BSA/AML Compliance Analyst – Job # 3866-147089

Symicor Group•Glenview, IL

13h•Onsite

About The Position

The bank client is seeking a BSA/AML Compliance Analyst in the Glenview, Illinois area. The position is responsible for BSA/AML activity monitoring, analytics, and reporting. It handles complex, higher-risk customers and alerts, reviews transactions, and documents conclusions about whether activity is reasonable or should be escalated as potentially suspicious. The position is not remote and offers a salary of up to $75,000 and a full benefits package.

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 and 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.
Ongoing sense of urgency and a high level of flexibility.
Keeps current on BSA/AML/OFAC news and events, as well as 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 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, based on available KYC/CDD information.
Assess transactional activity by identifying risks, patterns, and trends that could be related to money laundering or terrorist financing.
Use internal systems, available databases, and internet research to gather information and support analysis and conclusions about transactional activity.
Prepare write-ups supporting conclusions about why activity is reasonable for a customer, or recommend escalation of potential suspicious activity as needed.
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.