BSA Analytics Specialist
| Company | Lake Michigan Credit Union |
|---|---|
| Location | Grand Rapids, MI, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Mid Level, Senior |
Requirements
- 3 to 5 years of experience (5 years preferred) in a compliance or analytics role, including requirements gathering, development, validation/testing, and optimization.
- 1 to 2 years of applied experience in AML, OFAC, fraud detection, financial crimes, or a related field.
- Bachelor’s degree in data science, computer science, or a related quantitative field (e.g., math, economics, MIS).
- Proficiency in data visualization, and statistical analysis.
- Strong analytical and problem-solving skills, with the ability to translate complex data into actionable insights.
Responsibilities
- Utilize the AML and other analytical tools to create and manage analytical solutions that support compliance efforts.
- Create/update business rules within the AML tools to minimize false-positive screening alerts, improving the efficiency and effectiveness of the alert review process.
- Perform ongoing reviews of the AML tools programming to capture fraud and suspicious activity trends, as well as red flags identified by FinCEN.
- Present data insights, prepare and present well-documented insights and recommendations to management, auditors, and examiners to support compliance and business needs.
- Obtain/maintain knowledge of data elements that impact BSA/AML/CFT regulatory requirements and the software used by LMCU to collect and/or monitor said data points. Collaborate with technology teams to gather and analyze data that supports the business unit and objectives.
Preferred Qualifications
- 5 years of experience preferred.