Compliance / Fraud Specialist - PIONEER FEDERAL CREDIT UNION : Job Details

Job DetailsJob LocationMountain Home Admin Office - MOUNTAIN HOME, IDPosition TypeFull TimeEducation LevelAssociate's DegreeTravel PercentageNegligibleJob ShiftDayJob CategoryBankingDescriptionPioneer FCU offers a complete benefits package to all team members that includes, but not limited to:

• An excellent compensation package starting at$20.79per hour
• An8% Employer Matching dollar-for-dollar401(k)program after Year One
• Health, dental and vision insurance
  • Pioneerpays a minimum of 80%of the premiums
• 12 paid holidays including day after Thanksgiving
• Accrue up to 16 days of Paid Time Offin year one, plus Birthday and Work Anniversary day off
  • PTO accrual increases with Pioneer seniority
• Up to $300 in Interest-free Wardrobe Salary Advance available on Day One!
• Up to $2,000 in Interest-free Technology Salary Advance
• Up to $1,000 Interest-free Wellness Advance to purchase gym membership, Peloton, or any exercise equipment
• Up to $2,300 in Tuition reimbursement per semester
• Childcare reimbursement up to $100 per child per month
• So much more!

As a progressive financial institution, we areseeking a dynamic individual to fulfill the role of Compliance / Fraud Specialistin our AdministrativeOffice in Mountain Home, ID.This position is responsible for the detection, mitigation, and prevention of credit union fraud and operational risk through the use of fraud detection tools, report monitoring, and case investigation. The Compliance/Fraud Specialist will assist the Internal Audit Manager with monitoring and managing Pioneer's regulatory compliance program to include but not limited to regulatory reporting with government agencies. Will be proactive in maintaining ongoing regulatory and fraud education for the credit union, including but not limited to red flag, Bank Secrecy Act (BSA), and updating managers on new fraud and best practices for limiting losses. Act as a point of contact for all electronic fraud (RDC, external transfer, wire, bill pay, Popmoney, etc.), and electronic limit increases. Perform daily tasks such as reviewing closed accounts to make sure all electronic channels are closed. Reviews, makes suggestions, and assists the Internal Auditor Manager with writing policies and procedures.Responsibilities Include:

• Reviews the sensitive account access in the file maintenance report daily to ensure that team members are not doing financial transactions on their own accounts, review overrides, loan modifications, and dormant account access. Review alerts created on a daily basis in the Simpli Risk fraud prevention tool.
• Monitor emails for bill pay fraud from FIS Bill pay and external transfer fraud from Cashedge. Serves as the credit union's assistant Bank Secrecy Act (BSA) Officer, and assists with OFAC, Anti-Money Laundering, and Member Identification Programs (MIP). Verifies on a daily basis International ACH Transactions (IATs) that do not pass the credit unions OFAC and FinCEN verification. Responsible for CTR batch filing and individual electronic filing of SARs with FinCEN. Completes daily internal BSA reports such as cash transactions between $3,000 and $10,000, excessive cash withdrawals, and negotiable instruments between $3,000 and $10,000. Ensures that the membership verification against the OFAC lists is verified and provides back-up to the Internal Audit Manager for the bi-weekly FinCEN Membership check.
• Receives all fraud checks from the branches and assists the branches with counterfeit currency.Helps other departments and branches investigate possible fraud or losses. Reviews, makes suggestions, and assists with writing policies and procedures to prevent loss. Perform proactive and timely account monitoring and report findings to identify fraud, account abuse, and illegal activities to mitigate risk, and avoid losses. Gather data and conduct interviews (internal and/or external) to determine facts and obtain statements. Document factual and impartial findings in a thorough and professional manner. Analyze and take proper action on fraud or potential fraud situations in accordance with applicable regulations, laws, or internal policies and procedures. Stays a breast with changes to banking laws and regulations. Tracks and monitors compliance changes and notifies Internal Audit Manager of upcoming changes that need to be implemented. When appropriate, will make Internal Audit Manager aware of any activity that warrants the completion of a Suspicious Activity Report (SAR) and will write the SAR for review before filing.
• Recommends fraud awareness materials for member education purposes. Identifies weakness of processes and fraud-related controls and makes recommendations for improvement. Review user system security to ensure that team members have the correct authorities for their positions and make suggestions on changes. Assists Internal Audit Manager with preparing for internal audits, examiners and/or independent audits during regulatory examinations as needed.
• Maintains knowledge of all credit union products, services, and promotions to ensure compliance. Adheres to the established Core Values identified by the credit union. Performs other related job duties as assigned. Contributes to efficient credit union operations by performing other job-related duties as assigned. Will Assist branches with OFAC and MIP. Maintain the credit union's Disaster Recovery Plan, and vendor management programs.

QualificationsExperience: Minimum six months of similar or related experience.Education: (1) An Associate's degree, or (2) achievement of formal certifications recognized in the industry as equivalent to an Associate's degree (e.g. Bank Secrecy Act and Compliance certifications in lieu of a degree).A high school education or GED.Interpersonal Skills:A significant level of trust and diplomacy is required, in addition to normal courtesy and tact. Work involves extensive personal contact with others and/or is usually of a personal or sensitive nature. Work involves motivating or influencing others. Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary.Other Skills:This position requires excellent public relations skills, knowledge of Credit Union services and products, organizational skills to ensure the proper recording and dissemination of required information. Efficiency and accuracy, as well as professionalism in communication, is vital to the successful execution of this position.Physical Requirements:Very light physical effort. Typical of most office jobs. Work in comfortable positions. May include constant standingWork Environment: Normal light, heat, air, and space in work environment.