BSA Officer

Job Title: Senior BSA Officer
Location: Portland, Oregon
Salary: $130,000 - $150,000 Base 15-20% Bonus
Reports To: Chief Legal Officer & Chief Risk Officer

About the Credit Union:
A forward-thinking credit union based in Portland, Oregon, committed to providing exceptional financial services while maintaining the highest standards of compliance and risk management. A Senior BSA Officer is needed to join the team and play a pivotal role in managing and strengthening BSA/AML and fraud risk strategies.

Position Overview:
The Senior BSA Officer will work closely with both the Chief Legal Officer and Chief Risk Officer to provide leadership and oversight in BSA/AML compliance, with a strong focus on risk assessments and bridging the gap between BSA and fraud operations. The ideal candidate will bring at least 10 years of experience in BSA/AML compliance, a solid understanding of risk assessment protocols, and the ability to collaborate across departments to mitigate financial crime risks.

Key Responsibilities:

• Oversee BSA/AML compliance activities, ensuring adherence to all regulatory requirements.

• Conduct thorough risk assessments, identifying potential vulnerabilities and recommending mitigation strategies.

• Collaborate with the Fraud team to integrate BSA compliance and fraud prevention strategies effectively.

• Assist the Chief Legal Officer and Chief Risk Officer in developing and implementing risk management policies and procedures.

• Provide expertise and guidance to staff on regulatory changes and emerging risks in financial crime.

• Monitor and evaluate the performance of BSA/AML and fraud-related controls and processes.

• Lead investigations related to suspicious activity and ensure timely reporting to regulatory authorities.

• Develop and deliver training on BSA/AML and fraud prevention to internal stakeholders.

• Support audits and examinations by internal and external regulatory bodies.

Qualifications:

• Minimum of 10 years of experience in BSA/AML compliance, with at least 5 years in a senior or leadership role.

• Strong understanding of risk assessment frameworks and the ability to assess and mitigate operational and financial risks.

• Proven ability to bridge gaps between BSA compliance and fraud prevention, working collaboratively with cross-functional teams.

• In-depth knowledge of federal and state regulations governing BSA/AML, including the USA PATRIOT Act, FinCEN, and related guidelines.

• Strong communication skills, with the ability to present complex information to senior leadership.

• Experience working directly with legal and risk departments to develop and implement comprehensive risk management strategies.

• CAMS (Certified Anti-Money Laundering Specialist) or similar certification preferred.

• Bachelor's degree in finance, business, or related field (advanced degree or certifications are a plus).

Why Join the Team?

• Competitive salary and bonus structure.

• A collaborative, dynamic work environment where contributions matter.

• Opportunities for career growth and advancement within the credit union.

• Comprehensive benefits package, including health, dental, and vision insurance, retirement plans, and more.

Qualified BSA/AML professionals with a strategic mindset and a passion for compliance and fraud prevention are encouraged to apply.