BSA Compliance Investigator

Please reference the schedule and minimum qualifications listed below before applying.

If you need assistance with filling out our application form or during any phase of the application interview or employment process please notify our Human Resources Team at option 1 or email and every reasonable effort will be made to accommodate your needs in a timely manner.

Job Summary

The BSA Compliance Investigator I is responsible for reviewing automated and manual referrals of members and accounts for unusual activity. Obtains supporting documentation regarding financial crimes such as money-laundering terrorist financing and corruption. Reviews internal source systems third-party investigative tools and other applicable sources to investigate suspicious activity. Documents findings of each investigation. Files Suspicious Activity Reports when findings indicate suspicious activity. This position is part of the BSA Compliance team.

Job Description

LOCATION

Mountain America Center

9800 S Monroe St

Sandy Utah

SCHEDULE

• Full-Time;
• Hybrid work schedule available : in-office and remote

To be effective an individual must be able to perform each job duty successfully.

Researches analyzes recommends and investigates member activity for potential AML-related suspicious activity. Investigates and documents moderately complex cases generated from automated monitoring system and Credit Union personnel referrals.

Reviews and analyzes automated alerts for potential suspicious activity and determines if alert warrants to be moved into a case.

Prepares Suspicious Activity Reports (SARs) to file with FinCEN and ensure initial filings and 90 day follow up reviews are completed within FinCEN guidelines.

This position requires the daily writing of detailed reports with concise conclusions for investigative review findings in accordance with procedures.

Communicates with branch and team personnel when necessary in completing case investigations.

Documents results of investigations in BSA / AML Monitoring System.

Compiles data and maintains necessary records and files to assure efficient and consistent reporting of investigations.

Makes recommendations for closing account relationships due to suspicious activity.

Escalates identified risks to leadership team.

Maintains a good understanding of BSA regulations and FinCEN guidelines relative to BSA Suspicious Activity Reporting and current money laundering schemes and investigative techniques required to detect such schemes.

Maintains thorough knowledge of the Credit Unions systems used to conduct research of member transaction activity.

Ensures all outgoing wire transfers have been checked against the Office of Foreign Asset Control (OFAC) list and report positive hits when applicable.

Review ACH and OFAC hits / suspects as identified by BSA / AML Monitoring System and report positive hits when applicable.

Completion of FinCEN 314a notifications; reviews and reports search results and documents as outlined by BSA policy.

Receives and responds to FinCEN 314b requests.

Adhere to confidentiality policy code of ethics and follow all policies and procedures relative to Consumer Compliance laws and regulations and best practice recommendations.

Provide training and guidance to branch and corporate teams on BSA related subjects.

Attend applicable regulatory training webinars and read periodicals to maintain a current thorough understanding of money laundering and terrorist financing issues including policies procedures regulations industry best practices criminal activity and developing trends.

Additional duties as assigned.

KNOWLEDGE SKILLS and ABILITIES

The requirements listed are representative of the knowledge skills and / or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.

Experience

Education

Licenses Certifications Registrations

Managerial Responsibility

Computer / Office Equipment Skills

Language Skills

Other Skills and Abilities

PHYSICAL ABILITIES / WORKING CONDITIONS

Physical Demands

Ability to sit talk and hear consistently

Ability to stand walk and use hands to handle or reach occasionally

Vision Requirements

Close vision (clear vision at 20 inches or less)

Distance vision (clear vision at 20 feet or more)

Weight Lifted or Force Exerted

Ability to lift up to 10 pounds occasionally

Environmental

There are no unusual environmental factors (such as a typical office)

Noise Environment

Moderate noise (business office with computers and printers light traffic)

Mountain America Credit Union is an EEO / AA / ADA / Veterans employer.

Key Skills

Epidemiology,Public Health,Bank Secrecy Act,Bioinformatics,Fraud,Genetics,Interviewing,Law Enforcement,Qualitative Research Interviewing,Research Experience,Next Generation Sequencing,Writing Skills

Employment Type : Full-Time

Experience : years

Vacancy : 1