BSA Specialist II

Overview

Salal Credit Union is looking to bring on a BSA Specialist II who will play a key role in protecting the Credit Union and its members by supporting all aspects of the Bank Secrecy Act (BSA), Office of Foreign Assets Control (OFAC), and USA PATRIOT Act. This position is essential to maintaining a strong and proactive compliance culture. As a BSA Specialist II, you will take ownership of complex investigative work, monitor high-risk relationships, evaluate unusual activity, and prepare high-quality Suspicious Activity Reports (SARs).

This role is fully remote, with the expectation that the BSA Specialist II works a schedule aligned with our Pacific Time operating hours. While we prefer candidates based in Washington State, we are also open to qualified applicants residing in Arizona, California, Florida, Georgia, Idaho, Oregon, or Texas.

• Conduct enhanced due diligence reviews and investigations on high-risk prospective and existing members to identify regulatory, legal, or reputational risks.
• Evaluate escalated AML alerts and conduct investigative research, including gathering documentation, analyzing transactional activity, and identifying potential suspicious patterns.
• Review potential suspicious activity reports submitted by branch and department staff to ensure completeness, accuracy, and appropriate escalation.
• Analyze investigative findings to determine whether further action is warranted, including case creation, escalation, or recommendation for SAR filing.
• Prepare Currency Transaction Reports (CTRs) and review CTRs completed by the BSA team for accuracy and timely submission.
• Prepare Suspicious Activity Reports (SARs) in accordance with regulatory requirements, ensuring proper documentation and timely electronic filing.
• Review and investigate OFAC screening results, using core processing and BSA/AML systems to distinguish true matches from false positives.
• Receive, review, and analyze FinCEN 314(a) requests; identify potential matches and refer findings to the BSA Officer for required reporting.

• 3 years of recent BSA/AML experience in a financial institution and experience working with state and federal legal and regulatory agencies along with law enforcement.
• Ability to focus on detail-oriented work, manage high volumes, and research/interpret regulations.
• A bachelor's degree or equivalent work experience.
• Experience with Verafin is also a plus.

• Competitive base salary of $ per hour. This range reflects the entire salary range for the position.
  The typical starting offer will fall between $31.65 - $34.44 per hour depending on a candidate's experience.
• This position qualifies for the employee tier of our profit-sharing bonus program with annual payouts totaling 0-8% of annual salary depending on company performance.
• Comprehensive healthcare benefits including health, dental, and vision insurance.
• Generous paid time off policies include vacation, sick, and personal holidays in addition to paid holidays in accordance with the Federal Reserve calendar.
• Tuition reimbursement.
• 401(k) plan with pre-tax and post-tax (Roth) options including company matching after 6 months of employment.
• Charitable contribution matching.
• Monthly transportation subsidy for employees that qualify.
• Additional voluntary benefits.

Expanded details about our benefit offerings can be found at the following link:

We have helped thousands of members manage their money by making bold, measured decisions to offer the right products to each person. Our mission is to break down financial barriers for the innovators in our community by offering good rates, low fees, and dedicated personal services. Beyond that, we are committed to giving 5% of our annual income to help people and causes in the communities we serve, because we know that many small actions, when added together, can make big impacts.

Helping our employees build and achieve their career goals is equally as important to us, and we are dedicated to fostering a positive work environment in which they can thrive. We strongly prioritize their growth and development as well as their impact to the community so we can be an institution that our employees are proud to be a part of.

Salal Credit Union strives to maintain a work environment free from discrimination where employees are treated with dignity and respect. Salal Credit Union does not discriminate on the basis of race, sex, gender identity, religion/creed, pregnancy, age, physical or mental disability, size or shape, marital status, national origin, genetics/genetic markers, military or veteran status, sexual orientation or any other characteristic protected by applicable laws.

We adhere to these principles in all aspects of employment. We believe that by adhering to these policies we can cultivate a welcoming environment by embracing each individual's identities and abilities.

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