Keesler Federal Credit Union
Bank Secrecy Act Analyst I Gulfport 5019
Keesler Federal Credit Union, Gulfport, Mississippi, United States, 39500
Overview
Your Payroll and Benefits team is ready to provide support with salary questions. Job Title: BSA Analyst I Department: Financial Crimes Reports to: Financial Crimes Team Lead FLSA: Non-Exempt
Job Summary
Ensures compliance with the Bank Secrecy Act (BSA) and anti-money laundering (AML) regulations. This position involves advanced analysis and monitoring of financial transactions to detect and report suspicious activities, helping to safeguard the organization against financial crimes.
Responsibilities
Review and analyze member transactions and account activity for signs of suspicious or potentially fraudulent activity in accordance with BSA/AML regulations, CTRs, BSA Alerts, and Watchlist; make decisions on appropriate actions for further investigation.
Conduct comprehensive CDD investigations to assess risk for new and existing members, including identifying politically exposed persons (PEPs) and high-risk customers.
Coordinate and participate in data extraction, analysis, and preparation of OFAC and SDN contents updates for Credit Union watch-lists.
Review and analyze OFAC/PEP-related requests and respond in a timely fashion.
Detect potential screening gaps for businesses reviewing their respective screening configurations.
Utilize analytical tools and software to identify patterns, trends, and anomalies in financial data that may indicate potential financial crimes.
Maintain detailed records/notes of investigations, findings, and actions taken, ensuring compliance with record-keeping requirements within the operating system.
Collaborate with other departments (Compliance, Fraud, Retail Support, etc.) as needed.
Stay updated on relevant BSA/AML laws, regulations, and industry best practices; provide training to colleagues as needed.
Ensure compliance with all Federal regulations including BSA and OFAC.
Other Duties
Assist in maintaining productive and high-quality member service.
Maintain knowledge of fraud trends and new detection techniques.
Other duties as may be assigned.
Knowledge & Skills To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skills and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education
A high school education or GED required.
Experience and Other Requirements
Two or more years of financial institution experience preferred.
Knowledge of BSA, AML, and USA PATRIOT Act regulations.
Strong analytical skills and attention to detail.
Excellent interpersonal, written, and verbal communication skills.
Accuracy and attention to detail required.
Ability to prioritize tasks and handle multiple projects simultaneously.
Strong organization skills; able to make informed decisions with good judgment.
Weekend and after-hours work may be required.
Certification with CUNA- BSACS must be completed within one year of obtaining the position.
Interpersonal & Computer Skills
Interpersonal: Courtesy, tact, and diplomacy; strong stakeholder engagement.
Computer: Experience with PC word processing and spreadsheet software; experience with Symitar and Verafin preferred.
Certificates, Licenses and Registrations None
Physical Demands The physical demands described here are representative of those that must be met by an individual to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The role requires regular sitting, with occasional standing, walking, speaking, hearing, and use of hands; may lift up to 10 pounds.
Work Environment Extensive use of desktop computer and telephone in a normal office environment. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Declaration The Human Resources Department retains the sole rights and discretion to make changes to this job description. Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities. This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
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Your Payroll and Benefits team is ready to provide support with salary questions. Job Title: BSA Analyst I Department: Financial Crimes Reports to: Financial Crimes Team Lead FLSA: Non-Exempt
Job Summary
Ensures compliance with the Bank Secrecy Act (BSA) and anti-money laundering (AML) regulations. This position involves advanced analysis and monitoring of financial transactions to detect and report suspicious activities, helping to safeguard the organization against financial crimes.
Responsibilities
Review and analyze member transactions and account activity for signs of suspicious or potentially fraudulent activity in accordance with BSA/AML regulations, CTRs, BSA Alerts, and Watchlist; make decisions on appropriate actions for further investigation.
Conduct comprehensive CDD investigations to assess risk for new and existing members, including identifying politically exposed persons (PEPs) and high-risk customers.
Coordinate and participate in data extraction, analysis, and preparation of OFAC and SDN contents updates for Credit Union watch-lists.
Review and analyze OFAC/PEP-related requests and respond in a timely fashion.
Detect potential screening gaps for businesses reviewing their respective screening configurations.
Utilize analytical tools and software to identify patterns, trends, and anomalies in financial data that may indicate potential financial crimes.
Maintain detailed records/notes of investigations, findings, and actions taken, ensuring compliance with record-keeping requirements within the operating system.
Collaborate with other departments (Compliance, Fraud, Retail Support, etc.) as needed.
Stay updated on relevant BSA/AML laws, regulations, and industry best practices; provide training to colleagues as needed.
Ensure compliance with all Federal regulations including BSA and OFAC.
Other Duties
Assist in maintaining productive and high-quality member service.
Maintain knowledge of fraud trends and new detection techniques.
Other duties as may be assigned.
Knowledge & Skills To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skills and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education
A high school education or GED required.
Experience and Other Requirements
Two or more years of financial institution experience preferred.
Knowledge of BSA, AML, and USA PATRIOT Act regulations.
Strong analytical skills and attention to detail.
Excellent interpersonal, written, and verbal communication skills.
Accuracy and attention to detail required.
Ability to prioritize tasks and handle multiple projects simultaneously.
Strong organization skills; able to make informed decisions with good judgment.
Weekend and after-hours work may be required.
Certification with CUNA- BSACS must be completed within one year of obtaining the position.
Interpersonal & Computer Skills
Interpersonal: Courtesy, tact, and diplomacy; strong stakeholder engagement.
Computer: Experience with PC word processing and spreadsheet software; experience with Symitar and Verafin preferred.
Certificates, Licenses and Registrations None
Physical Demands The physical demands described here are representative of those that must be met by an individual to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The role requires regular sitting, with occasional standing, walking, speaking, hearing, and use of hands; may lift up to 10 pounds.
Work Environment Extensive use of desktop computer and telephone in a normal office environment. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Declaration The Human Resources Department retains the sole rights and discretion to make changes to this job description. Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities. This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
#J-18808-Ljbffr