Bank Secrecy Act Analyst

Monday, January 13, 2025

Are you ready to leverage your banking expertise to build a career in Financial Crimes? Utilizing anti money laundering software, this Bank Secrecy Act Analyst ensures Metro Credit Union complies with FinCEN Regulations, USA Patriot Act, Bank Secrecy Act, and other federal programs related to suspicious activity.

Essential Job Functions:

1. Manage the Currency Transaction Report (“CTR”) workflow within the automated compliance management system to ensure regulatory deadlines are met.
2. Reconcile reports to ensure adherence to established procedures and regulatory compliance requirements. Inform employees to correct and/or collect missing or incomplete information as required by regulation.
3. Review and acknowledge several types of alerts using anti money laundering software.
4. Document Know Your Customer (“KYC”) data for regulatory compliance.
5. Conduct behavior reviews for regulatory compliance.
6. Engage with other departments to investigate suspicious activity and/or fraud.

Requirements:

1. Education and Experience
   • Bachelor’s degree and/or equivalent combination of education and work experience strongly preferred.
   • Minimum of 1-2 years of related experience strongly preferred.
2. Skills/Knowledge/Certifications
   • BSA Certification and/or Certified Anti-Money Laundering (“CAM”) certification preferred.
   • Strong attention to detail and analytical skills.
   • Strong time management skills.
   • Ability to effectively communicate in oral and written form.
   • Ability to work independently and be self-motivated.
3. Position is eligible for Hybrid Work Agreement: minimum of 3 days/week in office (Tuesdays, Wednesdays, and another day to be worked out within department).
4. Position is eligible for Compressed Work Agreement (4x10) – all four days must be on-site in Chelsea.

Why Join our team:

1. Health, Dental, and Vision coverage for employees working minimum of 20 hours/week; Metro provides assistance toward premiums and copays.
2. Annual bonus eligibility; annual retention bonus vesting program.
3. 401(k) with matching plan & safe harbor plan – allowing every employee to save for retirement.
4. Wellness Incentives; Employee Assistance Program; Health Savings Account; Flexible Spending Account; Prescription Drug program and range of voluntary benefits (LTD, STD, AD&D); access to no-interest loans; $150/Quarter reimbursements for wellness and lifestyle expenses.
5. Discounts on Pet Insurance.
6. Strong growth opportunities with development plans and position-related or job-related tuition assistance to help you attain your long-term career goals.
7. Growing, dynamic environment - no day is ever the same and join an exceptional team of co-workers.
8. Exceptional Learning & Development opportunities (classroom, on-the-job, and mentoring).
9. Stable and growing organization.

Apply today and explore this incredible opportunity and team!

About Metro Credit Union: Established in 1926, Metro has grown to be the largest state-chartered Credit Union in Massachusetts with 18 branches, 220,000 Members and $3.4B in assets. Our focus has always been helping local people, businesses and non-profit organizations reach their goals. Our perspective is unique because it is local and hyper-focused on the specific needs of our local communities. We are a high performing, financially sound, not-for-profit, financial cooperative, owned by and operated for our Members. Our commitment is to provide quality banking solutions that support the economic vitality of the individuals and businesses within the markets we serve. This commitment strengthens local communities, creating a positive impact on people's lives.