BSA Investigator

Join Sky One Federal Credit Union as a BSA Investigator and become an essential part of our mission to deliver meaningful financial solutions tailored to our members' needs. This is an exciting opportunity to safeguard the financial well-being of our members while utilizing your analytical skills to identify and prevent fraudulent activities.

You will play a pivotal role in implementing innovative compliance strategies that reflect our core values of accountability and integrity. Your insights will directly impact the credit union industry and contribute to a safer financial environment for all. Collaborating with a dedicated team that prioritizes respect and performance will enrich your professional journey and challenge you to grow.

This is a full-time onsite position based in our Hawthorne, CA office, working five days a week.

Apply now to make a meaningful difference in the lives of our members and be part of a forward-thinking organization committed to excellence.

The BSA Investigator at Sky One Federal Credit Union plays a crucial role in developing and maintaining our comprehensive Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) Program. This position ensures that our compliance standards meet federal regulations and internal policies by overseeing transaction monitoring, Know Your Customer (KYC) initiatives, and the Customer Identification Program (CIP). The Investigator will conduct thorough investigations of alerts and cases, performing Enhanced Due Diligence (EDD) reviews for high and moderate-risk members.

With a focus on assessing and evaluating risk associated with our members and transactions, the BSA Investigator also tackles complex investigations, originates Suspicious Activity Reports (SARs), and adapts procedures in response to evolving regulations.

Acting as a vital link between the Credit Union, external audit firms, and regulatory agencies, this role embodies accountability and innovation while safeguarding our members' financial integrity.

To excel as a BSA Investigator at Sky One Federal Credit Union, candidates must possess strong analytical skills and keen attention to detail, enabling them to identify and assess suspicious activity in transactions and member accounts. Proficiency with compliance software and monitoring systems is essential for developing and enhancing the BSA/AML/OFAC/USA Patriot Act programs. A sound understanding of regulatory requirements and industry best practices is necessary to coordinate investigations and ensure compliance with evolving regulations.

Strong judgment and decision-making abilities will aid in navigating complex investigations and preparing Suspicious Activity Reports (SARs). Excellent communication skills are vital for conducting training, engaging with stakeholders, and acting as a liaison during audits. Additionally, candidates should demonstrate leadership qualities, adaptability in managing multiple tasks, and the ability to implement project management skills to maintain an effective compliance program.

A commitment to continuous learning and awareness of industry trends will further support the success of the Investigator in this essential role.

• Minimum five years of related experience of financial experience: working in financial industry operations, financial crimes.
• Minimum three years of BSA and financial crime investigations experience.
• A college degree preferred, but not required in lieu of similar or equal experience.
• Possess BSA/AML Certification or agree to obtain this certification.
• High-Level knowledge of the Bank Secrecy Act, USA Patriot Act, OFAC and Sanctions compliance, and industry best practices.
• High-Level knowledge of The Cannabis Control Act, Cannabis Regulation Act and Compassionate Use Act.
• High-level analytical skills to produce and follow leads, develop complete and thorough pictures of suspicious activity and identify new trends in fraudulent behavior.
• Excellent verbal and written communication skills to document all aspects of the BSA/AML program and related filings, e.g., memos, SAR narratives).
• Strong detail…