BSA & QC Specialist, American Spirit Federal Credit Union, Newark, DE

Responsible for assisting BSA Officer to ensure all banking activities are performed in compliance with all provisions of the Bank Secrecy Act (BSA), Office of Foreign Assets Control (OFAC), and USA PATRIOT Act. Review documents, systems, and files for all products and services to ensure proper recording, regulatory compliance, and effective processing. Secondary Function: Assist with Enterprise Risk Management Program by performing risk assessments, reviewing credit union procedures, and recommending changes to ensure safety and soundness. Responsibilities To assist the BSA, Anti-Money Laundering (AML), and OFAC Officer and ensure the accurate and timely filing of reports, such as Currency Transaction Reports and Suspicious Activity Reports (SARs). Ensure that all AML alerts are reviewed on a daily basis. Research and respond to escalated AML alerts and suspicious circumstances identified by the frontline or other staff. Create cases and file SARs as appropriate. Assist with the Money Service Business Account program for the credit union. Use best practices developed from the FinCEN guidance and other resources on the subject to ensure that American Spirit follows governmental guidance on the issue. Assist in Vendor Management Program and Disaster Recovery/Business Continuity Program. Assist in the physical security of the credit union, Including procedures for keys, alarm codes, combinations, and other security, access and monitoring devices and procedures. Prepare quality control reports that summarize work performed. Clearly document all exceptions. Perform quality assurance reviews of documents that have been imaged by others (including, but not limited to, loan documentation, collection information, and signature cards), ensuring completeness, accuracy and legibility of documentation and scanned images. Work with outside audit firms, to coordinate the credit union’s audit and risk programs. Requirements/Skills Needed Ability to understand and follow complex written and oral instructions. Ability to comprehend complex functions and procedures and to be able to disseminate that knowledge in a clear, concise, and understandable format to others. Ability to prepare and maintain confidential records and reports. Ability to gather, assemble, correlate, and analyze facts and develop solutions. Ability to analyze statistics and financial data. Ability to effectively review documents. Ability to assess needs of multiple members and prioritize requests to ensure that all members receive the highest quality service possible. Ability to handle daily routine with moderate freedom to interpret and act upon various situations. Ability to work within precise standardized guidelines with some latitude to make decisions and take initiative to resolve problems or unique circumstances. Ability to express oneself clearly and concisely, both orally and in writing. Ability to perform necessary computer related input. High school diploma or GED and/or some related college course work. One year of similar or related work experience in a credit union or financial institution preferred. Bank Secrecy Act experience preferred. #J-18808-Ljbffr Cooperative Credit Union Association