AVP Compliance, BSA Testing

Wintrust•Rosemont, IL

1d•Onsite

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 12 years) and Employee Recommended award by the Globe & Mail (past 6 years). 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 Promote from within culture. Why join this team? We foster an inclusive environment for an individual to grow and work independently. Opportunity to interact with management level, experienced professionals - higher visibility. Wintrust has a great compliance culture that comes from the top. Gain experience and further your career by joining a growing organization. Position Overview Responsible for expanding the BSA compliance testing program, continue strengthening the program structure, provide oversight and management of an effective Bank Secrecy Act (BSA) compliance testing program to validate the organization; Maintaining the required level of compliance set forth by its regulatory agencies; Verifying compliance with the BSA regulation governing the conduct of the entities’ affairs by providing regular testing and reporting of potential issues identified and verification appropriate corrective action is implemented.

Requirements

7-10 years of experience with 2nd line compliance testing, auditing, deposit/loan operations, BSA/AML/Sanctions knowledge.
Bachelor’s degree preferred.

Responsibilities

Expand the BSA Compliance Testing program to broaden components tested to continue to identify and assess BSA risk within the first line.
Provide oversight in developing BSA testing team members to further enhance knowledge of the testing process and documentation.
Provides guidance to staff regarding testing approach
Oversee and manage the annual review schedule to assure timely and appropriate completion of all reviews.
Manage 2nd line Compliance BSA Testing including: Review team members’ documents, workpapers, as well as the team’s reports for accuracy; review line of business responses to identified issues to verify appropriate corrective action is taken; verify correction action was taken to validate identified issues.
Test for compliance with bank policies and procedures, as well as all the Bank Secrecy Act requirements.
Exhibit superior time management skills.
Maintains confidentiality of information and protects entities sensitive information and materials.
Develop and maintains rapport with the staff, lines of business, and management to effectively obtain and communicate compliance information.
Provide timely reports to keep Senior Management informed on progress of Compliance Reviews.