A leading Credit Union based out of Long Island is looking to hire a Director of BSA/AML to oversee the daily management and development of AML and regulatory policies and procedures and ongoing implementation of AML and regulatory requirements that address changes in regulatory requirements
Key Responsibilities:
- Development and maintenance of the Credit Union's BSA/AML and Cannabis-Related Business (CRB) BSA/AML compliance programs
- Proactively manage and prevent fraud across all products and channels including Debit cards, Credit cards, ACH, P2P, A2A, and Checks via in Branch and Digital
- Ensuring that regulatory reporting is conducted timely and accurately (Currency Transaction Reports (CTRs), Suspicious Activity Reports (SARs), FinCEN 314(a) procedures and reporting)
- Assist in the development of compliance training to address BSA/AML and OFAC regulatory changes
- Act as liaison with NCUA examiners and independent audits of the BSA/AML/OFAC and CRB compliance programs
Requirements:
- Bachelor's degree
- 5+ years of experience of previous AML experience at a retail financial institution
- ACAMS Certification
- Knowledge of federal and state regulatory environments affecting credit unions, such as Bank Secrecy Act, Secure and Fair Enforcement (SAFE) in Mortgage Licensing Act, NCUA marketing, USA PATRIOT Act, Money Laundering Control Act, OFAC regulations, and NYS Cannabis Banking regulations
The salary range for this position is $125,000 - $130,000
