Job Description

Please reference the schedule and minimum qualifications listed below before applying.

If you need assistance with filling out our application form or during any phase of the application interview or employment process please notify our Human Resources Team at option 1 or email and every reasonable effort will be made to accommodate your needs in a timely manner.

Job Summary

The BSA Compliance Investigator I is responsible for reviewing automated and manual referrals of members and accounts for unusual activity. Obtains supporting documentation regarding financial crimes such as money-laundering terrorist financing and corruption. Reviews internal source systems third-party investigative tools and other applicable sources to investigate suspicious activity. Documents findings of each investigation. Files Suspicious Activity Reports when findings indicate suspicious activity. This position is part of the BSA Compliance team.

Job Description

LOCATION

Mountain America Center

9800 S Monroe St

Sandy Utah

SCHEDULE

Full-Time; *Hybrid work schedule available: in-office and remote

To be effective an individual must be able to perform each job duty successfully.
Researches analyzes recommends and investigates member activity for potential AML-related suspicious activity. Investigates and documents moderately complex cases generated from automated monitoring system and Credit Union personnel referrals.
Reviews and analyzes automated alerts for potential suspicious activity and determines if alert warrants to be moved into a case.
Prepares Suspicious Activity Reports (SARs) to file with FinCEN and ensure initial filings and 90 day follow up reviews are completed within FinCEN guidelines.
This position requires the daily writing of detailed reports with concise conclusions for investigative review findings in accordance with procedures.
Communicates with branch and team personnel when necessary in completing case investigations.
Documents results of investigations in BSA/AML Monitoring System.
Compiles data and maintains necessary records and files to assure efficient and consistent reporting of investigations.
Makes recommendations for closing account relationships due to suspicious activity.
Escalates identified risks to leadership team.
Maintains a good understanding of BSA regulations and FinCEN guidelines relative to BSA Suspicious Activity Reporting and current money laundering schemes and investigative techniques required to detect such schemes.
Maintains thorough knowledge of the Credit Unions systems used to conduct research of member transaction activity.
Ensures all outgoing wire transfers have been checked against the Office of Foreign Asset Control (OFAC) list and report positive hits when applicable.
Review ACH and OFAC hits/suspects as identified by BSA/AML Monitoring System and report positive hits when applicable.
Completion of FinCEN 314a notifications; reviews and reports search results and documents as outlined by BSA policy.
Receives and responds to FinCEN 314b requests.
Adhere to confidentiality policy code of ethics and follow all policies and procedures relative to Consumer Compliance laws and regulations and best practice recommendations.
Provide training and guidance to branch and corporate teams on BSA related subjects.
Attend applicable regulatory training webinars and read periodicals to maintain a current thorough understanding of money laundering and terrorist financing issues including policies procedures regulations industry best practices criminal activity and developing trends.
Additional duties as assigned.

KNOWLEDGE SKILLS and ABILITIES
The requirements listed are representative of the knowledge skills and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.

Experience

• Four years progressive experience in a financial compliance fraud or BSA/AML setting or related experience.

Education

• Bachelors degree from an accredited institution in business finance economics or related field. OR two additional years combined with experience years in a progressive financial setting.

Licenses Certifications Registrations

• BSA/AML certification preferred.

Managerial Responsibility

• Has no supervisory/managerial responsibilities.

Computer/Office Equipment Skills

• Advanced skills with Microsoft Office Suite including Outlook Word
• PowerPoint and Excel.
• Experience with BSA related software preferred.
• Demonstrated experience with Symitar preferred.

Language Skills

• Demonstrated ability to clearly express ideas methodology results and recommendations verbally in writing and through insightful reports and graphic illustrations
• Demonstrated ability to document outcomes and present information in a manner appropriate for key stakeholders and all levels of the organization.

Other Skills and Abilities

• Excellent decision making analytical and investigative abilities with attention to detail and accuracy.
• Knowledge of general credit union operations particularly branch handling procedures.
• Experience in all applicable deposit related compliance regulations and applicable laws are required.
• Ability to work both autonomously and collaboratively in a fast-paced environment.
• Self-starter with strong organizing and time management skills and the ability to work productively and efficiently in a fast-paced environment with multiple projects and timelines
• Adaptive to change responds positively to altered circumstances or conditions
• Take initiative to be a problem solver and provide suggestions to improve processes and efficiencies.
• Excellent inter-personal skills including the ability to lead and collaborate with ad-hoc teams

PHYSICAL ABILITIES / WORKING CONDITIONS

Physical Demands
Ability to sit talk and hear consistently
Ability to stand walk and use hands to handle or reach occasionally

Vision Requirements
Close vision (clear vision at 20 inches or less)
Distance vision (clear vision at 20 feet or more)

Weight Lifted or Force Exerted
Ability to lift up to 10 pounds occasionally

Environmental
There are no unusual environmental factors (such as a typical office)

Noise Environment
Moderate noise (business office with computers and printers light traffic)

Mountain America Credit Union is an EEO/AA/ADA/Veterans employer.

Job Tags

Full time, Work at office, Remote work,

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