Branch Manager, City of Boston Credit Union, Boston, MA
3 weeks ago
**BSA Manager, City of Boston Credit Union, Boston, MA**
City of Boston Credit Union is seeking to hire a Bank Secrecy Act (BSA) Manger to oversee the daily operations of the Credit Unions Bank Secrecy Act and Anti-Money Laundering (BSA/AML) compliance program. The BSA Manager reports to the Chief Compliance Officer.
**RESPONSIBILITIES:**
The BSA Manager will protect the safety and soundness of the Credit Union from a BSA/AML/Risk perspective. The BSA Manager develops, implements, administers, and monitors all aspects of the BSA/AML program, while also managing the day-to-day BSA team and functions. The BSA Manager will be responsible for identifying emerging BSA/AML/Office of Foreign Assets Control (OFAC) risks and ensuring that proper controls, procedures, and training are in place to help mitigate these risks.
* Ensure the Credit Union complies with all applicable Federal & State laws and regulations along with the Credit Unions policies & procedures as it pertains to BSA/AML.
* Stay abreast, through training, or regulatory notice of BSA/AML guidance changes and lead the implementation of those changes impacting the Credit Union.
* Maintains strong knowledge of Credit Union operations, products & services as they pertain to the Credit Unions risk profile.
* Develop, revise and review Credit Union policies, procedures, disclosures, notices and forms to comply with legislative and regulatory changes or new requirements as it pertains to BSA/AML.
* Prepare the annual BSA Risk Assessment and required policy updates.
* Use Verafin (or other anti-money laundering software/vendor) and COCC core software, including identifying system issues (and internal testing), coordinating periodic software upgrades and researching updates and improvements provided by BSA software vendor.
* Responsible for daily monitoring of alerts processing and case reviews and analysis of various reports and transaction data to identify trends, unusual or suspicious activity, and/or significant changes in account activity.
* Manage the CUs member due diligence and enhanced due diligence program. Ensure members are appropriately risk rated. Maintain the list of high-risk members and assist with ongoing monitoring reviews. Assist with clearing watch list, OFAC and 314(a) alerts, as needed.
* Collaborate on Suspicious Activity Report (SAR) decisions for reporting to FinCEN. Review Currency Transaction Report (CTR) processing to ensure completeness, accuracy, timeliness and compliance to FinCEN changes.
* Review SARs if prepared by BSA Analyst for complete, accurate, well-documented Narratives and timely filings. Maintain accurate supporting documentation of all SARs filed or investigations where SARs were not filed. Maintain an effective tracking system and well-organized records for audit purposes.
* Complete Enhanced Due Diligence (EDD) quarterly reviews of the Credit Unions high-risk customers. Perform research, analysis and investigation of the entire customer relationship documenting results for the review.
* Maintains confidentiality and ensures timely filings.
* Comprehends and articulates the impact of regulatory compliance changes and implements processes to minimize AML/BSA risk.
* Prepare documentation and reports as needed for the board, and executive and senior management.
* Participates on projects that affect AML/BSA/Risk. Determines how regulatory changes impact BSA/AML systems and work with internal team members to find solutions to alleviate manual work.
* Develops, coordinates, and facilitates BSA/AML/OFAC training for all Credit Union personnel/departments including Annual Board of Directors Training requirement.
* Performs quality control testing employing various methods such as data analysis, observation, interviews, or other investigative techniques.
* Successfully manages and oversees the BSA System validation and BSA Program testing Audits. Manage BSA/AML compliance audits and exams process.
* Coach, mentor, and support BSA analyst staff, as needed. Assist in hiring, completing performance evaluations and performance improvement plans, as needed.
**REQUIREMENTS/SKILLS NEEDED:**
* 5 year or more years of direct experience as a BSA Officer in a financial institution.
* Bachelors degree, preferably in business, finance, accounting, risk management or a related field, from an accredited college/university.
* Extensive working knowledge of overall Fincen regulations including the Bank Secrecy Act, USA PATRIOT Act, and related regulations.
* Basic knowledge of credit union administration, lending, and operations products & services; related state and federal laws and regulations and other banking industry operational policies and procedures.
* Demonstrated working knowledge of the principles and procedures related to AML, BSA, OFAC regulations and the USA Patriot Act requirements.
* Demonstrated analytical, communication (oral and written), and interpersonal skills.
* Ability to gather, compile and present data in a clear and logical manner.
* Ability to manage multiple priorities and complete all in a timely and efficient manner.
* Ability to proactively identify and assess potential concerns and risks.
* Must be detail-oriented, self-motivated, and able to function with minimal supervision, and flexible enough to work within a team environment as required
* Verafin AML Software and COCC core software experience a plus.
* FinCEN experience is a plus.
* CAMS certification is a plus.
* Microsoft Office Suite (Word, Excel, Outlook, PowerPoint) proficiency is preferred.
**HOW TO APPLY:**
Please email current resume to HR@CITYOFBOSTONCU.COM or mail resume to: City of Boston Credit Union, Attention: BSA Manager Position, 1 Union Street, 3rd Floor, Boston, MA 02108
-
Boston, MA, United States Cooperative Credit Union Association Full timeBSA Manager, City of Boston Credit Union, Boston, MA** City of Boston Credit Union is seeking to hire a Bank Secrecy Act (BSA) Manger to oversee the daily operations of the Credit Unions Bank Secrecy Act and Anti-Money Laundering (BSA/AML) compliance program. The BSA Manager reports to the Chief Compliance Officer. **The BSA Manager will protect the safety...
-
Boston, MA, United States Cooperative Credit Union Association Full time**BSA Manager, City of Boston Credit Union, Boston, MA** City of Boston Credit Union is seeking to hire a Bank Secrecy Act (BSA) Manger to oversee the daily operations of the Credit Unions Bank Secrecy Act and Anti-Money Laundering (BSA/AML) compliance program. The BSA Manager reports to the Chief Compliance Officer. **RESPONSIBILITIES:** The BSA Manager...
-
Boston, United States CareerBuilder Full time**BSA Manager, City of Boston Credit Union, Boston, MA** City of Boston Credit Union is seeking to hire a Bank Secrecy Act (BSA) Manger to oversee the daily operations of the Credit Unions Bank Secrecy Act and Anti-Money Laundering (BSA/AML) compliance program. The BSA Manager reports to the Chief Compliance Officer. **RESPONSIBILITIES:** The BSA Manager...
-
Boston Transportation Department
2 weeks ago
Boston, United States City of Boston Full timeOverview: Building off historical events in Boston and an international movement for car-free streets, the City of Boston held three Open Streets events in the summer/fall of 2022. These events were held on Centre Street in Jamaica Plain on July 10, on Blue Hill Avenue on August 6, and on Dorchester Avenue on September 24th. Each event was popular with...
-
Chief Financial Officer
3 weeks ago
Boston, United States Jspire Full timeThe City of Boston Credit Union has an incredible opportunity for a Chief Financial Officer to join its executive leadership team! The new executive will be a strategic advisor who will counsel the President/CEO and Board of Directors regarding the credit union's internal accounting, financial, and asset/liability management operations. Reporting to the...
-
Chief Financial Officer
2 months ago
Boston, MA, United States Jspire Full timeThe City of Boston Credit Union has an incredible opportunity for a Chief Financial Officer to join its executive leadership team! The new executive will be a strategic advisor who will counsel the President/CEO and Board of Directors regarding the credit union's internal accounting, financial, and asset/liability management operations. Reporting to...
-
Senior Library Assistant
4 days ago
Boston, United States City of Boston Full timeOverview Brief job description (essentali functions of the job): Class Specifications: Includes library assistants working in the branch libraries whose duties involve the following: greeting and directing patrons, registration of borrowers, charging and discharging of books and other materials, maintaining the book and other materials collections,...
-
Director of Neighborhood Housing Development
5 days ago
Boston, United States City of Boston, MA Full timeOverview The mission of the Mayor's Office of Housing's (MOH) is to make Boston a more equitable and inclusive city where all residents can thrive. MOH oversees programs that create and preserve affordable housing, support homeowners and renters, provide housing and services to homeless individuals and families, and develop city-owned property. The Mayor's...
-
Project Manager II
4 weeks ago
Boston, United States City of Boston, MA Full timeOverview This is a provisional appointment. Brief Job Description (essential functions of the job): Under the direct supervision of the Assistant Director of Operations, the Project Manager II will be responsible for the management of the department's construction projects, including larger scale and highly technical projects, from the initiation of funding...
-
Library Aide
4 days ago
South Boston, United States City of Boston Full timeOverview The Boston Public Library is seeking applicants for a part - time position in the South Boston Branch. Mature, dependable individuals are invited to apply. Daytime, evening, and weekend hours are available depending upon the needs of the department. Knowledge of one or more foreign languages is desirable. Responsibilities Sorting, verifying,...
-
Library Aide
5 days ago
South Boston, United States City of Boston Full timeOverview: The Boston Public Library is seeking applicants for a part - time position in the South Boston Branch. Mature, dependable individuals are invited to apply. Daytime, evening, and weekend hours are available depending upon the needs of the department. Knowledge of one or more foreign languages is desirable. Responsibilities: Sorting, verifying,...
-
Junior Sales Account Manager
4 days ago
Boston, United States Boston Harbor City Cruises Full timeBoston Harbor City Cruises is seeking a Regional Sales Associate for our Boston, MA operation. About You This person will be adaptable, dynamic, and embody City Experiences’ RESPECT Service System. About The Opportunity City Experiences’ mission is to create amazing experiences for our guests. The successful Regional Sales Associate will provide a...
-
Building Manager
3 weeks ago
Boston, United States City of Boston, MA Full timeOverview Maintains and oversees the security of the building and participates in security duties, i.e., periodically checks doors and windows, and performs security and reception duties in the building as required. Responsibilities * Supervises staff assigned to building security or maintenance programs. * Supervises evacuation of building during...
-
Boston, United States City of Boston, MA Full timeOverview The mission of the Mayor's Office of Housing (MOH) is to make Boston the most livable city in the nation by working with communities to build strong neighborhoods through the strategic investment of public resources. MOH oversees programs that create and preserve affordable housing, support homeowners and renters, provide housing and support...
-
Boston, United States Boston University Full timeApplicants will assist in clinical test interpretation, sign-outs, and consultation with physicians and other health care providers. Applicants will be expected to provide clinical, technical, and regulatory experience in general chemistry, clinical toxicology, immunology, blood gases, and mass spectrometry at BMC. Responsibilities will also include, but not...
-
Boston, United States City of Boston, MA Full timeOverview The mission of the Mayor's Office of Youth Engagement & Advancement is to uplift young voices in decision making processes and help advance the lives of young people across Boston through programming and resource connecting. OYEA believes it is crucial to have young voices actively engaged in the policies and decisions that impact their lives, and...
-
Facilities Manager
2 weeks ago
Boston, United States The Union Club of Boston Full timeAbout The Union Club of Boston The Union Club of Boston is a traditional private member owned city club that was founded in 1863. The Club presides in two private homes on Beacon Hill at Seven and Eight Park Street (the Club). The Club offers a la carte dining in our Red Room overlooking the Boston Common, beverages and light fare in the Everett Bar and...
-
Boston Program Manager
1 week ago
Boston, United States Girls, Inc. of Boston and Lynn Full timeWant to impact girls' development through transformative advocacy and direct service? Interested in effecting change to increase opportunities for all girls? If you are looking to join our team of dynamic professionals who thrive on empowering a new generation of leaders, we want to hear from you. **Girls Inc. of Boston and Lynn is hiring!** We have an...
-
Branch Manager
5 days ago
Boston, United States The Symicor Group Full timeBranch Manager – Up to $75K – Boston, MA – Job # 1840 Who We Are The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & San Antonio, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants...
-
Program Manager
2 weeks ago
Boston, United States City of Boston Full timeOverview: The mission of the Mayor's Office of Housing (MOH) is to make Boston the most livable city in the nation by working with communities to build strong neighborhoods through the strategic investment of public resources. MOH oversees programs that create and preserve affordable housing, support homeowners, providing housing and support services to...
