Compliance Risk Analyst at Communication Federal Credit Union

Oklahoma City, Oklahoma, United States -

Full Time

Start Date

Immediate

Expiry Date

27 Jun, 26

Salary

0.0

Posted On

29 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Regulatory Compliance, BSA/AML Monitoring, Investigations, Reporting, Handling Confidential Information, Communication, Analytical Skills, Decision-Making, Problem-Solving, Workflow Management, Transaction Monitoring, Fraud Identification, Compliance Reviews, Audits, Examinations, SAR Filing

Industry

Banking

Description

Communication Federal Credit Union has proudly served its' members for over 85 years and was ranked the #1 Credit Union in Oklahoma by Forbes for 2020-2021. We are committed to our local communities, providing financial education, and supporting local organizations. We are passionate about the credit union philosophy of "People Helping People" and empower our team members to deliver on that promise. Working at CFCU means working alongside a diverse group of financial professionals to create exceptional member experiences. Our culture encourages trust, collaboration, and communication enabling each of our employees to have a meaningful impact on our organization and in the communities we serve. Our Benefits $1,000 New Hire Welcome Bonus after 90 days Competitive Pay with advancement opportunities Yearly Performance Incentive 11 Paid Holidays Paid Time Off (Starting at 16 days per year with Years of Service Increases 200% 401(k) Match up to 5% Medical Plans with a $5.00 Employee Only Per Pay Period Plan Dental, Vision, Short-Term Disability Insurance Hospital and Accident Indemnity Plans Employer paid Basic Life and AD&D Insurance Employer paid Long-Term Disability Insurance Flexible Spending Accounts- Medical and Dependent Care Tuition/ Educational Assistance Employee Perks and Discounts POSTIION SUMMARY The Compliance Risk Analyst supports the Credit Union's regulatory compliance program, performs BSA/AML monitoring, investigations and reporting activities. The CRA will provide broad compliance support while temporarily flexing into BSA/AML analyst fundings to meet operation needs, including periods of heightened BSA activity such as system conversions or program enhancements. Who You Are: Ability to work with highly sensitive or confidential information. Work effectively with people at all levels within credit union. Excellent verbal and written communication skills. Able to handle situations in a calm and resolute manner. Strong analytical, decision-making, and problem-solving skills. Ability to successfully manage and prioritize workflow. What You Will Do: Monitor member transactions and system reports to identify fraudulent activity. Support compliance reviews, audits and examinations. Prepare and assist with filing Suspicious Activity Reports (SARs), Currency Transaction Reports (CTRs), and related BSA documentation in a timely manner. Support compliance reviews, audits, and examinations by gathering documentation, performing testing and tracking corrective actions. Support increased BSA/AML workload, including system conversions, processes, changes and staffing transitions. Monitor regulatory changes and assist with implementation efforts. Required Education and Experience: Bachelor's degree in business, finance, criminal justice, legal studies or a related field preferred. Prior experience in banking compliance, BSA/AML, fraud or risk management preferred. Any combination of education, training and experience which provides knowledge, skills, and abilities to perform essential job functions.

Responsibilities

The Compliance Risk Analyst supports the regulatory compliance program by performing BSA/AML monitoring, investigations, and reporting activities, while also flexing into BSA/AML analyst duties as operational needs require. Key duties include monitoring transactions for fraud, supporting compliance reviews and audits, and preparing required BSA documentation like SARs and CTRs.