Anti-Money Laundering (AML) Specialist

Financial Freedom Happens Here – and it starts with YOU. At FAIRWINDS Credit Union, we’re more than a workplace; we’re a team on a mission. Join the credit union nationally endorsed by The Dave Ramsey Show, where every day is a step toward financial freedom - for our members and for you. Do you enjoy investigating, finding patterns others miss and making sure things are done right? FAIRWINDS is looking for a detail-driven AML Specialist to join our BSA team. In this role, you'll use your knowledge of Bank Secrecy Act forms and procedures to help apply our BSA/AML/OFAC Policy and Program across the entire credit union. You'll review alerts and investigate account activity, help with law enforcement and information-sharing requests, and be a go-to resource for team members with BSA questions. You'll also help improve the procedures and processes behind our compliance program and share your knowledge with your colleagues in the Risk Department. Your Role in Our Mission: Research, review and decide on alerts, and prepare Suspicious Activity Reports (SARs) when needed. Analyze member accounts for Enhanced Due Diligence (EDD), high-risk designation and ongoing monitoring. Monitor for Office of Foreign Assets Control (OFAC) compliance. When directed, help with subpoenas, law enforcement requests, National Security Letter (NSL) requests, and 314(a) and 314(b) information-sharing requests. Answer team members' questions about BSA compliance requirements, including through HelpDesk tickets. Help with and oversee the daily completion of Currency Transaction Reports (CTRs) when needed. Complete the annual review of CTR exemptions, and do ad hoc reviews of accounts that may qualify for exemption. Review weekly and monthly Customer Identification Program (CIP) reports as procedures require. Take corrective action when needed, including updating member records in our core system. Keep up with regulatory changes and best practices for the Bank Secrecy Act and OFAC. Write and update procedures to keep us compliant with BSA/AML/OFAC requirements, and recommend improvements to BSA Compliance Program processes as you find them. Once a quarter, create PowerPoint slides and present a FAIRWINDS Way topic at the Risk Department's monthly meeting. Contribute to BSA department projects that develop or improve processes and make them more efficient. What Makes You a Great Fit: Associate's degree preferred. 2–3 years of related experience and/or training. At least 2 years of AML-specific experience (preferred). An understanding of the Bank Secrecy Act, anti-money laundering regulations and OFAC requirements. This includes the requirements, procedures and forms for CTRs, SARs, the Customer Identification Program, customer due diligence, enhanced due diligence and the report logs the regulations require. A Culture of Care and Reward: You give your best, and we give back with a comprehensive and meaningful rewards package: Enjoy 11 paid holidays and generous paid time off to recharge and reset Build your future with a 6% 401(k) match Receive a $700 annual contribution to your Health Savings Account Access our comprehensive maternity leave program to support growing families Stay covered with medical, dental, vision, disability, and life insurance Grow your career through leadership development, tuition assistance, and advancement opportunities Earn rewards for financial wellness through our Debt Free Club and Dave Ramsey’s SmartDollar program Thrive in a purpose-driven, people-first culture where your impact matters About FAIRWINDS Credit Union At FAIRWINDS Credit Union, Financial Freedom Happens Here. Headquartered in Orlando, we’ve proudly served members for more than 70 years. Our mission - Changing members’ lives on the journey to Financial Freedom - guides every decision we make, and our vision is simple: Members financially free. Through The FAIRWINDS Way, we foster a culture built on integrity, accountability, and teamwork. We are also proud to be nationally endorsed by The Dave Ramsey Show as a trusted provider committed to financial wellness! We’re honored to be recognized as one of the Forbes 2024 Best-in-State Credit Unions and Orlando Business Journal’s Best Places to Work. Join a top workplace where your purpose matters, and your growth is supported every step of the way.