BSA / AML Analyst I - Anchorage, United States - Global Credit Union

Description

Overview:

Reports To: Assistant Manager, BSA / AML

Primary Functions: Perform activities related to money laundering and account monitoring for Bank Secrecy Act (BSA) related to Anti-Money Laundering (AML), Currency Transaction Reporting (CTRs) and Suspicious Activity Reporting (SAR), OFAC and The USA PATRIOT Act compliance for the Credit Union and subsidiary Credit Union Service Organizations (CUSOs).

Duties and Responsibilities:

1. Verify the receipt and accuracy of branch Currency Transaction Reports to process and perform FinCEN e-filing daily.
2. Monitor Currency Transaction Report Control Logs for BSA/AML compliance.
3. Investigate suspicious activities recorded in BSA/AML reports to accurately write SAR narratives as applicable.
4. Verify Suspicious Activity Reports.
5. Review Risk Management database reports for compliance and fraud prevention, reporting exceptions to BSA/AML Manager or other designee.
6. Perform administrative responsibilities for Lexis Nexis Bridger software and track Identity Theft Red Flag losses by category for annual Board of Director reporting compliance.
7. Review daily time critical reports to ensure accurate OFAC compliance for the Credit Union and CUSOs and respond to requests for analytical OFAC review providing further verification as requested.
8. Monitor Credit Union and CUSOs departmental procedures for BSA, OFAC, Identity Theft Red Flag, and The USA PATRIOT Act regulatory compliance, reporting variances to the BSA/AML Manager.
9. Provide input on the thresholds used in the Risk Management Database to ensure that the database is effective in providing only those situations that are truly suspicious.
10. Assist in the quarterly review of credit union accounts for BSA/OFAC compliance.
11. Perform other duties as assigned.

Education: High school graduate or equivalent.

Creditable Experience in Lieu of Education: Not Applicable

Experience/Skills: Requires two years of increasingly responsible related experience in similar operations position. Good communication skills, general accounting knowledge or applicable balancing experience, strong written communication and critical thinking skills are requirements. Recommendation by the supervisor or two years of similar experience in a problem solving capacity which routinely requires independent investigative skills. Familiarity with business law and regulations relating to the Bank Secrecy Act, Anti-Money Laundering regulations and The USA PATRIOT Act.

Tenure: BSA/AML Analyst II, category 12, requires minimum of twelve months tenure in the BSA/AML Analyst I position with performance that meets or exceeds expectations: assignment may be determined by candidate's education or experience. Directly related work experience and/or accelerated training completion may be substituted for tenure.

Salary Pay Range:

• BSA/AML Analyst I (Category 13): $44,803 - $66,309 annually
• BSA/AML Analyst II (Category 12): $48,387 - $73,549 annually
• BSA/AML Analyst III (Category 11): $52,258 - $81,523 annually
• Senior BSA/AML Analyst (Category 10): $57,484 - $90,825 annually

Starting base salary will be determined based on candidate experience, qualifications, education, and local or state wage requirements, if applicable and will fall within the range provided above.

In accordance with our Salary Administration policy, new hire base salaries generally fall within the minimum to midpoint of the listed range.

• Short-term and long-term incentives
• Comprehensive medical, dental and vision insurance plan that has HSA and FSA options
• 401(k) plan with a 5% match
• Employee Assistance Program (EAP)
• Life and disability coverage
• Voluntary cash benefits for accident, hospitalization and critical illness
• Tuition Reimbursement
• Generous leave programs to include Paid Time Off accrual, Paid Sick Leave, Paid Holidays
• Click here to view Globals comprehensive Benefits Programs.

Equal Opportunity Employer