The core duty of the Assistant Risk Manager position is to manage the Risk Management department's Bank Secrecy Act and Fraud components. This role entails overseeing the Senior and Risk Management Specialist positions and taking charge of crucial areas such as FinCen reporting, fraud investigation, and cannabis-related banking activities. The Assistant Risk Manager will collaborate closely with the Risk Management Specialist team to ensure the proper execution of Bank Secrecy Act procedures, while also focusing on fraud prevention, process enhancement, and providing coaching and guidance. The Assistant Risk Manager for Fraud / Bank Secrecy Act (BSA) plays a critical role in safeguarding the credit union from fraudulent activities and ensuring compliance with all relevant BSA regulations. This role involves complying with state regulations and oversight of proper monitoring with cannabis related business accounts. This position reports directly to the Risk Manager and is involved in developing, implementing, and maintaining effective fraud prevention and BSA programs within the organization. This role often works closely with other stakeholders to assess, monitor, and mitigate risks related to Bank Secrecy Act compliance and fraudulent activities.
