- Location
- Tuscaloosa, AL
- Source
- Paylocity
Description
Description
Summary:
Provide support to the Bank Secrecy Act TEAM that is responsible for developing, implementing, and administering all aspects of the Bank Secrecy Act Compliance Program.
Duties and Responsibilities:
- Maintains knowledge of the Credit Union's BSA Compliance Program to include, but not limited to, the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Office of Foreign Asset Control (OFAC) and the USA Patriot Act.
- Reviews reports associated with BSA; investigate cases produced by BSA software, decide on further action if appropriate; identify suspicious activity in the review process; review documentation for certain high risk accounts.
- Investigates all unusual or suspicious activity identified by the monitoring software of the Compliance & Risk Department or referred by other departments and builds cases to assist Sr. BSA Specialist determine whether the filing of a Suspicious Activity Report (SAR) is warranted.
- Analyzes complex situations and provide guidance, and escalate issues to appropriate levels of management.
- Perform other job related duties as required.
Requirements
Minimum Requirements:
- Strong analytical, written/verbal communication, interpersonal, and relationship building skills.
- Adherence to high ethical standards and the ability to maintain confidentiality.
- Ability to work independently.
Preferred Qualifications:
- Bachelor’s degree in Accounting, Finance, or related discipline.
- one or more years of similar or related experience.
- Professional certification such as Bank Secrecy Act Compliance Specialist (BSACS), NAFCU Certified Bank Secrecy Officer (NCBSO), Certified Anti-Money Laundering Specialist (CAMS), or equivalent certification.
- Experience working within BSA/AML software.
