BSA/AML Manager/Team Leader

BSA/AML Manager/Team Leader

GESA CREDIT UNION

•4.0 Renton, WA Job Details Full-time $83,450.81•$168,166.03 a year 1 day ago Benefits Commuter assistance Paid holidays Loan repayment program Health insurance Dental insurance Tuition reimbursement Paid time off Vision insurance 401(k) matching Volunteer time off Life insurance Qualifications Compliance risk assessment Transaction monitoring Managerial strategic planning Strategic management 7 years Internal controls Automation Regulatory compliance Compliance audits & assessments Data reporting Risk mitigation strategy implementation Improving operational efficiency Compliance management implementation Team development Supervising experience Policy & process development Bachelor's degree Team management Economic sanctions regulations Bank experience Anti-Money Laundering (AML) compliance (compliance procedures implemented) Decision making Staff training Credit union experience Productivity software Senior level Cross-functional collaboration Certified Anti-Money Laundering Specialist Project leadership Cross-functional communication Staff development Full Job Description Take a leap and join our team! At Gesa, we believe in the power of our people. Coming from all walks of life, our team members' individual stories and unique experiences are our most valuable asset. But it's how we come together, igniting our collective compassion and commitment to empowering our communities, that makes us succeed. Because we know we go further when we go together. Here you can join a team who is passionate about serving others, has a desire to do good, and shares a deep love of people. You can engage in meaningful work that impacts your community. You can challenge yourself and grow in your career. And, you can rest assured that your wellbeing and prosperity are our priority.

Get to know us:

About•

Gesa Credit Union Role Summary:

The BSA/AML Manager/Team Leader is responsible for monitoring and assessing adherence to all local, state, and federal regulations, focusing on the Bank Secrecy Act (BSA), USA Patriot Act, money laundering, Customer Due Diligence, and the Office of Foreign Asset Control (OFAC) regulations. The position is responsible for managing and leading the BSA/AML team by identifying an emerging and evolving money laundering, terrorist financing and financial crime threats, and improving the overall process, team efficiency and consistency, to build a stronger defense. This role plays a key part in the development, implementation, and ongoing management of policies, procedures, and controls designed to detect, prevent, and mitigate financial crime risks. Additionally, this position supervises BSA/AML team members and oversees assigned projects. Serve as a subject matter expert in the areas described.

What You Will Be Doing:

Manage Bank Secrecy Act functions for the credit union by overseeing day-to-day BSA activities, perform appropriate independent decision making, and reporting issues the supervisor Support the

BSA/OFAC

Officer in ensuring the proper execution of the

BSA/AML/OFAC

Program. Collaborate with the

BSA/OFAC

Officer continuously on strategic planning priorities Conduct BSA risk assessment across business units, identify changes in risks and update

BSA/OFAC

risk profiles accordingly Maintain and update

BSA/AML/CFT/OFAC

policies, procedures, and risk assessments as needed Develop and execute requirements and reporting of the annual AML/BSA risk assessments Conduct compliance reviews to identify potential areas of risk related to BSA, AML, and OFAC compliance and develop strategies to mitigate these risks Manage and implement requisite AML technology to further automate and strengthen the control environment Strategically collaborate and consult with peers, colleagues, and mid-to senior-level managers to identify current and emerging risks associated with business activities and operations, and provide guidance in interpreting, developing, and implementing risk-mitigating strategies Make decisions in complex and multifaceted situations requiring solid understanding of business's functional area or products, operations, and regulatory environment; facilitate decision-making and issue resolution, and support implementation of developed solutions and plans; influence and lead key business partners to meet deliverables and drive new initiatives Lead and participate in complex BSA/AML projects and initiatives with broad impact which are designed to mitigate current and emerging business risk issues and concerns; act as key participant in large-scale, cross-functional planning for the business Keep abreast of changes in applicable state and federal laws, regulations, and rules impacting

BSA/AML/OFAC

areas and alert supervisor of all changes and the potential impact to the Credit Union Keep supervisor informed of key operating issues affecting regulatory issues and departmental performance Assist VP of Compliance with developing policies and procedures to ensure activities are conducted in compliance with applicable laws, regulations, and rules Perform a variety of routine daily tasks; review reports and prepare correspondence. Utilize information systems as they relate to the needs, requirements and issues pertaining to regulatory compliance in areas assigned. Monitor compliance, activities, and reports with respect to areas of assigned responsibilities Participate in special and on-going department projects as requested Act as BSA compliance resource for the Credit Union Ensure that BSA team members are trained in all BSA Compliance functions, and provide select regulatory training for other team members Assist with compliance audits and examinations as needed. Communicate and coordinate Credit Union response to regulatory changes, helping to assure compliance with changing regulations Perform other job-related duties as assigned by the VP of Compliance Perform all duties and maintain all sensitive data with the highest standard of confidentiality and professionalism Attend Credit Union training sessions, conferences, or seminars on and off site as approved by team leader Make decisions and determinations using relevant details to close and/or close open cases involving unusual or suspicious activities Recognize and report high level situations that must be reported to management, law enforcement, or other regulatory agencies with urgency Identify opportunities to create efficiencies that are effective and support the Credit Union's mission Display leadership values such as mutual respect, trust, honesty and dignity, and act in the best interest of the credit union. Lead by example by displaying solid ethics and integrity at all times

About You:

Advanced knowledge of money laundering trends, business practices, and systems Advanced knowledge of BSA complex legal and regulatory issues and laws Familiarity with AML compliance software, transaction monitoring systems, and case management tools Ability to interpret and apply regulatory changes to enhance the AML compliance program Strong ability to assess AML risks, identify control gaps, and implement risk mitigation strategies Skilled in drafting, implementing, and maintaining BSA/AML policies, procedures, and internal controls Strong critical thinking and problem-solving skills to evaluate complex AML issues Ability to make sound risk-based decisions in high-pressure situations Commitment to maintaining the highest level of ethical conduct in financial crime prevention Ensures transparency and accountability in AML compliance operations Excellent interpersonal and teamwork skills. Excellent listening skills and customer service attributes Proficient in computer applications, reporting, and file/data systems

Leadership Core Competencies:

Leaders at Gesa Credit Union are lifelong learners who, by developing themselves, are better able to grow our team members and our organization as well as serve as influential role models for each other. We believe that every team leader, no matter their position or years of experience, must model and continue to strengthen these competencies which are foundational to our view of leadership and support the achievement of our strategic goals.

Leading Others Developing Others Emotional Intelligence Social Responsibility Performance & Results Orientation What You Will Need:

Bachelor's degree may be waived for a lesser degree based on years' experience in a qualified field, such as banking, regulatory compliance, BSA/AML, fraud, electronic payments, risk management, internal audit, or other analytical area At least seven (7) years of direct BSA experience with concepts, practices, and compliance techniques for AML activity and for the credit union industry is preferred Ten (10) or more years of banking/credit union experience preferred At least seven (7) years of supervisory experience preferred Certified Anti-Money Laundering Specialist (CAMS), or Certified Bank Secrecy Act Professional (CBSAP) designation are required. Proficient in computer applications, reporting, and file/data systems, various forms of technology, including transaction processing systems, case management applications, research and analytical resources, and MS Office products or similar software Advanced knowledge of money laundering trends, business practices, and BSA/AML/Fraud and case management systems Advanced knowledge of BSA complex legal and regulatory issues and laws Some travel required to complete credit union training, to obtain approved professional training, or to provide training to staff

Certifications & Licenses:

Professional certifications such as the Certified Anti-Money Laundering Specialist (CAMS), or Certified Bank Secrecy Act Professional (CBSAP) designation are required

Our Team Member Value Proposition:

In exchange for bringing your talent to Gesa, here are a just a few of the benefits and perks we offer: Competitive Pay Medical, Dental, Vision, and Life Insurance 20 days/year of Paid Time Off•Plus 10 Paid Holidays! 401(k) Match Incentive Program Tuition Assistance and Student Loan Repayment Commuter Benefits Paid Time Off to Volunteer in the Community Product discounts

Engaging Work Environment Rewards and Recognition Programs Full Salary Range:

Richland, WA:

$83,450.81•139,084.69

Spokane, WA:

$83,450.81•139,084.69

Renton, WA:

$100,899.62•168,166.03

Lynnwood, WA:

$94,830.47•158,050.78 While our full pay range is listed, most new team members typically start between the minimum and midpoint based on their experience and qualifications. This approach gives room to grow within the role as your career progresses with us!" Get wise to what's possible with a career at Gesa. Join us! We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact the HR Department at (509) 378-3100 or to request an accommodation. Gesa Credit Union reserves the right to revise or change the job description as the need arises. This job description is not all inclusive of total job responsibilities nor does it constitute a written or implied contract of employment. Selected candidate(s) must be able to pass a pre-employment credit/background check. Gesa Credit Union is an Equal Opportunity Employer and strong advocate of workforce diversity. Race/Color/Gender/Sexual Orientation/Gender Identity/Religion/National Origin/Disability/Veteran. Equal Employment Opportunity (gesa.com)