
Posted 3 months ago
BSA/AML Compliance Analyst - To 75K - Chicago, IL - Job 3766-6070
ChicagoOn-siteFull-time
AI Summary
A BSA/AML Compliance Analyst performs activity monitoring, analytics, and reporting to detect and assess money laundering and terrorist financing risks.
About this role
BSA/AML Compliance Analyst – To $75K – Chicago, IL – Job # 3766-6070
Who We Are
The Symicor Group is a boutique talent acquisition firm based in Schaumburg, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!
We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.
The Position
Our bank client is seeking to fill a BSA/AML Compliance Analyst role in the Chicago, IL area. The position is responsible for performing BSA/AML activity monitoring, analytics, and reporting.
This position offers a competitive salary of up to $75K and a full benefits package. (This is not a remote position)
BSA/AML Compliance Analyst responsibilities include:
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Handle the more complex, higher-risk customers and alert types.
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Perform and document sufficient KYC/CDD Information to effectively support alert resolution.
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Conduct a detailed review of alerted transactions to identify if activity is commensurate with customer relationship based on KYC/CDD information available.
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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.
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Utilize internal systems, databases available, and internet research to gather information needed to support analysis and draw conclusions related to transactional activity.
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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).
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Adhere to confidential policies, code of ethics, and follow policies and procedures relative to BSA/AML laws and regulations and best practices.
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Address feedback received from QC functions and incorporate into future work products.
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Other duties as assigned by the Chief BSA/AML/OFAC Officer.
Who Are You?
You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.
You also bring the following skills and experience:
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CAMS or CRCM certification is preferred.
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5+ years of related experience with emphasis on BSA transaction monitoring;
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Knowledgeable of the laws applicable to money laundering, including the Bank Secrecy Act, the US Patriot Act, OFAC, and Suspicious Activity Reporting;
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Strong analytical skills are required to organize and analyze multiple, complete data sets as well as strong interpersonal and organizational skills;
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Excellent attention to detail and “follow through” skills;
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Strong technical and research skills and Excel skills;
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Excellent writing, analytical, and communication skills;
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Ability to understand and draw conclusions from research conducted;
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Must have an ongoing sense of urgency and a high level of flexibility;
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Maintains current on BSA/AML/OFAC news and events as well as regulatory updates.
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PC proficiency with Microsoft Office products including Word and Excel and knowledge of Database and Internet software.
The next step is yours. Email us your current resume along with the position you are considering to:
resumes@symicorgroup.com
Skills
AMLBSACAMSCDDCRCMDatabaseExcelInternet ResearchKYCMicrosoft Office
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