BSA/Compliance Specialist Position Available In Cumberland, Maine

BSA/Compliance Specialist 2.8 2.8 out of 5 stars 600 Sable Oaks Drive, South Portland, ME 04106

Description:

Atlantic Federal Credit Union is seeking a BSA/Compliance Specialist to join our team! With this role you will play a critical role in maintaining our commitment to regulatory excellence. We are seeking a detail-oriented professional to oversee our Bank Secrecy Act (BSA) and compliance programs, ensuring adherence to all legal and procedural requirements. If you have a keen eye for detail, a passion for compliance, and the ability to navigate complex regulations effectively, we invite you to contribute to our organization’s success and help safeguard our operational integrity.

Responsibilities:

Ensure BSA compliance by maintaining knowledge of reporting and record-keeping requirements. Oversee BSA-related reports, such as Currency Transaction Reports and FinCEN 314a requests, and inform relevant parties about compliance issues. Support the information gathering process aligned with customer due diligence. Provide AML/CFT and OFAC compliance training and guidance to staff. Collaborate with retail and operational areas to update BSA standards and procedures. Handle timely filing and retention of Currency Transaction and Suspicious Activity Reports and conduct annual reviews of Privately Owned ATMs. Support the Credit Union’s compliance programs through training, monitoring, and reporting. Stay informed on compliance issues affecting policies and procedures and assist in implementing necessary changes. Prepare Suspicious Activity and Member Complaint Reports for the Supervisory Committee and update the Board Policy Presentation schedule. Provide ongoing support for Vendor Management, Records Retention, and Member Complaint programs and other compliance tasks as assigned. Review daily OFAC alerts and report on true matches. Support the Financial Crimes Specialist by researching and resolving AML alerts through Verafin by analyzing account behavior and transactions. Use reports and software to monitor and mitigate potential fraud and suspicious activity to reduce risk to the credit union and its members. Assist with coordinating the AML software system and resolving generated AML alerts. Provide prompt, positive and professional internal and external member service via telephone and/or electronic requests; resolve problems that are within authority; refer issues, problems, or member needs beyond authority to supervisor or appropriate representative with recommendations. Atlantic is an

Equal Opportunity Employer Requirements:

One to three years of similar or related experience Prior experience within BSA/compliance and/or completion of specialized training. Previous experience within Credit Unions or other financial institutions is ideal. Superior written and verbal communication