Voted Forbes list of America's Best In-State Credit Unions 7 years in a row! At Lighthouse, our core values drive our mission and vision. Our mission is to enrich and nourish the lives of others to create a community that's Good for You, Good for All. OUR LEADERSHIP PHILOSOPHY At Lighthouse Credit Union, we believe all individuals, regardless of position level, are considered leaders. By providing a framework that balances clarity with adaptability, our Leadership Competencies aim to foster a culture of continuous growth and agile leadership. Lighthouse Credit Union is committed to embracing change, nurturing leadership talent, and ensuring our performance management practices are aligned with our vision of fostering a resilient and forward-thinking organization. As such, we all hold ourselves accountable to the following:
LEADERSHIP COMPETENCIES |
Demonstrates Interpersonal Awareness & Skills A cornerstone of our collaborative work environment, this competency emphasizes effective communication, relationship building and teamwork. It also supports creating a positive work environment that values individual contributions and fosters teamwork. As a managing leader, you will guide your team in effective communication strategies, foster strong interdepartmental relationships and model collaboration. |
Embraces Change & Learning This competency focuses on adaptability, personal development and the advocacy and embracing of progressive change. You will be challenged to explore continuous learning opportunities to achieve excellence and foster a culture of growth and innovation. As a managing leader, you will build buy-in for change among team members, support their development and effectively manage team dynamics to achieve business results. You will also champion the benefits of change and encourage innovation and the generation of new ideas. |
Utilizes Critical & Creative Thinking Underlining the importance of innovative problem solving, challenging the status quo and strategic thinking, this competency is vital for driving excellence and leadership. This competency challenges to take initiative beyond one's immediate responsibilities. As a managing leader, you will effectively problem-solve through creative methods, lead changes with optimism and motivate the team by setting clear expectations and recognizing performance. |
Takes Personal Ownership This competency focuses on taking responsibility for performance goals, proactive collaboration, and accountability. It highlights the significance of each team member taking ownership of their role and contributions while demonstrating leadership qualities regardless of their position. As a managing leader, you will build and maintain collaborative relationships across the organization, seek constructive feedback and ideas for improvement and hold the team accountable for business impact while supporting their development. |
POSITION SUMMARY The Director, BSA and Fraud is responsible for leading and overseeing the organization's efforts to ensure compliance with the Bank Secrecy Act (BSA), Anti-Money Laundering (AML) regulations, and related fraud prevention measures. This role requires a strong understanding of regulatory requirements, the ability to develop and implement strategic anti-fraud and BSA/AML programs, and leadership in managing compliance teams. The Director will ensure the organization mitigates risks associated with financial crimes, fosters a culture of compliance, and reports to senior leadership on the effectiveness of BSA/AML and fraud prevention strategies. ESSENTIAL FUNCTIONS & RESPONSIBILITIES
- Leads the BSA/AML and fraud prevention teams, including direct supervision and development of staff.
- Develops and implements strategies for detecting, investigating, and preventing fraud and suspicious activity.
- Ensures the company's BSA/AML and fraud prevention policies and programs are in compliance with all applicable laws and regulations.
- Works with senior leadership to develop and execute policies, procedures, and training programs related to BSA, AML, and fraud detection.
- Ensures adherence to all local, state, and federal regulatory requirements concerning financial crimes, including BSA, AML, USA PATRIOT Act, and sanctions compliance.
- Oversees the monitoring of suspicious transactions and ensures timely and accurate reporting to regulators (e.g., filing SARs and CTRs).
- Ensures adherence to all local, state, and federal regulatory requirements concerning financial crimes, including BSA, AML, USA PATRIOT Act, and sanctions compliance.
- Conducts periodic audits and internal assessments of BSA/AML and fraud prevention programs to ensure ongoing compliance.
- Leads investigations of suspected fraud or financial crime activities, ensuring thorough documentation and timely resolution.
- Works closely with legal, compliance, and risk management teams to ensure alignment on BSA/AML and fraud initiatives.
- Oversees the investigation of suspicious activity reports (SARs) and collaborates with law enforcement and regulators as needed.
- Assists with BSA and Fraud audits, and risk assessments. Works with regulators on exams and addresses audit findings
JOB SPECIFICATIONS
- Strong project management skills and ability to manage multiple priorities in a fast-paced environment.
- Excellent problem-solving, analytical, and investigative skills.
- Strong leadership and team management skills, with the ability to mentor and develop staff.
- Proven ability to navigate complex compliance issues and effectively manage risk in a financial institution setting.
EDUCATION, TRAINING & EXPERIENCE
- Bachelor's degree in business, Finance, Criminal Justice, or related field required.
- At least 10 years of experience in BSA/AML compliance, fraud prevention, or related fields within a financial institution, with at least 5 years in a leadership or managerial role.
- Professional certifications such as CAMS (Certified Anti-Money Laundering Specialist), CFE (Certified Fraud Examiner), or similar certifications highly preferred.
- Strong understanding of federal and state banking regulations, BSA/AML laws, fraud prevention techniques, and industry best practices.
WORK ARRANGEMENT: The working arrangement for this position is hybrid. Hybrid work is an opportunity to find the right balance between working in the office and remotely, especially if it supports individual success and the needs of our organization. Hybrid schedules are determined by the hiring manager based on business unit needs and may vary by department. _______________________________________________ Benefits We Offer:
- Employee loan discount
- Student loan/tuition assistance program
- Comprehensive medical/dental/vision +
- PTO and paid federal holidays
- Weekly paychecks
- 401k plan with employer match/profit sharing
- Participation in the Annual Incentive Plan
Additional Perks:
- Continued training and advancement opportunities
- Balanced/Predictable schedule; all locations close at 5pm and on Sundays
- Opportunity to join our many employee created Engagement Groups (e.g. Pride at Work, Women in Leadership, Book Club, Running & Walking)
- Local Volunteer Opportunities with employer contributed Volunteer Day
- Company Outings and annual Summit
- Hybrid work environments
______________________________________________________________ Equal Opportunity Employer |
Lighthouse Credit Union
tuition assistance, 401(k), profit sharing
Jan 17, 2025