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Teachers Federal Credit Union

Senior BSA\ AML Analyst

Teachers Federal Credit Union, West Islip, New York, United States

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Join Our Team

For over 70 years, Teachers Federal Credit Union has been committed to guiding members toward building a strong financial foundation today for a better tomorrow. Recognized by Forbes Magazine as one of America’s Best-In-State Credit Unions in 2025, Teachers has grown into one of the nation’s leading credit unions. As we expand our reach across the country, we remain focused on being both a Best Place to Bank and a Best Place to Work. From part-time roles to executive leadership positions, Teachers offers a wide range of meaningful career opportunities.

Summary

The Senior BSA Analyst is responsible for ensuring the credit union’s compliance with

The Bank Secrecy Act, and Anti-Money Laundering (AML) regulations, and other related regulatory requirements.

Education And/or Experience

Bachelor’s degree or a minimum of eight years directly related experience required Minimum five years of BSA/AML experience required Experience reviewing AML & OFAC alerts, investigating cases, and developing recommendations required Excellent working knowledge of the Bank Secrecy Act, the USA Patriot Act, Office of Foreign Asset Control required Financial crimes certification required (e.g., ACAMS, CAFP, ACSS, etc.) Research skills, including conducting open source/internet research using a variety of sites and methods required Excel, Word, PowerPoint and project-related tools Core customer information system experience (Fiserv/DNA) and WirExchange or similar required Strong analytical and critical thinking skills Ability to multi-task and work in a fast-paced, ever-changing environment

Job Responsibilities

Conducts and oversees complex investigations of suspicious activity, including preparation and filing of Suspicious Activity Reports Conducts AML case investigations, SAR writing and filing, AML and OFAC alerts clearing, and CTR processing. Conducts complex case reviews for subpoenas and unusual activity referrals Presents case findings and provides recommendations and prepares SAR narratives for FinCEN filing Monitors accounts and researches complex transactions for indicators of unusual or suspicious activity Leverages understanding of suspicious activity scenarios and automated alert and case management systems to complete alert and case investigation Escalates potentially unusual or suspicious activity, or potential OFAC/sanctions issues Provides subject matter expertise and guidance to business and operations teams on BSA/AML and OFAC policies and procedures Acts as a subject matter expert and mentor to junior analysts, and works closely with internal departments to ensure the CU maintains a strong culture of compliance Supports quality assurance activities, including remediating identified gaps, developing training and guidance, and other actions as needed to improve quality of alert and case products. Complies with 314(a) and 314(b) (PATRIOT Act) information sharing responsibilities and responds to subpoena and law enforcement inquiries Reviews customer accounts to comply with CDD/EDD program requirements Identifies and reports on changing trends in anti-money laundering, staying informed on industry best practices, emerging risks, and changes to applicable BSA/AML and banking regulations. Prepares, reviews and submits Currency Transaction Reports (CTRs) including performing secondary reviews to ensure completeness, accuracy and timely submission Reviews OFAC alerts and cases, applying understanding of sanctions regulations and reporting requirements, and escalating for action Performs other duties as assigned

Benefits Of Joining The Teachers Team

We provide a competitive compensation and benefits package that includes, but is not limited to:

Paid time off for vacation, personal days, and holidays Fully-funded pension plan 401(k) company contribution Teachers pays 100% of Dental & Vision premium Tuition reimbursement is offered to full-time employees Exclusive employee discount of 0.96% APR on credit card loans and a 1.00% APR on all other loans through Teachers

The good faith range for this position is $35.30 - $42.50 an hour. This range is an estimate, based on potential employee qualifications and operational needs. The salary may vary above and below the stated amounts, as permitted by applicable law.

All candidates will be subject to a background check, credit check, and drug test to determine employment eligibility.To learn more about Teachers and to view a full list of our job opportunities please visit https://www.teachersfcu.org/about/careers

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Seniority level

Seniority level Mid-Senior level Employment type

Employment type Full-time Job function

Job function Business Development and Sales Industries Banking Referrals increase your chances of interviewing at Teachers Federal Credit Union by 2x Inferred from the description for this job

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