BSA / AML Due Diligence Analyst I, II, III, Sr

Primary Functions

The BSA/AML Due Diligence Analyst I is responsible for ensuring Global Federal Credit Union and its Credit union Service Organizations (CUSOs) remain fully compliant with the Bank Secrecy Act (BSA). Anti-Money Laundering (AML) regulations, the USA PATRIOT Act, and all related federal requirements. This role is pivotal in identifying, assessing, and mitigating financial crime risks throughout the customer lifecycle from onboarding through ongoing monitoring.

Duties And Responsibilities

• Review and analyze alerts and cases involving high-risk members and businesses.
• Conduct timely triage to assess risk relevance, escalate issues as needed, and ensure investigations are completed within compliance timeframes.
• Verify member documentation, including identification and transaction records.
• Confirm the Credit Union has sufficient information to establish account holder identity and evaluate risk profiles.
• Monitor new business accounts and verify beneficial owners of legal entity customers.
• Escalate discrepancies to appropriate business lines for prompt resolution.
• Conduct in-depth analysis of member profiles, business activities, and ownership structures.
• Absess risks related to sanctions, terrorist financing, and other financial crimes.
• Collaborate with member onboarding and internal stakeholders.
• Gather and clarify member information as part of Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) reviews.
• Perform required CDD/EDD on high-risk members.
• Use internal databases, public records, subscription services, transaction analysis, documentation review, and internet research to support investigations.
• Prepare detailed reports documenting investigative findings and recommendations.
• Draft and file Suspicious Activity Reports (SAR) with the Financial Crimes Enforcement Network (FinCEN) when warranted.
• Track case status in internal systems.
• Maintain accurate review dates and outstanding items related to member profiles, account activity, or documentation requests.
• Review and complete subpoenas and law enforcement document requests.
• Assess potential risks based on the nature of each request.
• Utilize credit union training platforms and third-party vendors.
• Support ongoing education, professional growth, and stay informed of emerging AML trends, typologies, and regulatory expectations relevant to EDD processes.
• Perform other duties as assigned.

Qualifications

• Education: High School graduate or equivalent
• Creditable Experience in Lieu of Education: Not Applicable
• Experience/Skills: A minimum of two years of progressively responsible experience in financial operations or a related compliance role. Demonstrates advanced investigative and analytical skills, with the ability to interpret complex data and identify patterns indicative of suspicious activity. Possesses excellent verbal and written communication abilities, enabling clear documentation and effective collaboration across teams. Brings a thorough understanding of accounting principles and balancing procedures, supporting accurate financial analysis. Exhibits strong critical thinking and problem-solving skills, exercising sound independent judgment in high-stakes compliance scenarios. Well-versed in business law and regulatory requirements, particularly the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) regulations. Prior experience in roles involving routine investigative work is highly valued.
• Tenure: Assignment to BSA / AML Due Diligence Analyst II (Category 12), requires minimum of twelve months tenure in the BSA/AML Due Diligence Analyst I (Category 13) position with performance that meets or exceeds expectations. Assignment to BSA/AML Due Diligence Analyst III (Category 11), requires minimum of twelve months tenure in the BSA/AML Due Diligence Analyst II (Category 12) position with performance that meets or exceeds expectations. Assignment to Senior BSA/AML Due Diligence Analyst (Category 10), requires minimum of twelve months tenure in the BSA/AML Due Diligence Analyst III (Category 11) position with performance that meets or exceeds expectations.
• Compensation: Starting base salary will be determined based on candidate experience, qualifications, education, and applicable local or state wage requirements, and will fall within the range provided below.
• Benefits: Short-term and long-term incentives, Comprehensive medical, dental and vision insurance plan that has HSA and FSA options, 401(k) plan with a 5% match, Employee Assistance Program (EAP), Life and disability coverage, Voluntary cash benefits for accident, hospitalization and critical illness, Tuition Reimbursement, Generous leave programs to include Paid Time Off accrual, Paid Sick Leave, Paid Holidays
• Equal Opportunity Employer