Job Details

Seeking BSA Compliance Specialist - Santa Maria CA








Santa Maria, California, United States


Banking and Finance, Customer Service, Administrative - Accounting - Finance




1561 BSA Compliance Specialist - Santa Maria CA

Full Time

1561 BSA Compliance Specialist
Full-time Non-Ex Reg Full-Time Clerical
Santa Maria, CA 93454
Please apply online

Under the direction of the Bank Secrecy Act Officer, the BSA Compliance Specialist assists with the administration of Bank Secrecy Act (BSA), Office of Foreign Asset Control (OFAC), Anti-Money Laundering and Terrorist Financing (AML), and Customer Identification Programs (CIP) activities.   Assists in the maintenance of the Credit Union’s compliance program as well as meeting and maintaining all federal, state and agency compliance requirements. 

Essential Functions
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The following statements are intended to describe the general nature and level of work being performed by this position.  It is not intended to be an exhaustive list of all duties, responsibilities, and skills required of this position.  Other duties may be assigned to meet business needs.
Maintains and monitors all changes and amendments regarding state and federal regulations affecting Credit Union operations relating to Bank Secrecy Act (BSA), Office of Foreign Asset Control (OFAC), Anti-Money Laundering and Terrorist Financing (AML) and Customer Identification Programs (CIP).
Ensures Credit Union compliance with BSA, OFAC, AML, and CIP.
Assists employees in answering member inquiries regarding regulatory and procedural processes relating to BSA, OFAC, AML, and CIP.
Identifies control deficiencies, duplication of effort or lack of compliance, and provides alternatives.
Ensures proper documentation and record keeping.
Reviews account records and verifies data processing reports for accuracy.
Identifies discrepancies and problems and reports them to appropriate management.
Communicates with management and employees on regulations, procedures, and operational changes.
Reviews and monitors consumer and business accounts for unusual or suspicious activity and completes Suspicious Activity Reports (SARs) when needed.
Ensures that CTRs and SARs are submitted accurately and within regulatory time requirements. 
Trains employees on the Bank Secrecy Act, OFAC, AML, and CIP.
Pursues specialized Bank Secrecy Act training and re-certification to keep abreast of the constant changes in state and federal regulations.
Maintains current job knowledge of Credit Union policies, procedures, and services.
Regularly attends and participates in in-house training.
Performs duties as assigned by management and may be assigned to work at any location.
The qualifications listed below are representative of the knowledge, skill and/or ability required to perform the essential functions of this position.

Education and Experience
Five or more years increasingly responsible related experience within a financial institution.
Knowledge of branch operational activities and a variety of federal and state laws and regulations.
Certificates, Licenses and Registrations
BSA Compliance Specialist certification, or successful completion of BSA Compliance School and possession of certification within six months of hire.
Well-rounded background in all aspects of credit union department functions, policies, and procedures.
Credit union laws and regulations.
Advanced skills with MS Office Suite (Word, PowerPoint, Excel) required, as well as auditing software.
Other Skills and Abilities
Operates a variety of office equipment, machines, audio/visual equipment and aids, cameras and other digital equipment.
Travels, attends, and participates in meetings, seminars, and conferences held before and after normal business hours that may require unaccompanied long-distance travel and overnight lodging.
Ability to work a variety of hours, including evenings and weekends.

Please apply online