BSA Manager

POSITION TITLE: BSA Manager

REPORTS TO: Chief Risk Officer

SUPERVISES: To be determined

JOB STATUS: Exempt

JOB GRADE: 14: $80,288.00 - $100,339.20 Target Annual Pay

JOB SUMMARY:

The BSA/AML Manager is responsible for the day-to-day administration, execution, and continuous enhancement of State ECU's BSA/AML, OFAC, and financial crimes compliance programs. This role oversees operational monitoring activities, investigations, regulatory reporting, quality control processes, transaction monitoring systems, and reporting activities to support compliance with applicable laws, regulations, and regulatory expectations.

All employees of State Employees Credit Union are proactive, results driven, and fully committed to the Credit Union's mission and vision. They strive to achieve the highest standards of excellence and consistently exceed the expectations established by Credit Union Management.

Duties/Responsibilities:

• Manage the day-to-day administration and execution of State ECU's BSA/AML, OFAC, and financial crimes compliance programs.

• Oversee suspicious activity monitoring, investigations, escalations, case dispositioning, and related regulatory reporting processes.
• Ensure timely, accurate, and well-documented filing of SARs, CTRs, OFAC reviews, and other required regulatory reports.
• Develop, maintain, and enhance BSA/AML procedures, controls, workflows, monitoring processes, and documentation standards.
• Administer transaction monitoring and case management systems, including Verafin or equivalent platforms; review system performance, alerts, rules, workflows, and reporting effectiveness.
• Coordinate quality control reviews, monitoring validation, procedural testing, and other program review activities to assess consistency, accuracy, and regulatory alignment.
• Monitor program performance, identify emerging risks or control gaps, and recommend corrective actions, process improvements, and system enhancements.
• Prepare reports, metrics, dashboards, and program updates for management, leadership committees, auditors, examiners, and other stakeholders.
• Support regulatory examinations, independent audits, internal reviews, and remediation efforts, including gathering documentation and tracking corrective action items.
• Partner with Compliance, Risk, Operations, Lending, Branch Administration, Information Systems, and other departments to support enterprise-wide financial crimes risk management.
• Provide guidance, training, and subject matter support to employees and management on BSA/AML, OFAC, suspicious activity, and financial crimes matters.
• Supervise, coach, and develop assigned BSA/AML staff; assign work, review performance, support training, and promote accountability for quality and deadlines.
• Maintain awareness of regulatory changes, enforcement trends, examination expectations, and financial crimes trends; recommend updates to practices as needed.
• Perform other duties as assigned.

Required Skills & Qualifications:

1. Must Have · Advanced knowledge of BSA/AML, OFAC, and financial crimes regulatory requirements. · Advanced knowledge of suspicious activity investigations and regulatory reporting requirements. · Advanced analytical and problem-solving skills. · Advanced written and verbal communication skills. · Advanced organizational and documentation skills. · Advanced ability to manage multiple priorities and regulatory deadlines. · Advanced ability to collaborate with leadership, auditors, and examiners. · Advanced ability to exercise sound judgment and maintain confidentiality. · Basic to Advanced supervisory and leadership skills.

2. Nice to Have

• Expert knowledge of transaction monitoring systems such as Verafin.
• Experience developing or enhancing BSA/AML operational programs.
• CAMS or equivalent certification.
• Credit union experience.
• Experience supporting regulatory examinations and independent audits.
• Job Related Travel as required.

Travel- As Required: Those in a leadership role are expected to participate in company meetings, community events, and similar engagements as ambassadors to the organization and its mission. These include voluntary and involuntary events that although ordinarily will be during business hours, does include weekends and evenings as announced.

Education & Experience:

• Education or experience equivalent to a Bachelor's degree in Business, Finance, Accounting, Criminal Justice, Risk Management, or related field preferred plus seven (7) years of progressively responsible BSA/AML, financial crimes, fraud investigations, or compliance experience required.

• Two (2) years of supervisory or leadership experience is preferred.

• Relevant professional certifications are preferred but not required. This may include but is not limited to: 
  • Certified Anti-Money Laundering Specialist (CAMS)
  • Certified AML and Fraud Professional (CAFP)
  • Certified Financial Crimes Specialist (CFCS)
  • Certified Fraud Examiner (CFE)

General Requirements:

Must be capable to execute all terms and conditions set forth in the Employee Handbook, including but not limited to:

• Work in a safety conscientious manner which ensures that safe work practices are used in order not to pose a risk to self or others in the workplace.
• Adhere to policy on Drug Free Workplace.
• Comply with company policies and procedures and local, state and federal regulations.

Physical Requirements:

• Prolonged periods of sitting at a desk and working on a computer.
• Some standing, walking, kneeling, stooping, bending and lifting.
• Must be able to lift to fifteen (15) pounds at times.
• Must be able to access and navigate credit union facilities.

Great careers come with great benefits! State Employees Credit Union offers a highly competitive benefits package and a rewarding opportunity to grow with an organization that values its employees.

Applications must be received by Human Resources.

State Employees Credit Union of New Mexico is an Equal Opportunity Employer, including individuals with disabilities and veterans.