Fraud and Compliance Specialist at Solidarity Community Federal Credit Union

Kokomo, Indiana, United States -

Full Time

Start Date

Immediate

Expiry Date

01 Jul, 26

Salary

0.0

Posted On

02 Apr, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

BSA/AML compliance, Fraud prevention, Regulatory reporting, Investigation, Risk management, SAR filing, CTR filing, OFAC regulations, FinCEN 314(a), Verafin, Data analysis, Problem solving, Communication, Project management, Leadership, Microsoft Office

Industry

Banking

Description

Description SUMMARY: Performs the day-to-day operational execution of the credit union’s compliance, BSA/AML, and fraud prevention programs. Conducts monitoring, investigations, and regulatory reporting while ensuring adherence to internal policies and regulatory requirements. DUTIES AND RESPONSIBILITIES: Perform ongoing monitoring of BSA/AML, compliance, and fraud activities, including review of reports, transaction alerts, and system-generated cases. Investigate suspicious activity, fraud, and account anomalies; prepare SARs, file CTRs, and complete required regulatory reporting (OFAC, FinCEN 314(a), CDD/EDD). Manage cases from alert through resolution, ensuring accurate documentation and timely escalation of high-risk issues. Monitor fraud trends, losses, and emerging risks; provide reporting and recommendations to management. Serve as the primary compliance and fraud resource for frontline staff, providing guidance, support, and escalation assistance. Communicate with members regarding fraud-related matters and coordinate with internal departments and external partners as needed. Administer fraud detection systems (e.g., Verafin), including alert review, account actions (restrictions/freezes), and case tracking. Escalate significant issues and control deficiencies to the Compliance & Risk Officer. Support compliance program effectiveness by maintaining policies and procedures, strengthening internal controls, and assisting with audits and examinations. Deliver training and education to staff on compliance requirements, fraud prevention, and regulatory expectations. Adhere to all applicable federal and state laws and regulations, including NCUA rules and regulations, BSA/AML requirements, OFAC regulations, and FFIEC guidance. Participate in Solidarity events. Perform other duties as assigned. Requirements QUALIFICATIONS: Bachelor’s degree or some college/training in related field preferred. Two to four years of compliance, BSA/AML, or risk management experience preferred. CBSAP designations. Strong knowledge of applicable laws and regulatory expectations. Commitment to excellence and high standards. Excellent written and verbal communication skills. Excellent presentation skills. Strong organizational, problem-solving, and analytical skills. Ability to manage priorities and workflow. Versatility, flexibility, and a willingness to work within constantly changing priorities with enthusiasm. Demonstrated ability to plan and organize projects. Proficient in Microsoft Office. Proven leadership and business acumen skills. Proven ability to handle multiple projects and meet deadlines. Good judgment with the ability to make timely and sound decisions. Creative, flexible, and innovative team player. Ability to work independently and as a member of various teams and committees. COMPETENCIES: Teamwork--Balances team and individual responsibilities; Exhibits objectivity and openness to others' views; Gives and welcomes feedback; Contributes to building a positive team spirit; Puts success of team above own interests; Able to build morale and group commitments to goals and objectives; Supports everyone's efforts to succeed. Member Service--Manages difficult or emotional member situations; Responds promptly to member needs; Solicits customer feedback to improve service; Responds to requests for service and assistance; Meets commitments. Project Management -- Develops project plans; Coordinates projects; Communicates changes and progress; Completes projects on time and budget; Manages project team activities. Oral Communication--Speaks clearly and persuasively in positive or negative situations; Listens and gets clarification; Responds well to questions; Demonstrates group presentation skills; Participates in meetings. Written Communication--Writes clearly and informatively; Edits work for spelling and grammar; Varies writing style to meet needs; Presents numerical data effectively; Able to read and interpret written information. Organizational Support--Follows policies and procedures; Completes administrative tasks correctly and on time; Supports organization's goals and values; Benefits organization through outside activities; Supports affirmative action and respects diversity. Motivation- Sets and achieves challenging goals; Demonstrates persistence and overcomes obstacles; Measures self against standard of excellence; Takes calculated risks to accomplish goals. Analytical--Synthesizes complex or diverse information; Collects and researches data; Uses intuition and experience to complement data; Designs workflows and procedures. Problem Solving--Identifies and resolves problems in a timely manner; Gathers and analyzes information skillfully; Develops alternative solutions; Works well in group problem solving situations; Uses reason even when dealing with emotional topics. Technical Skills- Assesses own strengths and weaknesses; pursues training and development opportunities; strives to build knowledge and skills continuously. Shares expertise with others. Interpersonal Skills- Focuses on solving conflict, not blaming; Maintains confidentiality; Listens to others without interruption; Keeps emotions under control; Remains open to others’ ideas and tries new things. Change Management- Develops workable implementation plans; Communicates changes effectively; Builds commitment and overcomes resistance; Prepares and supports those affected by change; Monitors transition and evaluates results. Ethics- Treats people with respect; Keeps commitments; Inspires the trust of others; Works with integrity and ethics; Upholds organizational values. Strategic Thinking- Develops strategies to achieve organizational goals; Understands organization’s strengths and weaknesses; Analyzes market and competition; Identifies external threats and opportunities; Adapts strategies to changing conditions. Judgement- Displays willingness to make decisions; Exhibits sound and accurate judgment; Supports and explains reasoning for decisions; Includes appropriate people in decision-making process; Makes timely changes. Initiative- Volunteers readily; undertakes self-development activities; Seeks increased responsibilities; Takes independent actions and calculated risks; Looks for and takes advantage of opportunities; Asks for and offers help when needed. Attendance/Punctuality--Is consistently at work and on time; Ensures work responsibilities are covered when absent; Arrives at meetings and appointments on time. Dependability--Follows instructions, responds to management direction; Takes responsibility for own actions; Keeps commitments; Completes tasks on time. PHYSICAL DEMANDS AND WORK ENVIRONMENT: Frequently required to stand Frequently required to sit Continually required to utilize hand and finger dexterity Continually required to talk or hear Occasionally required to lift/carry items less than 25 pounds

Responsibilities

The specialist performs operational execution of compliance, BSA/AML, and fraud prevention programs, including monitoring transactions and investigating suspicious activity. They also prepare regulatory reports, manage fraud detection systems, and provide guidance to frontline staff regarding compliance expectations.