Compliance & Risk Management Analyst - BSA

If you would enjoy working in a dynamic environment and are looking for an opportunity to become part of a stellar team of professionals dedicated to service, we invite you to apply online today.

This position offers a flexible hybrid work arrangement, allowing employees to balance in-office collaboration with the benefits of remote work. We provide the necessary tools and technology to ensure seamless productivity, whether you're working from home or the office.

SUMMARY: This position is primarily responsible for the performance of duties in response to compliance requirements regarding the USA PATRIOT Act, Bank Secrecy Act (BSA), Financial Crimes Enforcement Network (FinCEN), and Office of Foreign Assets Control (OFAC). This position will report to the BSA/AML Enhanced Due Diligence Manager and work closely with all BSA staff related to the Credit Union’s BSA compliance program, including customer due diligence, high-risk members, Suspicious Activity Reports (SARs) and review of alerts, OFAC and FinCEN 314(a) requests.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Maintain a working knowledge of BSA, AML and OFAC laws, rules and regulations as well as the Credit Union’s internal Bank Secrecy Policy and other procedures and processes (relating to BSA, AML and OFAC) to ensure that Georgia’s Own complies with these laws, rules, regulations and internal policies, procedures and processes.
• Maintain thorough working knowledge and operating procedures for the Credit Union’s BSA program and compliance software (Verafin), including any upgrades and ongoing system setup activities to monitor transaction detail throughout Georgia’s Own.
• Monitor transactions initiated by Credit Union members in accordance with the BSA and the Credit Union’s policies and procedures to identify suspicious activity.
• Compile data needed to support and prepare all identified SAR’s with FinCEN.
• Ensure the Credit Union’s adherence to OFAC requirements and best practices.
• Assist in the development and maintenance of the Credit Union’s enterprise-wide customer due diligence program (commercial and consumer).
• Ensure that customer due diligence policies, procedures, and practices are adhered to.
• Other duties as assigned.

QUALIFICATIONS

  

The requirements listed below are representative of the knowledge, skill and/or ability required for the position.

EDUCATIONAL AND WORK EXPERIENCE REQUIREMENTS

A minimum of three years’ experience in BSA compliance is preferred.

Certified Bank Secrecy Act Professional (CBSAP) designation or equivalent preferred (other education, certifications and/or licenses related to BSA will be considered).

If the individual does not hold any of the professional certifications or educational equivalents, he/she must be willing to pursue designations or education as required by the BSA Officer. 

In addition, this position requires the individual to complete ongoing training to ensure proficiencies regarding BSA, OFAC and USA PATRIOT Act compliance standards are met or exceeded.

OTHER JOB QUALIFICATIONS

The position requires the individual to have strong aptitude in researching, analyzing, and identifying transaction patterns that are out of the ordinary and require additional due diligence. Working knowledge of the Verafin BSA/AML application is highly preferred. Additionally, excellent time management skills and the ability to handle multiple tasks simultaneously are required.

The position requires a strict adherence to regulatory time frames and meeting those deadlines with little supervision. Due to the nature of the position, a high level of confidentiality is critical.

The position requires proficiency with Microsoft Word, Excel and PowerPoint. Additionally, the position requires effective written and verbal communication skills.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

PHYSICAL REQUIREMENTS:

To perform this job successfully, the employee must be able to perform each essential job duty satisfactorily. All employees must be able to communicate face to face or through technology with or without reasonable accommodation. Employee will be in an office environment (well-lighted, heated, and air-conditioned) typically stationed at a desk or table. Employee will be asked to sit and stand for various increments of time, and to lift/push up 10 lbs. Clerical office duties on various forms of technology are required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.

All positions that have lending responsibilities must comply with all requirements under the SAFE ACT, as well as the Credit Union’s policies and procedures related to the SAFE ACT. This includes an obligation on the employee’s part to ensure that NMLA registration pertaining to the SAFE ACT is kept current. The employee must notify the Credit Union within 30 days of any changes that need to be reflected on the NMLS registry.

Georgia’s Own Credit Union is an equal opportunity employer and will not discriminate against any employee or applicant on the basis of age, color, disability, gender, national origin, race, religion, sexual orientation, veteran status, or any classification protected by federal, state, or local law. Consistent with obligations under federal law, every company that is a federal contractor or subcontractor is committed to taking affirmative action to employ and advance women, minorities, disabled veterans, special disabled veterans, veterans of the Vietnam era, and other eligible veterans. 

We are an equal opportunity employer. Employment selection and related decisions are made without regard to sex, race, age, disability, religion, national origin, color or any other protected class.