BSA Analyst

Job Description

Job Description

  BSA Analyst

Job Description

At Tech Credit Union, we are committed to serving our members with integrity, accountability, and excellence. We take pride in fostering a collaborative and supportive workplace where employees are empowered to grow and make a meaningful impact on the communities we serve.

This position is in our Corporate Office - Crown Point, IN

SUMMARY:

The BSA Analyst is responsible for supporting the Credit Union's BSA/AML, OFAC, and USA PATRIOT Act compliance program by monitoring transactions, investigating potentially suspicious activity, conducting CDD and EDD reviews, reviewing OFAC alerts, and assisting with required regulatory reporting. This position applies strong analytical, research, and investigative skills to identify and mitigate financial crime risks, ensure compliance with applicable laws and regulations, and strengthen the Credit Union's overall BSA/AML controls and processes.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Perform Bank Secrecy Act (BSA), Office of Foreign Assets Control (OFAC), Anti-Money Laundering (AML), and USA PATRIOT Act functions in accordance with applicable regulations and internal policies.
• Independently perform and oversee complex transaction monitoring, conduct in-depth investigations of suspicious activity, and ensure timely and accurate filing of required regulatory reports, including Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs).
• Perform OFAC monitoring by reviewing alerts, analyzing potential matches, and clearing false positives in accordance with established procedures and escalation requirements.
• Complete FinCEN 314(a) reviews and support lawful law enforcement requests through appropriate searches, documentation, and escalation of findings.

QUALIFICATIONS:

• High school diploma or equivalent required; associate degree or bachelor’s degree in business, finance, accounting, criminal justice, or a related field preferred.
• Minimum of 1–3 years of experience in BSA/AML compliance, fraud monitoring, investigations, or financial institution operations preferred.
• Understanding of Customer Identification Program (CIP), Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD) requirements.
  
  
  

KNOWLEDGE, SKILLS, AND ABILITIES

• Working knowledge of BSA/AML, OFAC, USA PATRIOT Act, CIP, CDD, EDD, SARs, and CTRs required
• Experience with Verafin or a similar BSA/AML monitoring system preferred.

ADDITIONAL SKILLS AND COMPETENCIES

• Excellent written and verbal communication skills.
• Strong organizational skills with the ability to manage multiple priorities in a fast-paced, deadline-driven environment.
• Ability to work independently with a high level of initiative.
• Professional communication skills for collaborating with staff and internal stakeholders.
• Team-oriented mindset with a commitment to learning and continuous improvement.

Equal Opportunity Employer, including disability/veteran.