Utah Accounting Jobs

Mobile utah department of workforce services Logo

Job Information

Chartway Federal Credit Union BSA/AML Manager in Salt Lake City, Utah

Job Title: BSA/AML Manager

Job Type: Full-time

Location: Salt Lake City, Utah

Reports to the VP of Enterprise Risk Management & Compliance. Manager must ensure compliance with all regulations under the Bank Secrecy Act, the USA Patriot Act, Office of Foreign Assets Control and Chartway’s BSA/AML Policy and Program.

Responsible and Accountable for:

• Lead and manage team of BSA Specialists.

• Ensures all alerts are reviewed in a consistent and timely manner by holding self and team members accountable.

• Review Chartway’s BSA/AML policy, program, and procedures at least annually to ensure they are complete, effective, accurate and updated as necessary.

• Complete the annual BSA/AML risk assessment that addresses products, services, delivery channels, members and geographies.

• Review investigations on alert escalations/cases; analyze/review financial transactions of members, employees and nonmembers to determine unusual or inconsistent activity patterns.

• Ensure the timely review/monitoring and reporting of all documents required under the BSA/AML Program – i.e. SAR reports, Currency Transaction Reports (CTR)

• Ensure thorough documentation supports all investigations and review those originated outside of the AML software -i.e. Suspicious Activity/Incident Referrals (internal notification) received from branches, external parties and lines of business.

• Drives data management/validation efforts as it relates to BSA, and to identify data anomalies as they relate to AML initiatives, BSA/AML regulations.

• Maintain an effective BSA/AML internal control structure and a Customer Identification Program

• Develop and maintain ongoing, risk-based Customer Due Diligence/Enhance Due Diligence monitoring as designated intervals and based on unusual activity.

• Lead and perform follow-up on department projects & audits

• Prepare complete & accurate leadership reports -i.e. productivity reports, committee reports, board reports.

• Maintain records and documentation as required per regulations.

• Monitor regulatory requirements including changes in laws and regulations, compliance trends and communicate /make adjustments for those changes that would impact the credit union

• Comply with all applicable federal laws, rules, and regulations relating to Anti-Money Laundering (AML) including the Bank Secrecy Act (BSA)

Knowledge, Skills and Abilities:

• Working knowledge of the federal requirements under the Bank Secrecy Act requirements including Customer Identification Program/USA Patriot Act and OFAC (Office of Foreign Assets Control)

• Ability to coordinate, monitor, maintain day-to-day compliance with requirements of Chartway’s BSA/AML policy and the BSA/AML program.

• Strong verbal and written communication skills required for interfacing with the teams, members, peer group and senior leadership.

• Strong leadership skills are required - to ensure that adequate/timely monitoring takes place (including those remotely), adequate training is provided, and staff development needs are met.

• Ability to understand, interpret, and develop various reports and data that support all functional processes.

• Ability to be a problem solver with a ‘get it done’ attitude and strongly self-motivated.

• Ability to have attention to detail and identify where process changes will improve operational efficiency.

• Ability to prioritize work, remain organized and manage multiple tasks/projects and deadlines simultaneously.

• Ability to analyze BSA/AML software analysis results and make appropriate changes to the selection criteria for improved efficiency and effectiveness, while retaining proper supporting documentation.

• Ability to understand and be aware of possible suspicious activities or transactions by members or by employees, volunteers, directors, or executives of the credit Union. Promptly provide notification as required by credit union policy if unusual activity is observed which could be an indication of financial crime or efforts to evade reporting requirements of the Bank Secrecy Act or other laws and regulations.

• Punctuality & attendance is a must

Education and Experience:

• Education: Bachelor’s degree

• Experience: 5+ years financial institution BSA/AML experience, including case investigations, SAR/CTR filings

Strong managerial experience.

Working for or with one or more lines of business is desirable.

• Preferred: Certified Anti-Money Laundering Specialist (CAMS), BSACS certification or equivalent

5 years of knowledge of branch operations, compliance and/ or auditing

Chartway offers a competitive salary and a comprehensive benefits package. Candidates must have a good credit history for consideration. Salary requirements must be included and resumes must be accompanied by a Chartway Employment Application for consideration.

Chartway Federal Credit Union is an EOE/M/F/ Disability/Vet Employer.

Send to a Friend

1)) && !window.MSStream; if (isIOS) { document.querySelector('.careerSiteHeader').removeAttribute('aria-hidden'); document.querySelector('.careerSiteFooter').removeAttribute('aria-hidden'); document.querySelector('[data-tag=\'dlgChangeLanguage\']').removeAttribute('aria-hidden'); var siblings = document.querySelector('.careerSite').children; for (var i = 0; i