Job description

Job Description: *
Mission: *
In the Senate Community tradition of service, we strive to improve the financial wellness of our members throughout all stages of life by integrating sustainability and security into every financial solution.
Culture Competencies: S.T.R.I.V.E

• Maintains our members’ and employees’ trust by safeguarding their financial data and information.
• Values and respects everyone’s abilities, opinions and feedback to achieve trust, safety, and well-being in a friendly, welcoming and cooperative environment. Actively devoted to our motto of "better together".
• Is honest, professional, authentic, and genuine in creating relationships that are uncompromising and true to ethical principles.
• Generates new ideas, supports change, provides new efficient solutions and solves problems creatively while balancing risk.

General Summary
The Risk and Compliance Analyst, under general supervision and in compliance with all federal and state regulations and established USSFCU policies and procedures, is responsible for investigate, research, analyze and evaluate complex account transactions and relationships for suspicious or unusual activity to mitigate regulatory, reputational and compliance risk. This position requires attention to detail, as well as excellent analytical skills to identify suspicious and/or fraudulent activity.
Major Duties & Responsibilities

• Reviews and investigates potential occurrences of suspicious activity and/or fraudulent activity via several avenues including automated monitoring alerts in the USSFCU’s transaction monitoring system, suspicious activity referrals received internally, regulatory inquiries or subpoenas received, or as a result of 314(a) inquiries.
• Reports occurrences of suspicious activity investigated to FinCEN in accordance with regulatory requirements and industry standard best practices. Provides thorough analysis of investigation results in the SAR, indicating the 5 W’s of the activity and method of operation.
• Performs 90-day SAR follow-up reviews; makes a recommendation as to whether or not a continuing activity SAR should be filed.
• Performs quality assurance on Currency Transaction Reporting (CTR) before filing for completeness and accuracy.
• Completes all tasks necessary to facilitate the required 314(a) searches on a bi-weekly basis, including retrieval of the files from SISS, loading of the files accordingly into the appropriate internal systems, and reviewing, dispositioning, or escalating, as necessary, any potential results.
• Reviews and assess potential sanctions hit for members and in transactions, utilizing internal procedures and industry standard best practices for disposition of false positives and escalation of potential matches. Maintains the OFAC sanctioned country list, ensure it is up to date, and evaluate affected accounts when the list is modified.
• Performs Enhanced Due Diligence (EDD) investigations to meet regulatory requirements. Periodically evaluate the database to identify changes which may be required to risk classification or due diligence requirements.
• Assists in transaction testing, data validation, and ongoing customization of USSFCU’s automated Screening and Monitoring systems.
• Support the development and implementation of policies and procedures, including conducting training, as needed.
• Complies with all applicable Rules, Regulations, and Statutes of the NCUA and other appropriate governing bodies to include but not limited to: the Credit Union Bylaws, Credit Union Code of Conduct, Credit Union Employee Guidebook, Bank Secrecy/Anti-Money Laundering Act, Fair Housing Act, Fair Lending Act, and Fair Credit Reporting.
• Performs other duties as assigned.

Required Experience:
*
Education: *Bachelor’s Degree or combination of education and equivalent experience. CAMS, CFE or relative Certification preferable.
Experience: 3+ years relevant experience. Candidates will be evaluated and leveled based on previous experience. Good prioritization and time management skills to deliver on multiple tasks. Strong attention to detail and follow-up skills. Technical proficiency in MS Office Suite programs, such as Word and Excel.
Communication: Excellent oral and written communication skills required. Customer focused with excellent interpersonal skills and ability to work well in a team environment collaborating across diverse teams.
Location: Remote Eligible.
Supervisory: None Required.
Time in Service: None Required.

Equal Opportunity Employer/Veterans/Disabled
An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status, and will not be discriminated against on the basis of disability.
From: United States Senate Federal Credit Union

Job Type: Full-time

colinoncars.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, colinoncars.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, colinoncars.com is the ideal place to find your next job.