AustinRecruiter Since 2001
the smart solution for Austin jobs

Bank Secrecy Act Specialist

Company: Velocity Credit Union
Location: Austin
Posted on: July 15, 2019

Job Description:

Job Location Main - Austin, TX Bank Secrecy Act Specialist We're looking for dynamic, extraordinary people with a passion to provide outstanding service and financial solutions to our members. If you enjoy working in the service industry, offering problem-solving solutions while building relationships that create long-lasting connections, this may be the job for you! Essential Responsibilities:

  • Knowledgeable of Bank Secrecy Act and Anti-Money Laundering laws and regulations.
    • Collect appropriate documentation to evaluate and recommend the submission of suspicious activity reports (SARs) and/or bank referrals.
    • Run queries and analyze transaction data against customer profiles.
    • Performing enhanced due diligence on high-risk customers as identified through the credit union's enterprise fraud detection and BSA/AML software.
    • Conducts periodic/recurring reviews of high-risk accounts to evaluate risk for the credit union.
    • Audit staff CDD/EDD forms for accuracy.
      • Utilize enterprise software to monitor the credit union membership and its affiliates against OFAC Watchlists and any other related lists such as FinCEN 314(a).
      • Work closely with the Fraud team and BSA Officer to make recommendations, identify trends, and evaluate financial activity risks. Your day-to-day: The BSA Specialist is responsible for monitoring and assessing adherence to state and federal regulations, focusing on the Bank Secrecy Act (BSA), USA Patriot Act, Red Flags, Anti Money Laundering (AML), the Office of Foreign Asset Control (OFAC) and Customer Identification Program (CIP). Identify unusual customer transaction patterns indicative of suspicious activity; interact with BSA/AML systems to document alerts and investigations. Investigate suspicious activity and be responsible for the preparation and filing of Currency Transaction Reports and well-written Suspicious Activity Reports within regulatory timelines. Additionally, this position assists with developing, implementing and updating policies and procedures to ensure compliance with laws and regulations. Why Velocity? At Velocity, our mission is to provide our members personalized service and unique value as their local banking alternative. We take pride in our work culture, exemplify our core values daily, and stand by the credit union philosophy of "People Helping People" to continue to drive our vision of making a positive impact on our members and their financial goals. This position offers competitive pay, great benefits including medical/dental/vision, 401(k) with matching, flexible spending accounts, a fun working environment and culture, generous paid time off, company-paid life insurance and disability, referral bonuses, paid holidays, discounted gym membership, tuition reimbursement, training and ongoing coaching, opportunities for career growth, employee reward and recognition system, employee and family events, and more! Velocity provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, genetics, sexual orientation, national origin, age disability, or status as a covered veteran in accordance with applicable federal, state and local laws.

Keywords: Velocity Credit Union, Austin , Bank Secrecy Act Specialist, Other , Austin, Texas

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Other Other Jobs


Now Hiring: Work From Home
Description: Easy Application
Company: Work From Home.FindDreamJobs.com
Location: Georgetown
Posted on: 07/17/2019

Project Coordinator/Assistant
Description: PROJECT COORDINATOR/ASSISTANT: Skilled Professional
Company: A+ Glass and Mirror
Location: Bryan
Posted on: 07/17/2019

Bid On Local Roofing Jobs - Reach New Customers In Your Area
Description: Over 25 million homeowners have trusted HomeAdvisor 1800Contractor to help them find quality professionals with the expertise to turn their home improvement
Company: HomeAdvisor
Location: Temple
Posted on: 07/17/2019


Run your own part-time business /AVON Glam Gig - Sign up today only $30 and choose a FREE Gift Set
Description: Work from Home - Avon Sales Representative br About the Job br Work when you want and where you want. - make your own schedule. br Whatever your background, whether you come from Customer Service, (more...)
Company: Avon
Location: Bryan
Posted on: 07/17/2019

Inbound Travel Consultant
Description: Assisting Inbound Business Customers with their Corporate Travel Bookings. Must be professional and have previous international travel booking experience. We are the number one contact center and client (more...)
Company: Mommy Jobs Online
Location: Bryan
Posted on: 07/17/2019

Avon Glam Gig- Work from Home with Flexible Hours- Start today only $30 and choose FREE Gift Set
Description: Work from Home - Avon Sales Representative br About the Job br Work when you want and where you want. - make your own schedule. br Whatever your background, whether you come from Customer Service, (more...)
Company: Avon
Location: Temple
Posted on: 07/17/2019

Own your own Franchise: Investment starts at $30k
Description: Instead of getting another
Company: FranchiseHelp
Location: Bryan
Posted on: 07/17/2019

Avon Glam Gig- Work from Home with Flexible Hours- Start today only $30 and choose FREE Gift Set
Description: Work from Home - Avon Sales Representative br About the Job br Work when you want and where you want. - make your own schedule. br Whatever your background, whether you come from Customer Service, (more...)
Company: Avon
Location: Georgetown
Posted on: 07/17/2019

Run your own part-time business /AVON Glam Gig - Sign up today only $30 and choose a FREE Gift Set
Description: Work from Home - Avon Sales Representative br About the Job br Work when you want and where you want. - make your own schedule. br Whatever your background, whether you come from Customer Service, (more...)
Company: Avon
Location: Georgetown
Posted on: 07/17/2019

Delivery Partner - Weekly Pay
Description: Delivering with Uber is an easy way to earn money in your spare time. You sign up, deliver whenever it works for you, and get paid every week.Why deliver with Uber ul li Flexibility: With Uber, you're (more...)
Company: Uber Eats
Location: Georgetown
Posted on: 07/17/2019

Log In or Create An Account

Get the latest Texas jobs by following @recnetTX on Twitter!

Austin RSS job feeds