Compliance Specialist

About the Role

Join GoWest Credit Union Association in Portland, OR as a Compliance Specialist responsible for managing alerts, reports, and reviews related to anti-money laundering (AML) and Bank Secrecy Act (BSA) compliance. This role requires expertise in special account types and hands-on experience with compliance software and processes within credit unions or banks.

Key Responsibilities

• Handle Verafin alerts including Currency Transaction Reports (CTRs), Suspicious Activity Reports (SARs), BSA/AML reviews, Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), Watch List and OFAC checks, elder abuse investigations, employee fraud cases, and Unusual Activity Reports (UARs).
• Review OFIN email alerts and validate member data using Social Security Numbers in XP2 system.
• Conduct OFAC and Watch List evaluations for ACH and wire transfers.
• Monitor deceased accounts by managing DNE ACH notices, preparing communications, tracking activities and performing monthly follow-ups.
• Serve as subject expert for special account types including Powers of Attorney, Trusts, and Estate accounts.
• Perform monthly reviews of high-risk customers, updating the monitoring list as necessary.
• Manage dormant accounts by sending quarterly notices, applying flags, and reporting applicable fees.
• Maintain notary records and track expiration notifications for employees.
• Support vendor due diligence activities including records collection and compliance documentation maintenance.
• Coordinate annual robbery training for credit union staff.
• Assist with incoming BSA-related queries from staff and handle related training, reporting, and program maintenance.
• Submit electronic filings for CTR and SAR reports timely.
• Help keep policy manuals updated and accurate.
• Process subpoenas through research, document preparation, and deadline management under supervision.
• Prepare monthly BSA/compliance reports as assigned and maintain credit union record retention.
• Perform other relevant duties as required.

Qualifications and Experience

• Minimum of one year compliance experience in a credit union or banking environment preferred.
• Experience opening special accounts such as trust, representative payee, deceased, business, and personal accounts is required.
• Proficiency with Verafin and XP2 software is desirable.
• Strong computer skills including Microsoft Office applications.
• Physical ability to remain seated for extended periods with frequent data entry and typing duties.
• Work conditions include regular hours with occasional overtime, communication via phone and in person, exposure to moderate noise, and occasional travel to branch locations.
• Excellent written and verbal communication skills, strong interpersonal abilities, and sound judgment in confidential matters.
• Organizational skills and analytical ability to address member and staff concerns efficiently.
• Capacity to work independently, maintain focus amidst interruptions, and demonstrate professionalism in dealings with members and staff.

Compensation

Salary range for this position is $21.63 to $36.05 per hour.