BSA Compliance Specialist at DFCU Financial

Dearborn, Michigan, United States -

Full Time

Start Date

Immediate

Expiry Date

17 Jul, 26

Salary

0.0

Posted On

18 Apr, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Analytical skills, Attention to detail, Financial crime detection, Regulatory reporting, CTR preparation, SAR preparation, Risk mitigation, BSA compliance, OFAC compliance, Customer due diligence, Enhanced due diligence, Critical thinking, Time management, Verbal communication, Written communication, Teamwork

Industry

Banking

Description

Join the DFCU Financial team today, and discover the benefits, rewards and development opportunities from one of the largest and best managed credit unions in the country. Do you have a strong analytical mindset and the attention to detail needed to identify suspicious or high-risk activity? As a BSA Compliance Specialist, you will monitor and investigate unusual or potentially fraudulent activity, supporting the credit union’s efforts to detect and prevent financial crime. This role is responsible for analyzing account activity, preparing regulatory reports such as CTRs and SARs, and partnering with internal teams and external agencies to mitigate risk and ensure compliance with BSA and OFAC requirements. Strong analytical skills, attention to detail, and the ability to handle sensitive information are essential for success in this role. The Opportunity: We are seeking a BSA Compliance Specialist to join our team. What You’ll Do: Research and identify suspicious, unusual, out of pattern, high risk or fraudulent activity across loan, deposit and payment systems. Assist senior specialists with referrals of suspicious or unusual activities or compromised member information from branches, member service center, other departments and members. Prepare written correspondence to members and financial institutions using standard templates. Prepare currency transaction reports (CTRs) and suspicious activity reports (SARs) for supervisory action. Perform and document periodic review of account activity related to SARs filed to determine need for subsequent SAR filings. Receive and review branch monetary instrument logs (MIL) for accurate and timely completion. Perform customer due diligence (CDD) and enhanced due diligence (EDD) on new or elevated risk relationships. Identify and flag potential high risk accounts and member activity through established report and transaction monitoring activities. Triage OFAC and other watch list alerts generated by business lines. Respond to Grand Jury subpoenas. Maintain strict confidentiality of sensitive information and challenging subject matter encountered during daily duties. Consult where applicable or refer complex cases to senior specialists. Interact with law enforcement regarding actions taken to prevent loss. Travel to police departments and courts when necessary. What You’ll Need: Bachelor’s Degree or equivalent work experience. Three years’ experience with financial institution deposit operations, service delivery channels and BSA. Knowledge of federal regulatory requirements related to Bank Secrecy Act and OFAC. Strong computer skills. Organizational, critical thinking, analytical and administrative skills with keen attention to detail and strong time management. Excellent interpersonal skills, including effective verbal and written communication. Consistent positive, cooperative, self-motivated, courteous and professional attitude. Ability and willingness to function as a team player. What We Offer: Potential for a hybrid work schedule 401k plan match, dollar for dollar up to 4% 401k additional employer contribution after one year at 5% Employee bonus program Medical, dental and vision insurance effective date of hire Health savings account (HSA) Flexible spending accounts for medical and dependent care expenses Adoption assistance for qualified expenses maximum $10,000 per child Wellness initiatives and reimbursements Pre-paid legal services plan Identity protection plan Accident supplemental plan Short & long term disability plans paid for by company Company provided basic life insurance of $50,000 plus supplemental for employee, spouse and child Pet Insurance Free financial planning assistance Numerous fun employee events throughout the year Volunteer and community engagement opportunities Employee loan discounts (closed-end loans) Service / anniversary awards Employee discounts for company logo wear Employee referral payouts for recruiting your friends and family Paid lunch time Tuition reimbursement / Education assistance Ongoing training opportunities Leadership development program Paid time off Paid holidays (13 per year) Flexible scheduling for students Equal Opportunity Employer / Disabled / Veterans

Responsibilities

The BSA Compliance Specialist monitors and investigates suspicious or fraudulent activity across various financial systems. They are responsible for preparing regulatory reports, performing due diligence, and ensuring compliance with BSA and OFAC requirements.