BSA/AML Specialist - To 62K - Elk Grove Village, IL - Job 3617

BSA/AML Specialist To $62K Elk Grove Village IL Job # 3617

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 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 client is seeking to fill a BSA/AML Specialist role in the Elk Grove Village IL area. The chosen candidate will be responsible for assisting the BSA Officer with compliance monitoring reviews and other special projects to measure and understand the state of regulatory compliance for the organization. As criminal activity is suspected the BSA Specialist will start the investigation process by creating a case file and working with the BSA Officer to further investigate the customer and their actions.

This position offers a competitive salary of up to $62K and a full benefits package. (This is not a remote position).

BSA/AML Specialist responsibilities include:

• Assist with the alert workload and the monitoring for suspicious patterns/activity and fraud conduct
• suspicious activity report investigations as well as high-risk customer/account reviews and
• Recommend when to file and not file Suspicious Activity Reports (SARs). May assist in the filing of SARs when necessary.
• Conduct enhanced due diligence reviews which entails research the gathering of documents
• composing a well-written narrative making appropriate recommendations and assigning appropriate risk factors.
• Perform 90-day SAR follow up reviews; recommending whether continuing activity SAR should be completed.
• Assist in the preparation and submission of all Currency Transaction Reports (CTRs) within the regulatory deadline of 15 days.
• Ensure proper identification and adherence to the Banks BSA Program including but not limited to; CIP CDD/EDD/BO OFAC and record keeping and retention requirements.
• Ensure BSA files remain current accurate and well-documented.
• Participate in ongoing training to maintain current knowledge of BSA/AML and OFAC regulatory requirements.
• Assist in the compliance of 314(a) and 314(b) responsibilities.
• Monitor potential OFAC matches and take appropriate action to escalate them when necessary.
• Other duties may be assigned by the BSA Officer.
• Complies with federal and state regulations and all established bank policies and procedures.

Who Are You

Youre someone who wants to influence your own development. Youre 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:

• At least 1-2 years of BSA/AML/OFAC compliance
• Knowledge of BSA/OFAC/Fraud functions.
• Acknowledge and observe strict confidentiality requirements.
• Ability to research collect and analyze complex or diverse information.
• Positive interpersonal relationship skills.
• Critical thinking skills.
• Ability to work independently with a high level of initiative and to research and problem solve.
• Strong analytical communication (oral and written) and personal computer skills.
• Basic knowledge of the organizations various operating systems (Verafin & Fiserv Premier) a plus
• Excellent decision-making analytical and investigative abilities with attention to detail and accuracy.
• Familiarity with Microsoft Office products

The next step is yours. Email us your current resume along with the position you are considering to:

Required Experience:

Unclear Seniority