AML Analyst I

Republic Bank • Oak Brook, IL

259d • $50,000 - $61,500

About The Position

The AML Analyst I is primarily responsible for clearing daily Suspicious Activity Alerts (SAM) and reviewing/clearing e-Wire OFAC alerts. The position supports the overall AML/CFT compliance efforts as required under the Bank Secrecy Act, USA Patriot Act, and Office of Foreign Assets Control.

Requirements

• Excellent communication skills required (oral and written).
• Able to complete daily responsibilities with little supervision.
• Able to maintain confidential records in a detailed and organized manner.
• Ability to meet deadlines.
• Typing minimum of 30 wpm.
• Good organizational and reconciling skills.
• AML/CFT knowledge / background or banking experience.

Responsibilities

• Investigate and analyze suspect matches from e-Wire OFAC alerts and other list screenings.
• Work customer transaction alerts on the NICE/Actimize system, escalating suspicious activity to the AML Analyst II or AML Analyst III.
• Help prepare and file CTRs for Retail and MSB customers.
• Aid in Enhanced Due Diligence Reviews for high-risk retail customers.
• Aid in SAR preparation for activity identified as reportable.
• Provide other assistance as requested by the AML Officer in the daily managing of the AML/CFT and OFAC Compliance Program.

Benefits

• A competitive salary range estimated at $50,000 - $61,500 for this position.
• Generous Paid time Off (PTO) to help you rest, recharge, and take care of what matters most.
• Health, dental, and vision insurance with tax-advantaged FSA and HSA account options.
• Retirement benefits including 401k plan with discretionary matching contributions.
• Childcare assistance program to support working parents and their eligible dependents.
• Parental Leave for both primary and secondary caregivers.
• Short-term and long-term disability coverage for long-term income security.
• Basic Life and AD&D insurance with elective additional coverage for you, your spouse, or children.
• Mental health & wellness benefits including bank-paid Headspace meditation app subscription and access to our Employee Assistance Program.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities