Specialty Banking Coordinator (BSA & Fraud Analyst III)
1916 Black River Blvd, Rome, NY 13440
Starting Pay for this role - $27.11/hour to $33.88/hour, actual starting pay will depend on experience
Position is overtime eligible and incentive eligible
Who Are We?
AmeriCU is a not-for-profit credit union based in Rome, NY with assets in excess of $2.6 Billion and serving a membership base of over 155,000 members across Central New York, the United States, and beyond. For 70 years we have been committed to our members, our employees, and our communities. In 2023, we were once again recognized as one of the Best Companies to Work for in New York State, and most recently AmeriCU has once again been recognized as one of the Best Credit Union’s in America by Forbes. This year, only 3.4% of all credit unions earned the recognition of being a best-in-state credit union. In New York, 4 credit unions qualified for the honor - AmeriCU #2 in NYS.
The Position:
AmeriCU Credit Union is in search of a
Specialty Banking Coordinator who aligns directly with our mission to provide our members with the right financial services to live life, dream big, and achieve financial success, and our vision to be the most admired organization in every community we serve. As a
Specialty Banking Coordinator you will:
- Perform Bank Secrecy Act (BSA), Office of Foreign Assets Control (OFAC), Anti-Money Laundering (AML), and fraud prevention functions within the area of Specialty Banking.
- Conduct enhanced due diligence during onboarding and monitoring of high-risk customers, including investigating suspicious activity and Suspicious Activity Report (SAR) filing.
What You’ll Do:
As a Specialty Banking Coordinator your primary responsibilities will include:
- Supports the BSA & Fraud Manager in the areas of BSA/AML/OFAC to ensure compliance with Credit Union BSA/AML/OFAC policies, procedures, and processes.
- Performs the onboarding and continual monitoring of high-risk business types, including money service business, hemp & cannabis related accounts, privately owned ATMs, and other accounts designated as high-risk.
- Acts as the main point of contact with Membership Development and members of the Specialty Banking Program including, conducting interviews, reviewing documents and working with members on any concerns or clarification needed.
- Monitors and analyzes member’s financial transactions utilizing monitoring software to uncover money laundering or other illicit schemes and escalates as necessary.
- Conducts investigations of associated accounts when red flags are raised and collaborates with Financial Center (FC) personnel and/or business areas regarding interactions with the member to aid in an investigation.
- Communicates with member facing personnel on Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) deficiencies detected during the account review process and risk rates accordingly.
- Completes SARs as needed which will include a comprehensive narrative fully describing the suspicious transaction(s) in accordance with FinCEN SAR instructions.
Come grow with us!
Whether you are just starting out or have been working in your field already, we offer opportunities for growth and advancement. It is our goal to hire employees who will provide exceptional service to our members and who value giving back and supporting the communities we serve. In addition, we offer the following benefits:
Competitive rates on our Medical, Dental and Vision plans
Generous contribution to your Health Savings Account, if you choose to enroll in one of AmeriCU’s High Deductible Health plans
Paid Holidays
Paid Time off – Vacation, Personal or Sick and Birthday
Employee Appreciation Events
401(k) Matching after 1 year of employment
Employee Assistance Program
Tuition Reimbursement for Full-time employees after 1 year of employment
Life Insurance & Accidental Death & Dismemberment Insurance, free to all Full-time employees
Enhanced Short Term Disability – at no cost to you!
Get to know us more by clinking on the links below. See why YOU should choose AmeriCU!
https://www.americu.org/in-our-community/
https://www.americu.org/why-americu/