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.
• Submits 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. While working with the Risk Manager helps with educating the organization about the most significant risks.
• Maintains 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.
• (1) A two-year college degree,
• (2) completion of a specialized certification or licensing,
• (3) completion of specialized training courses conducted by vendors,
• (4) job-specific skills acquired through an apprenticeship program.