Compliance and Fraud Analyst

THE CHAMPIONS CHOICE

Who We Are: We are a rapidly growing $500 million Credit Union spanning across the entire northern region of Florida with branches from Pensacola to Lake City headquartered in the State Capital of Tallahassee.

We are committed to building strong communities where our employees and members live and work. We contribute to various charities, support local events, and give back to Florida State University through donations and scholarships. Employee engagement is important to us providing many opportunities to attend training, improve professional development and promote career advancement within the organization. We have a professional, encouraging and supportive culture that values our employees and strive to create a work life balance with a tremendous benefits package to include a variety of insurance products for the employee and dependents and a generous paid time off structure to include sick, vacation, personal, birthday, work anniversary and federal holidays.

We are seeking an experienced compliance and fraud analyst to join our compliance team in Tallahassee, FL. This position requires at least two years of experience in a Credit Union or other financial institution position.

Position Summary

Performs functions essential to the Credit Union’s audit and compliance requirements as presented in all federal laws and regulations set forth by the State, National Credit Union Administration and other regulatory agencies as well as assisting the Compliance Director with other duties as assigned. In addition, performs certain teller operations responsibilities, as needed, including but not limited to what is listed below.

Essential Functions

• Ensure the Credit Union is in compliance with the federal laws and regulations set forth by the State, National Credit Union Administration and other regulatory agencies. Keep Management apprised of changes deemed significant in nature that will be impactful to the Credit Union.
• Ensures adherence to BSA and OFAC requirements and provides staff with additional coaching and training as necessary. Informs Compliance Director of BSA and OFAC issues noted while carrying out his/her job responsibilities. Keeps management apprised of new best practices, laws and regulations as they relate to BSA and OFAC.
• Responsible for identifying and reporting unusual and suspicious activity under the requirements of the BSA/Anti-Money Laundering Act.
• Review fraud, actual and suspected, against the Credit Union and retain all documentation pertaining to each fraud occurrence.
• Maintain a high degree of knowledge of appropriate BSA/AML/ OFAC and USA PATRIOT Act related laws and regulations.
• Conduct periodic data validation processes to ensure accuracy of system functionality.
• Maintains expertise in the Verafin application.
• Ensures regulatory reports are queued, filed and completed in a timely manner.
• Conduct vault audits, surprise cash drawer audits, denomination audits, and OFAC audits.
• Continually assess current and emerging high-risk transactional activities via the utilization of Verafin.
• Ensure internal controls are in place and implement recommendations proposed by auditors and examiners as appropriate.
• Implement and maintain the Credit Union’s compliance requirements; reports, monitors and coordinates all necessary changes and/or corrective actions to assure continued compliance.
• Ensure that Compliance Director is kept fully informed of the conditions and operations of the Credit Union as it relates to compliance matters, and of important factors influencing those.
• Assist with compliance examinations and Audits. Workpapers must be up to date and readily available for examination.
• Attend periodic staff meetings to discuss areas needing improvement, changes in procedures, new developments, or services and to present general information.
• Responsible for all subpoena requests.
• Other ad-hoc projects and duties as assigned.
  
  

NOTE: The list of essential functions is not exhaustive. It may be supplemented as necessary from time to time.

Additional Functions

• Assist staff and management with member complaints & problem resolution.
• Work with Branch Supervisors or Director of Compliance on special projects.
• Must comply with all state and federal laws.
• Report any problems or concerns of the department to the appropriate Branch Supervisors.
• Attend periodic staff meetings to discuss areas needing improvement, changes in procedures, new developments or services and to present general information.
  
  

EEO Statement

Champions First Credit Union provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Disclaimer

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job.