Year’s Resolution ? Work for Community Financial Credit Union
Why would you want to work here?
Does Flip Flop Friday interest you?
What about Massage Day? Company
Picnic, A Day at the Ball Park, Ugly Sweater Day? The ability to be involved in
the community you work in and spending time involved with numerous charitable organizations? How about being part of the CFCU family where
we put our members and team members first?
Our Total Rewards package includes medical, dental, vision, with a generous
time off package and matching 401K, and paid time off to do volunteer work!
like to be part of history and growth in the year 2018? It all began back in 1951 when the beloved
Daisy Air Rifle Company, Plymouth’s principal employer, formed the Daisy
Employees Federal Credit Union. We have
grown to locations in Plymouth, Canton, Novi, Northville and Livonia, and soon
Westland and Wixom, along with branches in Gaylord, Atlanta, Hillman and
Financial Credit Union invites you to apply for employment and join one of the
“101 Best & Brightest Companies to Work for in Metro Detroit!
Compliance and Risk Specialist - Plymouth Headquarters
for assisting the Manager of Deposit/Payment Risk in Bank Secrecy Act, OFAC,
fraud prevention and other deposit/payment compliance, and control of deposit*
and payment** risk***. Recommends and
assists in developing and updating policies, procedures and control/monitoring
methodology for managing deposit and payment risk. Maintains current knowledge of and advises
others on compliance/legal requirements in deposit/payment risk management
areas. Includes external communications
with members, Internal Revenue Service representatives, attorneys, law
enforcement, auditors and examiners.
A Typical Day in the Life of Compliance and Risk
daily oversight of suspicious activity including the monitoring of internal
reports, investigation through research and internal inquiry, and documentation
suspicious activity reports for review by manager
currency transactions, wire transfers, and negotiable instruments to ensure
appropriate AML/BSA reporting
the accurate and timely filing of currency transaction reports (CTRs)
in the implementation of regulatory changes as needed, including but not
limited to AML/BSA, OFAC,
Regulation CC, Regulation E, FACT Act, Truth in Savings, etc.
compliance and fraud monitoring and reporting, including but not limited to
high-risk business accounts, bill pay transactions, potential check kiting
and recommend action in response to card and other fraud alerts
and recommend action in response to requests relating to courtesy pay, account
opening/re-opening/closing, account restrictions; provides overrides as deemed
branches and other departments in resolving suspect transactions/activities
to inquiries regarding complex deposit/payment policies and procedures
in the development of deposit/payment risk management and fraud prevention
policies, controls and monitoring systems
in ensuring levy, garnishment and subpoena compliance
with law enforcement including opening of cases and communications regarding
IRS B-notices to ensure compliance
with backup withholding requirements
advice and assist in ensuring compliance with court orders, etc.
in ACH, compliance and organizational risk assessments, along with audit/exam
preparation and required follow-up actions
participate in Credit Union committees, as necessary
any other job related functions as directed by the Manager, Deposit/Payment Risk
is defined as credit union deposit channels:
Office, ACH, ATM, Web
**Payment is defined as
credit union payment systems which include credit and debit cards, ACH, Web,
Bill Pay, Courtesy Pay and ATMs
is defined as compliance, fraud, policies and best practices
Expectations and Required Qualifications
banking history with experience in prevention, investigation, and resolution of
issues related to BSA/AML and fraud preferred
proficiency in Bank Secrecy Act/OFAC compliance preferred
understanding of deposit/payment related compliance
communication skills, both oral and written
organizational and time management skills with the ability to prioritize
experience preferred, including Word, Excel and PowerPoint
to discretely handle highly confidential matters
school diploma or equivalent required. College degree with Business/Finance major
conditions are normal for an office environment.