BSA Specialist

The BSA Specialist supports fraud prevention and regulatory compliance at Connexus Credit Union by investigating alerts and cases related to anti-money laundering efforts, filing SARs, CTRs, and following CIP processes. This remote role requires experience in financial institutions and knowledge of BSA/AML regulations.

Location: Remote

Responsibilities

• Receives and analyzes dispute, identity theft, credit bureau and fraud claims from members and employees and determines appropriate resolutions.
• Works in a dynamic, highly collaborative, fast-paced environment, where member experience and fraud prevention are the goal.
• Monitoring fraud and BSA software program (Verafin) for compliance with BSA reporting, which includes filing Suspicious Activity Reports (SAR).
• Receives and analyzes all currency transaction reports (CTRs) & monetary instrument logs (MILs).
• Conducts investigations and runs reports on customer identification program for loan purchase programs.
• Conducts full Customer Identification Program (CIP) and OFAC searches on all new members.
• Reviews and performs all duties associated with 314a and 314b.
• Collaborate with other Connexus departments, other financial institutions, law enforcement authorities or members when researching and resolving suspicious activity, under the direction of the BSA Analyst, BSA Manager.

Requirements

• 1+ years of related experience is Required.
• Experience in a financial institution is Required.
• Possess frontline banking experience and a solid understanding of BSA/AML, Office of Foreign Assets Control (OFAC), and USA Patriot Act regulations.
• Required to hold or obtain the CBSAP certification within the first year.
• Required to possess proficient skills to open, create, and modify various documents using the Microsoft Suite (e.g. word documents, spreadsheets, email, etc.) and enter/retrieve information using various applications/systems.
• Thorough knowledge/understanding of legal and regulatory matters and industry trends.
• Self-motivated individual that is detail oriented and can accurately complete work within required time frames under minimum supervision driven by a sense of urgency.
• Excellent verbal and written communication skills to effectively communicate with all levels of bank and external customers. Ability to interact with members and employees with tact, diplomacy and confidentiality.
• Must possess the ability to gather and analyze information skillfully and document those findings in a clear and concise report.
• Manage resources, time and organizational skills to meet deadlines, prioritize tasks, and follow through on projects.

Benefits

• 20 days of paid time off and 10 paid holidays
• 16 hours of paid Volunteer Time Off
• 401K Retirement with up to 6% employer match
• Excellent Health, Dental, Vision insurance, including multiple plan options
• Health Savings Account with generous employer contributions
• Employer paid Life insurance, Short-Term and Long-Term Disability
• Tuition Reimbursement from $4,000 - $7,000 per calendar year
• Robust Learning and Development program that includes an annual professional development stipend