VP - BSA

RadiFi Credit Union•Jacksonville, FL

13d•Onsite

About The Position

The Vice President of BSA is responsible for leading the credit union's Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and Fraud Risk Management programs. This role ensures regulatory compliance while safeguarding member assets and maintaining the trust and integrity central to the credit union mission. The VP serves as the designated BSA Officer and plays a key role in protecting the organization from financial crime through proactive risk management and member-focused solutions. Has managerial responsibilities over the BSA/Fraud team. Manages, coordinates and reviews the work of assigned staff. Recommends candidates for employment, conducts performance evaluations and salary reviews for assigned staff, and applies company policy.

Requirements

Minimum of 10 years of experience in BSA/AML, fraud prevention, or financial crimes within a financial institution.
Minimum 5 years of leadership experience.
Holds and maintains required BSA Compliance Officer certifications.
Strong technology skills, communication skills and investigative skills are required.
Detail oriented.
Able to deal with auditors and examiners as well as senior management.
Ability to maintain confidentiality.
Must be able to study regulations and take certification exams.
Strong knowledge of BSA/AML regulations and credit union regulatory environment (NCUA preferred).
Experience with fraud detection systems, transaction monitoring, and case management tools.
Strong analytical and investigative skills.
Ability to balance risk mitigation with member service excellence.
Excellent communication skills, including Board-level reporting.

Nice To Haves

Credit union experience strongly preferred.
A bachelor's degree, or (2) substantial job-specific skills gained through relevant work experience. Degree preferred in business, finance, accounting, or a related field.
Certified Fraud Examiner designation is a plus.

Responsibilities

Lead and oversee all aspects of the BSA/AML and Fraud programs with a strong focus on protecting members and their financial well-being.
Develop and execute strategies that balance fraud prevention with a positive member experience.
Serve as a trusted advisor to executive leadership on financial crime risks and mitigation strategies.
Report regularly to senior management and the Board of Directors.
Serve as the official BSA Officer in accordance with regulatory requirements.
Ensure compliance with all applicable laws and regulations, including BSA/AML, OFAC, and USA PATRIOT Act.
Oversee timely and accurate filing of SARs and CTRs.
Act as primary liaison with regulators (e.g., NCUA, state regulators) and external auditors.
Maintain, review, and enhance BSA/AML policies, procedures, and internal controls.
Lead enterprise-wide fraud prevention, detection, and investigation efforts across all delivery channels (branch, digital banking, cards, ACH, wires).
Implement and optimize fraud monitoring systems and tools.
Identify emerging fraud trends and adjust controls proactively.
Oversee fraud loss mitigation and recovery strategies.
Direct enterprise BSA/AML and fraud risk assessments and ensure appropriate controls are in place.
Utilize data analytics and reporting to monitor trends, identify risks, and drive decisionmaking.
Ensure appropriate due diligence for high-risk members and accounts.
Build and lead a high-performing BSA/Fraud team.
Promote a culture of compliance, accountability, and continuous improvement.
Ensure ongoing staff training and development on regulatory changes and fraud trends.
Partner closely with Operations, Lending, IT, Compliance, and Member Experience teams to embed fraud prevention and compliance into all processes.
Support new products and services by ensuring appropriate controls are in place.
Promote financial crime awareness across the organization through training and communication.
Prepare periodic reports for executive leadership and the board, ensuring compliance with regulatory requirements.
Perform other job-related duties and projects as assigned.