Bank Secrecy Act (BSA) Officer

Description

We are seeking an experienced and motivated BSA Officer to support and oversee PNCU’s Bank Secrecy Act and Anti-Money Laundering compliance program. The ideal candidate will have BSA/AML experience within a credit union or similar financial institution, strong knowledge of applicable regulatory requirements, and excellent analytical, organizational, and communication skills.  We are looking for someone who takes pride in their work, exercises sound judgment, and is ready to play an important role in supporting PNCU’s compliance program.

Polish National Credit Union stands strong as a full-service, member-owned credit union, offering a complete line of personal and business banking products and services. Since our inception in 1921, Polish National has grown to meet the needs of our communities. We proudly support the community through non-profit and educational initiatives. An important aspect of all positions at the credit union is to fulfill our mission: “To Grow Lasting Relationships to Improve People’s Lives.” 

We are committed to providing fair and equitable compensation opportunities for all team members. We take pride in offering growth and professional development opportunities that support our employees’ continued success. Our compensation practices allow team members to progress through the salary range over time as they grow in their roles. The actual base pay offered will be determined based on factors including, but not limited to, a candidate’s skill, relevant experience, and work location.

Our Credit Union is an equal opportunity employer. All applicants will be considered regardless of race, color, creed, religion, sex, sexual orientation, national origin, age, marital or veteran status, medical condition, disability, genetic information, or any other legally protected status. Equal access to the hiring process, services, and employment is available to all persons.

Requirements

The Bank Secrecy Act (BSA) Officer is responsible for the day-to-day administration, oversight, and ongoing effectiveness of PNCU’s Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Compliance Program. The position ensures the Credit Union maintains an effective program designed to comply with applicable BSA/AML requirements, including requirements related to the Customer Identification Program (CIP), member due diligence, Currency Transaction Reports (CTRs), Suspicious Activity Reports (SARs), and the Office of Foreign Assets Control (OFAC).

• Thorough knowledge of the Bank Secrecy Act, Anti-Money Laundering requirements, USA PATRIOT Act, CIP, SARs, CTRs, and OFAC requirements.

• Strong understanding of BSA/AML risks within a credit union or other financial institution.

• Ability to evaluate complex transactions and account activity and exercise sound, independent judgment regarding potentially suspicious activity.

• Strong analytical, investigative, research, and problem-solving skills.

• Ability to interpret regulations and regulatory guidance and translate requirements into effective policies and operational practices.

• Strong written and verbal communication skills.

• Ability to communicate compliance concerns professionally and effectively to employees, management, senior leadership, auditors, and examiners.

• Strong attention to detail and organizational skills.

• Ability to manage multiple priorities and regulatory deadlines.

• Demonstrated discretion and ability to maintain a high level of confidentiality.

• Proficiency with applicable banking systems, BSA/AML monitoring systems specifically Verafin and Microsoft Office applications.

Associate degree in Business Administration, Finance, Accounting, Compliance, or a related field preferred.

Five or more years of progressively responsible experience in BSA/AML, regulatory compliance, fraud, financial investigations, credit union operations, or a related financial institution environment preferred.

Professional BSA/AML certification, such as NAFCU Certified Bank Secrecy Officer (NCBSO), Certified Anti-Money Laundering Specialist (CAMS), or other relevant compliance certification preferred.

A significant level of trust, diplomacy, confidentiality, and sound judgment is required. The position regularly works with sensitive member information and confidential regulatory matters and must be able to communicate compliance concerns objectively and professionally at all levels of the organization.

• Ability to sit, stand, and use standard office equipment for extended periods.

• Ability to lift up to 20 lbs.