BSA KYC Specialist I

Hudson Valley Credit Union is currently recruiting for the position of BSA KYC Specialist I. Primary function: Responsible for the daily monitoring and investigating of high risk account activity, including but not limited to high risk business accounts, Money Services Businesses, and Cannabis Banking Businesses. Preparing, approving and filing SAR reports with the appropriate agencies in accordance with the mandated due date. Serves as a resource for all Credit Union employees related to Know Your Customer (KYC) and other BSA related policies and procedures.

• Primarily responsible for monitoring high risk member accounts, performing ninety day reviews on previous SARs submitted for high risk customers, and maintaining all documentation. Provides support to branch staff in relation to required site visits in accordance with FFIEC guidance.
• Investigates Customer Due diligence (CDD) alerts or notifications produced out of the BSA tracking software or data processing systems, through branch/department staff processes and/or observation, law enforcement notification, or through the 314(a) and 314(b) processes.
• Makes recommendations to management regarding high risk activity, which may include actions such as freezing accounts or closing the membership.
• Updates risk model scoring for individual members/businesses based on overall review, as dictated by procedure.
• Acts as a BSA Specialist when necessary, providing support to monthly BSA alert reviews.
• Contacts all levels of law enforcement on matters related to fraudulent, illegal or improper activities in association with BSA/AML reporting. This includes, the exchange of information, obtaining of warrants and appearance in court as a representative of the Credit Union
• Adhere to all Credit Union policies, procedures, and regulatory agency requirements. Participate in all required and recommended training and development including, but not limited to, Bank Secrecy Act training (BSA) and demonstrate attained knowledge. Participate on Credit Union teams, projects and strategic initiatives when the opportunity arises. Perform additional duties and special projects as assigned.
• Embrace and apply HVCU's guiding principles to all activities and responsibilities. This includes the Credit Union's Mission, Vision, Core Values, Employee and Member Value Propositions, Sales and Service Model, and commitment to Lean Six Sigma practices. Support the Credit Union's initiatives by demonstrating teamwork and professionalism.
• Responsible for regular and predictable attendance including punctuality.

• High School Diploma, General Education Development (GED) certificate, or state authorized high school equivalent certificate required.
• Associate's Degree or at least 2 years equivalent experience for each undergraduate year not completed; undergraduate degree cannot substitute for minimum number of years of experience preferred.

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Why choose HVCU?

HVCU cares for our employees, members, and community. We actively seek to create an inclusive workforce by hiring people with diverse perspectives and experiences. We celebrate and embrace what makes each of us different and foster an environment where everyone feels that they belong. In commitment to our diversity, equity, and inclusion mission, we encourage members of historically underrepresented communities to apply, including those who identify as women, minorities, veterans, disabled and LGBTQ+.

Employee Perks:

• HVCU University & Academy; Professional Development Training
• Student Loan Repayment & Tuition Reimbursement Programs
• Medical, Dental, and Vision coverage (coverage starting as low as $20 per month)
• 401(k) with employer match and non-elective employer contribution
• Paid time off (PTO), holidays, and community volunteer time
• Life, Short-Term, and Long-Term Disability Insurance
• Discounted Loan Rates & Fees

Hudson Valley Credit Union is an AA/EEO employer committed to equal opportunity and employee diversity. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, sexual orientation, gender identity, the status of being transgender, national origin, disability, military or veteran status, genetic information, marital or familial status, domestic violence victim status, or any other characteristic protected by law.