BSA Specialist

MidWest America Federal Credit Union; Fort Wayne (IN); On-site; USD 25,000 - 32,000; Full time

Benefits offered by this job

401(k)

401(k) matching

Health insurance

Paid time off

Paid holidays

Job summary

MidWest America Federal Credit Union in Fort Wayne, IN, seeks a BSA Specialist to support compliance programs under the AVP of Compliance. You will investigate suspicious activity, prepare regulatory reports, and assist with audits, training, and policy updates.

The role requires an associate degree in compliance and at least 1 year in banking or related field, with strong analytical and documentation skills and willingness to travel to branches as needed.

Qualifications

• Associate’s Degree or specialized training in Compliance.
• Minimum of one year in banking or related field.

Responsibilities

• Identify unusual or suspicious customer activity and analyze alerts.
• Prepare SARs and CTRs and ensure proper review and documentation.
• Assist in daily management of the BSA/AML program and OFAC compliance.
• Update policies and procedures; participate in examinations/audit support.
• Develop and deliver BSA training for staff; assist AVP of Compliance.

Skills

Investigative thinking

Regulatory reporting

Documentation accuracy

Communication skills

Multitasking

Time management

Education

Associate degree in Compliance

Tools

Actimise

Job description

• Location 1221 Medical Park Drive,Fort Wayne, IN, 46825,United States
• Base Pay $18.47 - $23.09 / Hour
• Employee Type Full-Time Non-Exempt
• Required Degree 2 Year Degree
• Manage Others No

Contact information

• Name HR
• Email [e-mail]

Description

Job Summary:

The BSA Specialist is responsible for assisting the AVP of Compliance with the administration of the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Office of Foreign Assets Control (OFAC), Member Identification Program (MIP), and overall Credit Union compliance related to these areas. Responsibilities include maintaining current knowledge of applicable laws and regulations, conducting investigations of suspicious or fraudulent activity, preparing regulatory reports, assisting with law enforcement and legal requests, and supporting the Credit Union's overall BSA/AML compliance program. The BSA Specialist is expected to identify and mitigate risk while protecting the Credit Union and its members from financial crime

Qualifications:

Required:

• Associate’s Degree or completion of specialized training and/or certification in Compliance.
• Minimum of one (1) years of working in the banking industry or related equivalent field. Must maintain reliable transportation to work as scheduled and travel to branch locations or other business-related locations as required.

Essential Elements of the Job:

Analytical & Investigative Thinking:

• Identify and analyze customer relationships for unusual and suspicious activity. This may include a review of system generated Actimise alerts.

Technical Writing & Documentation Accuracy:

• Provide accurate documentation of the suspicious activity and recommend appropriate actions.

Regulatory Reporting Proficiency:

• Prepare Suspicious Activity Reports (SARs) and follow appropriate review, documentation and follow-up steps as outlined in Bank’s BSA/AML Program.
• Review and submit Currency Transaction Reports (CTRs).
• Review legal requests, law enforcement requests, fraud investigation referrals, and conducts account reviews from a BSA/AML/USA Patriot Act perspective.
• Stay up-to-date with changes in BSA regulations and advise senior management on any necessary changes to the credit union’s BSA program.

Ethical Judgement & Information Security:

• Maintain confidentiality of reports and documentation as required by law.

Cross-Functional Communication & Influence:

• Communicate internally to all lines of business to obtain additional information and further documentation to complete analysis of identified accounts, and provide recommendations for case resolution, including account closure.

Operational Support & Compliance Collaboration:

• Provide other assistance as requested to the BSA/AML Officers in the daily responsibilities of managing the Bank’s BSA/AML and OFAC Compliance Program.

Training Development:

• Assist in the development and implementation of the BSA training program for all staff.
• Maintain a positive and professional image, consistently embodying the Credit Union’s mission, vision and values.

Additional Job Requirements:

Assist with Vendor Due Diligence program as needed and ensure new contracts and required due diligence documentation is collected.

Provide support and assistance to the AVP of Compliance during examination/audit for federal regulators and internal/external auditors.

Update policies and procedures as necessary.

Actively participate in Compliance/Credit Union seminars and workshops as required.

Other administrative duties as assigned by the AVP of Compliance to meet department goals.

Job Skills and Work Relations:

Required:

• Preparing clear, accurate, and well-structured case narratives, SARs, CTR documentation, and internal communication.
• Documenting investigative findings in a manner that supports regulatory review and audit requirements.

Verbal Communication

• Effectively explaining findings, concerns, and recommendations to BSA leadership, internal business partners, and compliance staff.
• Asking clarifying questions and participating productively in discussions related to investigations and compliance matters.

Multitasking & Time Management

• Managing multiple alerts, cases, and reporting deadlines simultaneous.
• Prioritizing workload efficiently to ensure timely completion of regulatory filings and internal reviews.

Abstract Reasoning

• Identifying patterns, trends, or anomalies across customer activity that may not be immediately apparent.
• Drawing logical conclusions from incomplete or complex information during investigations.
• Interpreting transaction records, system alerts, regulatory guidance, and legal or law-enforcement requests accurately.
• Applying written policies, procedures, and regulatory requirements appropriately to investigations.

Problem-Solving Skills

• Evaluating investigative findings and determining appropriate next steps or escalation
• Recommending reasonable and compliant actions based on risk, evidence, and regulatory expectations

Physical Effort and Working Conditions:

Employee performs duties in a standard office environment involving remaining in a stationary position most of the time, keyboarding close vision, and communication. May be required to move up to 50 pounds. Employee may work with a desktop computer, printer, copier, calculator, cash advance machine, scanner, telephone, Video Teller Machine (VTM) equipment, and other miscellaneous office equipment as needed. Employee may occasionally travel to surrounding area branches for networking, business development, or required training.

• 401(k)
• 401(k) matching
• Paid Short & Long-Term Disability insurance
• Health insurance
• Paid Life insurance
• Paid time off
• Paid Vision insurance
• 16 Paid time off volunteer hours
• Sick Time
• Paid holidays (Federal holidays observed)
• Personal Time
• Tuition Reimbursement
• Competitive Pay
• Identity Theft Monitoring
• Comprehensive training provided by a dedicated training staff

MidWest America is an equal opportunity employer. We are committed to creating a diverse and inclusive workplace where all individuals are treated with respect and dignity. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, genetic information, veteran status, or any other characteristic protected by applicable federal, state, or local law. All qualified applicants will receive consideration for employment.