BSA AML Specialist, Full-Time, Hybrid Marlborough MA

Schedule

Monday - Friday 8:00 am-5:00p pm

What You'll Do

Summary/Objective:

The BSA/AML Specialist is an entry level position primarily responsible to assist and support the Bank Secrecy Act program at DCU by performing analysis of financial transactions to identify unusual activity, filing SARs and CTRs to FinCEN as warranted, ensuring CIP is collected by reviewing new personal memberships, and reviewing alerts generated by OFAC scans of individuals and legal entities.

Essential Functions:

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

* Analyze and review potential OFAC matches.
* Perform reviews for OFAC scans for shared branch members purchasing negotiables, non-members cashing (items such as a DCU on-us check, Visa cash advance, savings bonds etc.), Treasurer's check payees and Consumer Loan applications.
* Maintain CIP and perform regular reviews to ensure all-staff compliance as applies to natural person, sole proprietorship, and specialty memberships.
* Analyze anti-money laundering application alerts, internally developed reports and logs, opening cases, and ensuring Suspicious Activity Reports (SARs) are filed when appropriate.
* Analyze daily SMURF report and ensure accurate completion and timely filing of all Currency Transaction Reports (CTRs).
* Review monetary instrument logs for potential structuring.
* Perform ACH (keyword) review to help identify transactions possibly tied to inadmissible businesses/activity (e.g. Money Services Business, Internet Gambling, ATM/Debit Card Processors) and Reg GG violations.
* Respond to shared branching inquiries.
* Perform periodic review of high-risk accounts.
* Complete all required BSA-related training annually and maintain an ongoing, in-depth. knowledge of DCU's BSA policies and regulatory requirements.
* Cross-train on and support other BSA functions.
* Become proficient in the use of anti-money laundering and other BSA/AML vendor applications.
* Make outgoing calls and/or send letters to members as necessary. Take incoming calls from members, front-line, and back office staff.
* Perform other duties as assigned.

What You'll Need

• Two years-experience in BSA/AML related preferred or DCU employees with two years of Account Opening and OFAC scanning experience
• ACAMS or comparable certification (preferred)
• Excellent communication and presentation skills
• Proficient in use of Microsoft Office
• Excellent writing skills
• Ability to handle multiple priorities
• Excellent organizational skills with attention to detail

What We Do

DCU is the largest credit union headquartered in New England - serving more than one million members in all 50 states. With over 1,900 team members, we strive to make DCU a great place to work with an excellent work-life balance and a community that cares.

DCU is an equal-opportunity employer, and we value diversity, inclusion, and equity at our company. We evaluate qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.

If you're applying for a job and need a reasonable accommodation for any part of the employment process, please send an email to careers@dcu.org and let us know the nature of your request and contact information. Please note that only those inquiries concerning a request for reasonable accommodation will be responded to from this email address.

DCU is not currently offering Visa transfer/ sponsorship for this position.