BSA Specialist III Investigations

Wintrust Financial Corporation • Rosemont, IL

120d • $28 - $37

About The Position

The BSA Specialist III - Investigations is responsible for supporting the maintenance and execution of the marijuana related business (MRB) program within the WTFC BSA Investigations unit. This role requires a strong working knowledge of BSA/AML/OFAC regulations and an overall understanding of banking products and services to assist the BSA Officer. A BSA Specialist III - Investigations will be working case reviews, including Suspicious Activity Reports (SARs) and supporting documentation prepared by automated monitoring systems and AML Investigators. Additionally, this role requires an understanding of a diverse range of red flags and unusual activity across the organization, including cannabis related business activity. The incumbent will also conduct QC reviews of vendor resources and reports including SARs. This position requires the ability to work independently with minimal direction and guidance and to provide best practices related to suspicious activity monitoring (SAM), customer due diligence (CDD), suspicious activity reporting (SAR), cannabis business due diligence (CBDD), and other business processes.

Requirements

• 3+ years in BSA/AML Investigations, including drafting and filing Suspicious Activity Reports.
• 3+ years in banking experience.
• Knowledge of AML regulations and applicable rules (i.e BSA, FinCEN, USA Patriot ACT, Cole Memo).
• Experience with Actimize and/or Shield Compliance systems.
• Experience conducting oversight of vendors.
• Bachelor's degree is preferred.

Responsibilities

• Review daily, potentially suspicious activity across Wintrust entities including the First Insurance Finance cannabis-related business investigations and SAR filings.
• Monitor, assess, and document the performance of automated suspicious activity reporting systems.
• Provide insightful and objective observations based on the testing performed.
• Communicate both externally with third-party vendors and internally to all lines of business to obtain additional information.
• Provide Exam and Audit assistance.
• Other special projects and assignments as needed.

Benefits

• Medical Insurance
• Dental
• Vision
• Life insurance
• Accidental death and dismemberment
• Short-term and long term Disability Insurance
• Parental Leave
• Employee Assistance Program (EAP)
• Traditional and Roth 401(k) with company match
• Flexible Spending Account (FSA)
• Employee Stock Purchase Plan at 5% discount
• Critical Illness Insurance
• Accident Insurance
• Transportation and Commuting Benefits
• Banking Benefits
• Pet Insurance

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree