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Security Service Federal Credit Union · 2 hours ago

Remote AML Compliance Analyst

United States

Full-time

Remote

Entry, Mid Level

2+ years exp

Security Service Federal Credit Union is focused on ensuring compliance with the Bank Secrecy Act and Anti-Money Laundering regulations. The AML Compliance Analyst will analyze transactional data for irregular activities, conduct reviews, investigate alerts, and escalate findings to management while ensuring adherence to regulatory requirements.

Financial Services

Growth Opportunities

Responsibilities

Ensures adherence to the credit union's Bank Secrecy Act/Anti-Money Laundering program

Performs analysis on transactional data to make determinations of irregular activity through understanding of industry norms, historical member activity and regulatory definitions of suspicious activity

Conducts periodic account/member reviews to detect potentially suspicious activity while documenting steps taken through the investigation process within the centralized case management system

Identify anomalies as they relate to AML initiatives, AML/BSA regulations, and industry best practices, escalates findings to AML management

Investigates system generated AML alerts to determine regulatory filing requirements for suspicious activity or large cash transactions through internal transactions, business unit follow-up and where necessary, information sharing (314b) requests with other financial institutions

Completes any other job-related duties needed to help drive to our Vision, fulfill our Purpose, and abide by our Organization’s Values

Qualification

AML/BSA/OFAC monitoringAML software experienceKYCCIP regulationsVerafin AML applicationFinancial crimes knowledgeTeam collaborationOrganizational skillsInterpersonal skillsWork under pressure

Required

Bachelor's degree in business administration or equivalent education and/or experience

Minimum of two (2) years of AML/BSA/OFAC monitoring and filings with an aggregation AML software experience

Knowledge of financial products and services

Sound knowledge of regulations as applied to KYC, CIP, Anti-Money Laundering, and the Bank Secrecy Act requirements with emphasis on transaction monitoring

Strong understanding of financial crimes and common money laundering typologies

Ability to work effectively as part of a team and independently, as necessary

Preferred

Verafin AML application experience

An extremely elevated level of accuracy in reviewing documentation to recognize irregular or suspicious transactions, take appropriate steps and/or notify AML Management

Excellent organizational skills as well as interpersonal skills to effectively communicate with others

Ability to work under pressure, demonstrate a willingness to learn, and exhibit professional maturity