Demo

Bank Secrecy Act (BSA) and Compliance Specialist

Bayer Heritage Federal Credit Union
Bayer Heritage Federal Credit Union Salary
Zanesville, OH Full Time
POSTED ON 1/26/2025
AVAILABLE BEFORE 4/17/2025

Job Type

Full-time

Description

Ready to look forward to going to work every day? Want to be a part of a service driven culture where employees are appreciated? Check out our opportunity with Bayer Heritage Federal Credit Union!

This role is to assist the BSA Officer with the daily monitoring and reporting necessary to have a comprehensive and effective BSA program.

Essential Functions & Responsibilities :

  • Reviews all regulations pertinent to Credit Union Operations and make recommendations for procedure and policy changes to assure BHFCU complies with such regulations. Regulations include, but are not limited to :
  • The Privacy Act, The SAFE Act, and FACT Act
  • The Bank Secrecy Act
  • Regulation Z : Truth in Lending
  • Regulation CC : Availability of Funds & Collection of Checks
  • Regulation B : Equal Opportunity Act
  • Assist the compliance officer with compliance questions or issues from credit union employees.
  • Assist the compliance officer with ongoing reviews of the various compliance areas including risk assessments, Red Flags, Information Security, SAFE Act and BSA.
  • Gathers necessary documentation for exams and audits which pertain to areas of compliance and BSA.
  • Utilizes Verafin to ensure we maintain a comprehensive BSA program.
  • Work alerts associated with BSA.
  • Respond to and initiate 314(b) conversations regarding suspicious member activity.
  • Review and schedule high risk member reviews (HRC).
  • Review reporting exemptions to ensure continued qualifying activity.
  • Review resolved cases for potential BSA reporting.
  • Upload and work 314(a) lists and alerts.

Performance of daily tasks :

  • Review member transactions for BSA compliance utilizing Verafin.
  • Complete CTRs and author SARs for timely submission.
  • Research and act upon suspicious incidents received by the branch.
  • Gather and submit documentation for subpoenas received.
  • 5% Perform other job-related duties as assigned.

    Requirements

    Experience

    Two years of experience in a credit union environment. BSA / compliance experience preferred.

    Education

    High school diploma or equivalent.

    Interpersonal Skills

    Courtesy, tact, and diplomacy are essential elements of the job. Work involves much personal contact with others inside and / or outside the organization for purposes of giving or obtaining information, building relationships, or soliciting cooperation.

    Other Skills

    Ability to read, comprehend, and interpret technical documents.

    Work Environment

    Office setting.

    EEO Statement

    Bayer HFCU is an equal opportunity employer. We are committed to our policy of providing equal employment opportunity in a manner consistent with applicable laws and regulations, including federal laws prohibiting employment discrimination on the basis of race, color, creed, national origin, sex, age, disability, sexual orientation or genetic information.

  • Some states are ineligible for remote work.
  • If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
    Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

    What is the career path for a Bank Secrecy Act (BSA) and Compliance Specialist?

    Sign up to receive alerts about other jobs on the Bank Secrecy Act (BSA) and Compliance Specialist career path by checking the boxes next to the positions that interest you.
    Income Estimation: 
    $51,089 - $70,406
    Income Estimation: 
    $67,266 - $87,335
    Income Estimation: 
    $60,507 - $76,515
    Income Estimation: 
    $73,707 - $95,263
    Income Estimation: 
    $80,876 - $132,043
    Income Estimation: 
    $77,899 - $100,402
    Income Estimation: 
    $123,739 - $165,355
    Income Estimation: 
    $163,270 - $214,905
    Income Estimation: 
    $150,417 - $183,047
    Income Estimation: 
    $73,707 - $95,263
    Income Estimation: 
    $91,142 - $116,690
    Income Estimation: 
    $80,876 - $132,043
    Income Estimation: 
    $91,142 - $116,690
    Income Estimation: 
    $116,347 - $154,557
    Income Estimation: 
    $150,417 - $183,047
    View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

    Job openings at Bayer Heritage Federal Credit Union

    Bayer Heritage Federal Credit Union
    Hired Organization Address Martinsville, WV Full Time
    Description: Ready to look forward to going to work every day? Want to be a part of a service driven culture where emplo...
    Bayer Heritage Federal Credit Union
    Hired Organization Address Moundsville, WV Full Time
    Job Type Full-time Description Ready to look forward to going to work every day? Want to be a part of a service driven c...
    Bayer Heritage Federal Credit Union
    Hired Organization Address Moundsville, WV Full Time
    Job Type Full-time Description Ready to look forward to going to work every day? Want to be a part of a service driven c...
    Bayer Heritage Federal Credit Union
    Hired Organization Address Martinsville, WV Full Time
    Job Type Full-time Description Ready to look forward to going to work every day? Want to be a part of a service driven c...

    Not the job you're looking for? Here are some other Bank Secrecy Act (BSA) and Compliance Specialist jobs in the Zanesville, OH area that may be a better fit.

    Community Reinvestment Act (CRA) Investigator

    Northwest Bank, Columbus, OH

    Payments Division Compliance Manager

    Sutton Bank, Columbus, OH

    AI Assistant is available now!

    Feel free to start your new journey!