BSA Compliance Specialist

Legal & ComplianceCompliance Specialist

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Key Responsibilities

Responsible for reviewing reports used for detection of, and accurate filing of,

Technical Tools

Legal & ComplianceCompliance Specialist

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→Responsible for reviewing reports used for detection of, and accurate filing of, Currency Transaction Reports (CTRs) and Suspicious Activity Reports (SARs) as This includes coordinating with branches and departments to review, investigate, and report timely.
→Independent and timely review of alerts in the BSA/AML software, generated for BSA/AML, watch lists, fraud, creating cases, and filing reports as required.
→Reviews fraudulent transactions, notification emails, returned items and related accounts and/or loans to detect and help identify and prevent the occurrence of fraudulent
→Assists in the analysis, controls, and management of risk assessments for the BSA/AML program, Identity Theft & Red Flags and other risk assessments as
→Assists with compliance research and reviews for marketing, policy and procedure updates, and to ensure regulatory requirements are adhered to.
→Assists with administration of the vendor management program with requests for due diligence documents, setting email reminders and various tasks.
→Assists with investigations that require involvement of law enforcement, acting as liaison between the credit union and law enforcement.
→Conducts investigations of fraudulent member activity to ensure minimal loss to the organization and ensure regulatory requirements and internal procedures are adequate and adhered to.