Job Details
Job Location : Northbrook - NORTHBROOK, IL
Position Type : Regular Full-Time
Salary Range : Undisclosed
Job Category : Staff
Description
This position reports to VP / AML / CFT Officer.
Basic Function
Collaborates with members of the Enterprise Risk Management Department to support, administer and maintain an effective AML / CFT / Sanctions Compliance Program (Anti-Money Laundering / Countering the Financing of Terrorism) in accordance with applicable laws, guidelines and regulations.
Essential Duties
- Responsible for and collaborates with the Bank's AML / CFT team to perform, monitor and maintain specific aspects of the AML / CFT / Sanctions Compliance Program including :
- Review, investigate and disposition alerts generated from the Bank's transaction monitoring and customer risk management system employed in monitoring and alerting for suspicious, fraudulent and / or high-risk activity
- Assist with the review, investigation and disposition of Unusual Activity Reports and fraud incidents from all lines of business for Suspicious Activity Reporting (SAR) requirements
- Review Customer Due Diligence questionnaires and Beneficial Ownership forms
- Review and analyze high-risk customers and other identified accounts for unusual and suspicious activity
- Assist with Enhanced Due Diligence reviews
- Assist with High-Risk Client reviews and Medium Risk Client reviews
- Assist with Sanctions Compliance Program and 314(a) monitoring and screening
- Assist with monthly AML / CFT Compliance monitoring
- Review and file CTRs
- Additional departmental responsibilities such as :
- Assist with AML / CFT / Sanctions Compliance Program related projects
- Provide guidance and support to all business lines
- Attend applicable regulatory training, seminars and conferences to maintain regulatory AML / CFT / Sanctions Compliance Program compliance knowledge
Nonessential Duties
Other duties as assigned
Qualifications
Knowledge, Skills & Abilities
- Excellent research and analytical skills
- Highly organized and capable of dealing with multiple duties / projects simultaneously
- Strong written and verbal communication skills
- Detail oriented with ability to work independently
- Excellent teamwork, interpersonal and conflict resolution skills
- Ability to think strategically and develop a detailed understanding of applicable content
- Excellent knowledge of AML / CFT / Sanctions Compliance Program Regulations
- Excellent knowledge of current and emerging money laundering and financial crime trends
- Knowledge of Verafin software a plus
- Knowledge of Fiserv Premier software a plus
Training & Experience
- Bachelor's degree in Economics, Finance, Business Management or equivalent related experience
- Prior financial services experience in a corporate services support role (Compliance, Audit, Risk, etc.) helpful
- Minimum 3 years prior AML / CFT experience
- ACAMS Certification or progress toward a plus
- Working knowledge of various laws, regulations and guidance as it relates to AML / CFT / Sanctions Compliance Program
- Experience with financial intelligence tools (Verafin preferred) and resources to detect suspicious activity
- Strong communication, problem solving, organizational, and time management skills
- Microsoft proficiency
First Bank Chicago is an Equal Opportunity Employer : disability / veteran
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