BSA/AML Compliance Analyst - To 75K - Chicago, IL - Job 3766-6070

The Symicor Group • Chicago, IL

2d • $75,000 • Onsite

About The Position

Our bank client is seeking to fill a BSA/AML Compliance Analyst role in the Chicago, IL area. The position is responsible for performing BSA/AML activity monitoring, analytics, and reporting.
This position offers a competitive salary of up to $75K and a full benefits package. (This is not a remote position)

Requirements

• 5+ years of related experience with emphasis on BSA transaction monitoring;
• Knowledgeable of the laws applicable to money laundering, including the Bank Secrecy Act, the US Patriot Act, OFAC, and Suspicious Activity Reporting;
• Strong analytical skills are required to organize and analyze multiple, complete data sets as well as strong interpersonal and organizational skills;
• Excellent attention to detail and “follow through” skills;
• Strong technical and research skills and Excel skills;
• Excellent writing, analytical, and communication skills;
• Ability to understand and draw conclusions from research conducted;
• Must have an ongoing sense of urgency and a high level of flexibility;
• Maintains 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 is preferred.

Responsibilities

• Handle the more complex, higher-risk customers and alert types.
• Perform and document sufficient KYC/CDD Information to effectively support alert resolution.
• Conduct a detailed review of alerted transactions to identify if activity is commensurate with customer relationship based on KYC/CDD information available.
• Apply technical knowledge to accurately assess the transactional activity by identifying risks, patterns and trends that could be related to money laundering and terrorist financing.
• Utilize internal systems, databases available, and internet research to gather information needed to support analysis and draw conclusions related to transactional activity.
• Prepare a write-up that adequately supports conclusions as to “why” the activity is reasonable for the customer or provide recommendations to escalate potential suspicious activity (as needed).
• Adhere to confidential policies, code of ethics, and follow policies and procedures relative to BSA/AML laws and regulations and best practices.
• Address feedback received from QC functions and incorporate into future work products.
• Other duties as assigned by the Chief BSA/AML/OFAC Officer.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 1-10 employees