BSA Specialist II CYEX

Rosemont, IL - USA

Monthly Salary: $ 24 - 31

Posted on: 3 days ago

Vacancies: 1 Vacancy

Job Summary

Wintrust provides community and commercial banking specialty finance and wealth management services through its 16 bank charters and nine non-bank businesses. Wintrust delivers the sophisticated solutions of a large bank while staying true to the relationship-focused personalized service of our community banking roots. We serve clients in all 50 states with more than 200 branch banking locations in Illinois southwestern Florida northwestern Indiana west Michigan and southern Wisconsin and commercial banking offices in Chicago Denver Milwaukee Grand Rapids Mich. and in key branch banking locations throughout Illinois. Our people are the heart of our business and we are proud to rank consistently as a top place to work. Wintrust is a $66 billion financial institution based in Rosemont Illinois and listed on the NASDAQ Global Select Market under the symbol WTFC.

Why join us

An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 12 years) and Employee Recommended award by the Globe & Mail (past 6 years)
Hybrid work schedule
Competitive pay and discretionary or incentive bonus eligible
Comprehensive benefit package including medical dental vision life a 401k plan with a generous company match and tuition reimbursement to name a few
Family-friendly work hours

Why join this team

Hybrid Work Schedule Split your time working remotely and at our Corporate Headquarters in Rosemont IL
An entrepreneurial culture with opportunity for growth

Position Summary

The BSA CYEX EDD Specialist II position is responsible for performing an enhanced due diligence (EDD) review of high-risk currency exchange (CYEX) commercial customers providing necessary oversight of the customers BSA program. This will include pre-onboarding analysis risk assessment completion and reporting ongoing monitoring including site visits. This position supports the overall BSA compliance efforts as required under the Bank Secrecy Act and the Banks BSA/AML/USA Patriot Act and OFAC Compliance Program and Procedures.

What Youll Do

Completes enhanced due diligence for currency exchange commercial customers assesses the overall risk and completes necessary documentation of findings. Analyzes high-risk customers and other identified accounts for unusual and suspicious activity. Works collaboratively with Commercial and Treasury Management to understand CYEX customers. Communicates both internally and externally at all levels as part of the EDD process.
Participates on projects audits exams etc. Develops targeted reviews. Provides guidance and support to business lines corporate units and compliance officers.
Completes annual EDD reviews and analysis of site visits. Conducts quality control functions for all aspects of the BSA CYEX Unit.
Other special projects as needed

Qualifications

2-3 years banking experience. 2-3 years BSA experience
Working knowledge of various laws regulations and guidance as it relates to BSA AML and OFAC.
Strong analytical communication problem solving and time management skills.
Ability to work in a fast-paced environment
CAMS certified or in the process of obtaining CAMS certification or other BSA/Fraud related certification.
A bachelors degree is preferred.

Benefits

Medical Insurance Dental Vision Life insurance Accidental death and dismemberment Short-term and long term Disability Insurance Parental Leave Employee Assistance Program (EAP) Traditional and Roth 401(k) with company match Flexible Spending Account (FSA) Employee Stock Purchase Plan at 5% discount Critical Illness Insurance Accident Insurance Transportation and Commuting Benefits Banking Benefits Pet Insurance

Compensation

The estimated hourly rate for this role is $24.04-$31.25 along with eligibility to earn an annual bonus. Actual pay rate may vary based on several factors such as a candidates qualifications skills and experience.

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From our first day in business Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To build a company that reflects the communities we serve we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success. Wintrust Financial Corporation including community banking and financial services subsidiaries is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race color religion sex age national origin disability veteran status genetic information and other legally protected categories.

Required Experience: