BSA/AML Compliance Coordinator

USPS FCU
DC metro area Credit Union seeks a BSA/AML Compliance Coordinator to ensure the Credit Union complies with all laws, regulations and industry best practices. The BSA/AML Compliance Coordinator assists in implementing and maintaining the Credit Union’s Compliance Management System to ensure conformity and adherence with all applicable state and federal laws and regulations.

Region: Maryland 

Position Requirements: 
Must have a minimum of three years proven knowledge and experience of BSA/AML, OFAC, HMDA, NMLS and all other applicable industry regulations.
Excellent communication and inter-personal skill are paramount as this position works closely with all Credit Union departments as well as State and Federal examiners and internal auditors.
The ability to lead, maintain confidentiality and work under pressure while meeting deadlines.
Solid analytical and problem solving skills with experience in conducting investigations. 
Candidates considered for employment must be bondable and pass a credit and background check.

Position Responsibilities: 

Key responsibilities for the BSA/AML Compliance Coordinator include: 
Maintains programs, processes and procedures to ensure compliance with BSA/AML and OFAC regulations via testing, data analysis, and investigation of transaction alerts from the Credit Union’s monitoring system Verafin.
Implements and manages investigative procedures designed to identify high risk members and to submit Suspicious Activity Reports for BSA-AML related activities, as needed.
Reviews Currency Transaction Reports (CTR) for quality, completeness and accuracy; ensures accurate data entry and completion of CTRs for electronic filing.
Receives and reviews FinCEN report. Refers recommendations for possible true matches for communication to FinCEN.
Works closely with the Marketing Department to ensure all marketing compliance requirements are met (e.g., loan offers, signage, brochures, media advertising, promotional items, Internet, mobile apps, etc).
Develops and updates compliance policies, procedures, systems and tools. Prepares and updates board memos.
Lends appropriate support to all organizational departments in compliance with State and Federal rules, laws and regulations, to include supporting branch operations with day-to-day compliance related questions and conducts branch visits, as needed, to ensure regulatory compliance.
Responsible for compliance of all Federal and State rules and regulations pertaining, but not limited to, Bank Secrecy Act, Anti-Money Laundering, Bank Bribery Act, OFAC, NCUA Privacy Regulations, Reg DD, Reg D, Reg E, Reg CC, Reg Z, Reg B, Service Members Civil Relief, FCRA/FACTA, Right to Financial Privacy Act, and ESIGN.
Lends appropriate support to all organizational departments in compliance with State and Federal rules, laws and regulations, identifying those that have any bearing on the Credit Union’s operations.
Facilitates staff training to ensure NCUA training requirements are met as well as ensuring staff is adequately trained to assess BSA and compliance issues and resolve them in a timely manner.
Conducts general staff training, as necessary.
Completes all on-going education, training and professional development as required for position.

Company Info: 
We offer an excellent employee benefit program including access to FCU products and services, medical, dental, vision, 401(k), and flexible spending accounts, paid: life insurance, disability benefits, paid time off and holidays.

Application Instructions: Email resume and cover letter to employment@uspsfcu.org.