BankTalent HQ
Assistant Vice President/Assistant AML CFT Officer
BankTalent HQ, Northbrook, Illinois, us, 60065
Job Details
Job Location : Northbrook - NORTHBROOK, IL
Position Type : Regular Full-Time
Salary Range : Undisclosed
Job Category : AVP
Description
This position reports to VP/AML/CFT Officer.
Basic Function
Responsible for working closely with the senior Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) Officer to develop, administer and maintain an effective AML/CFT/Sanctions Compliance Program in accordance with applicable laws, guidelines and regulations.
Essential DutiesWork closely with the Bank's senior AML/CFT Officer to perform, monitor and maintain specific aspects of the AML/CFT/Sanctions program, including:
Policy, program and risk assessmentsCompliance monitoringAML/CFT related fraud detection and monitoring processAssist with management of internal and/or external audits and exams for AML/CFT/Sanctions related issues to ensure timely and accurate responses and remediationAssist with annual AML/CFT/Sanctions training and supplemental training when applicable
AML/CFT/Sanctions Data Analysis:
Review and analyze data on VerafinDisposition alerts and perform CDD reviewsFile CTRs and participate in SAR review processAssist with FinCEN E-Filing processPerform regular AML/CFT/Sanctions monitoring activitiesAssist with AML/CFT/Sanctions related projects and program enhancementsReview and confirm data file transfers daily to Anti-Money Laundering softwareRectify non-post items on ACH, ATM, Wires and Teller cash-ins or cash-outs
AML/CFT related Fraud Detection and Identity Theft Incidents:
Review and analyze AML/CFT related fraud alerts on VerafinAssist with Fraud process implementation and reviewPerform Fraud monitoring and reportingWork with others pertaining to AML/CFT Fraud related incidents and Identity Theft related incidents to minimize impact to client(s) and protect client(s) from additional vulnerabilities
Additional Departmental Responsibilities such as:
Attend applicable regulatory training, seminars and conferences to maintain regulatory consumer compliance knowledgeDetermine effects of AML/CFT/Sanctions laws and regulations on Bank policy, procedures, processes and risk assessmentsImplement changes to Bank policy, procedures, and practices to ensure compliance with AML/CFT/Sanctions laws and regulationsInform Bank management and lines of business regarding changes to Federal and State regulatory law
Attend the following meetings:
Fraud Stars MeetingsCompliance Committee Meetings in senior AML/CFT Officer's absenceMeetings with various areas throughout the Bank to resolve AML/CFT/Sanctions issuesNew Product, Service, Technology Meetings for new or changed product, service or technology that relate or impact AML/CFT/Sanctions
Nonessential DutiesOther duties as assigned
Qualifications
Knowledge, Skills & AbilitiesExcellent research and analytical skillsHighly organized and capable of dealing with multiple duties/projects simultaneouslyStrong written and verbal communication skillsDetail oriented with ability to work independentlyExcellent teamwork, interpersonal and conflict resolution skillsAbility to think strategically and develop a detailed understanding of applicable productsExcellent knowledge of AML/CFT/Sanctions and Consumer Protection RegulationsKnowledge of Verafin software preferredKnowledge of Fiserv Premier software preferred
Training & ExperienceBachelor's degree in Economics, Finance, Business Management, related field or equivalent related experiencePrior financial services experience in a corporate services support role (Compliance, Audit, Risk, etc.) preferredAt least 5 years prior AML/CFT/Sanctions/Compliance experienceACAMS/CRCM Certifications or progress toward preferredPrior fraud detection and prevention experience helpfulMicrosoft proficiency
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Job Location : Northbrook - NORTHBROOK, IL
Position Type : Regular Full-Time
Salary Range : Undisclosed
Job Category : AVP
Description
This position reports to VP/AML/CFT Officer.
Basic Function
Responsible for working closely with the senior Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) Officer to develop, administer and maintain an effective AML/CFT/Sanctions Compliance Program in accordance with applicable laws, guidelines and regulations.
Essential DutiesWork closely with the Bank's senior AML/CFT Officer to perform, monitor and maintain specific aspects of the AML/CFT/Sanctions program, including:
Policy, program and risk assessmentsCompliance monitoringAML/CFT related fraud detection and monitoring processAssist with management of internal and/or external audits and exams for AML/CFT/Sanctions related issues to ensure timely and accurate responses and remediationAssist with annual AML/CFT/Sanctions training and supplemental training when applicable
AML/CFT/Sanctions Data Analysis:
Review and analyze data on VerafinDisposition alerts and perform CDD reviewsFile CTRs and participate in SAR review processAssist with FinCEN E-Filing processPerform regular AML/CFT/Sanctions monitoring activitiesAssist with AML/CFT/Sanctions related projects and program enhancementsReview and confirm data file transfers daily to Anti-Money Laundering softwareRectify non-post items on ACH, ATM, Wires and Teller cash-ins or cash-outs
AML/CFT related Fraud Detection and Identity Theft Incidents:
Review and analyze AML/CFT related fraud alerts on VerafinAssist with Fraud process implementation and reviewPerform Fraud monitoring and reportingWork with others pertaining to AML/CFT Fraud related incidents and Identity Theft related incidents to minimize impact to client(s) and protect client(s) from additional vulnerabilities
Additional Departmental Responsibilities such as:
Attend applicable regulatory training, seminars and conferences to maintain regulatory consumer compliance knowledgeDetermine effects of AML/CFT/Sanctions laws and regulations on Bank policy, procedures, processes and risk assessmentsImplement changes to Bank policy, procedures, and practices to ensure compliance with AML/CFT/Sanctions laws and regulationsInform Bank management and lines of business regarding changes to Federal and State regulatory law
Attend the following meetings:
Fraud Stars MeetingsCompliance Committee Meetings in senior AML/CFT Officer's absenceMeetings with various areas throughout the Bank to resolve AML/CFT/Sanctions issuesNew Product, Service, Technology Meetings for new or changed product, service or technology that relate or impact AML/CFT/Sanctions
Nonessential DutiesOther duties as assigned
Qualifications
Knowledge, Skills & AbilitiesExcellent research and analytical skillsHighly organized and capable of dealing with multiple duties/projects simultaneouslyStrong written and verbal communication skillsDetail oriented with ability to work independentlyExcellent teamwork, interpersonal and conflict resolution skillsAbility to think strategically and develop a detailed understanding of applicable productsExcellent knowledge of AML/CFT/Sanctions and Consumer Protection RegulationsKnowledge of Verafin software preferredKnowledge of Fiserv Premier software preferred
Training & ExperienceBachelor's degree in Economics, Finance, Business Management, related field or equivalent related experiencePrior financial services experience in a corporate services support role (Compliance, Audit, Risk, etc.) preferredAt least 5 years prior AML/CFT/Sanctions/Compliance experienceACAMS/CRCM Certifications or progress toward preferredPrior fraud detection and prevention experience helpfulMicrosoft proficiency
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