BSA & Specialty Account Specialist at Blaze Credit Union

St. Paul, Minnesota, United States -

Full Time

Start Date

Immediate

Expiry Date

09 Jul, 26

Salary

34.02

Posted On

10 Apr, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Bank Secrecy Act, Anti-Money Laundering, Compliance, Risk management, Auditing, Accounting, Verafin, Currency Transaction Reports, Suspicious Activity Reports, Analytical skills, Regulatory reporting, Data analysis, Policy development, Microsoft Office, Communication, Problem solving

Industry

Banking

Description

Description Role: This position assists the BSA & Specialty Account Department with Bank Secrecy Act (BSA) responsibilities and ensures the Credit Union stays within compliance with rules and regulations pertaining to BSA and specialty accounts provided and serviced at Blaze. This position will serve as a BSA resource, supporting the BSA Program and a resource to Credit Union employees for reviews and approvals on specialty accounts. Major Duties and Responsibilities Reviews Credit Union operation functions under direction of Director BSA & Specialty Accounts to support and maintain the company's regulatory, legal and policy compliance regarding BSA and specialty accounts. Supports BSA & Specialty Account employees as needed. Review and complete Currency Transaction Reports (CTRs) daily. Review BSA/AML alerts in Verafin; create case, perform research on any alert that should have additional investigation done, decision and create Suspicious Activity Reports (SARs). Once done with research escalate the alert to Sr BSA & Specialty Account Specialist to review. Questions or further review, escalate to Director BSA & Specialty Account. Audit all accounts opened online on a weekly basis. Review Beneficial Ownership forms for accuracy. Assist with reviewing, monitoring and auditing Treasury Management Services. Promptly answer all calls &/or emails coming into the department helpline(s). Scan in, electronically file, and audit the Signature Guarantee/ Validation Logs on a monthly basis. Reviews computer-generated audit reports for suspicious or fraudulent activity and for consistency and compliance with credit union procedures, policies, and regulations. Assists with audit and BSA and specialty account compliance reviews as noted on the yearly audit plan by preparing written reports noting effective controls and BSA and specialty account compliance with regulations or providing recommendations for changes to minimize risk. Assists the Director Compliance & Risk with implementation of new compliance regulations as needed. Maintains current knowledge of regulatory and industry changes and makes recommendations for any necessary changes in policies and procedures. Respects the confidential nature of information received in the performance of duties and is able to render impartial and unbiased judgments. Assumes responsibility for acquiring and maintaining advanced knowledge of credit union products, services, promotions, and marketing materials. Assumes responsibility for the BSA Officer duties to ensure that the credit union is in compliance with all proper regulatory reporting requirements related to Bank Secrecy Act. Have knowledge of current laws, regulations and Blaze business decisions. Assist Credit Union employees with BSA and specialty account inquiries to proceed after reviewing compliance rules and regulations and Blaze business decisions. Review of policies and procedures to ensure compliance with rules and regulations. Other Duties Comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control. Exhibit Blaze’s Core Value’s: Better Lives, Thoughtfully Compassionate, Minnesota’s Best, and Give Back. Regular and punctual attendance. Perform other duties as assigned to support effective department operation. Requirements Experience/Education/Certifications/Licenses Minimum high School degree or equivalent Minimum 2 – 3 years of similar or related experience Associate’s degree in business related field a plus Knowledge of Verafin Anti-Money Laundering software and/or DNA core processing systems a plus Demonstrated Knowledge Strong analytical skills High level of ethics, integrity and confidentiality Strong knowledge of auditing, accounting, and management principles and concepts Proficient in internal control concepts and standards, and able to comprehend/interpret policies, procedures, laws and regulations Ability to work both independently and as a member of a team Knowledge of Microsoft Office Able to handle a variety of tasks and changing priorities simultaneously and in an effective manner Ability to work with all levels of management and credit union employees, and respond to questions Communication Skills Ability to proactively respond to members/employees to problem solve based on guidelines; written communications are based on templates but can be modified. Physical Requirements Ability to sit and stand; answer calls; operate computer; interact with internal employees and public on the phone; travel to designated offices; lift up to 20 lbs. Diversity creates a healthier atmosphere, and we encourage diverse applicant depth and breadth. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law. We are committed to providing salary ranges for all open positions. Please note that the specific compensation for this role will be determined based on your experience, qualifications, location, and internal equity considerations. The salary range for this position is: $27.22 - $34.02/hour. This range reflects the base salary for this position. We have other benefits associated with this position which include: low-cost medical (as low as $20 a paycheck), dental insurance, vision insurance, quarterly bonuses, generous vacation and sick time hours, paid leave options, up to 6% 401k contribution, and tuition reimbursement.

Responsibilities

This role supports the BSA and Specialty Account department by ensuring compliance with regulatory rules and internal policies. Responsibilities include monitoring transactions, investigating suspicious activity, and preparing regulatory reports.