AVP BSA Program Management
About The Position
Wintrust provides community and commercial banking, specialty finance and wealth management services through its 16 bank charters and nine non-bank businesses. Wintrust delivers the sophisticated solutions of a large bank while staying true to the relationship-focused, personalized service of our community banking roots. We serve clients in all 50 states with more than 200 branch banking locations in Illinois, southwestern Florida, northwestern Indiana, west Michigan and southern Wisconsin and commercial banking offices in Chicago, Denver, Milwaukee, Grand Rapids, Mich., and in key branch banking locations throughout Illinois. Our people are the heart of our business and we are proud to rank consistently as a top place to work. Wintrust is a $66 billion financial institution based in Rosemont, Illinois, and listed on the NASDAQ Global Select Market under the symbol “WTFC.” Why join us? An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 8 years) and Employee Recommended award by the Globe & Mail (past 6 years) Hybrid work schedule Competitive pay and discretionary or incentive bonus eligible Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few Family-friendly work hours Promote from within culture Why join this team? An important role tied to the development of a strong BSA/AML program and supporting revenue growth for the company. This position will work with business lines to evaluate whether identified restricted prospective customers fit within our risk appetite, within the current BSA/AML/OFAC program, and if programmatic gaps are identified to develop an onboarding and monitoring program that meets regulatory expectations for a strong BSA/AML program for approval. This position will conduct initial onboarding evaluations and work across the BSA/AML program to develop an intake evaluation process, onboarding requirements, and coordinating discussions with BSA/AML Leaders, Lines of Business, and appropriate resources such as outside consultants. Subject matter expertise on BSA/AML regulatory expectations related to higher-risk customers, building strong and effective programs, and how to integrate within current programs is essential. This position recommends expansion of current program requirements when appropriate and works closely with other BSA/AML Leaders to enhance procedures, technology, and monitoring rules to engage newer customer types.
Requirements
- 5-7 years BSA experience with time spent in program development specifically for higher risk customer types.
- Experience with assessing and building BSA programs to encompass BaaS, cryptocurrency, and FinTech.
- CAMS certified or in the process of obtaining CAMS certification or other BSA/Fraud related certification.
- Bachelor’s degree preferred.
Responsibilities
- Evaluation of potential new restricted customer types that do not already have a program built to evaluate the BSA/AML risks and program impact.
- Documenting findings and engage BSA/AML Leaders for recommended program enhancements and changes, including building new restricted customer onboarding and ongoing monitoring programs for approved customers.
- Coordinate project with BSA/AML Leaders to implement recommended program enhancements and changes.
- Administrative, professional development, development & provision of internal training.
Benefits
- Hybrid work schedule
- Competitive pay and discretionary or incentive bonus eligible
- Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few
- Family-friendly work hours
- Promote from within culture
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
