Senior Financial Crimes Analyst

Under the direction of the SVP/Risk, conducts investigations into potential fraud situations; administering and monitoring compliance with BSA, Anti-Money Laundering (AML), USA Patriot Act's Customer Identification Program (CIP), and Office of Foreign Assets Control (OFAC).

Responsibilities:

• Administers the Credit Union's compliance management program for policies, procedures, laws, regulations and rules governing BSA/AML and OFAC.
• Analyzes and investigates suspicious activity and fraud situations, such as those identified via fraud/risk management software, staff in other business areas, and in response to 314(a) and 314(b) notifications.
• Investigates questionable account activities (e.g., suspicious checks, kiting, forgeries, counterfeits, and electronic transactions), recommending hold, limits, and restrictions on accounts and transactions.
• Collaborates with regulatory agencies, law enforcement organizations, and other financial institutions in conducting investigations, and in providing legal support with cases, hearings, and trials.
• Conducts ongoing reviews, monitoring, and analysis of various reports, logs, and transaction data to identify suspicious trends, unusual activity, and unusual currency activity. Completes suspicious activity reports (SARs).
• Serves as the Credit Union's point of contact for 314(a) and 314(b) information exchanges.
• Drives continuous improvement initiatives in optimizing business goals and minimizing fraud losses.
• Maintains subject matter expertise of the BSA and all related AML and OFAC regulations, along with the Credit Union's policies and procedures.
• Prepares BSA Committee and SAR Committee agendas, records meeting minutes, and coordinates tracking of action items.
• Completes the BSA's Customer Due Diligence (CDD) and USA Patriot Act Customer Identification Program (CIP) reviews for new and existing members and/or accounts. Conducts enhanced due diligence (EDD) reviews and/or investigations.
• Assists with secondary or quality control reviews for all BSA/AML, OFAC, and related activities.
• Supports coordination of, and responses to, audits, examinations, risk assessments, committee meetings, and applicable employee training.

Requirements:

• Bachelor's degree in a related field, or equivalent work experience
• 4-6 years' experience with BSA/AML and OFAC compliance, internal audit, risk management, or related activities
• Certified Anti-Money Laundering Specialist (CAMS), or equivalent certification, strongly preferred
• Or an equivalent combination of education and experience sufficient to perform the essential functions of the job

Benefits:

RFCU offers a comprehensive benefits package, including Cigna medical benefits, dental benefits, vision benefits ,a 401(k) plan with company match and profit-sharing potential, flexible health and dependent care plans, and life, AD&D, and LTD insurance. We also provide a generous and flexible tuition reimbursement program, along with a PTO package designed to help employees recharge and enjoy time with family and friends.

Rockland Federal Credit Union is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.