BSA/AML Compliance Analyst - To 75K - Glenview, IL - Job 3866-147089

The Symicor Group•Glenview, IL

14h•$75,000•Onsite

About The Position

The Symicor Group is recruiting for a bank client seeking a BSA/AML Compliance Analyst in the Glenview, Illinois area. The role performs BSA/AML activity monitoring, analytics, and reporting, with responsibility for reviewing complex and higher-risk customers and alerts. It is not a remote position. The role offers a salary of up to $75,000 and a full benefits package. The analyst reviews alerted transactions in the context of available KYC/CDD information, conducts research using internal systems and external sources, and documents conclusions on whether activity is reasonable or should be escalated as potentially suspicious. The analyst must follow applicable policies, procedures, laws, regulations, and best practices, and incorporate feedback from quality-control functions. Other duties may be assigned by the Chief BSA/AML/OFAC Officer.

Requirements

At least 5 years of related experience, with an emphasis on BSA transaction monitoring.
Knowledge of laws applicable to money laundering, including the Bank Secrecy Act, the US Patriot Act, OFAC, and Suspicious Activity Reporting.
Strong analytical skills, including the ability to organize and analyze multiple complete data sets.
Strong interpersonal and organizational skills.
Excellent attention to detail and follow-through.
Strong technical, research, and Excel skills.
Excellent writing, analytical, and communication skills.
Ability to understand research findings and draw conclusions from them.
Ongoing sense of urgency and a high level of flexibility.
Keeps current on BSA/AML/OFAC news, events, and regulatory updates.
PC proficiency with Microsoft Office products, including Word and Excel, and knowledge of database and internet software.

Nice To Haves

CAMS or CRCM certification.

Responsibilities

Handle more complex, higher-risk customers and alert types.
Perform and document sufficient KYC/CDD information to support alert resolution.
Review alerted transactions in detail to determine whether activity is commensurate with the customer relationship and available KYC/CDD information.
Assess transactional activity for risks, patterns, and trends potentially related to money laundering and terrorist financing.
Use internal systems, available databases, and internet research to gather information and support analysis and conclusions.
Prepare written analyses supporting conclusions that activity is reasonable for the customer or recommending escalation of potential suspicious activity.
Follow confidentiality policies, the code of ethics, and policies and procedures related to BSA/AML laws, regulations, and best practices.
Address feedback from quality-control functions and incorporate it into future work products.
Perform other duties as assigned by the Chief BSA/AML/OFAC Officer.