BSA Specialist - Santa Fe, NM bei Del Norte Credit Union

Description

About us

At DNCU, we’re committed to a mission of improving lives and our vision of serving as an ideal partner for a better future for our members. We call it Del Norteño Pride and it’s at the heart of what we do and who we are.

Job Summary

The BSA Specialist implements fraud risk strategy and policy to ensure that financial crime risk is mitigated as effectively as possible. This includes regular communication with stakeholders and the maintenance of internal control standards, including internal and external audit points.

Salary:

Level I:

The starting salary range for this position is $22.08 - $27.60 an hour. New hires are typically brought into the organization at a rate between the range minimum and the range maximum, depending on qualifications, internal equity, and the budgeted amount for the role.

Level II:

The starting salary range for this position is $24.69 - $30.86 an hour. New hires are typically brought into the organization at a rate between the range minimum and the range maximum, depending on qualifications, internal equity, and the budgeted amount for the role.

Senior:

The starting salary range for this position is $27.68 - $34.60 an hour. New hires are typically brought into the organization at a rate between the range minimum and the range maximum, depending on qualifications, internal equity, and the budgeted amount for the role.

Essential Functions & Responsibilities:

Level I

• Review and document BSA/AML alerts in the transaction monitoring software within service level agreements to detect any potentially suspicious activity. Clear false positive alerts or escalate alert to a case for further investigation.
• Process and submit Currency Transaction Reports (CTRs) accurately and within required regulatory timeframe.
• Review daily reports such as financial activity and shared branching to identify potentially reportable transactions.
• Assist BSA Compliance Officer with monitoring 314(a) lists by responding within required timeframes and collaborating with 314(b) institutions for shared information requests.
• Review any OFAC or watch list potential matches as needed. Clear false positive alerts or document true matches and coordinate with BSA Compliance Officer on any required reporting
• Review daily FRB returns to identity any suspicious activity.
• Other related duties as assigned.

Level II (Includes Level I Responsibilities)

• Support by assisting BSA Specialist in the review and documentation of alerts related to anti-money laundering (AML) and customer due diligence (CDD) within transaction monitoring systems. Ensure timely processing of alerts by identifying and clearing false positives or escalating cases for further investigation, in alignment with established service level agreements.
• Provide support for the Senior BSA Specialist by assisting with investigations and documentation of BSA/AML cases escalated from alerts in the transaction monitoring software within service level agreements. Recommend whether case can be closed or escalated to Suspicious Activity Reporting (SAR).
• Create and monitor high-risk customer lists within service level agreements including identification of high-risk occupations and industries in Verafin. Support member and business experience teams with customer due diligence reviews.
• Review daily reports such as financial activity and shared branching to identity potentially reportable transactions. 

Senior Level (Includes Level I & II Responsibilities) 

The Sr. BSA Specialist is responsible for proper execution of the BSA compliance program to ensure Del Norte Credit Union complies with state, Federal and NCUA laws and regulations. The position will focus on programs such as BSA, AML, CFT, OFAC, NCUA regulation and internal policies related to BSA. The role will provide administrative support to the BSA Manager and will perform a variety of duties to execute the day-to-day BSA Program activities. In addition, this role will provide guidance to other BSA Specialists and team members of various department related to BSA compliance.

Benefits: 

• Medical, Dental and Vision insurance. Available the first of the month following date of hire. 
• 401(k) - Traditional or Roth
• Paid Time Off
• Eleven paid holidays/year
• Employer- Paid Benefits: Employee Assistance Programs (EAP), Short-Term & Long-Term disability
• Other great benefits: Wellness Reimbursement Plan, Educational Reimbursement and Development Programs. 

Requirements

Experience: 

Level I - One year to three years of similar or related experience.

Level II & Senior Level - Three years to five years of similar or related experience.

Education: 

Level I & II

(1) A two-year college degree, or (2) completion of a specialized certification or licensing, or (3) completion of specialized training courses conducted by vendors, or (4) job-specific skills acquired through an apprenticeship program.

Senior Level

(1) A bachelor's degree, or (2) achievement of formal certifications recognized in the industry as equivalent to a bachelor's degree (e.g. ACAMS certifications in lieu of a degree). If uncertified, you must earn and maintain professional certification within 12 months of hire.

Interpersonal Skills

Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation. Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication.

Other Skills: 

Must have good communication skills. Proficient ten key calculator and keyboard skills. Completion of recommended in-house courses during the first 12 months of employment and annual compliance courses.

Physical Requirements: 

May require sitting for extended periods of time.

Work Environment: 

• Office environment with frequent exposure to various forms of office equipment and technologies, such as audio visual and computers. Occasional travel to other worksites or offsite locations will occur on occasion.
• Hybrid work is possible with approval from supervisor and will be subject to change based on the needs of the organization or department.