Sr. BSA/AML Compliance Analyst - Job # 3401

Symicor Group • Chicago, IL

5d • Onsite

About The Position

Our bank client is seeking to fill a Sr. BSA/AML Compliance Analyst role in the Chicago, IL area. The position is responsible for performing BSA/AML activity monitoring, analytics, and reporting. This is not a remote position.

Requirements

• 5+ years of related experience with emphasis on BSA transaction monitoring.
• Knowledgeable of the laws applicable to money laundering, including the Bank Secrecy Act, the US Patriot Act, OFAC, and Suspicious Activity Reporting.
• Strong analytical skills are required to organize and analyze multiple, complete data sets as well as strong interpersonal and organizational skills.
• Excellent attention to detail and “follow through” skills.
• Strong technical and research skills and Excel skills.
• Excellent writing, analytical, and communication skills.
• Ability to understand and draw conclusions from research conducted.
• Must have an ongoing sense of urgency and a high level of flexibility.
• Maintains current on BSA/AML/OFAC news and events as well as regulatory updates.
• PC proficiency with Microsoft Office products including Word and Excel and knowledge of Database and Internet software.

Nice To Haves

• CAMS or CRCM certification is preferred.

Responsibilities

• Handle the more complex, higher-risk customers and alert types.
• Perform and document sufficient KYC/CDD Information to effectively support alert resolution.
• Conduct a detailed review of alerted transactions to identify if the activity is commensurate with customer relationships based on KYC/CDD information available.
• Apply technical knowledge to accurately assess the transactional activity by identifying risks, patterns and trends that could be related to money laundering and terrorist financing.
• Utilize internal systems, databases available, and internet research to gather information needed to support analysis and draw conclusions related to transactional activity.
• Prepare a write-up that adequately supports conclusions as to “why” the activity is reasonable for the customer or provide recommendations to escalate potential suspicious activity (as needed).
• Adhere to confidential policies, code of ethics, and follow policies and procedures relative to BSA/AML laws and regulations and best practices.
• Address feedback received from QC functions and incorporate into future work products.
• Other duties as assigned by the Chief BSA/AML/OFAC Officer.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed