Job Description
Job Description
We are a professional staffing firm, working with organizations across the country to place exceptional candidates. Currently, we have a BSA Specialist opportunity with a well-established Credit Union.
Summary:
The BSA Specialist is responsible for conducting moderate to complex BSA/AML reviews, including alert investigations, SAR drafting, CTR completion, 314 searches, and enhanced due diligence reviews. This role supports BSA leadership by ensuring timely regulatory filings, accurate documentation, and quality casework for audits, exams, and board reporting.
Your specific duties will include:
- Provide outstanding service to each internal and external customer as defined by Service Standards and Promises.
- Responsible for the review and investigation of AML alerts across multiple channels (ACH, wires, cash, checks, P2P, debit/credit card, and online banking).
- Perform and document full SAR investigations from initial alerts through case development and final decision-making. Drafting SAR narratives and continuing activity SARs, ensuring reports are filed within regulatory timeframes, and maintaining all required retention.
- Identify unusual patterns of activity, structuring, layering, funneling, elder exploitation, mule activity, and account takeover.
- Completes all CTRs accurately and promptly. Maintains CTR records for audit and exam readiness.
- Analyze and monitor potential OFAC matches by reviewing alerts, documentation, and decisioning. Escalate confirmed or high-risk OFAC concerns as stated in our BSA policy.
- Conduct and document bi-weekly 314(a) searches. Maintains 314(b) communications.
- Performs Enhanced Due Diligence reviews for high-risk customers such as NGOs, cash-intensive businesses/individuals, RDC users, business customers utilizing Treasury Services, and foreign individuals.
- Provide data for BSA/AML board reports, including alert volumes, SAR, and CTR statistics, for completed EDD reviews, and high-risk member activity.
- Responds and conducts reviews for subpoena information requests, law enforcement, and government agencies' requests to ensure responses are accurate, timely, and well-documented.
- Assist BSA leadership with audit and exam requests.
- Maintain knowledge with BSA Compliance training and certifications.
Required qualifications for the position include :
- 2-4 years of direct BSA/AML experience in a financial institution
- Ability to multitask and work well under pressure
- Strong problem-solving and analytical skills.
- Exceptional written and verbal communication.
- Ability to conduct Enhanced Due Diligence reviews for high-risk customers and businesses.
- Experience with the Verafin AML system.
- Must have knowledge of regulations and procedures related to BSA/AML.
Compensation may vary outside of this range depending on a number of factors, including a candidate's qualifications, skills, competencies, experience, and location. Employees have access to healthcare benefits, including medical, dental, and vision, as well as a 401(k) plan.
Let one of our recruiters assist you in finding and preparing for interviews with our clients. Whether you are interested in a direct hire, temp-to-hire, or temporary position, Workway can help you to put your best foot forward. Contact us today!
Workway, Inc. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender, gender identity, national origin, disability, protected veteran status, or any other characteristic protected by applicable laws, regulations, and ordinances. For our complete EEO & Pay Transparency statement, please visit http://www.workway.com/EEO . To receive state and federal compliance posters, e-mail hr@workway.com or call 972.514.1515.
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Company DescriptionWorkway BancForce is a premier national staffing firm that places qualified job-seeking candidates across the nation in direct hire, temp-to-hire, and temporary positions across a variety of specialized fields. We pride ourselves in offering a candidate-centric model to assist job seekers in finding their next career opportunity.
Company Description
Workway BancForce is a premier national staffing firm that places qualified job-seeking candidates across the nation in direct hire, temp-to-hire, and temporary positions across a variety of specialized fields. We pride ourselves in offering a candidate-centric model to assist job seekers in finding their next career opportunity.