Sr. BSA Fraud Analyst

Description

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Johns Hopkins Federal Credit Union (JHFCU) is committed to enriching the lives of our employees by fostering a culture where inclusion, shared purpose, and growth are at the forefront of who we are.  For over 53 years JHFCU has been dedicated to positively transforming the lives of our members by providing trusted financial solutions, personalized services and unwavering support. Together, we create an environment where both our members and employees can thrive and achieve their fullest potential.
 

JHFCU is currently seeking an experienced Senior BSA/Fraud Analyst to join our team of professionals.  This much sought after role will work collaboratively with the VP of Compliance and Risk in implementing and administering all aspects of the Credit Union’s regulatory Compliance and BSA functions. The Sr Analyst is responsible for processing fraud and non-fraud cards claims and attending to complex member circumstances.  Experience identifying suspected, alleged or known internal and external fraud investigations against the Credit Union and its members is crucial in this role.

Essential Duties Include:

• Performing ongoing BSA and/or fraud monitoring tasks as well as monitoring weekly and monthly reports for suspicious activity.  
• Generating Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs) for compliance with established regulatory guidelines and time frames.
• Interacting with financial institutions and members to validate information and to confirm or cancel transactions.
• Screening of the member database, wire transfers, and IATs against OFAC list and taking appropriate action, as necessary. Assists other departments with final determination of OFAC list “hits” that occur during transactions.
• Responsible for FinCEN 314(a) procedures, monitoring, and reporting and reviews FinCEN314(b) and responds to inquiries accordingly.
• Reviews and monitors tickets and actions to ensure timely follow up.  This includes high risk accounts. Monitors and ensures the completion of action plans for reviews performed. 
• Maintaining compliance with accounts requiring W-8BEN forms by reviewing documents annually and obtain new completed forms.
• Assisting with appropriate training for all employees relating to BSA, AML, OFAC, MIP and fraud.
• Providing leadership and oversight for the technical work of the BSA/Fraud team.  This includes analysis of team activity to ensure work is being completed timely and in accordance with established laws and regulations. 
• Reviewing, writing and submitting SAR, CTR reports.  This includes conducting investigations and the ability to present a cohesive story.
• Performing analysis of fraud trends for reporting, education, and improvement of our BSA/Fraud activities.  
• Managing relationships with critical BSA/Fraud vendors for the purposes of enhancing/refining software, and building rules that impact member’s ability to perform transactions.  This includes participating in BSA/Fraud roundtables and sharing groups.

At JHFCU, we understand the importance of work-life balance, which is why we offer a schedule that includes hybrid Monday  - Friday work schedule, a vibrant and convenient Canton location and paid time off for birthdays, and all major holidays. Our comprehensive benefits package further enhances the employee experience, featuring generous sick and vacation leave accruals, competitive compensation, a 401(k) plan with matching contributions, and a strong emphasis on continuing education to support professional growth. Additionally, we provide free parking and a host of other perks, making JHFCU an ideal workplace for those who value both career advancement and personal well-being.

Johns Hopkins Federal Credit Union (JHFCU) is a federally chartered credit union completely independent from Johns Hopkins University, Johns Hopkins Health Systems, and any of the Johns Hopkins schools, hospitals, or programs. JHFCU holds a license to use the Johns Hopkins registered mark. JHFCU serves the employees, students, retirees and Alumni Association members of the Johns Hopkins University, employees and retirees of the Johns Hopkins Health System and its hospitals, and employees and retirees of other select entities. JHFCU is wholly owned by its members. Neither Johns Hopkins University nor Johns Hopkins Health Systems select, endorse, or are responsible for the goods and services offered by JHFCU.

Johns Hopkins Federal Credit Union (JHFCU) is proud to be an equal opportunity employer and makes employment decisions based on merit. JHFCU celebrates people from all walks of life and prohibits unlawful discrimination based on race, color, religious creed, sex, gender identity, marital or veteran status, age, national origin, ancestry, citizenship, physical or mental disability, medical condition, genetic information, or characteristics (or those of a family member), sexual orientation, pregnancy, or any other consideration made unlawful by federal, state, or local laws. All employment is decided based on qualifications, merit, and business need. 

Qualifications

Qualified candidates will have an Associates degree and minimum five (5) years BSA and/or Fraud experience in a financial institution, or equivalent combination of education and experience is required.

• Successful completion of a BSA or Fraud certification course is required for this position.
• Minimum of 2 years’ experience with BSA/AML Monitoring Software, Verafin experience preferred 
• Must possess excellent written and verbal communications skills
• Position requires a high degree of accuracy and attention to detail
• Must exhibit the ability to handle conflict in a professional manner, exhibit professionalism in communication skills to staff at all levels, and must be able to work under the pressure of deadlines.

Salary : $68,000 - $73,000