Back to search
SUMMARY/OBJECTIVE:
 Serve as the Credit Union’s primary reference point for compliance information, questions, issues, and reporting. Subject matter expert for the Credit Union on all compliance-related issues.  DUTIES & RESPONSIBILITIES:
 Duties and Responsibilities
    BSA/AML
- Transaction Monitoring: Review daily alerts and reports for suspicious financial activity or unusual customer behavior.
- Investigation: Conduct thorough investigations by analyzing account histories, transaction patterns, and supporting documents.
- Reporting: Draft and file Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs) accurately and on time.
- Risk Assessment: Assess customer risk ratings and recommend account retention, restriction, or closure when necessary.
Vendor Management
- Compliance Updates: Stay current with federal banking regulations, anti-money laundering (AML) laws, and internal company policies.
- Lifecycle Management: Oversee vendor onboarding, due diligence, ongoing performance monitoring, and exit planning.Â
- Cross-Functional Collaboration: Coordinate with IT, legal, finance, and security departments to maintain proper governance.Â
- Reporting and Metrics: Establish key performance indicators (KPIs) and maintain centralized inventories or dashboards tracking vendor performance.
Process and Procedures
- Responsible for documenting procedures within the line of business.Â
 SKILLS & COMPETENCIES:
Â
- Strong analytical and evaluative skills
- Ability to successfully communicate and build positive working relationships at all levels of the organization
- Ability to communicate clearly, accurately and concisely in written and verbal form
- Strong PC Skills, including Microsoft Office suite (with particular emphasis on Excel, Word, and Power Point). Experience with Symitar a plus.
- Experience with Verafin a plus.
 QUALIFICATIONS/EDUCATION:
Â
- 5 years’ experience in financial institutions
- High school or equivalent required, college degree preferred
- Experience in regulatory compliance
- Thorough knowledge of the Bank Secrecy Act (BSA)
- Strong technical research and writing skills
- A personal smartphone with the capability of uploading the latest operating versions of IOS or Android, is required
 OTHER DUTIES:
Â
- Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
- Must comply with applicable policies, laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.
- Employees of On Tap Credit Union are responsible for maintaining the trust of our members, partners, and regulators through the safekeeping of member, Credit Union, and employee information assets. To this end, each employee is responsible for understanding and adhering to On Tap Credit Union’s Information Security Policy and Program as the same relates to their role and work. These duties vary by position and additional duties related to information security and/or participation in committees related to information security may be assigned from time to time.
Learn more about this Employer on their Career Site
