BSA/AML Specialist (Hybrid) at Georgia… · Duluth

Summary: Georgia United Credit Union is a financial institution focused on protecting its members from financial crimes. The BSA/AML Specialist is responsible for maintaining best practices to guard against fraud, conducting investigations, and assisting team members with BSA-related issues. Responsibilities: - Follows-up and works in conjunction with team members to resolve any irregularities that come from newly opened accounts identified through internal systems. Utilizes internal/external resources to investigate and analyze potential fraudulent or suspicious activity. Conducts investigations as a result of accounts identified through analysis or in response to reports of unusual activity - Regularly runs OFAC and 314a checks, researching any and all matches - Answers calls received through the risk management department’s phone system and assists, or reviews, as necessary - Assists team members with researching member accounts (account reviews, CIP, Wire Review, etc.) when questions arise (based on red flags) - Assists BSA Team with BSA/AML/Fraud/ OFAC alerts to case workflow - Reviews accounts for potential illicit activity based on scope of normal account activity in order to triage alerts before moving the case to a specific queue in the AI system - Conducts phone interviews and obtains information related to account activity as needed from both team members and credit union members alike - Recommends a course of action to BSA Office, based on findings from the BSA/ AML/ Fraud/ OFAC alert triage process - Presents potential SAR cases to BSA Officer; recommends File/Do Not File decisions based on analysis performed - Prepares SAR forms and composes written narratives with supervision, or instructions, of BSA/AML Analyst or BSA Officer. Performs end- to-end investigations from alert to SARs filing - Prepares accurate and efficient processing of Currency Transaction Reports (CTRS) with supervision, or instructions, of the BSA/AML Analyst or BSA Officer - Performs accurate review of BSA/AML/ Fraud/ OFAC alerts with appropriate written decisioning - Conducts risk-based analysis/review of member files with certain BSA/AML risk attributes, such as presence of politically exposed persons, exposure to sensitive or sanctioned jurisdictions, usage of higher risk products, etc - Assists BSA Team in conducting training classes (BSA/AML/ OFAC) to help educate team members of BSA regulatory requirements - Performs other BSA /AML/ OFAC duties, working closely with the Bank's BSA Officer and Compliance team, as assigned - Stays informed of developments in the fraud/BSA field affecting Credit Union operations. Completes projects as assigned - Promotes and establishes strong, positive and productive working relationships within the organization through commitment to the company’s purpose, mission and core values Required Qualifications: - Responsible for maintaining and promoting best practices to guard the credit union against financial crimes, including elder abuse and fraud - Reviews and reports suspicious activity and other required BSA reporting as applicable - Mitigates fraud across all avenues of the credit union, reporting of CTRs and SARs, alert triage and collects documents for cases - Assists business units with fraud and BSA related issues as needed - Displaying confidentiality in all aspects of the job function is of the utmost priority due to the sensitive nature of the position - Follows-up and works in conjunction with team members to resolve any irregularities that come from newly opened accounts identified through internal systems - Utilizes internal/external resources to investigate and analyze potential fraudulent or suspicious activity - Conducts investigations as a result of accounts identified through analysis or in response to reports of unusual activity - Regularly runs OFAC and 314a checks, researching any and all matches - Answers calls received through the risk management department's phone system and assists, or reviews, as necessary - Assists team members with researching member accounts (account reviews, CIP, Wire Review, etc.) when questions arise (based on red flags) - Assists BSA Team with BSA/AML/Fraud/ OFAC alerts to case workflow - Reviews accounts for potential illicit activity based on scope of normal account activity in order to triage alerts before moving the case to a specific queue in the AI system - Conducts phone interviews and obtains information related to account activity as needed from both team members and credit union members alike - Recommends a course of action to BSA Office, based on findings from the BSA/ AML/ Fraud/ OFAC alert triage process - Presents potential SAR cases to BSA Officer; recommends File/Do Not File decisions based on analysis performed - Prepares SAR forms and composes written narratives with supervision, or instructions, of BSA/AML Analyst or BSA Officer - Performs end-to-end investigations from alert to SARs filing - Prepares accurate and efficient processing of Currency Transaction Reports (CTRS) with supervision, or instructions, of the BSA/AML Analyst or BSA Officer - Performs accurate review of BSA/AML/ Fraud/ OFAC alerts with appropriate written decisioning - Conducts risk-based analysis/review of member files with certain BSA/AML risk attributes, such as presence of politically exposed persons, exposure to sensitive or sanctioned jurisdictions, usage of higher risk products, etc - Assists BSA Team in conducting training classes (BSA/AML/ OFAC) to help educate team members of BSA regulatory requirements - Performs other BSA /AML/ OFAC duties, working closely with the Bank's BSA Officer and Compliance team, as assigned - Stays informed of developments in the fraud/BSA field affecting Credit Union operations - Completes projects as assigned - Promotes and establishes strong, positive and productive working relationships within the organization through commitment to the company's purpose, mission and core values Required Skills: BSA Reporting, AML, Fraud Detection, OFAC Screening, Currency Transaction Reports (CTRs), Suspicious Activity Reports (SARs), Risk-Based Analysis, Politically Exposed Persons (PEP) Screening, Sanctions Compliance