Deputy BSA Officer - To 200K - Chicago, IL - Job 3703B

The Symicor Group•Chicago, IL

7d•$200,000•Onsite

About The Position

Our bank client is seeking to fill a Deputy BSA Officer role in the Chicago, IL area. The successful candidate will be responsible for the implementation and management of effective Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) compliance programs for the bank - ensuring compliance with all applicable regulations. The opportunity has a generous salary rate of up to $200K plus generous incentives and a benefits package. (This is not a remote position.)

Requirements

Master’s Degree or comparable experience
Bachelor’s degree in business, Finance, Accounting, or related field desired
10+ years relevant experience in BSA/AML and OFAC compliance preferably in a mid-size or large bank environment
CAMS, CAFP, or CRCM
Extensive knowledge of Enhanced Due Diligence (EDD) matters, OFAC regulations, USA PATRIOT Act, AML/BSA Acts, Fraud Scenarios, Criminal Situations, and Internal Crimes with the ability to define problems and propose solutions.
Able to manage and execute multiple complex projects within required timelines and expectations required
Extensive knowledge of information technology, particularly how systems and applications integrate with business processes and operations (e.g., information technology risks, major systems conversions)
Excellent communication/influence skills are required, including reports; presentations; group facilitation skills; ability to develop professional relationships; and networking internally/externally)
Proven ability to partner effectively across all levels of the organization and develop positive working relationships
Highly logical and organized to develop creative solutions to complex problems.
Executive presence with internal partners and external constituents, as necessary
Business or Statistical Models experience, including governance, controls, development, documentation, validation, and calibration.

Responsibilities

Support the BSA Officer in developing and maintaining policies and procedures, deliver training, reinforce internal controls, and ensure timely and accurate periodic MIS reporting.
Maintain current knowledge of applicable laws, regulations, and issues. Evaluate changes in industry practice and legal/regulatory requirements and ensure that timely appropriate action is taken.
Develop KRIs/KPIs for reporting to applicable oversight committees.
Coordinate with the BSA Senior Leadership team members and Governance Analyst to prepare and execute the annual BSA/AML/OFAC risk assessment, including data analysis, coverage assessment, methodology and application.
Ensure compliance with 314(a) and 314(b) (PATRIOT Act) responsibilities.
Lead BSA/AML Steering Committee meetings to provide current information to committee members.
Requires continuous exercise of judgment following broad guidelines. Identifies and selects complex choices of action where standard practices may not exist. Must be able to accommodate detailed work, problem solving, reasoning, math, presentations, verbal communication, written communication, analytical reasoning, training others, multiple concurrent tasks and constant interruptions.
Assist in preparation and coordination of independent audits and regulatory examinations.
Assist in department/division special projects and tasks for the department as directed.
Assist in the development, revision or reviews of bank policies, procedures, disclosures, notices, and forms to comply with legislative and regulatory changes or new requirements.
Advise lines of business and operational areas of BSA, AML and OFAC Program Issues, including regulatory changes, business changes, impacts on new products and services, process and procedure changes.