Teachers Federal Credit Union
BSA Analyst II
Join Teachers Federal Credit Union as a BSA Analyst II. The role is onsite Monday through Friday at our Hauppauge, NY headquarters.
Job Summary The BSA Analyst II is responsible for supporting key functions of the BSA/AML & OFAC compliance, including BSA/AML transaction monitoring, AML case investigations, AML and OFAC alerts clearing, SAR writing and filing, CTR processing, and other compliance program functions.
Education and Experience
Bachelor’s degree or a minimum of eight years directly related experience required.
Minimum three years of BSA/AML experience required, with experience reviewing AML & OFAC alerts, investigating cases, and developing recommendations.
Working knowledge of the Bank Secrecy Act, the USA Patriot Act, Office of Foreign Assets Control.
Financial crimes certifications or ability to complete certification within the first year of employment (e.g., ACAMS, CAFP, ACSS).
Proficiency in Excel, Word, PowerPoint and project‑related tools (SmartSheet).
Verafin preferred.
Core customer information system experience (Fiserv/DNA) preferred.
WirExchange experience preferred.
Skills
Strong analytical and critical thinking skills.
Ability to multi‑task and work in a fast‑paced, ever‑changing environment.
Research skills, including conducting open source/internet research.
Control regulations, strategies and federal regulatory enforcement policies.
Job Responsibilities
Conduct complex case and Continuing Activity Reviews, completing SARs and presenting at the SAR Committee.
Compile information and statistics for reports.
Prepare, review and submit Currency Transaction Reports (CTRs) within required timeframes.
Escalate potentially unusual or suspicious activity, or potential OFAC/sanctions issues.
Provide subject matter expertise and guidance to business and operations teams on BSA/AML and OFAC policies.
Monitor accounts and research complex transactions for indicators of unusual activity.
Leverage understanding of suspicious activity scenarios and automated alert and case management systems to investigate alerts and cases.
Participate in SAR Committee discussions and prepare SAR narratives for filing.
Support quality assurance activities, including remediating gaps, developing training, and improving alert and case products.
Research, resolve and conduct AML investigations on alerts.
Review OFAC alerts and cases, apply sanctions regulations and reporting requirements, and escalating for action.
Support compliance with 314(a) and 314(b) information sharing responsibilities and respond to subpoenas and law enforcement inquiries.
Support reviews of customer accounts to comply with CDD/EDD program requirements.
Identify and report on changing trends in AML, staying informed on industry best practices and regulatory changes.
Perform other duties as assigned.
Benefits
Paid time off for vacation, personal days, and holidays.
Fully‑funded pension plan.
401(k) company contribution.
Teachers pays 100% of dental and vision premiums.
Tuition reimbursement offered to full‑time employees.
Exclusive employee discount with APR on credit card loans and other loans through Teachers.
Salary range: $32.05 to $38.42 per hour (good faith range). Salary may vary above and below this range, 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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Job Summary The BSA Analyst II is responsible for supporting key functions of the BSA/AML & OFAC compliance, including BSA/AML transaction monitoring, AML case investigations, AML and OFAC alerts clearing, SAR writing and filing, CTR processing, and other compliance program functions.
Education and Experience
Bachelor’s degree or a minimum of eight years directly related experience required.
Minimum three years of BSA/AML experience required, with experience reviewing AML & OFAC alerts, investigating cases, and developing recommendations.
Working knowledge of the Bank Secrecy Act, the USA Patriot Act, Office of Foreign Assets Control.
Financial crimes certifications or ability to complete certification within the first year of employment (e.g., ACAMS, CAFP, ACSS).
Proficiency in Excel, Word, PowerPoint and project‑related tools (SmartSheet).
Verafin preferred.
Core customer information system experience (Fiserv/DNA) preferred.
WirExchange experience preferred.
Skills
Strong analytical and critical thinking skills.
Ability to multi‑task and work in a fast‑paced, ever‑changing environment.
Research skills, including conducting open source/internet research.
Control regulations, strategies and federal regulatory enforcement policies.
Job Responsibilities
Conduct complex case and Continuing Activity Reviews, completing SARs and presenting at the SAR Committee.
Compile information and statistics for reports.
Prepare, review and submit Currency Transaction Reports (CTRs) within required timeframes.
Escalate potentially unusual or suspicious activity, or potential OFAC/sanctions issues.
Provide subject matter expertise and guidance to business and operations teams on BSA/AML and OFAC policies.
Monitor accounts and research complex transactions for indicators of unusual activity.
Leverage understanding of suspicious activity scenarios and automated alert and case management systems to investigate alerts and cases.
Participate in SAR Committee discussions and prepare SAR narratives for filing.
Support quality assurance activities, including remediating gaps, developing training, and improving alert and case products.
Research, resolve and conduct AML investigations on alerts.
Review OFAC alerts and cases, apply sanctions regulations and reporting requirements, and escalating for action.
Support compliance with 314(a) and 314(b) information sharing responsibilities and respond to subpoenas and law enforcement inquiries.
Support reviews of customer accounts to comply with CDD/EDD program requirements.
Identify and report on changing trends in AML, staying informed on industry best practices and regulatory changes.
Perform other duties as assigned.
Benefits
Paid time off for vacation, personal days, and holidays.
Fully‑funded pension plan.
401(k) company contribution.
Teachers pays 100% of dental and vision premiums.
Tuition reimbursement offered to full‑time employees.
Exclusive employee discount with APR on credit card loans and other loans through Teachers.
Salary range: $32.05 to $38.42 per hour (good faith range). Salary may vary above and below this range, 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.
#J-18808-Ljbffr