Company: Pacific Service Credit Union
Posted on: November 15, 2020
Working for Pacific Service Credit Union
We put people first. That includes our members, our employees and
the communities we serve. We hire energetic and enthusiastic people
who want to work as part of our team.
What's in it for you?
Health insurance coverage: We provide our employees with 100%
medical, dental, vision, disability and basic life insurance for
full-time employees and eligible dependents. 401k: We contribute 3%
of your base salary to your 401k account regardless of whether you
contribute or not. In addition, we match 75% of your contributions
up to the first 3% of eligible compensation after one year of
service and up to 6% after three years of service. Bonus program:
All employees are rewarded for attaining our annual organizational
goals. Vacation and sick time: Full-time employees receive more
than two weeks' vacation per year, 10 paid holidays and 10 days of
Position Summary: The Risk Analyst performs a wide variety of
duties to support and maintain the foundation of the credit union's
BSA/AML Program. Emphasis is on investigating financial activity to
identify potential money laundering and/or other financial crimes;
filing required reports; providing staff with support related to
BSA, CIP, OFAC and suspicious activity; documenting ongoing
compliance efforts; and performing other processes as needed to
maintain an effective program. The Risk Analyst will also be called
upon to assist in the detection, mitigation and prevention of
credit union fraud through the use of fraud detection tools, report
monitoring and case investigation. This position reviews high risk
activity and works with all departments in cross training, as well
as recommending and taking corrective action. Essential
Functions:Assists the Bank Secrecy Officer in the monitoring of CTR
transactions for timely filing, 314(a) requests, 314(b) requests,
OFAC reports, and completing suspicious activity reports.
- Performs daily and other periodic review of various monitoring
reports software to identify, analyze, investigate and report high
risk and/or suspicious account activity.
- Reviews various credit union department level reports for
suspicious activity (or similar)
- Verifies that required OFAC checks have been completed for new
accounts, wire transfers and other transactions.
- Maintains a system to identify and monitor higher risk members,
accounts and transactions and takes action as appropriate based on
results of research.Assists with yearly risk assessments by
providing analytical data on negotiable instruments, wire and IAT
monitoring.Monitors online activities to identify possible
attempted account takeovers.Responds to alerts triggered by PSCU's
online fraud solution
- Communicates with members by phone and in writing to
investigate or develop an understanding of transaction
- Receives, prepares and files elder financial abuse
reportsProvides assistance to departments related to ID Theft Red
Flags, check fraud, kiting, loan fraud, VISA credit, debit and ATM
card fraud, wire transfer and EFT/ACH fraud and internal losses
- Provides operational support to branch and back office staff so
that they can assist members and handle situations in accordance
with credit union policies/procedures and regulations.
- Assists in maintaining, designing, and implementing new and
existing fraud detection and case management tools.
- Assists in ongoing trend analysis and risk assessment to
identify existing and future ID Theft Red Flags response
- Provides assistance to staff on investigating transactions;
including working with law enforcement to file reports and/or
prosecute suspects as appropriate.
- Stays abreast of Symitar enhancements and updates which may
affect the department.
- Interacts with other financial institutions, law enforcement
and members to validate information, confirm transactions and
identity of fraudulent individuals and activity.
- Provides insightful, actionable and analytical based
recommendations that identify fraud exposure from unauthorized
transactions, fraud risks and vulnerabilities to keep fraud losses
- Maintains thorough and current knowledge of all federal, state,
and local regulations as well as internal policies and procedures
and credit union products and services.
- Identifies and analyzes key risk indicators and works with
Information Technology department to effectively track these
- Assists with independent, state and federal BSA audits.
Non-Essential Functions: Performs special projects and other
responsibilities as assigned. Knowledge, Qualifications and Skills:
Education: Bachelor's or AA degree in Finance, Criminal Justice or
other related business discipline desired or equivalent comparable
experience. Experience: Minimum three years' experience working in
a branch or operational department, preferably at a credit union or
financial institution required, with two years' prior BSA and/or
fraud experience in a bank or credit union preferred. Skills and
Abilities: Working knowledge and analysis of BSA/AML strategies and
processes. Proficiency with utilizing fraud software tools such as
Global Vision Patriot Officer and Simplirisk.Strong written and
oral communication skills required to interact with employees,
members, management, law enforcement and other agencies as required
for this position. Must be able to handle difficult interpersonal
situations.Strong analytical skills with proven ability to use
sound judgment in making quick decisions, together with attention
to detail and ability to perform basic mathematical
calculations.Strong self-starter with a high level of dependability
and self-motivation, able to work independently and in a team
oriented environment.Ability to use basic computer programs, i.e.,
Windows, Word, Excel, required. Familiarity with Symitar a
plus.Knowledge of credit union operations, products and services,
and policies, including regulatory issues, required.
- Extra Credit Skills: You will bring your enthusiasm,
collaborative work-style, inquisitive attitude, flexibility,
creativity, focus on excellence, and overall "great-to-work-with"
- Travel Required: Minimal travel expected. Any travel during
assigned shifts requires ability to operate personal vehicle.
- Hours Required: Exempt employee with a work schedule of Monday
through Friday, generally 8 a.m. to 5 p.m., with some alternate
- Environmental Conditions: Work is primarily performed within a
cubicle on a second floor of two-story building with elevator.
Subject to standard background noise found in an office
environment. Physical Job Requirements: The physical demands
described here are representative of those that must be met by the
person in this position to successfully perform the essential
functions for the position.
- Sit, Stand, Walk: While performing the duties of the job, the
person in this position is regularly required to sit, stand, walk
and move about inside the office to access file cabinets, office
equipment, etc. The duties in this position will require regular
travel via personal vehicle which may result in long periods of
- Use of Hands/Fingers: To operate a computer, computer keyboard,
mouse and other office productivity machinery, such as but not
limited to; a calculator, copy machine and computer printer. The
person in this position is frequently required to sit and reach
with hands and arms.
- Speech/Hearing: The person in this position frequently
communicates via phone and in person. Must be able to talk to/hear
clients and educate them on products and services offered at the
- Lifting/Pulling/Carrying: The person in this position must
occasionally lift/move up to 20 lbs. and set up displays/tables at
- Bending/Kneeling: The person in this position occasionally
moves to retrieve items for use in presentations and daily work
Keywords: Pacific Service Credit Union, Concord , Risk Analyst, Professions , Concord, California
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