BSA Specialist II - CYEX

Wintrust•Rosemont, IL

2d•Hybrid

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) Hybrid work schedule 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 Family-friendly work hours Why join this team? Hybrid Work Schedule – Split your time working remotely and at our Corporate Headquarters in Rosemont, IL An entrepreneurial culture with opportunity for growth Position Summary The BSA CYEX EDD Specialist II position is responsible for performing an enhanced due diligence (EDD) review of high-risk currency exchange (CYEX) commercial customers providing necessary oversight of the customer’s BSA program. This will include pre-onboarding analysis, risk assessment completion and reporting, ongoing monitoring including site visits. This position supports the overall BSA compliance efforts as required under the Bank Secrecy Act and the Bank’s BSA/AML/USA Patriot Act and OFAC Compliance Program and Procedures.

Requirements

2-3 years banking experience.
2-3 years BSA experience
Working knowledge of various laws, regulations and guidance as it relates to BSA, AML and OFAC.
Strong analytical communication, problem solving and time management skills.
Ability to work in a fast-paced environment
CAMS certified or in the process of obtaining CAMS certification or other BSA/Fraud related certification.

Nice To Haves

A bachelor’s degree is preferred.

Responsibilities

Completes enhanced due diligence for currency exchange commercial customers, assesses the overall risk and completes necessary documentation of findings.
Analyzes high-risk customers and other identified accounts for unusual and suspicious activity.
Works collaboratively with Commercial and Treasury Management to understand CYEX customers.
Communicates both internally and externally at all levels as part of the EDD process.
Participates on projects, audits, exams, etc.
Develops targeted reviews.
Provides guidance and support to business lines, corporate units and compliance officers.
Completes annual EDD reviews and analysis of site visits.
Conducts quality control functions for all aspects of the BSA CYEX Unit.
Other special projects, as needed