Compliance Associate I

Platinum Federal Credit Union; Duluth (GA); On-site; USD 55,000 - 85,000; Full time

Benefits offered by this job

Health insurance

Life insurance

Dental & Vision

Disability insurance

401k

Paid holidays

Paid vacation

Certification reimbursement

Job summary

Platinum Federal Credit Union is seeking a detail-oriented Compliance Associate focused on AML/BSA transaction monitoring and KYC processes. The analyst will support compliance efforts by performing CDD/EDD, monitoring transactions, and maintaining accurate case dispositions to ensure adherence to regulatory standards.

The role requires 1–2 years of related experience, strong analytical abilities, and proficiency with compliance monitoring systems.

Qualifications

• Bachelor's degree in Business, Finance, Criminal Justice, or related field, or equivalent work experience.

Responsibilities

• Monitor automated transaction monitoring cases from BSA software.
• Analyze account activity flagged by models to identify potentially suspicious behavior.
• Document alert dispositions with rationale for clearing or escalation.
• Assist with CDD/EDD for new and existing members.
• Investigate alerts to ensure activity aligns with member profiles.
• Conduct enhanced due diligence reviews on high-risk members and accounts.
• Support risk assessments of money services businesses and other high-risk accounts.
• Update member risk ratings based on transaction trends.
• Stay updated on BSA/AML regulations and internal policies.
• Assist with audits, reporting, and internal reviews.

Skills

Analytical skills

Organizational skills

Communication skills

MS Office proficiency

Education

Bachelor's degree in Business/Finance/Criminal Justice or related field

Tools

Verafin

Mantas

Actimize

Fiserv AML Manager

Job description

Platinum Federal Credit Union is a trusted financial institution committed to protecting our members and maintaining the highest standards of regulatory compliance. We are currently seeking a detail-oriented and analytical Compliance Associate with a focus on AML/BSA transaction monitoring and Know-

Your-Customer compliance to join our Compliance team.

Position Summary:

The BSA/AML Compliance Analyst plays a critical role in ensuring the credit union's compliance with the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), USA PATRIOT Act, and OFAC (Office of Foreign Assets Control) regulations. The Compliance Associate will support the credit union’s compliance efforts by performing customer due diligence (CDD), enhanced due diligence (EDD), and transaction monitoring.

Key Responsibilities:

• Monitor and review automated transaction monitoring system (TMS) cases generated through the credit union's BSA software platform (e.g., NICE Actimize, Verafin, or equivalent).
• Analyze member account activity flagged by rule-based and behavioral analytics models to determine whether alerts represent potentially suspicious behavior.
• Document alert/case dispositions clearly and thoroughly, including rationale for clearing, escalating, or converting alerts to cases.
• Assist with customer due diligence (CDD) and enhanced due diligence (EDD) processes for new and existing members.
• Analyze alert triggers and investigate transactions to determine whether activity is consistent with member profiles and expected behavior.
• Conduct enhanced due diligence reviews on high-risk members, including businesses in high-risk industries, foreign nationals, and accounts with unusual activity patterns.
• Perform ongoing reviews and periodic risk assessments of money service businesses and other high-risk accounts.
• Support ongoing updates to member risk ratings and profiles based on transaction trends.
• Stay up to date with relevant BSA/AML regulations and internal compliance policies.
• Assist with compliance audits, reporting, and internal reviews.
• This role may perform other job duties as assigned by the manager.

Qualifications:

• Bachelor’s degree in Business, Finance, Criminal Justice, or related field, or equivalent work experience.
• 1 – 2 years of relevant BSA/AML analysis, fraud, compliance, transactional, retail, banking, or operational experience required.
• Excellent analytical, organizational, and communication skills.
• Proficiency in Microsoft Office and familiarity with compliance monitoring systems (e.g., Verafin, Mantas, Actimize, Fiserv AML Manager,).
• Ability to handle sensitive information with discretion and sound judgment.

Travel Requirements:

Travel is required and limited to regular business hours. There may be rare overnight travel for training.

PFCU will provide health insurance coverage to employees (family members can be added to this plan at a cost to the employee). PFCU provides life insurance for up to $100,000, dental and vision which is 100% subsidized by PFCU, plus Short-term and Long-term disability programs 100% paid by PFCU (only eligible after 1 year). Finally, PFCU also provides 401k Safe Harbor Plan with a 4% match on a 5% contribution with first 3% match dollar to dollar and additional 1% match 50 cents to a dollar.

As an employee of PFCU, you will receive eleven days of public holidays and ten days of paid vacation/sick leave. You are eligible to accrue vacation time and carry over a maximum of 10 days to the following year. All employee benefits are subject to periodic review and can be changed with or without notice. PFCU will reimburse reasonable costs associated with acquiring certifications, attending conferences, and undertaking training, as deemed necessary in the performance and execution of the job responsibilities.

All benefits come into effect after 60 days of probationary period. At PFCU, we do employee performance appraisals every year and you are rewarded for the efforts and expertise, as well as performance level and contribution to the organization. Based on the credit union profitability the board also declares an annual bonus.