Bank Secrecy Act Specialist

Join our Air Academy Credit Union team and you could be our members’ best ally! We’re seeking an experienced Bank Secrecy Act Specialist to ensure compliance with BSA/AML/OFAC regulations to prevent financial crimes such as money laundering and fraud. The Bank Secrecy Act Specialist is part of the Risk Management Team which plays a crucial role in maintaining compliance. 

Recognized as a Gazette Best Workplace since 2017, we’re committed to improving the lives of our members and communities by doing what is right, not what is easy. We want to exceed the expectations of anyone who comes our way by providing custom, caring financial solutions. With assets over $860 million and over 43,000 members, we walk alongside our members on their financial journey. Their goals are our goals and building stronger communities is what we do. Each year, AACU gives time, money, and resources to numerous community organizations, projects, and programs.

Summary

The purpose of the Bank Secrecy Act (BSA) Specialist is to perform daily compliance tasks, including researching and documenting investigations and preparing Suspicious Activity Reports (SARs) as required by regulation. They provide support to all business units and branch locations regarding BSA/AML/OFAC.

Job Responsibilities 

• Responsible for investigating and documenting suspicious transactions as required by the Bank Secrecy Act, preparing SARs, collaborating with other departments, and managing ongoing investigations for members with repeat SAR activity.
• Investigates alerts from the anti-money laundering monitoring system to determine if transactions are suspicious, documenting results for various types of fraud and compliance issues.
• Assist members who have experienced fraud by interviewing them, guiding them on resolution steps, and ensuring accounts are flagged to minimize losses.
• Performs quarterly reviews of High-Risk members for ongoing Customer Due Diligence Reviews generated by the BSA/AML monitoring system.

Job Requirements:

• High school diploma or equivalent.
• Two years in BSA/AML experience, specifically in Suspicious Activity Reports (SARs) required.
• Excellent communication and organizational skills.
• Strong attention to detail.
• Manage daily work and meet various deadlines.
• Typical work hours: Monday – Friday, 8 am – 5 pm.

Pay Scale:

$24.90 - $37.31/hour depending on experience.

We love our family-like culture here at AACU. Our full-time employees enjoy a great benefits package, including paid sick and vacation days, comprehensive medical, dental, and vision plans, along with an outstanding 401K plan. Additionally, full-time employees are eligible for our tuition reimbursement program after 90 days of employment and we’ll assist you with your professional goals. Join our team and be a part of a company whose members’ and employees’ dreams are our passion.

AACU is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, sex, sexual orientation, gender identity, gender expression, marital status, familial status, ancestry, national origin, disability, status as a protected veteran or any other status protected by local, state, or federal law. We perform pre-employment drug testing, consumer credit history checks and criminal background checks.