Job Openings in Sacramento County and Beyond
Bank Fraud Specialist
Responsibilities: Utilize BSA/AML automated system and various reports to identify, suspicious activity. Exercise critical thinking and critical decision making skills toefficiently and effectively determine whether or not further investigation and analytical activity is required. Perform independent analysis for cases involving suspicious activity including, but not limited to, money laundering, structuring, check fraud, and kiting. Create and organize comprehensive case files that document the decision making process and contain all applicable supporting documentation. Complete Suspicious Activity Reports (SARs) and submit for approval within regulatory timeframe. Complete Currency Transaction Reports (CTRs) and submitfor approval within regulatory timeframe and assist with review of CTR exempt accounts on annual basis. Initiate and retain required documentation of 314(b) requests to and from other participating financial institutions. Ensurecompliance with BSA-related reporting and recordkeeping requirements. Conduct FinCEN 314(a) searchers. Review, document, and report results as required by FinCEN. Review daily OFAC alerts to ensure that the Credit Union is notdoing business with prohibited persons or entities designed by OFAC and/or other law enforcement agencies. Stay current with changes in BSA regulations and provides input to management on control weaknesses, policy enhancementsand training needs, as applicable, to ensure credit union-wide BSA/AML/OFAC compliance.
Requirements: Bachelor's degree in related discipline, or 3 to 5 years financial institution experience required. Minimum 1 to 2 years direct work experience required. Ability to define problems and collect data.