AML/CFT Associate/Hybrid

Summary

• Assists in the administration of the Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) Program and related procedures in accordance with the Credit Union’s policies, procedures and applicable federal regulations.

Key Responsibilities

• Uses transaction monitoring software to analyze, and decision or escalate BSA/AML and, CDD/EDD alerts.
• Manages cases and prepares SAR for filing with FinCEN.  
• Monitors and accurately processes Currency Transaction Reports (CTRs) meeting regulatory reporting timeframes.
• Reviews and decisions OFAC and 314(a) related reports/alerts and escalates cases as needed.
• Monitors the transaction monitoring software for disruptions to daily processes and escalates issues timely.
• Completes various quality control reviews and monitoring of the AML/CFT and OFAC program requirements.
• Supports periodic risk assessments and audits for the AML/CFT program
• Supports departmental special projects as needed.
• Stays abreast of compliance related subjects by participating in professional organizations, coursework, workshops, conferences, meetings, by reading professional literature, documenting and sharing information.
• Is responsible for adhering to operational controls, including compliance with all required regulations and policies such as the AML Act of 2020, Bank Secrecy Act (BSA) and Office of Foreign Assets Control (OFAC) to ensure the safety and soundness of the Franklin Mint Federal Credit Union and its members.

Education/Experience

• Bachelor’s degree preferred with at least 3 years of experience working for a financial institution in anti-money laundering, fraud,   compliance or equivalent

Other Qualifications

Strong demonstrated abilities required:

• Interpersonal/Team Player
• Presentation Skills
• Motivated/Works Independently
• Analytical/Problem Solving
• Organizational Skills
• Project Management Skills
• Detail Oriented
• Verbal/Written Skills
• Microsoft Office
• Prioritize/Multi-task

Also required:

• Must maintain confidentiality
• Basic knowledge of Credit Union services, products and Bank Secrecy Act regulatory requirements
• Ability to communicate and interface directly with staff at all levels of the organization, as well as local and federal authorities

Physical Requirements

• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to talk, hear, and sit. This position requires standing, walking, bending, kneeling, stooping, crouching. The employee may occasionally lift and/or move items over 15 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus.

Other Duties

• This job description is not intended to be an all-inclusive list of responsibilities required for this job. Responsibilities may be assigned or changed at any time.

What we offer our team members:

• A competitive salary
• Team Based Incentives and Performance Bonus Opportunities
• Referral Incentive Opportunities
• Generous Paid Time Off
• Medical, Dental and Vision plans
• Health Savings Account with employer contribution
• Flexible Spending Accounts
• 401K with employer contribution and match
• Employer paid life insurance/AD&D
• Supplemental insurance plan options
• Employer paid Short and Long term disability programs
• Paid Family Leave
• Tuition Reimbursement
• Training and Development Programs
• Paid Holidays
• Paid Volunteer Time Off
• Employee Assistance Programs
• Pet Insurance
• YMCA360 Access

Equal Employment Opportunity

• FMFCU/SFN is an equal opportunity employer and prohibits discrimination against any applicant or employee based on any legally-recognized basis, including, but not limited to: race, color, religion, sex (including gender identity, sexual orientation, and pregnancy), age (40 and over), national origin or ancestry, physical or mental disability, genetic information, veteran status, uniformed service member status or any other status protected by federal, state or local law.

Offered pay rate for this position typically aligns with the minimum to midpoint of the salary range and varies based on factors such as qualifications and experience, budget, and internal alignment.

Salary : $21 - $28