BSA Operations Specialist

About MCU:

At Municipal Credit Union, we believe that an incredible culture helps create a happy and motivated team that works hard to achieve the best results for themselves and their members. For more than 100 years, MCU has provided affordable financial products and convenient services to a membership base that is now comprised of over 600,000 individuals. With each new generation we have the pleasure of interacting with, we maintain the credit union promise of people helping people.

Overview: Responsible for executing on all assigned aspects of the Bank Secrecy Act (BSA), Office of Foreign Assets Control (OFAC) and Anti-Money Laundering (AML) compliance functions performed by the BSA Department and implemented throughout Municipal Credit Union (MCU).

Responsibilities:

Specific duties include, but are not limited to, the following:

• Preparation, reconciliation, and filing of Currency Transaction Reports (CTR) on a daily basis.
• Review and decision Watch List alerts including OFAC and 314a on daily basis.
• Manage and track Request for Information (RFI) inquiries to Retail Channels, and collaborate with MCU personnel regarding interactions with members to aid in investigations.
• Manage and track Member expulsion recommendations.
• Support BSA-related processes regarding subpoenas, including documentation research, conducting AML investigations, and tracking.
• Conduct initial research and collect documentation on Members requiring Enhanced Due Diligence.
• Ensures appropriate documentation is maintained and available for internal/external audits and legal requests for all work performed by staff.
• Conduct monthly reconciliation of MCU core system to Verafin.
• Test and reconcile MDD information from core to Verafin.
• Assist in preparation of monthly management reports.
• Performs other duties as directed by the BSA Officer or designee.
• Completes annual BSA/AML/OFAC training requirements and keeps current with Money Laundering and Terrorist Financing trends.
  
  
  

Requirements:

• Highly ethical.
• College degree.
• Familiarity with the BSA, USA PATRIOT Act, OFAC and related regulations.
• Well-organized and detail oriented.
• Good analytical skills.
• Strong communications skills, both verbal and written.
• Ability to conduct thorough research.
• Ability to interpret and understand laws and regulations.
• Ability to self – manage and self – direct.
• Resourcefulness and great time management skills.
• Desire to drive and invest in the achievement of extraordinary results.
• Financial or Banking Compliance knowledge.
• Proficiency in Microsoft for Windows Applications.
  
  
  

Core Values

• Our Core Values are an integral part of who we are and who we hire. By living our Core Values, every day, we continue to attract the best and brightest talent, achieve unsurpassed results and continuously challenge ourselves to be better than yesterday. These values are at the heart of our organization and within every teammate. To be a great fit, you’ll bring the following:
• Results – You’ll look to achieve the best outcomes for our members. Continuously track and measure everything, and use it to always improve. Be proactive, not reactive.
• Agility – You’ll remain agile in your decision making, planning, and delivery; using curiosity and creativity to see situations from all perspectives.
• Integrity – You’ll act professionally and positively. Build trust, be upfront and communicate thoroughly.
• Teamwork – You’ll work to achieve common goals as part of ONE TEAM.
• Ownership – You’ll hold yourself and others accountable and remain committed to our obligations while caring about the outcomes as much as an owner would.
• Belonging – You’ll embrace and environment in which any individual or group can be and feel welcomed, respected, supported and valued.
• We stand by our mission to connect our members and communities with an exceptional financial future and we are looking for individuals who share this same purpose to take this journey with us.
  
  
  

What we can offer you:

• Competitive compensation, medical and dental benefits.
• 401K with employer match
• Flexible paid time off
• We are committed to hiring, training, cultivating, promoting, and celebrating an environment where we have a welcoming and fulfilling place for all people to call home. Diversity of race, thought, sexual orientation, age, veteran status, religion, and disability will empower us to thrive as individuals, as teams, and as an organization.
• Municipal Credit Union (MCU) is an Equal Opportunity Employer.
• Municipal Credit Union provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.