BSA/AML Compliance Audit Lead

Freedom Credit Union; Springfield (MA); On-site; USD 90,000 - 120,000; Full time

Job summary

Freedom Credit Union is seeking a compliance-focused professional to monitor BSA/AML regulatory adherence and administer the Verafin AML system. The role includes reviewing CT Rs, CTRs, SARs, CIP compliance, and monitoring high‑risk accounts, with regular interaction with internal and external auditors.

The candidate should have 2–5 years of related experience and a two-year degree with BSA certification preferred. Strong analytical skills and discretion are essential.

Qualifications

• Two to five years of related experience.
• Two-year college degree or equivalent; BSA certification preferred.
• Strong knowledge of BSA/AML regulations.

Responsibilities

• Monitors compliance with state and federal laws and regulations related to BSA, USA PATRIOT Act, AML, and OFAC.
• Acts as primary administrator of Verafin (AML software).
• Runs OFAC and 314a checks and investigates matches; researches unusual activity.
• Manages the CTR process and reviews large cash reports for compliance.
• Monitors SAR activity daily and submits SARs for BSA-AML activities.
• Performs data integrity reviews on new business relationships (CIP procedures).
• Monitors high-risk customers and maintains the CDD/EDD risk ratings and monitoring program.
• Acts as principal contact for internal/external audits; coordinates with auditors.
• Prepares Audit Committee information and minutes monthly.

Skills

BSA/AML compliance

Verafin administration

OFAC screening

Audit coordination

Data integrity

Education

Two-year college degree

BSA certification preferred

Tools

Verafin

Job description

Freedom Credit Union is seeking a compliance-focused professional to monitor BSA/AML regulatory adherence and administer the Verafin AML system. The role includes reviewing CT Rs, CTRs, SARs, CIP compliance, and monitoring high‑risk accounts, with regular interaction with internal and external auditors.

The candidate should have 2–5 years of related experience and a two-year degree with BSA certification preferred. Strong analytical skills and discretion are essential.