/or investigations from Internal Audit, regulatory examiners and law enforcement.
Other duties as assigned.