Senior BSA Compliance Specialist

First City Credit Union•Altadena, CA

About The Position

The Senior BSA Compliance Specialist will assume, but not be limited to, the following responsibilities: Responsible for reviewing reports used for detection of, and accurate filing of, Currency Transaction Reports (CTRs) and Suspicious Activity Reports (SARs) as required. This includes coordinating with branches and departments to review, investigate, and report timely. Independent and timely review of alerts in the BSA/AML software, generated for BSA/AML, watch lists, fraudulent activity, and filing reports as required. Coordinates BSA/AML annual audit and provides required responses to resolve any findings. Reviews fraudulent transactions, notification emails, returned items and related accounts and/or loans to detect and help identify and prevent the occurrence of fraudulent activity. Assists in the analysis, controls, and management of risk assessments for the BSA/AML program, Identity Theft & Red Flags and other risk assessments as needed. Assists with administering the Bank Secrecy Act anti-money laundering and OFAC programs, which includes acting as administrator for our BSA/AML software.

Requirements

Two years college degree or specialized course of study, or equivalent job experience
Compliance or BSA certification of CUCO, CBSAP, ERM, ACAMS or similar required, or completion within 1 year of hire date
Minimum three years of experience with compliance regulations and rules that govern the Bank Secrecy Act
Minimum two years of experience analyzing, following up and reporting fraud losses, transactions and developing controls for loss mitigation
Professional verbal and written communication skills in English

Responsibilities

Reviewing reports for detection and filing of Currency Transaction Reports (CTRs) and Suspicious Activity Reports (SARs)
Coordinating with branches and departments to review, investigate, and report timely
Reviewing alerts in the BSA/AML software for BSA/AML, watch lists, fraudulent activity, and filing reports
Coordinating BSA/AML annual audit and providing required responses
Reviewing fraudulent transactions, notification emails, returned items and related accounts and/or loans to detect and help identify and prevent the occurrence of fraudulent activity
Assisting in the analysis, controls, and management of risk assessments for the BSA/AML program, Identity Theft & Red Flags and other risk assessments as needed
Assisting with administering the Bank Secrecy Act anti-money laundering and OFAC programs, which includes acting as administrator for our BSA/AML software