Bank Secrecy Act Specialist I

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Job description

GreenState Credit Union

Bank Secrecy Act Specialist I

US-IA-North Liberty

Job ID:
Type: Regular Full-Time
# of Openings: 1
Category: Compliance and Risk
Work From Home

Overview

This position is responsible for reviewing and analyzing transactions and system generated alerts for potential Bank Secrecy Act (BSA)/Anti-Money Laundering (AML) suspicious activity and red flags, reviewing Office of Foreign Asset Control (OFAC) hits, completion and filing Currency Transaction Reports (CTRs), and fielding calls, emails and chats related to suspicious activity. This position will provide superior member service to teammates and internal staff.

GREENSTATE CULTURE:

At GreenState, we exist to create lasting value for those we serve. We do this by putting immense value into our employees, members and communities. We empower our employees to create endless opportunities, which will then impact the lives of our members and enhance the vitality of our communities.

Pay range for this hourly position is $26.02 - $34.84/hr with a progressive benefits package.

Hours for this position rotate weekly between 7:30am - 4:30pm and 8:30am - 5:30pm, Monday through Friday.

Responsibilities

Performs essential duties and responsibilities in the following areas which may include, but are not limited to those listed and are subject to change:

1. Adheres to the Credit Union's core values and Service Standards in carrying out GreenState's mission and vision.
2. Demonstrates a positive member service (internal and external) focus at all times.
3. Demonstrates teamwork in all interactions with coworkers and in the completion of all duties and responsibilities.
4. Ensures confidentiality of member information.
5. Supports a diverse and inclusive environment.
6. Displays thorough knowledge and understanding of the Credit Union's financial products, services, members, and geographic locations, and the potential money laundering and terrorist financing risks associated with those activities.
7. Reviews and analyzes transactions and system generated alerts for potential BSA/AML suspicious activity, red flags, potential money laundering, BSA violations, terrorist financing and other financial crimes.
8. Field calls, emails and chats related to suspicious activity.
9. Reviews and analyzes potential hits of member database against OFAC sanctions lists.
10. Monitors and reviews FinCEN 314(a) requests.
11. Provides expertise and advice to operations staff regarding potential OFAC watchlist hits.
12. Reviews, analyzes, and prepares CTRs for accurate and timely regulatory filings.
13. Submits completed CTRs.
14. Responsible for reviewing incoming and outgoing wires in WireXchange for OFAC hits and/or potential fraud.
15. Maintains knowledge of and comply with, BSA, AML, OFAC, USA Patriot Act, Member Identification Program (MIP), and related laws, regulations, policies, and procedures.
16. Participates in proactive team efforts to achieve departmental and Credit Union goals.
17. Performs other duties as assigned by VP/Compliance and Risk or Bank Secrecy Act (BSA) Officer.

Qualifications

1. High School diploma or equivalent along with one to three years banking or BSA/AML related experience.
2. Strong computer literacy and knowledge of computer software (MS Office).
3. Ability to effectively analyze information and situations in the course of reviews and investigations.
4. Ability to prioritize assignments and organize work efficiently, to handle large volumes of details.
5. Ability to quickly adapt to and analyze a wide variety of potentially sensitive situations involving member accounts and member contact.
6. Ability to work independently.
7. Accuracy and attention to detail required.
8. Ability and desire to interact with co-workers to develop positive and effective working relationships in all areas of Credit Union services.
9. Strong interpersonal and persuasive skills to represent the Credit Union in a positive way during periods of stressful member contact.
10. Interpersonal skills necessary to gather data from a number of sources and to represent positively the Credit Union during such contact.
11. Reports to work punctually, works all scheduled hours, and works overtime as necessitated by business demand.
12. Must be bondable.

Reporting Relationship
Reports to the Bank Secrecy Act (BSA) Officer.

Supervisory Responsibilities
This position is not responsible for the supervision of other employees.

Equal Opportunity Employment Statement
GreenState Credit Union is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

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