BSA Officer - To 90K - Chicago Ridge, IL - Job 3813-6103

The Symicor Group•Chicago Ridge, IL

25d•Onsite

About The Position

The Symicor Group is seeking a BSA Officer for their bank client in the Chicago Ridge, IL area. This role provides support to the BSA Compliance Manager in fulfilling the Bank’s BSA/AML/OFAC compliance program requirements. The selected candidate will possess proficient knowledge of all Federal regulations related to BSA and will be responsible for identifying, monitoring, controlling, and managing BSA compliance risk. This position offers a salary of up to $90K and a full benefits package. It is not a remote position.

Requirements

Bachelor’s Degree or equivalent experience.
Two or more years of prior experience in regulatory matters is required.
Working knowledge of Federal and State Anti-Money Laundering compliance statutes and regulations.
Ability to read and interpret statutes and regulations.
Ability to communicate effectively verbally and in writing.
Proficiency in all programs within Microsoft Office.
Ability to relate to individuals at all levels within the organization as well as with regulatory agencies and external contacts.

Nice To Haves

BSA/AML certifications are preferred.
Familiarity with the Fiserv core system and reports is desirable.

Responsibilities

Maintains proficient knowledge of regulatory and related laws as they pertain to BSA compliance focus areas.
Serves as a program administrator and Bank’s in-house subject matter expert for OFAC Monitoring Software, including periodic review and testing of data integrity and system parameters. This includes software updates, upgrades, testing, model monitoring, and training to BSA Staff.
Responds to OFAC escalations.
Supports the BSA Compliance Manager in implementing the Bank’s AML/CFT Compliance Program, which may include monitoring and implementation of established policies and procedures, training and preparation of periodic reports to management and Board of Directors on the status of key BSA activities.
Provides backup support to the AML Compliance Officer in the management of CTRs (including Exempt CTR Customers), SARs Alerts and SAR preparation as needed.
Provides backup support to the EDD Compliance Officer in the management of High-Risk Customers (i.e., MSBs, NRAs, PEPs, TPPPs), and reviewing/approving EDD reviews completed by EDD Analysts as needed.
Provides backup support to the AML Systems Officer in oversight of the AML Software, which may include periodic review and testing of data integrity and system parameters as needed.
Makes recommendations concerning operating procedures, processes and methods for improved efficiency and risk reduction to meet the objectives of the Bank’s BSA Program.
Reports promptly to the BSA Compliance Manager regarding any known or suspected violations of the Bank’s AML/CFT Compliance Program, policies or procedures.
Collects data and prepares documentation as requested for internal audit and regulatory examinations.
Complies with, and stays abreast of, all policies and procedures, federal and state laws applicable to the job.
Performs other tasks assigned by the BSA Compliance Manager.
Other duties as assigned.