BSA Compliance Specialist - AML & Risk

Verve A Credit Union; Oshkosh (WI); On-site; USD 65,000 - 90,000; Full time

Job summary

Verve A Credit Union in Oshkosh, WI seeks a BSA Specialist to join Risk Management. You will complete daily BSA reporting, review alerts from Verafin, and investigate suspicious activity with documentation to support SAR recommendations.

You will perform Enhanced Due Diligence on high‑risk business members, document CDD for current members, review CIP data for new accounts, and stay current on BSA regulations while reporting progress to the Compliance Officer.

Qualifications

• Associate’s degree or equivalent from a 2-year college/technical school.
• Three+ years in the financial industry.
• Related work experience may substitute for education.

Responsibilities

• Complete all daily BSA reporting for the credit union.
• Review alerts from Verafin and internal RFIs to assess money-laundering or terrorist activity risk.
• Investigate and gather documentation to support SAR filings and recommendations.
• Perform Enhanced Due Diligence on high‑risk business members (ATM owners, MSBs, non-profits).
• Document Customer Due Diligence (CDD) for current business members and beneficial owners.
• Assist with CIP reviews for newly opened business accounts.
• Report exact OFAC matches to Compliance Officer.
• Annual review and analysis of CTR exemptions for business members.
• Regularly report status to the Compliance Officer and stay updated on BSA regulations.

Skills

Regulatory compliance

Analytical thinking

Communication skills

Team orientation

Reporting

Regulatory interpretation

Education

Associate’s degree (A.A.) or equivalent

Job description

Verve A Credit Union in Oshkosh, WI seeks a BSA Specialist to join Risk Management. You will complete daily BSA reporting, review alerts from Verafin, and investigate suspicious activity with documentation to support SAR recommendations.

You will perform Enhanced Due Diligence on high‑risk business members, document CDD for current members, review CIP data for new accounts, and stay current on BSA regulations while reporting progress to the Compliance Officer.