Position: BSA Analyst - Hybrid Remote
Location: Sunnyvale, CA
Job Id: 750-11144# of Openings: 1
EXCELLENT PAY AND BENEFITS!
Be a part of one of the most successful financial institutions in the country!!
Star One Credit Union is one of Silicon Valley's largest, member-owned financial institutions. Star One offers financial services to more than 129,000 members worldwide. With assets over $9 billion, Star One is ranked 19th in total assets among over 4,900 credit unions nationally. For ten years in a row, Star One has been ranked #1 by America's Credit Unions for providing the highest direct financial benefit to the members we serve.
We offer AMAZING BENEFITS that help keep our employees healthy and shining bright!!!
- 401(k) Plan, Match, and Profit Sharing
- Annual Wellness Benefit
- Education Assistance
- Employee Loan Discounts
- Medical, Dental, and Vision (Effective date of hire)
- Paid Holidays
- Paid Time Off Program
- Staff Incentive Variable Pay (Bonus)
Job Title: BSA Analyst
Hours: 8:30 a.m. - 5:15 p.m. Monday through Friday (employees working the Friday evening rotation are scheduled to 6:00 p.m.) and rotating Saturdays 7:30 a.m. – 4:00 p.m. with a day off during the week.
Salary Range: $72,100 - $99,100, which is base pay.
Compensation will be based on candidate qualifications.
Job Scope/Duties:
- Works independently and as part of a team to complete the daily review and execution of processes and investigations related to Bank Secrecy Act (BSA) and Anti-Money Laundering (AML).
- Supports the daily processing, monitoring, and analysis of dormancy reports, close monitoring, BSA/AML reports and alerts.
- Prepares all necessary FinCEN and government filings, including SARs and CTRs, as required and within established timeframes.
- Monitor member accounts in the BSA/AML platform and perform reviews of high-risk customers.
- Alert the BSA-Fraud Prevention Manager of any accounts that pose a high risk to the credit union and take appropriate action.
- Completes OFAC and FinCEN database scanning as applicable.
- Obtains and researches required documentation and other information pertinent to individual cases. Adheres to legal requirements and responsibilities in accordance with the law.
- Works with Support Services to respond to law enforcement agency inquiries regarding fraudulent or criminal matters and prepares and responds to incoming subpoenas and search warrants from law enforcement agencies.
- Acts as a liaison with law enforcement (federal, state and local) and social service agencies by providing detailed information and pursue prosecution/restitution as appropriate. Supports fraud prevention, processing, and mitigation efforts, as needed.
- Interacts with members, staff, and related vendors, and employs collection efforts to ensure repayment and mitigation of losses to the Credit Union.
- Performs other job-related duties as assigned.
Position: BSA Analyst - Hybrid RemoteLocation: Sunnyvale, CA
Job Id: 750-11144# of Openings: 1EXCELLENT PAY AND BENEFITS!
Be a part of one of the most successful financial institutions in the country!!
Star One Credit Union is one of Silicon Valley's largest, member-owned financial institutions. Star One offers financial services to more than 129,000 members worldwide. With assets over $9 billion, Star One is ranked 19th in total assets among over 4,900 credit unions nationally. For ten years in a row, Star One has been ranked #1 by America's Credit Unions for providing the highest direct financial benefit to the members we serve.
We offer AMAZING BENEFITS that help keep our employees healthy and shining bright!!!
- 401(k) Plan, Match, and Profit Sharing
- Annual Wellness Benefit
- Education Assistance
- Employee Loan Discounts
- Medical, Dental, and Vision (Effective date of hire)
- Paid Holidays
- Paid Time Off Program
- Staff Incentive Variable Pay (Bonus)
Job Title: BSA Analyst
Hours: 8:30 a.m. - 5:15 p.m. Monday through Friday (employees working the Friday evening rotation are scheduled to 6:00 p.m.) and rotating Saturdays 7:30 a.m. – 4:00 p.m. with a day off during the week.
Salary Range: $72,100 - $99,100, which is base pay.
Compensation will be based on candidate qualifications.
Job Scope/Duties:
- Works independently and as part of a team to complete the daily review and execution of processes and investigations related to Bank Secrecy Act (BSA) and Anti-Money Laundering (AML).
- Supports the daily processing, monitoring, and analysis of dormancy reports, close monitoring, BSA/AML reports and alerts.
- Prepares all necessary FinCEN and government filings, including SARs and CTRs, as required and within established timeframes.
- Monitor member accounts in the BSA/AML platform and perform reviews of high-risk customers.
- Alert the BSA-Fraud Prevention Manager of any accounts that pose a high risk to the credit union and take appropriate action.
- Completes OFAC and FinCEN database scanning as applicable.
- Obtains and researches required documentation and other information pertinent to individual cases. Adheres to legal requirements and responsibilities in accordance with the law.
- Works with Support Services to respond to law enforcement agency inquiries regarding fraudulent or criminal matters and prepares and responds to incoming subpoenas and search warrants from law enforcement agencies.
- Acts as a liaison with law enforcement (federal, state and local) and social service agencies by providing detailed information and pursue prosecution/restitution as appropriate. Supports fraud prevention, processing, and mitigation efforts, as needed.
- Interacts with members, staff, and related vendors, and employs collection efforts to ensure repayment and mitigation of losses to the Credit Union.
- Performs other job-related duties as assigned.
Experience/Minimum Education Requirements:
- Requires four to six (4-6) years of relevant and progressive financial services experience.
- Bachelor’s degree in business administration, Accounting, Finance, or the equivalent level of education and experience in BSA, AML and fraud.
- ACAMS - Certified Know Your Customer Associate (CKYCA) - Preferred.
Knowledge/Skills/Abilities
- Requires strong knowledge of BSA/AML requirements, check regulations and strong
- research/problem solving skills.
- Understanding of complex financial institution practices, policies, procedures and regulations.
- Strong written and verbal communication skills required.
- Must be analytical, detail oriented and organized.
- Ability to effectively address multiple tasks/priorities and work independently with limited supervision.
- Must be a strong team player with the ability to provide courteous, friendly, and excellent member service in a fast-paced environment.
- Requires proficiency with Microsoft Office to include Excel, Outlook, PowerPoint, Teams and Word.
MUST HAVE GOOD CREDIT.
We are a proud Equal Opportunity/AAP Employer M/F/Vet/Disable