Compliance / BSA Manager - Credit Union
Located on the beautiful California coast, Santa Cruz Community Credit Union (SCCCU) is a community-development and low-income certified credit union, serving Santa Cruz County and parts of Monterey County. Its mission focuses on economic justice and ensuring that all people, organizations and companies have access to the financial services and the financial tools they need.
Reporting to the CEO, the Compliance / BSA Manager is a management / supervisory position responsible for BSA and general compliance programs offered by SCCCU, to safeguard and ensure SCCCU is in full regulatory conformity with all state, federal and local laws.
Oversee SCCCU’s BSA and general compliance programs, in full regulatory compliance with the Bank Secrecy Act (BSA) and Anti-Money Laundering (ALM) Compliance Program and in accordance with its policies and applicable laws;
Supervise BSA and general compliance staff, while ensuring the team meets goals and participates in SCCCU’s related compliance, training and activities;
Manage BSA compliance program, with particular focus on SCCCU’s high-risk account holders;
Monitor the implementation of action plans for the risk and compliance programs; organize appropriate risk and compliance management reporting internally and externally;
Stay abreast of and analyze developing industry and compliance trends, scams, schemes and changes to laws and regulations pertaining to BSA/AML;
Monitor Department of Justice activities throughout California;
Stay current and possess a thorough understanding of state / federal laws and regulations related to Bank Secrecy and Anti Money Laundering;
Effectively communicate / report changes, or updates regarding any local, state, or federal regulatory initiatives that may affect SCCCU, in an effort to safeguard against potential losses, or to mitigate risk;
Provide oversight and maintenance of SCCCU’s BSA software (Verafin).
Associates Degree required; Bachelor’s Decree preferred;
BSA certification, required;
At least 3 years of relevant, progressive experience in a BSA compliance role within a financial institution, which should include BSA and general compliance, security, fraud and vendor management;
Ability to obtain OFAC certification within 1 year from date of hire;
Possess strong analytical, investigative, interpersonal, communication and member services skills;
Proficient computer skills, including the Microsoft Office suite of products and related compliance software expertise;
Ability to work effectively individually and within a team; detail-oriented and flexible in an ever-changing environment;
Exemplary oral and written communication skills.
$70K - $85K base salary; company-wide bonus scheme; company subsidized health benefits (medical, dental, vision); company-sponsored life insurance, loan discounts (must be a member) paid vacation, sick time and public holidays; 401k plan.
8:30AM – 5:15PM Monday - Friday
Santa Cruz, CA