Compliance Specialist

Essential Functions & Responsibilities:

• Oversee the CTR process by reviewing excessive cash transactions, preparing and filing CTRs, and monitoring submissions for accuracy, completeness, and timeliness. Investigate and resolve CTR-related issues by researching discrepancies, adjusting filings, and addressing exceptions.
• Maintain sanctions compliance by updating SDN lists and screening systems and processing 314(a) requests within required timeframes.
• Provide internal and external member support by phone, email, and mail. Serves as a point of contact to educate and support with information related to specific duties.
• Conduct reviews of Monetary Instrument Logs and coin counting machine transactions to ensure completeness, detect unusual activity, and maintain regulatory and policy compliance.
• Review account-related risk indicators, including dormant account address changes and override reports, to identify potentially suspicious activity and ensure proper approvals.
• Support broader compliance monitoring activities related to member account maintenance and transactional reviews, including processing and tracking W8-BEN documentation.
• Support compliance operations by assisting with audits, examinations, and participating in other initiatives and projects. Maintains procedures and reports related to specific duties.
• Identify and escalate compliance concerns, suspicious activity, and control weaknesses.
• Performs other job-related duties as assigned.

Performance Measurements:

• No findings from our NCUA and internal audits.
• Maintain up to date knowledge and ensure compliance with all rules and regulations concerning job responsibilities.
• Ensure that CTR filings, OFAC screenings, and 314a requests are accurate and submitted on time.
• Perform assigned reviews and reports promptly and accurately.
• Provide informed, professional, accurate service and support to all members, employees, and law enforcement contacts.
• Consistently produce high-quality work that requires minimal corrections.

Knowledge And Skills: Experience: One to three years of similar or related experience in a credit union or financial institution is preferred. In addition, a base knowledge of Anti-Money Laundering, Countering the Financing of Terrorism, OFAC, Fraud, and/or Compliance program is preferred.

Education: (1) A two-year college degree or (2) Completion of a specialized course of study at a business or trade school, and (3) BSA certification preferred or able to obtain BSA certification within a specified time is required.

Interpersonal Skills: Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation. Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication.

Other Skills:

• Demonstrate proficiency in utilizing credit union systems, software applications, and office equipment required to perform assigned responsibilities
• Proven ability to collaborate effectively with cross-functional teams while demonstrating strong interpersonal skills.
• Capable of working independently with minimal supervision, exercising sound judgment and decision-making when needed.
• Excellent verbal and written communication skills, with a demonstrated ability to gain departmental buy-in for compliance policies and procedures.
• Highly organized, with the ability to manage and prioritize multiple complex tasks simultaneously across various levels.
• Requires critical thinking to analyze data, derive facts, and utilize independent judgment.
• Experienced in using software and tools for documentation, analysis, and research within compliance-related areas.
• Strong work ethic and desire to enhance the knowledge base, technical skills, and self-motivation.

Physical Requirements: Light lifting is required.

Behaviors

Preferred

• Dedicated: Devoted to a task or purpose with loyalty or integrity
• Detail Oriented: Capable of carrying out a given task with all details necessary to get the task done well

Motivations

Preferred

• Self-Starter: Inspired to perform without outside help
• Ability to Make an Impact: Inspired to perform well by the ability to contribute to the success of a project or the organization

Equal Opportunity Employer

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