Risk Management Assistant

RALLY CREDIT UNION•Corpus Christi, TX

6d•Onsite

About The Position

Provide support in maintaining compliance with the Credit Union’s BSA/AML and OFAC Program, including the timely and accurately filing Currency Transaction Reports (CTRs), FinCEN 314(a) searches and OFAC compliance.

Requirements

High school diploma/GED
Two (2) years’ experience with CTRs, teller operations or finance/accounting
Consistent attention to detail is required, especially when reviewing reports and account activity
Ability to exercise sound judgment and capable of making decisions independently when needed
Strong ability to read and carry out written and oral instructions
Ability to handle multiple, simultaneous, and changing priorities effectively
Ability to express thoughts and ideas effectively, both written and verbal
Must be capable of dealing calmly and professionally with diverse personalities
Ability to maintain composure under pressure, especially when facing deadlines or accuracy critical tasks in a fast-paced environment
Must exercise the highest level of discretion on internal and external confidential matters
Proficient with a personal computer using a Windows environment, fax, copy machine, ten key by touch, scanner and telephone
Must be proficient in Microsoft Office (Excel, Word, Outlook) and online search engines

Nice To Haves

Associates degree preferred

Responsibilities

Performs daily data quality reviews on feeds from the core to Anti-Money Laundering (AML) software related to wire transfers, official checks, cash advances and other transactions as necessary
Prepare daily cash transaction reconciliation to ensure reportable transactions are timely identified
Prepare or review CTRs to ensure transactions are accurately reported
Electronically file CTRs with FinCEN within regulatory timeline and track for proper acknowledgement/acceptance
Review suspicious activity correspondence from the front line and create alerts as necessary
Perform FinCEN 314(a) searches timely and accurately report matches if necessary
Review for OFAC/SDN list changes and timely perform updates in AML software and report matches as necessary
Routes, logs and processes restitution payments to ensure proper credit application
Demonstrates an understanding of and follow the requirements of regulations related to job functions including but not limited to the Bank Secrecy Act (BSA), Anti Money Laundering (AML), and Office of Foreign Assets Control (OFAC)
Responsible for completing BSA/AML compliance training annually
Maintain and share knowledge of AML regulations and best practices
Assists with special projects or other administrative tasks as necessary