Senior Associate Anti Money Compliance Investigator

Alliant Credit Union•Chicago, IL

4d•Hybrid

About The Position

As a hybrid employee based at our Chicago Headquarters, you will be responsible to lead complex investigations into potential money laundering, terrorist financing, and other illicit financial activities. Identify, assess, and report suspicious activity in accordance with the Bank Secrecy Act (BSA), Office of Foreign Assets Control (OFAC) sanctions programs, and the USA PATRIOT Act using analytical techniques and regulatory knowledge. Collaborate with internal stakeholders and external agencies to ensure timely and accurate reporting, supports regulatory examinations, and contributes to the continuous enhancement of the credit union's AML compliance framework. Essential Responsibilities Lead complex investigations into potential money laundering and financial crime activities, ensure thorough analysis and documentation. Independently assess and resolve AML alerts and adverse media findings, escalate high-risk cases in accordance with regulatory and internal protocols. Prepare and submit Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs) to regulatory agencies, ensure accuracy and timeliness. Conduct in-depth reviews of FinCEN 314(a) information requests and coordinate appropriate responses. Serve as a liaison with external financial institutions and law enforcement agencies regarding AML and OFAC-related inquiries. Perform comprehensive account reviews in response to legal requests, ensure alignment with BSA/AML and USA PATRIOT Act requirements. Monitor and analyze emerging trends in financial crime, sanctions evasion, and regulatory enforcement to inform investigative strategies. Provide expert guidance to internal stakeholders on managing high-risk accounts and implement effective AML controls. Contribute to the development and delivery of AML training programs, enhance organizational awareness and compliance capabilities. Ensure investigative activities are conducted in strict adherence to the Bank Secrecy Act, OFAC regulations, and internal compliance policies. Act as a subject matter and maintain integrity, confidentiality, and professionalism with member-related interactions and documentation. Adhere to and ensure compliance of all business transactions with policy and process of the Bank Secrecy Act. Ensures compliance with all applicable state and federal laws, company procedures and policies. Maintains integrity and ethics in all actions and conversations with or regarding credit union members and their accounts; complies with Privacy Act directives. The responsibilities listed do not contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this position. Duties, responsibilities and activities may change at any time with or without notice.

Requirements

Minimum - 4 Years Bachelors Degree in Business or related
Minimum - 3 Years of Anti money laundering compliance or related
In Lieu of Education 6 Years of Ant money laundering compliance or related

Nice To Haves

Association of Certified Anti-Money Laundering Specialists (ACAMS)

Responsibilities

Lead complex investigations into potential money laundering and financial crime activities, ensure thorough analysis and documentation.
Independently assess and resolve AML alerts and adverse media findings, escalate high-risk cases in accordance with regulatory and internal protocols.
Prepare and submit Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs) to regulatory agencies, ensure accuracy and timeliness.
Conduct in-depth reviews of FinCEN 314(a) information requests and coordinate appropriate responses.
Serve as a liaison with external financial institutions and law enforcement agencies regarding AML and OFAC-related inquiries.
Perform comprehensive account reviews in response to legal requests, ensure alignment with BSA/AML and USA PATRIOT Act requirements.
Monitor and analyze emerging trends in financial crime, sanctions evasion, and regulatory enforcement to inform investigative strategies.
Provide expert guidance to internal stakeholders on managing high-risk accounts and implement effective AML controls.
Contribute to the development and delivery of AML training programs, enhance organizational awareness and compliance capabilities.
Ensure investigative activities are conducted in strict adherence to the Bank Secrecy Act, OFAC regulations, and internal compliance policies.
Act as a subject matter and maintain integrity, confidentiality, and professionalism with member-related interactions and documentation.
Adhere to and ensure compliance of all business transactions with policy and process of the Bank Secrecy Act.
Ensures compliance with all applicable state and federal laws, company procedures and policies.
Maintains integrity and ethics in all actions and conversations with or regarding credit union members and their accounts; complies with Privacy Act directives.