Description:
This position is fully remote and open to candidates currently residing in Washington, Idaho, Montana, & Oregon.
YOUR PURPOSE
The BSA & Fraud Specialist II conducts Anti-Money Laundering (AML) and fraud investigations, analyzes suspicious activity, and supports regulatory reporting requirements. This position independently manages routine and moderately complex investigations, identifies potential fraud and money laundering risks, prepares supporting documentation for regulatory filings, collaborates with internal and external partners, and ensures compliance with applicable Bank Secrecy Act (BSA)/AML regulations and credit union procedures.
YOU ARE RESPONSIBLE FOR
Analysis
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Monitor fraud and BSA related email boxes and be able to make sound decisions to determine next steps.
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Conduct ongoing review of transaction activity, alerts, reports, and cases to identify suspicious or fraudulent activity.
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Monitor and analyze transactions and alerts for signs of money laundering or fraudulent activity, determine if a case and further investigation are needed.
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Manage case investigations through completion, including analysis, documentation, disposition, and SAR referral when warranted. Review quarterly reports and analyze for suspicious activities.
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Conduct enhanced due diligence reviews for high-risk members.
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Investigate fraud-related activity including check fraud, ACH fraud, wire fraud, account takeover, elder exploitation, identity theft, and other financial crimes.
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Identify patterns, trends, and emerging fraud risks and escalate concerns to management.
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Conduct investigations that require strong time management, ability to multi-task, excellent judgement, and discretion. Utilize multiple tools and sources of information to make appropriate determinations regarding Credit Union responsibility and actions.
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Conduct 314(a) and 314(b) reviews. Analyze the data to determine next steps.
Compliance
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Ensure compliance with applicable state and federal regulations, specifically regarding BSA and AML statutes.
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Assist with the development and creation of internal controls and procedures used to increase regulatory compliance and reduce financial risk.
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Draft Suspicious Activity Reports (SARs) and supporting documentation for management review and approval.
Collaboration & Partnership
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Partner with front-line staff and leadership to ensure timely identification and escalation of suspicious or fraudulent activity.
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Act as a trusted advisor to business units on fraud trends, risks, and mitigation strategies.
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Communicate effectively across departments to balance member experience with fraud risk management.
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Participate in cross-functional meetings and initiatives related to fraud prevention, loss mitigation, and operational improvements
Administrative
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Conduct New Hire BSA training for all new employees of Horizon Credit Union. Assist with delivery of BSA/AML and fraud awareness training for all employees as needed.
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Provide guidance and day-to-day support to BSA & Fraud Specialist I employees. Prepare investigative reports, SAR documentation, regulatory filings, and case records. Support and assist branches and/departments in fraud situations by gathering information, writing reports, filing cases with law enforcement, assisting with bond claims, and maintaining files.
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File Currency Transaction Reports (CTR). Perform quality assurance on Currency Transaction Reports completed by Branch Operations and file with FinCEN.
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Assist with BSA/Fraud related procedure development and updates.
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Assist with cross training new BSA & Fraud Specialists as needed for department development.
SUCCESS LOOKS LIKE
Our individual contributor success competencies, coupled with our CORE Values, drive our ability to fulfill our Promise of "Guiding members in the direction of their dreams".
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Action Oriented: Takes on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm
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Collaborates: Builds partnerships and works collaboratively with others to meet shared objectives. Readily acts on challenges, without unnecessary planning
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Instills Trust: Gains the confidence and trust of others through honesty, integrity, and authenticity
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Communicates Effectively: Develops and delivers communications that convey a clear understanding of the unique needs of different audiences
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Member Focused: Builds strong member relationships and delivers member-centric solutions, both internally and externally
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Self-Development Focused: Actively seeks new ways to grow and be challenged using both formal and informal development
COMPENSATION
At Horizon Credit Union, we believe in attracting and retaining talented team members who embody our CORE Values of Capability, Optimism, Responsibility and Empathy. Our pay values are reflected in our compensation philosophy which rewards individual performance and the potential to contribute to our teams’ overall success long-term.
The full pay range for this position across all the states in which we hire is $23.17 to $32.44. The figures shown represent the minimum and maximum of the range for this role. Individual offers are made dependent upon a candidate’s experience, education, and skill level.
Benefits, Perks, and Other Good Stuff
We know there’s more to life than just a job. Our benefits are designed to help support our employees and their well-being. Take a look at what we have to offer:
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Medical, Dental, & Vision Insurance for full-time and reduced full-time employees & their families
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Telemedicine for part-time employees
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Paid Group Life and Disability Insurance
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Employee Assistance Program
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Tuition Reimbursement Program
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401K Retirement Savings
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Employer 401K Retirement Contributions & Matching upon eligibility
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Discretionary Annual Incentive Bonus based on eligibility criteria
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Paid Time Off per Full Calendar Year:
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10 hours of PTO per month (prorated for reduced full-time and part-time)
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Paid Birthday Holiday
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2 Paid Wellness Days
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Up to 24 hours of Paid Volunteer Time annually
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11 Paid Holidays
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And More!
Requirements:
EXPERTISE YOU NEED
Education & Experience
Four or more years of professional work experience with an additional minimum of two years of experience directly related to: BSA, financial crimes or other fraud investigation and/or training. Equivalent combination of experience and education with a preferential focus in accounting/finance, criminal justice, business, economics, and/or cybersecurity will be considered.
Capabilities
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Working knowledge of most MS Office applications, including expertise with Word & Outlook.
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Strong knowledge of BSA and ability to stay updated/informed in an ever-changing regulatory environment.
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Clearly communicates oral and written procedures in simple and understandable manner.
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Resolves problems by creative and logical thinking.
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Strong ability to prioritize ongoing tasks.
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Excellent attention to detail along with strong written, oral communication and organizational skills.
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Exceptional organizational and analytical skills; demonstrated skills in critical thinking, problem-solving, strong decision-making skills, and ability to manage changing priorities.
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Self-directed and possess the ability to work independently and balance competing priorities.
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Resourceful, proactive, will maintain confidentiality of records and information.
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Analyzes data, find patterns, and identify discrepancies, ability to “think outside the box.”
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Actively displays diplomacy, tact and professionalism in actions and appearance.
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Responsible for having a cooperative and positive attitude toward members and credit union staff.
ABLE TO
To perform the essential functions of this position an employee must be able to meet the following workplace demands: ability to converse with others, detect sound, identify, and detect objects, count, read, write, operate a computer, handle and feel objects, reach with hands/arms and be stationary and/or stand and/or move for long periods of time. Position requires sound reasoning, good judgment and ability to apply knowledge toward work activities. The noise level is moderate and typical of a normal office environment. In accordance with the Americans with Disabilities Act, Horizon Credit Union will provide reasonable accommodation/s to qualified individuals with disabilities to perform the essential functions, unless such accommodations would cause the employer an undue hardship. To request an accommodation, please contact Human Resources.
ABOUT THIS JOB DESCRIPTION
The statements in this job description are intended to describe the essential functions and minimum qualifications for this position and are not intended to be an exhaustive list of all responsibilities, duties and skills required. Job descriptions are not intended, nor do they create an employment contract and are subject to change at any time to accommodate business necessity. The Credit Union maintains its status as an at-will employer where applicable. In support of Horizon CU’s goals employees may perform other duties as assigned and all employees are expected to:
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Exemplify our CORE Values.
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Promote teamwork and collaboration.
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Provide our members with the highest quality service.
