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BCU Spec, BSA

Req # JR - 086688 Location Vernon Hills, Illinois, United States Job Category Baxter Credit Union Date posted 12/12/2022

As an employer, BCU models the dynamic assets of a top workplace, including confidence in company leadership, competitive compensation and benefits, employee development, workplace flexibility, and a passionate employee culture supporting a unified vision.

At BCU, you'll have a career in a growing organization and an environment that supports your professional and personal growth. For these reasons, BCU has been chosen as a Chicago Tribune Top 100 Workplace and a certified Great Place to Work.

Visit the link below to learn more about #LifeAtBCU:

https://players.brightcove.net/3101254895001/default_default/index.html?videoId=6013229634001

**This role has the capability to be remote**

SUMMARY

The BSA Specialist is responsible for providing general clerical and administrative support in the maintenance of the credit unions Bank Secrecy Act (BSA)/Anti-Money Laundering and Office of Foreign Asset Control (OFAC) Programs. The activities include the monitoring and investigation of suspicious activities; the preparation of various routine BSA forms/reports by required due dates; and assist in the maintenance of documentation to demonstrate compliance with the Programs.

The position is also responsible for supporting the credit union compliance program by researching and responding to staff BSA and OFAC questions received through the help desk function and supporting BSA and OFAC training activities.

ROLEANDRESPONSIBILITIES

  • Provide support to the BSA team in the maintenance of the activities associated with the BSA and OFAprograms.

  • Perform daily reconciliations of the Patriot Officer system to Credit Union systems, notify all appropriate parties of discrepancies, assist in resolution of items until resolved, and escalate issues to the Sr. BSA Professional and Sr. Director of Compliance.

  • Prepare and or review Currency Transaction Reports, within the Patriot Officer system, in advance of the required timeframe.

  • Complete monthly percentage of suspicious activity and high-risk cases, assigned in Patriot Officer system, in the required timeframe. This responsibility will include the identification and investigation of suspicious activity; the escalation of potential SAR filings to the Sr. BSA Professional, Sr. Director of Compliance or BSA Officer; the documentation of the filing decisions, and the prepare of SARs within the required time frames.

  • Conduct and validate system tests to validate Patriot Officer system upgrades and patches.

  • Assist in the maintenance of the BSA Program document, including the risk assessments and other appropriate documentation to support BSA and OFAC program activities.

  • Assist in the gathering of documents for compliance assessments and regulatory examinations.

  • Assist in the support of the BSA and OFAC staff training in coordination with Talent Management.

  • Track Currency Transaction Reports filed for members at shared branches to ensure proper filings within required due dates.

  • Assist in the support of the compliance help desk function. The activities include the update of the log, the research of routine non-complex issues and the response to staff within agreed upon timeframes on BSA and OFAC issues.

  • Complete or review various assigned monitoring reports which include, but is not limited to BSA, cash advance, dormant account, paid ahead, and MSB reports on a regular basis and escalate suspiciouactivities to the appropriate parties (e.g., fraud staff, Sr. BSA Professional, and or Sr. Director of Compliance).

  • Perform and or review regulatory screenings in Patriot Officer against the credit union member database, investigate all potential matches, and take appropriate action, as required.

  • Monitor and assist operational departments with project implementations.

  • Assist with special projects on an as needed basis.

QUALIFICATIONSANDEDUCATIONREQUIREMENTS

  • Bachelors degree (preferably in Business, Economics, or Finance) or minimum 4 years of equivalent banking, financial or related industry experience required

  • Minimum 2 years of BSA/AML and anti-terrorist money laundering experience preferred

  • Must be motivated, dependable and responsible

  • Strong analytical and problem-solving skills

  • Basic knowledge and experience with the Bank Secrecy Act, U.S.A. Patriot Act, Anti-Money Laundering, and/or the Office of Foreign Asset Control requirements, a plus

  • Must be a self-starter and able to work independently possessing good effective time management skills, ability to organize and prioritize, and be deadline driven

  • Possess strong interpersonal, verbal, and written communication skills

  • Sensitivity to confidential information is required

  • Basic working knowledge of MS Work, Excel, and Outlook; and experience with BSA reporting software, a plus

  • Must obtain BSA Certification (BSACS) within 2 years of employment and maintain thereafter

  • Certified AML Specialist Certification (CAMS) preferred

BCU Shared Values. We act with INTEGRITY. We follow the golden rule without exception. We display COURAGE in our convictions. We drive innovation, reaching beyond boundaries and thoughtfully explore new horizons. We excel through COLLABORATION. By working as one, sharing information and seeking solutions, we deliver exceptional outcomes. We WOW our Members. We focus intensely on putting the member first, delivering extraordinary experiences that create lasting relationships inside and outside the organization.

Life at BCU. With a culture built off relationships and referrals, we’re committed to creating the best work environment possible. From our casual dress code to flexible work arrangements, we’ve created a unique culture that supports a healthy work/life balance. For this reason and more, BCU has been chosen as a Chicago Tribune Top 100 Workplace. #LifeAtBCU

Equal Employment Opportunity
Baxter is an equal opportunity employer. Baxter evaluates qualified applicants without regard to race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, protected veteran status, disability/handicap status or any other legally protected characteristic.


EEO is the Law
EEO is the law - Poster Supplement

Pay Transparency Policy


Reasonable Accommodations
Baxter is committed to working with and providing reasonable accommodations to individuals with disabilities globally. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application or interview process, please click on the linkhere and let us know the nature of your request along with your contact information.

086688

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