Assistant BSA Analyst

Requirements

• EDUCATION AND EXPERIENCE:
• Bachelor's degree (B.A.) from a four-year college or university plus one year of experience in a financial institution; or equivalent combination of education and experience. 
• OTHER SKILLS and ABILITIES
• Ability to effectively use MS-Office products and AML software.
• PHYSICAL DEMANDS
• Core Competencies
• MEMBER FOCUSED
• Creates trust by building relationships and actively discovers the right solutions for Members and peers; understand

Benefits

Additional Information

Pay Range: $56,900 - $68,300 Location: Hybrid (in office days required) We offer a pay-for-performance compensation program including bonuses for all employees and a competitive benefits package. See https://www.cuofco.org/careers for a high-level overview of our benefits package and bonus offerings. General Purpose of the Position Under the supervision of the Compliance Supervisor and BSA Officer assist with the credit union's overall compliance with applicable rules, regulations, and statutory requirements regarding the Bank Secrecy Act (BSA) and Office of Foreign Assets Control (OFAC). Prepare documentation for submitting reports and ensuring timely submission of documentation and paperwork to the appropriate agencies. This is accomplished through implementation of a risk assessment program and performance of the essential duties and responsibilities listed below. ESSENTIAL DUTIES AND RESPONSIBILITIES ( including the following). May perform other duties as requested or assigned. Review, monitor, and record required documentation regarding currency transaction reports (CTRs), anti-money laundering alerts, and monetary instrument logs to identify potential unlawful activities. Reports to applicable government agencies as required. Under the supervision of BSA Officer complete Suspicious Activity Reports (SARs) by researching and working internal system alerts and reports. Perform audits of reports to ensure accuracy and consistency in filings. Participate in 314(b) inquiries and requests as needed. Assist in providing BSA & OFAC training to appropriate credit union personnel. Review, research, analyze, manage, and respond as needed to: credit reporting and watchlist alerts including OFAC and 314(a). Support BSA Officer with examiners and external auditors during compliance related examinations. Assist in developing a current library of BSA and OFAC compliance resources and provide informational assistance as requested. Conduct research and account reviews for fraudulent activity by working designated alerts and reports as needed. Occasionally support Fraud team by responding appropriately to instances of identified forgery and fraud. Respond to subpoenas and communicate directly with law enforcement. Assist with compliance related functions included but not limited to the review of trust, POA, fiduciary and other legal documentation to determine risk and make a risk-based decision whether to approve or deny the request. Provide IRA/HSA program support and answer tax related inquiries for front line staff. Provide ongoing support for Frontline Staff on risk, compliance, fraud, and security related issues. Perform other related responsibilities and activities as assigned, commensurate with level of responsibility and qualifications. Provide excellent service by demonstrating courtesy and personal concern for members and co-workers' needs and follow-up to ensure those needs are met. Adhere to all Federal and State laws and regulations applicable to the credit union, including the Bank Secrecy Act and OFAC.

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