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FourLeaf Federal Credit Union · 9 hours ago

BSA/AML Case Analyst

Bethpage, New York, United States

Full-time

Hybrid

Mid Level

$31.93/hr - $38.32/hr

3+ years exp

FourLeaf Federal Credit Union is committed to the financial well-being of its members and is seeking a BSA/AML Case Analyst. This role involves conducting mid-risk investigations, writing Suspicious Activity Reports, and collaborating with various business lines to ensure compliance with BSA/AML regulations.

BankingCommunitiesFinanceFinancial ServicesInsuranceLendingMortgage

Responsibilities

Investigate Tier 1 alerts and manual referrals using Verafin’s BSA/AML monitoring system, incorporating internet research, database queries, negative media screening, and internal system reviews

Determine whether identified activity is suspicious, and if so, assess the level of BSA/AML risk. Provide recommendations to management on whether activity should be escalated for law enforcement referral or reviewed for potential account closure

Coordinate with various business lines including Retail Banking, Business Banking, Fraud, Legal, and Regulatory Compliance, to gather supporting information and properly disposition cases

Issue Requests for Information (RFIs) to internal business partners in Retail Banking, to validate or substantiate member activity

Write and submit Suspicious Activity Reports (SARs) and Continuing Activity SARs within Verafin, ensuring accuracy and compliance with FinCEN requirements and internal deadlines

Escalate any high-risk cases (e.g., terrorism, human trafficking, negative media, employee account concerns) immediately to the BSA/AML Compliance Officer or Assistant Manager BSA/AML High Risk Operations

Assist in processing 314(a) and 314(b) information-sharing requests in accordance with FinCEN guidelines, including validating request legitimacy and documenting all shared information

Provide subject matter expertise and training support to junior analysts, specialists, or contractors

Stay current on regulatory developments and participate in ongoing BSA/AML training. Support the BSA/AML Compliance Officer in ensuring FourLeaf’s compliance and reducing risk exposure

Perform additional duties or special projects as assigned by management in support of the BSA/AML program and broader compliance functions

Qualification

BSA/AML experienceSAR writingVerafinCAMS certificationFinancial crime complianceForensic accountingFraud investigationRegulatory compliance

Required

3+ Years of experience working in a relevant field (i.e. BSA/AML, law enforcement, fraud, forensic accounting, or financial crime compliance) required

At least 1 year of previous SAR writing experience required

CAMS or qualified to apply and obtain CAMS certification within 6 months