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Orange County's Credit Union · 6 hours ago

BSA Supervisor & Regulatory Compliance

Santa Ana, CA

Full-time

Hybrid

Mid, Senior Level

$84K/yr - $105K/yr

5+ years exp

Orange County's Credit Union is a leading financial service provider with over 80 years of experience. The BSA Supervisor & Regulatory Compliance role involves overseeing compliance operations, supervising staff, and ensuring adherence to regulatory changes while promoting a culture of compliance within the organization.

BankingFinancial ServicesInsurance

Culture & Values

Responsibilities

Perform written performance evaluations of Compliance and BSA associates; evaluates work performance and regularly schedules reviews, recommend promotions, salary increases, and corrective action. Assist associates for growth potential through coaching, development planning, and training

Assists in key projects that drive internal and external process changes

Supervise daily operations of the Compliance and BSA/AML/OFAC programs. Serve as a working supervisor, performing all duties and tasks in a backup capacity. Relying on extensive experience and judgment to plan and accomplish goals; includes effective delegation to the associates

Assign duties and work schedules to ensure efficiency and proper coverage

Act as the escalation point of contact for Compliance and BSA issues, problems, and questions directly related to compliance and BSA. Assist members and staff with resolving difficult or complex issues with quick turnaround and accuracy

Perform routine service observations and provide feedback to staff members and update the department manager

Manage the department’s presence in the intranet, On-Line Tools, and credit union website to ensure accuracy and relevance

Regularly communicate with front line associates and other departments about compliance and BSA procedures, changes or other kinds of relevant updates as this information allows them to serve the members better when they understand what they are and why

Monitor and review member transactions for suspicious activity and ensure timely filing of Suspicious Activity Reports (SARs)

Assist in the development and maintenance of compliance policies, procedures, and risk assessments

Review disclosures, forms, marketing materials, and website content for regulatory compliance

Conduct internal compliance reviews and quality control; identify issues and recommend corrective actions

Maintain awareness of regulatory changes and assist in implementing necessary updates

Prepare and submit periodic reports to senior management and committees

Support vendor management activities related to compliance tools and services

Collaborate with auditors, examiners, and legal counsel during reviews and examinations

Promote a culture of compliance and risk awareness across the organization

Serve as secondary support for fraud prevention operations, which includes but is not limited to, reviewing reports, systems and correlating data to identify potentially fraudulent transactions, emerging threats and placing appropriate account restrictions or other to ensure the Credit Union’s loss is minimized

Foster a collaborative and respectful team environment aligned with the Credit Union’s values

Conducts special studies, collects a variety of data and information, analyzes and summarizes such information, makes recommendations and provides statistical reports

Acts as credit union liaison with members to respond and remedy issues (including contacting members to confirm the legitimacy of high-risk transactions); works cooperatively with other credit union departments to correct undesirable account conditions and assists in finding timely solutions to problems

Protects the confidentiality of all financial data relating to Credit Union operations and its members

Qualification

BSA/AML CertificationsCompliance KnowledgeRisk Management ToolsVerafin SystemSymitar SystemSupervisory ExperienceInvestigative SkillsAnalytical SkillsMicrosoft ProgramsCommunication Skills

Required

College degree in business, management or finance; or equivalent preferred

More than five years' experience within Compliance, Risk Analysis and Risk Management tools required

Minimum three years of supervisory experience

BSA/OFAC/AML Certifications such as CAMS (Certified Anti-money Laundering Specialist) required

Possesses strong knowledge of, and complies with, Regulations/Acts related to job functions, including but not limited to Bank Secrecy Act/Anti-Money Laundering/Countering the Financing of Terrorism/USA Patriot Act/Customer Identification Program/Office of Foreign Assets Control Policy, Regulations E, CC, GG, and V; the FCRA, FACT Act, NACHA and vendor Operating Rules

Specialization in credit union regulatory compliance and bank fraud prevention, detection, deterrence, and investigations

Strong investigative and analytics skills

Knowledge of financial Institutions anti-fraud processes and experience

Knowledge of credit union applicable rules and regulations, policies, and procedures

Excellent communication/influence skills both verbally and in writing and excellent telephone manner, with strong presentation skills to be able to produce reports, conduct presentations and group facilitations

Must have personal computer skills and be proficient with Microsoft programs at an intermediate skill level