BSA Fraud Specialist

[RadiFi Credit Union is seeking a BSA Fraud Specialist to provide support to retail operations for deposit related products/services, provide guidance on check holds, assist retail with BSA/Fraud related issues and ensure compliance with all applicable state and federal regulations, credit union policies and procedures. Be a subject matter expert for all wire, fiduciary and deposit related products and services, which includes the following existing functions: Wires, Certificates, Database Cleanup and Maintenance, Daily Mail, Deposit Account research, Deposit Corrections/Adjustments and Closing Account Management. Responsible for BSA, AML, OFAC, FinCEN, CIP, and USA Patriot compliance; Fraud monitoring, detection, and investigation. ]{#isPasted} Location: Park Street Branch; 562 Park St., Jacksonville, FL 32204 Status: Full-time (approximately 40 hours per week) Major Duties and Responsibilities: - FRAUD and LOSS MITIGATION: - Mitigate fraud losses through fraud prevention, early detection, fraud investigations, and recovery - Stay informed of best practices for fraud prevention. - React promptly to potential fraud activity by reviewing returned checks processed by Deposit Operations. Upon receipt of REPGEN-generated email alerts in the fraud inbox, assess account activity and determine whether account restrictions are necessary. - Track Losses and Trends - Utilize internal/external resources to detect, investigate and analyze potential fraud including shared branch reports. - Conduct suspicious activities investigations. - Assist retail with questions, provide guidance on check holds, and fraud related issues. {=html} - BSA/AML/Fraud Monitoring Software: - Ensure clean audits and exams. - Use tools to identify high risk accounts, early detection of fraud, kiting and money laundering suspects. - Ensure Patriot Officer Alerts are completed daily. - Regularly run Office of Foreign Asset Control (OFAC) and 314a checks; research all matches. - Ensure OFAC is run on all required transactions and names including cashiers checks, on us items etc. - Regularly monitor Suspicious Activity Reporting (SARS); prepare and ensure SAR descriptions and details meet standards. - Collaborate on all SAR decisions for reporting to FinCEN and the Board of Directors. - Prepare and ensure all Currency Transaction Reports (CTRs) are generated, compliant and timely. - Assists Auditors and Examiners during all periodic BSA/AML/FRAUD related compliance. - Assist retail staff with questions and provide guidance on BSA related issues. - Maintain compliance with CDD/EDD. - Subject matter expert for Patriot Officer and Alloy. {=html} - OTHER DUTIES AS ASSIGNED: - Respond to subpoenas by gathering evidence as required. - All other projects related to BSA/Compliance assigned individually each year. - Attend weekly/Monthly staff meetings, completion of annual Individual Learning Plan (ILP) and required training within prescribed time. - Perform other job-related duties as assigned. Knowledge and Skills Experience: Minimum of two years of similar or related experience in a Financial Services environment. Education/Certifications/Licenses: (1) A two-year college degree, or (2) completion of a specialized certification or licensing, or (3) completion of specialized training courses conducted by vendors, or (4) job-specific skills acquired through an apprenticeship program/prior work experience. Degree preferred in business, finance, accounting, or a related field. Interpersonal Skills: Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation. Discus ions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication. Other Skills: Use of sound judgement, decision making, and employing solid research/problem resolution techniques. Strong organizational abilities and attention to detail. Demonstrated ability to prepare written communications to include emails, memos, business letters, and related correspondence to external/internal parties. Strong technology skills: Must possess intermediate level MS Excel to include formulas. Verbal, listening, communication, and investigative skills are required. Able to deal with auditors and examiners as well as senior management. Ability to maintain confidentiality. Must be able to study regulations. ADA Requirements Physical Requirements: [Is able to bend, sit, and stand in order to perform primarily sedentary work with limited physical exertion and occasiona ]{#isPasted}