PURPOSE: The BSA/AML and Fraud Prevention Analyst(Analyst) position exists to fulfill the components of the credit union's fraud prevention program, minimizing risk of loss through the analysis and review of member activity reports that have been identified as high risk. The position also supports the credit union's Bank Secrecy Act/Anti-Money Laundering (BSA/AML) program to ensure overall compliance.

This position exists to fulfil our member service pledge to every member, every time by delivering consistently high-quality service to both internal and external member.

CULTURAL EXPECTATIONS

Adheres to Financial Center's Policy and Procedures

Acts as a role model within and outside Financial Center

Maintains a positive and respectful attitude

Communicates regularly with supervisor about department issues

Demonstrates flexible and efficient time management and ability to prioritize workload

Consistently reports to work on time prepared to perform duties of position

Meets Department productivity standards

Demonstrate enthusiastic support of corporate mission, core values and long term objectives

Performs daily assignments independently

Resolves questions or problems on the basis of past precedent and interpretation of policy and procedural guidelines

Work is reviewed for adherence to policies and procedures

ESSENTIAL DUTIES:

Review fraud and money laundering alerts generated by the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) software for suspicious activity.

Provide clerical and analytical support for the execution of the BSA/AML Program.

Responsible for watch list monitoring, including OFAC and 314a list.

Execute daily tasks related to the BSA/AML monitoring program including but not limited to validation procedures for the transactions data and monetary instruments feed into the monitoring software.

Assists the AVP/BSA/AML with the credit union's BSA/AML program to ensure compliance, to include working with the monitoring software, filing CTRs and SARs or other regulatory forms, and fraud investigations.

Assists with reviews of Power of Attorneys and Guardianships prior to account opening.

Updates fraud profiles and watch lists timely as appropriate

Review and resolve reports such as, new account fraud, debit fraud and check kiting alerts in the time frame allowed

Keeps supervisor informed of potential fraud, suspicious activity, losses and trends

May work with the Departments and law enforcement involving fraud cases incurred at the credit union

Provides supporting documentation to ensure completion of Suspicious Activity Reports (SAR)

Reviews and tests new fraud software modules

Other duties as assigned

REQUIRED BACKGROUND:

High school education or equivalent

Must have five to ten year's previous experience working in a similar support function, with a focus on fraud prevention and BSA/AML compliance

BSA Compliance Certification preferred.

Must be tactful and have the ability to quickly explain Credit Union policies, procedures, and services

Knowledge of applicable policies, procedures and regulations

Must be proficient in the use of the Credit Union computer system or personal computer, computer generated reports, calculator and other standard office equipment

Must have the ability to perform detailed work and use problem-solving skills for complex issues

Must be able to effectively communicate, both oral and written

Must be able to maintain strict confidentiality of information

WORK ENVIRONMENT: The work requires physical mobility within the general work area and carrying of light items such as books, computer listings and small stacks of papers.

The work is performed in offices and meeting rooms. Work can be conducted at a remote location.

Financial Center First Credit Union

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BSA/AML &Fraud Prevention Analyst