BSA Investigator

About MCU:

At Municipal Credit Union, we believe that an incredible culture helps create a happy and motivated team that works hard to achieve the best results for themselves and their members. For more than 100 years, MCU has provided affordable financial products and convenient services to a membership base that is now comprised of over 600,000 individuals. With each new generation we have the pleasure of interacting with, we maintain the credit union promise of people helping people.

Overview: The BSA Investigator is responsible for executing on all assigned aspects of the Bank Secrecy Act (BSA), Office of Foreign Assets Control (OFAC) and Anti-Money Laundering (AML) compliance functions performed by the BSA Department and implemented throughout Municipal Credit Union (MCU).

Responsibilities:

Specific duties include, but are not limited to, the following: 

• Executes duties with respect to MCU’s BSA/AML program and OFAC program so that they operate in accordance with all applicable laws, rules and regulations
• Investigates alerts generated from MCU’s suspicious activity monitoring solution to determine if the activity is suspicious and needs to be escalated for next level review
• Investigates alerts generated from MCU department referrals, manual review of activity reports, and subpoena reviews to identify potentially suspicious activity that needs to be escalated for next level review
• Collaborates with MCU personnel regarding interactions with members to aid in investigations
• Ensures appropriate documentation is maintained and available for internal/external audits and legal requests for all work performed by staff
• Supports BSA Operations Specialist with conducting reviews of potential OFAC alerts to determine legitimacy of the alert
• Supports BSA Operations Specialist in ensuring timely and accurate identification, completion and filing of CTRs in accordance with FinCEN instructions and department standards
• Supports BSA Operations Specialist in ensuring timely and accurate review and escalation of 314(a) potential/actual matches
• Completes annual BSA/AML/OFAC training requirements and keeps current with Money Laundering and Terrorist Financing trends
• Perform other related duties as requested and special projects as assigned

Requirements:

• Highly ethical
• Bachelor’s or Associates degree in Criminal Justice, Business, or Accounting, related field or work experience required
• Minimum of three years related experience in a financial institution or in an investigatory/law enforcement position
• Familiarity with the BSA, USA PATRIOT Act, OFAC and related regulations
• CAMS and CFE certifications a plus        
• Well-organized and detail oriented        
• Good analytical skills  
• Strong communications skills, both verbal and written
• Ability to conduct thorough research  
• Ability to interpret and understand laws and regulations  
• Ability to self – manage and self – direct
• Resourcefulness and great time management skills         
• Desire to drive and invest in the achievement of extraordinary results
• Financial or Banking Compliance knowledge  
• Ability to perform in a high-volume environment and meet deadlines while maintaining exceptional attention to detail
• Technologically proficient
• Proficiency in Verafin Monitoring/Case Management (preferred)

Why you’ll be a good fit:

Our Core Values are an integral part of who we are and who we hire. By living our Core Values, every day, we continue to attract the best and brightest talent, achieve unsurpassed results and continuously challenge ourselves to be better than yesterday. These values are at the heart of our organization and within every teammate. To be a great fit, you’ll bring the following:

Results – You’ll look to achieve the best outcomes for our members. Continuously track and measure everything, and use it to always improve. Be proactive, not reactive. 

Agility – You’ll remain agile in your decision making, planning, and delivery; using curiosity and creativity to see situations from all perspectives.

Integrity – You’ll act professionally and positively. Build trust, be upfront and communicate thoroughly.

Teamwork – You’ll work to achieve common goals as part of ONE TEAM.

Ownership – You’ll hold yourself and others accountable and remain committed to our obligations while caring about the outcomes as much as an owner would. 

Belonging – You’ll embrace and environment in which any individual or group can be and feel welcomed, respected, supported and valued.

We stand by our mission to connect our members and communities with an exceptional financial future and we are looking for individuals who share this same purpose to take this journey with us.

What we can offer you:

Competitive compensation, medical and dental benefits.

401K with employer match

Flexible paid time off

We are committed to hiring, training, cultivating, promoting, and celebrating an environment where we have a welcoming and fulfilling place for all people to call home. Diversity of race, thought, sexual orientation, age, veteran status, religion, and disability will empower us to thrive as individuals, as teams, and as an organization. 

Municipal Credit Union (MCU) is an Equal Opportunity Employer. 

Municipal Credit Union provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.