Fraud and BSA Assistant Manager

About the role

This position is responsible for assisting the manager in leading the Fraud and BSA team and providing both an excellent team member and member experience. The role involves coaching and providing team member development opportunities, as well as assisting with managing and monitoring all aspects of the BSA compliance Department and Fraud Departments within the organization.

Responsibilities

• Assists Solutions Manager with leadership responsibilities including selection and promotion, retention, recognition, coaching, engagement, direction, performance management, corrective action, compensation, job responsibilities, training and development
• Monitors loss trends and identifies tools or software needed to mitigate losses
• Assists with internal audits, regulatory exams, procedures, policies, and risk assessments
• Collaborates with other departments to improve internal controls and reduce fraud risk
• Oversees the quality control of filing Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs)
• Ensures enhanced due diligence (EDD) reviews for high-risk clients, including MSBs, MRBs, PEPs, and foreign entities, to ensure compliance with BSA/AML regulatory standards
• Utilizes KYC and case management systems to streamline onboarding and ongoing monitoring processes
• Assists in planning and managing all aspects of the department and performs duties of any department team member when necessary
• Creates a team environment that facilitates engagement and team member participation
• Assists manager with training, development, and performance of team members
• Assists with conducting team meetings and remediating audit and exam findings
• Monitors department performance with metrics, statistics, and analysis and recommends adjustments as necessary
• Prepares statistical and operational reports as needed and maintains knowledge of laws and regulations affecting financial institutions policies and procedures

Requirements

• Bachelor’s degree or equivalent; and 2 or more years of leadership experience, is preferred
• Minimum of 2 years’ experience in a financial institution or related industry is preferred
• BSA/AML or fraud certifications preferred
• Proficient in Microsoft Office – Word, Excel, PowerPoint, and Outlook
• Strong verbal and written communication skills
• Must be a team player and possess a high energy “can do” attitude

Benefits

UMCU offers a comprehensive benefits package, including low-cost/high-coverage medical, dental, vision, leave of absence, and more. Other benefits include generous paid time off, a flexible work environment, tuition reimbursement, a student loan debt repayment program, and a Fidelity 401k program with employer match.

Work Environment

The environment is typical of an office atmosphere, with a moderate noise level. The team member is frequently required to sit, use hands to finger, handle, or feel, and talk or hear. The team member is required to stand, walk, and reach with hands and arms, and must occasionally lift and/or move up to 20 pounds. Specific vision abilities required by this job include close vision.