5 Jobs in Suitland, MD
Andrews Federal Credit Union is Hiring a Compliance Specialist Near Suitland, MD
- 12 paid holidays a year including your birthday
- Affordable healthcare plans and Employer Paid FSA accounts
- Career development, training opportunities, career coaching, and tuition reimbursement
- Retirement plans with a competitive matching option
- Childcare stipend to help working families
- Reviews daily cash reports and Monetary Instrument reports to identify required Currency Transaction Report (CTR) filings. Reviews CTRs prepared by branch personnel for accuracy and files CTRs with FinCEN.
- Investigates alerts and referrals to identify and report on suspicious activity on cases of various complexity.
- Conducts OFAC scans to investigate new accounts (deposits and loans) to assist staff and maintain compliance with the credit union’s Customer Identification Program (CIP).
- Under supervision, uses individual judgement to determine whether transactions, events, or processes, comply with laws, regulations or credit union standards.
- Helps maintain a Watch List of members and investigates continued suspicious activity. Contacts other financial institutions to share information on suspicious activity and to assist in SAR filing determinations.
- Maintains records of compliance with OFAC, FinCEN’s 314(a) requests, and other USA Patriot Act requirements as applicable, including but not limited to OFAC scan documentation and blocked account reports, and 314(a) requests and analysis.
- Provides input to management on control weaknesses, policy enhancements and training needs, as applicable, to ensure BSA/AML/OFAC compliance.
- Compiles research information to assist in preparation of monthly report for submission to the Board of Directors containing changes to the BSA Program and statistical information on CTR and SAR reporting.
- Remains cognizant of and adheres to Andrews Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act to include internal training. Attends external BSA related training as needed to keep abreast with BSA regulations.
- Assists in the administration of the automated BSA/AML system, researches, and resolves alerts and conducts investigations within the system.
- Pays attention to details and uses critical thinking to identify and correct data discrepancies.
- Attends work regularly, limits tardiness and absences according to personnel policies regarding leave usage.
- Interacts with co-workers, supervisors, managers, members, and outside contacts in an appropriate, professional manner which projects a positive image of the department and Andrews Federal Credit Union.
- Minimum of one-year prior experience involving BSA compliance required.
- Bachelor degree in a related field preferred but not required.
- Financial institutions compliance certification from trade associations, such as National Association of Federal Credit Unions (NAFCU), Certified Anti-Money Laundering Specialist (CAMS) certification, or similar certification also desired.
- Proficient with standard Microsoft (MS) Office products is required.
- Must be detail oriented and able to effectively carry out multiple priorities simultaneously.
- Must be able to lift up to 10 pounds.
- Requires the ability to sit for extended periods of time.
- Must be able to operate standard office equipment to include keyboard, copier and fax.
Job Summary
Full Time
Banking
$90k-114k (estimate)
06/01/2024
06/29/2024
andrewsfcu.org
WALDORF, MD
200 - 500
1948
$50M - $200M
Banking
Related Companies
About Andrews Federal Credit Union
Andrews Federal Credit Union was founded in 1948 to serve military and civilian personnel along their financial journeys. With over $2 Billion in assets, Andrews Federal has grown to serve more than 134,000 members in the District of Columbia, Joint Base Andrews (MD), Springfield, Virginia (VA), Joint Base McGuire-Dix-Lakehurst (NJ), and military installations in central Germany, Belgium, and the Netherlands. In addition, the Credit Union serves as a financial partner with many select employee groups in Maryland, the District of Columbia, Virginia, and New Jersey.
The job skills required for Compliance Specialist include AML, Attention to Detail, Financial Services, Collaboration, Critical Thinking, Anti Money Laundering, etc. Having related job skills and expertise will give you an advantage when applying to be a Compliance Specialist. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Compliance Specialist. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Compliance Specialist positions, which can be used as a reference in future career path planning. As a Compliance Specialist, it can be promoted into senior positions as a Compliance Specialist IV that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Compliance Specialist. You can explore the career advancement for a Compliance Specialist below and select your interested title to get hiring information.
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