Manager, Bank Secrecy Act (BSA)

Position Title: Manager, Bank Secrecy Act (BSA)

FLSA Status: Exempt

Department: Compliance & Risk Management

EEO Code: First level Mgr. & Supervisors

Reports To: VP Compliance & Risk

Salary Range: $77,637.47 - $87,342

Why Join Us: 

Heritage Family Credit Union is a dynamic and member-centric organization committed to making a positive impact on the lives of our members. We believe in delivering not just financial services but fostering meaningful relationships that enhance the overall well-being of our members and communities. With a focus on education, integrity, and community, we strive to be the preferred financial partner for our community. 

Benefits Include: 

Paid time off in addition to paid federal holidays 

Medical, dental, and vision benefits to employees who regularly work 24 hours a week 

401k match 

Ongoing training opportunities 

8 hours of volunteer time with an organization important to you 

Reimbursement each month for Gym membership (up to $25), hobby reimbursement (up to $25) and fresh local foods (up to $25 on a seasonal basis) 

Essential Functions:

• Manage the BSA and OFAC compliance program, maintain HFCU’s BSA/AML, MIP and OFAC risk assessments, policies, and procedures related to BSA/AML and OFAC compliance.
• Oversee transaction monitoring and ensure timely submission of SARs and CTRs. Ensure BSA training is delivered across the credit union as required.
• Stay updated with industry trends and regulatory or legal requirements in these areas. Prepare monthly and quarterly management reporting of BSA/AML related metrics.
• Identify, escalate and oversee the remediation of any BSA/AML or OFAC related issues and ensure that OFAC-related records are handled appropriately.
• Assist senior management with shaping the BSA/AML strategy, prioritizing the identification and mitigation of risks as it relates to where HFCU operates, its membership base and the products and services HFCU offers.
• Act as a key point of contact / subject matter expert on BSA/AML, OFAC and advisor to senior management, examiners or auditors in these areas.
• Ability to oversee and/or assist with fraud investigations as necessary.
• Perform other duties as assigned.
• Responsible for predictable & reliable attendance.

Qualifications:

• Education:

o High school diploma or equivalent is required.

o Associate or bachelor’s degree in related field is preferred. Certified Anti-Money Laundering Specialist (CAMs), Certified Fraud Examiner (CFE), Certified Regulatory Compliance Manager (CRCM), Certified Financial Crimes Specialist (CFCS), and/or related professional certification is preferred.

• Experience:

o 8 years’ experience in BSA/AML compliance, risk management or other financial crime with a focus on anti-money laundering at a financial institution.

o Minimum 5- 10 Years Leadership experience managing teams or projects and driving compliance strategy across business lines required. Experience with SAR, CTR, EDD/CDD and beneficial ownership requirements preferred. Knowledge of BSA/AML monitoring systems and validation requirements is preferred. Case management experience is required.

• Skills:

o Excellent communication and interpersonal skills.

o Ability to work in a fast-paced, dynamic environment.

o Must be able to work independently and as part of a team.

o Strong problem-solving abilities.

o Proficiency in MS Office Suite.

o Advanced analytical skills.

Physical Requirements:

• Perform primarily sedentary work with limited physical exertion and occasional lifting up to 10 lbs.
• Must be able to operate routine office equipment including computer, telephone, copier, facsimile, and calculator.
• Must be able to work extended hours whenever required or requested by management.
• Must be capable of regular, reliable, and timely attendance (in-person and remote).
• While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel objects, or controls; talk and hear.
• Must have a valid driver’s license and be able to drive between locations throughout the company footprint.

Work Environment:

• Must be able to routinely perform work indoors in climate-controlled shared work area with minimal noise.
• Must be able to work independently with little supervision.
• Must be able to travel throughout the company footprint on an as-needed basis.

BSA/Risk: Employees will ensure adherence to BSA (Bank Secrecy Act) and risk compliance standards in all job responsibilities, maintaining the organization's regulatory integrity and mitigating potential risks.

Equal Opportunity Employer: Heritage Family Credit Union is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Salary : $77,637 - $87,342