BSA Analyst II

BSA Analyst II

Join Teachers Federal Credit Union as a BSA Analyst II. The role is onsite Monday through Friday at our Hauppauge, NY headquarters.

The BSA Analyst II is responsible for supporting key functions of the BSA/AML & OFAC compliance, including BSA/AML transaction monitoring, AML case investigations, AML and OFAC alerts clearing, SAR writing and filing, CTR processing, and other compliance program functions.

• Bachelor’s degree or a minimum of eight years directly related experience required.
• Minimum three years of BSA/AML experience required, with experience reviewing AML & OFAC alerts, investigating cases, and developing recommendations.
• Working knowledge of the Bank Secrecy Act, the USA Patriot Act, Office of Foreign Assets Control.
• Financial crimes certifications or ability to complete certification within the first year of employment (e.g., ACAMS, CAFP, ACSS).
• Proficiency in Excel, Word, PowerPoint and project‑related tools (Smart Sheet).
• Verafin preferred.
• Core customer information system experience (Fiserv/DNA) preferred.
• Wir Exchange experience preferred.

• Strong analytical and critical thinking skills.
• Ability to multi‑task and work in a fast‑paced, ever‑changing environment.
• Research skills, including conducting open source/internet research.
• Control regulations, strategies and federal regulatory enforcement policies.

• Conduct complex case and Continuing Activity Reviews, completing SARs and presenting at the SAR Committee.
• Compile information and statistics for reports.
• Prepare, review and submit Currency Transaction Reports (CTRs) within required time frames.
• Escalate potentially unusual or suspicious activity, or potential OFAC/sanctions issues.
• Provide subject matter expertise and guidance to business and operations teams on BSA/AML and OFAC policies.
• Monitor accounts and research complex transactions for indicators of unusual activity.
• Leverage understanding of suspicious activity scenarios and automated alert and case management systems to investigate alerts and cases.
• Participate in SAR Committee discussions and prepare SAR narratives for filing.
• Support quality assurance activities, including remediating gaps, developing training, and improving alert and case products.
• Research, resolve and conduct AML investigations on alerts.
• Review OFAC alerts and cases, apply sanctions regulations and reporting requirements, and escalating for action.
• Support compliance with 314(a) and 314(b) information sharing responsibilities and respond to subpoenas and law enforcement inquiries.
• Support reviews of customer accounts to comply with CDD/EDD program requirements.
• Identify and report on changing trends in AML, staying informed on industry best practices and regulatory changes.
• Perform other duties as assigned.

• Paid time off for vacation, personal days, and holidays.
• Fully‑funded pension plan.
• 401(k) company contribution.
• Teachers pays 100% of dental and vision premiums.
• Tuition reimbursement offered to full‑time employees.
• Exclusive employee discount with APR on credit card loans and other loans through Teachers.

Salary range: $32.05 to $38.42 per hour (good faith range). Salary may vary above and below this range, as permitted by applicable law.

All candidates will be subject to a background check, credit check, and drug test to determine employment eligibility.

To learn more about Teachers and to view a full list of our job opportunities, please visit https://(Use the "Apply for this Job" box below)..