Risk Analyst jobs in Corpus Christi, TX

Requirements

PRIMARY OBJECTIVE OF POSITION

Provide support in maintaining compliance with the Credit Union’s BSA/AML and OFAC Program, including the timely and accurately filing Currency Transaction Reports (CTRs), FinCEN 314(a) searches and OFAC compliance.

ESSENTIAL JOB FUNCTIONS

1. Performs daily data quality reviews on feeds from the core to Anti-Money Laundering (AML) software related to wire transfers, official checks, cash advances and other transactions as necessary.
2. Prepare daily cash transaction reconciliation to ensure reportable transactions are timely identified.
3. Prepare or review CTRs to ensure transactions are accurately reported.
4. Electronically file CTRs with FinCEN within regulatory timeline and track for proper acknowledgement/acceptance.
5. Review suspicious activity correspondence from the front line and create alerts as necessary.
6. Perform FinCEN 314(a) searches timely and accurately report matches if necessary. 
7. Review for OFAC/SDN list changes and timely perform update in AML software and report matches if necessary.
8. Assists with creation or updating of risk management procedures.
9. Routes, logs and processes restitution payments to ensure proper credit application.
10. Maintain and share knowledge of AML regulations and best practices.
11.  Assists with special projects or other administrative tasks as necessary.

Reports To:   BSA Team Lead (CTR Focus)

Contacts:  Contact primarily within Risk Management and Operations Department personnel.  May occasionally work with other internal departments such as information technology.

Summary

JOB REQUIREMENTS

EDUCATION

• A high school diploma/GED is required.
• Associates degree preferred.

EXPERIENCE

• Two (2) years’ experience with CTRs, teller operations or finance/accounting.

SKILL REQUIREMENTS

• Ability to work well with others and independently
• Effective research and interpretation skills
• Ability to exercise sound judgement
• Consistent attention to details in the review of reports and account activity
• Ability to express thoughts and ideas effectively (written and oral)

PHYSICAL REQUIREMENTS

Physical effort is minimal. However, wrist/hand/finger manipulation and movement are inherent with this type of work.  Restriction to the workspace for prolonged periods typical for this position. Vision abilities required by this job include close vision for frequent viewing of computer monitor and document review.

MENTAL REQUIREMENTS

Must be capable of dealing calmly and professionally with numerous different personalities from diverse cultures at various levels within and outside of the organization. Must be able to perform responsibilities with composure under the stress of deadlines/requirements for extreme accuracy and quality and a fast pace. Must be able to effectively handle multiple, simultaneous, and changing priorities. Must be capable of exercising highest level of discretion on both internal and external confidential matters.

EQUIPMENT SKILLS

Personal computer with Windows environment, fax, copy machine, ten key by touch, scanner, and telephone.  Must be proficient in Microsoft Office (Excel, Word, Outlook) and online search engines.

The above statements reflect the general details considered necessary to decide the principal functions of the job identified and shall not be construed as detailed description of all work requirements that may be inherent in the job.