AML/CFT Professional I

Hawaii State Federal Credit Union; Honolulu, Northern (HI, KY); Hybrid; USD 51,000 - 65,000; Full time

Benefits offered by this job

Competitive compensation

Health coverage (medical and dental)

Paid time off (13 holidays, election &

401(k) with match

Job summary

Hawaii State Federal Credit Union is seeking an AML/CFT Professional to identify and mitigate money laundering and financing risks. You will monitor suspicious activity, perform due diligence, and support SAR/CTR processes to ensure regulatory compliance.

The role supports the BSA/OFAC programs and collaborates with a team to safeguard the community and financial system. The position is in-office at HSFCU Headquarters in Downtown Honolulu.

Qualifications

• 2+ years in financial institution operations, preferably in BSA/Compliance.
• Strong investigative, analytical, problem-solving and critical-thinking skills.
• Excellent attention to detail and ability to manage multiple priorities.
• Understanding of financial institution operations and procedures related to share operations.
• Ability to work both independently and in a team.
• Working knowledge of AML/CFT, BSA, OFAC and related regulatory requirements.
• Bachelor's degree or equivalent combination of education, training and experience.

Responsibilities

• Investigate transaction activity alerts and related cases.
• Prepare suspicious activity reports (SARs) as needed.
• Review transactions for currency transaction report (CTR) compliance.
• Support OFAC and 314(a) compliance and maintain monetary instrument records.
• Assist with AML/CFT program administration including reporting and audits.
• Develop and implement policies and procedures for compliance, especially OFAC and BSA.
• Stay current on AML/CFT regulations and industry trends.

Skills

Investigative

Analytical

Problem-solving

Critical thinking

Attention to detail

Time management

Independent work

Team collaboration

AML/CFT knowledge

Education

Bachelor's degree or equivalent

Tools

Verafin

AML/CFT certifications (CAMS/CAFP/CFCS)

Job description

Position Summary

The AML/CFT (Anti-Money Laundering and Countering the Financing of Terrorism) Professional at Hawaii State Federal Credit Union is an investigative role, supporting the Section Manager to identify, assess, and mitigate money laundering, terrorist financing, fraud, and related compliance risks by monitoring suspicious activities, performing due diligence reviews and risk assessments, and ensuring adherence to applicable regulatory requirements and internal policies.

As the AML/CFT Professional, you'll be responsible for supporting the credit union's AML/CFT, Bank Secrecy Act (BSA), and Office of Foreign Assets Control (OFAC) compliance efforts and regulatory obligations. You'll join a collaborative team, ensuring that the credit union and community is safe and protected. We support law enforcement with our investigations so the work we do has a larger impact. Our work isn't just for compliance, but to safeguard our community and financial system from financial crimes and terrorism financing.

Please note: This position is in-office at our HSFCU Headquarters in Downtown Honolulu.

Base Annual Salary Range

Base Annual Salary Range: $51,300 - $64,575 per year

The posted range reflects the anticipated base pay for this position, with final compensation determined based on experience, skills, and internal equity.

Essential Duties

• Manage Day-to-Day Program Administration:
  • Investigates transaction activity alerts and related cases.
  • Prepares suspicious activity reports (SARs) as necessary.
  • Reviews transactions to ensure appropriate currency transaction reports (CTRs) are filed.
  • Verifies that applicable monetary instrument records are maintained.
  • Assists with OFAC and 314(a) compliance.
• Ad-hoc responsibilities, assisting with the administration and ongoing maintenance of the Credit Union's AML/CFT compliance program.
  • Gathering and analyzing information.
  • Preparing reports.
  • Conducting due diligence reviews.
  • Supporting risk assessment activities.
  • Monitoring program metrics. Coordinating information requests related to regulatory examinations, audits, and program reviews.
• Assists in developing and implementing policies and procedures for compliance issues, particularly regarding OFAC and BSA.
• Maintains current knowledge of AML/CFT regulatory requirements, emerging financial crime trends and typologies, and credit union policies and procedures relevant to assigned duties and responsibilities.
• Provides technical expertise, consultation and training on regulatory compliance, particularly pertaining to BSA and OFAC.

Minimum Qualifications and Experience

• 2+ years of professional work experience in financial institution operations, preferably in BSA Operations and/or Compliance.
• Strong investigative, analytical, problem-solving, and critical-thinking skills.
• Demonstrated attention to detail and ability to manage multiple priorities while meeting established deadlines.
• Understanding of financial institution operations and procedures as they relate to the share operations.
• Ability to work independently and collaboratively in a team-oriented environment.
• Working knowledge of AML/CFT, BSA, OFAC, and other related regulatory requirements.
• Bachelor's degree or equivalent combination of education, training, and experience.

Preferred Qualifications and Experience

• Systems experience using Verafin monitoring system.
• Professional AML/CFT certification (e.g., CAMS, CAFP, CFCS, orequivalent)

Overview

Find your happy place. Hawaii State Federal Credit Union is more than a bank, and not just another credit union. We're a place where "Always Right By You" isn't just a tagline to those we serve, but a promise to our employees, who enjoy generous benefits, opportunities for career advancement and a healthy work-life balance. As an employee, you will be part of a team that values trust, encouragement, and the holistic experience of working together. HSFCU offers a dynamic and supportive work environment where employees can enjoy competitive compensation and one of the best benefits packages in the business.

Benefits

• Competitive Compensation: HSFCU offers competitive pay, merit increases, and incentives.
• Health Coverage: We've got you covered: full-time employees receive 100% coverage for medical and dental premiums, plus 50% towards covering your family members. Pre-tax deductions for your Flexible Spending Plan can be added on as early as 6 months in.
• Paid Time Off: Enjoy 13 paid holidays each year, plus Election Day and up to 2 full days off for Community Service. Your hard work is rewarded with an increase in PTO accrual with every year you're employed.
• Retirement Savings: Contribute to a 401(k) plan with up to 10% employer contributions including a 6% match and profit sharing after your first year.
• Transportation Subsidy: We make your daily commute stress-free. Receive 100% bus pass reimbursement or up to $100 subsidy towards parking and Pre-Tax deductions.
• Health & Wellness: Access to wellness fairs, flu shot clinics, and on-site fitness centers.
• Additional Benefits: Flexible spending plans, credit union discounts, life, accident, and disability insurance.
• Growth Opportunities: HSFCU invests in employee development through in-person and online training programs, workshops, career development assistance, and tuition assistance. Employees are encouraged to further their education and unlock new opportunities.
• Work Environment: HSFCU's modern headquarters prioritize a balance between wellness and productivity, offering a variety of amenities. The culture is inclusive, with a focus on teamwork and community, often described as an "ohana" or family atmosphere.
• Employee Testimonials: Employees appreciate the supportive environment where everyone's voice is heard and valued. The credit union has been recognized as one of Hawaii’s best places to work for over 15 years.