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SkyOne Federal Credit Union · 1 day ago

BSA Investigator

Hawthorne, CA

Full-time

Onsite

Mid, Senior Level

$82K/yr - $95K/yr

5+ years exp

SkyOne Federal Credit Union is dedicated to delivering meaningful financial solutions to its members. The BSA Investigator will play a crucial role in developing and maintaining the Bank Secrecy Act and Anti-Money Laundering Program, ensuring compliance with federal regulations and internal policies while conducting thorough investigations of alerts and cases.

BankingFinancial Services

Hiring Manager

Ingrid A.

Responsibilities

Develop and maintain the comprehensive Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) Program

Ensure compliance standards meet federal regulations and internal policies by overseeing transaction monitoring, Know Your Customer (KYC) initiatives, and the Customer Identification Program (CIP)

Conduct thorough investigations of alerts and cases, performing Enhanced Due Diligence (EDD) reviews for high and moderate-risk members

Assess and evaluate risk associated with members and transactions

Tackle complex investigations and originate Suspicious Activity Reports (SARs)

Adapt procedures in response to evolving regulations

Act as a vital link between the Credit Union, external audit firms, and regulatory agencies

Qualification

BSA/AML CertificationBSA monitoring systemsAnalytical skillsRegulatory knowledgeDetail orientationCommunication skillsPC skillsLeadership skillsProject managementInterpersonal skills

Required

Minimum five years of related experience of financial experience: working in financial industry operations, financial crimes

Minimum three years of BSA and financial crime investigations experience

Possess BSA/AML Certification or agree to obtain this certification

High-Level knowledge of the Bank Secrecy Act, USA Patriot Act, OFAC and Sanctions compliance, and industry best practices

High-Level knowledge of The Cannabis Control Act, Cannabis Regulation Act and Compassionate Use Act

High-level analytical skills to produce and follow leads, develop complete and thorough pictures of suspicious activity and identify new trends in fraudulent behavior

Excellent verbal and written communication skills to document all aspects of the BSA/AML program and related filings, e.g., memos, SAR narratives

Strong detail orientation and organizational skills

Strong, proficient, and extensive knowledge of BSA monitoring systems (Verafin, Bam+, etc.) and Cannabis seed to sale monitoring systems

Capacity to learn technical subject areas

Ability to handle multiple tasks/projects at one time

Ability to work independently with minor supervision

Strong and proficient PC skills and have extensive knowledge of MS Office (Word, Excel, Outlook)

Excellent interpersonal skills required

Must be able to quickly process information to make informed decisions

A high degree of confidentiality

Lead/Supervisory skills