BSA/Fraud Analyst

Essential Functions and Responsibilities

• Reviews and analyzes suspicious activity and fraud alerts provided by the Verafin monitoring system
• Investigates suspicious activity and makes recommendations on SAR filings to the BSA Officer
• Drafts SARs for review prior to submission
• Conducts internal fraud monitoring activities such as branch cash counts and employee account reviews
• Works with credit union operational and frontline departments to resolve fraudulent account issues
• Submit complete Currency Transaction Reports (CTRs)
• Completes FinCEN 314a and OFAC searches of the credit union member database and analyzes potential matches
• Promote a culture of risk awareness
• Maintain a thorough knowledge of regulatory requirements by attending training and continuing education courses as appropriate

Requirements

• Three years to five years of similar or related experience
• A two-year college degree, or completion of a specialized certification or licensing, or completion of specialized training courses conducted by vendors, or completion of an apprenticeship program