Bank Secrecy Act (BSA) Program Manager
Not Disclosed•Full-TimeOn-site
location_onChristopher Columbus Highway, Rocky Hill, Capitol Planning Region, Connecticut, 06067, United States
About the Role
The BSA Program Manager serves as the Credit Union's BSA Officer, leading and managing the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and Office of Foreign Assets Control (OFAC) compliance programs. This pivotal role is accountable for program oversight, monitoring, reporting, and recordkeeping, while actively supporting fraud investigation and prevention efforts.
In this position, you will set clear expectations and drive results to ensure accountability across all compliance activities. You will act as the primary guardian of regulatory adherence, ensuring the institution complies with the USA Patriot Act, Customer Identification Program (CIP), and Customer Due Diligence (CDD/EDD/CBO) requirements. Your day-to-day involves overseeing alert workloads, investigating suspicious patterns, and conducting high-risk customer reviews to protect the credit union and its members.
Beyond technical compliance, this role is deeply collaborative. You will partner with Enterprise Risk Management, IT, Operations, and Retail departments to align AML prevention with broader risk objectives. A key part of your mission is fostering a culture of compliance by providing guidance and training to frontline staff, ensuring every employee understands their role in maintaining regulatory standards and delivering a secure member experience.
Work location
Work model: On-site
Christopher Columbus Highway, Rocky Hill, Capitol Planning Region, Connecticut, 06067, United States
Rocky Hill, Connecticut
Key Responsibilities
- check_circleServe as the BSA Officer ensuring compliance with all applicable laws and regulations
- check_circleLead preparation and submission of Suspicious Activity Reports and Currency Transaction Reports
- check_circleConduct enhanced due diligence reviews and assign appropriate risk factors
- check_circlePerform 90-day SAR follow-up reviews and ensure timely filings
- check_circleReport BSA activities and trends to Enterprise Risk Management Leadership
- check_circleMaintain all required records and documentation in accordance with regulatory requirements
- check_circleCollaborate with cross-functional departments to implement fraud prevention measures
- check_circleProvide guidance and training to frontline staff on BSA-related compliance matters
- check_circleConduct initial reviews of fraud activities and respond to identity theft concerns
- check_circleOversee alert workload, monitor suspicious patterns, and conduct SAR investigations
Requirements
- verifiedAssociate's degree in Finance, Business Administration, or related field
- verifiedMinimum five years' experience in BSA compliance regulations
- verifiedMinimum five years' experience in a financial institution
- verifiedCertified Bank Secrecy Act Professional (CBSAP) or Certified Credit Union Compliance Officer (CUCO) designation required
Nice to Have
Certified Anti-Money Laundering Specialist (CAMS) certification.
Similar Job Opportunities
Skills, education and keywords
Skills: Bsa, Aml, Ofac, Usa Patriot Act, Customer Identification Program, Customer Due Diligence, Suspicious Activity Reports, Currency Transaction Reports, Fraud Investigation, Enhanced Due Diligence.
Education: Associate's degree in Finance, Business Administration, or related field required.
Frequently asked questions about Bank Secrecy Act (BSA) Program Manager at Nutmeg State Financial Credit Union
What does a Bank Secrecy Act (BSA) Program Manager at Nutmeg State Financial Credit Union do?expand_more
In this Bank Secrecy Act (BSA) Program Manager at Nutmeg State Financial Credit Union role, you will serve as the bsa officer ensuring compliance with all applicable laws and regulations; lead preparation and submission of suspicious activity reports and currency transaction reports; conduct enhanced due diligence reviews and assign appropriate risk factors; and perform 90-day sar follow-up reviews and ensure timely filings.
What are the requirements for this Bank Secrecy Act (BSA) Program Manager role?expand_more
To qualify for the Bank Secrecy Act (BSA) Program Manager at Nutmeg State Financial Credit Union position, applicants should have: Associate's degree in Finance, Business Administration, or related field; Minimum five years' experience in BSA compliance regulations; Minimum five years' experience in a financial institution; and Certified Bank Secrecy Act Professional (CBSAP) or Certified Credit Union Compliance Officer (CUCO) designation required.
Where is the Bank Secrecy Act (BSA) Program Manager role at Nutmeg State Financial Credit Union located?expand_more
Bank Secrecy Act (BSA) Program Manager at Nutmeg State Financial Credit Union is based in Christopher Columbus Highway, Rocky Hill, Capitol Planning Region, Connecticut, 06067, United States. This is a on-site role.
Is this Bank Secrecy Act (BSA) Program Manager job remote, hybrid, or on-site?expand_more
Nutmeg State Financial Credit Union has listed this Bank Secrecy Act (BSA) Program Manager role as on-site.
How much experience is required for this Bank Secrecy Act (BSA) Program Manager role?expand_more
Candidates for Bank Secrecy Act (BSA) Program Manager at Nutmeg State Financial Credit Union should have senior.
What skills do you need for the Bank Secrecy Act (BSA) Program Manager role at Nutmeg State Financial Credit Union?expand_more
Key skills for Bank Secrecy Act (BSA) Program Manager at Nutmeg State Financial Credit Union include Bsa; Aml; Ofac; Usa Patriot Act; Customer Identification Program; Customer Due Diligence; Suspicious Activity Reports; and Currency Transaction Reports.
What education is required for Bank Secrecy Act (BSA) Program Manager at Nutmeg State Financial Credit Union?expand_more
Educational requirements for this role: Associate's degree in Finance, Business Administration, or related field required.
What category does the Bank Secrecy Act (BSA) Program Manager role belong to?expand_more
Bank Secrecy Act (BSA) Program Manager at Nutmeg State Financial Credit Union is part of the accounting & finance job category on Recrutus.