BSA Specialist

BSA Specialist

Scenic Community Credit Union Chattanooga, Tennessee, United States

In 1954, the Chattanooga DuPont Plant was one of southeast Tennessee’s largest employers, hiring people from all over the tri-state region. Some of these people saw the need for a different kind of financial institution – one that could meet the financial needs of all its employees, including those with more limited means. Recognizing that credit unions embraced the philosophy of “people helping people,” the wheels were set in motion.

On February 26, 1954, the Chattanooga DuPont Nylon Employees Credit Union was organized and chartered.
Since then, many changes have shaped Scenic Community Credit Union into the strong financial institution it is today. Mergers and expansions have allowed us to serve a larger group of people better than ever before. But our philosophy is the same as that of the original founders: we strive to advance financial peace of mind within our community.

At Scenic Community Credit Union, we know you're more than just a number. We know the important numbers that matter most; the ones that tell your story! From starting your financial journey, to planning for your first home and reaching your family's financial goals. We're here to celebrate your story not just your balance. From milestones to memories, we're here to celebrate every moment that counts.

When you join SCCU, you're not just a member, you are part of a community that values every number and every story.

The BSA/AML/Fraud Specialist is responsible for assisting with anti-money laundering, fraud detection, identification, monitoring and reporting and compliance initiatives. This highly detailed individual will provide support to the Credit Union's BSA Officer and Compliance Officer on BSA/AML/OFAC/US Patriot Act compliance issues and fraudulent activity through review of high risk and moderate risk accounts, monitor and review Alerts/Cases produced by the BSA/Fraud monitoring application to determine if transactions are suspicious in nature, identify potential risk issues, complete Suspicious Activity Reports, Currency Transaction Reports, assist in providing compliance support related to the development and implementation of new Credit Union products, interact with branch personnel and customers as it pertains to BSA/AML and fraud issues, and remain current on compliance matters as they relate to Credit Unions operations, retail and lending.

• Timely review, assign and work alerts generated through the AML/Fraud software.
• Ensure that all alerts and reviews are closed/filed in accordance with department expectations and regulatory requirements.
• Accurately and efficiently conduct account and member relationship monitoring as well as performing account analysis for trends and patterns, develop write-ups and present case conclusions for review by the BSA Officer and/or Compliance Officer. Escalate abnormal conditions.
• Conduct and prepare Suspicious Activity Report Investigations and reports for review by the BSA Officer and/or Compliance Officer.
• Contact branch staff to obtain further explanation, documentation and/ or inform parties of the processes necessary to complete the account analysis.
• Ensure that all analysis information and documentation is organized and maintained appropriately.
• Ensure all records are maintained in an organized manner and according to legally prescribed retention schedules.
• Perform independent analysis for cases involving suspicious activity including, but not limited to, structuring, check fraud, kiting, ACH fraud, wire fraud and debit card fraud for presentation to the BSA Officer and/or Compliance Officer
• Perform analysis of core application and…