First Bank Chicago
AML CFT Analyst
First Bank Chicago, Northbrook, Illinois, us, 60065
Job Details
Job LocationNorthbrook - NORTHBROOK, IL
Position TypeRegular Full-Time
Job CategoryStaff
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 DutiesResponsible 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 activityAssist with the review, investigation and disposition of Unusual Activity Reports and fraud incidents from all lines of business for Suspicious Activity Reporting (SAR) requirementsReview Customer Due Diligence questionnaires and Beneficial Ownership formsReview and analyze high-risk customers and other identified accounts for unusual and suspicious activityAssist with Enhanced Due Diligence reviewsAssist with High-Risk Client reviews and Medium Risk Client reviewsAssist with Sanctions Compliance Program and 314(a) monitoring and screeningAssist with monthly AML/CFT Compliance monitoringReview and file CTRs
Additional departmental responsibilities such as:
Assist with AML/CFT/Sanctions Compliance Program related projectsProvide guidance and support to all business linesAttend applicable regulatory training, seminars and conferences to maintain regulatory AML/CFT/Sanctions Compliance Program compliance knowledge
Nonessential DutiesOther duties as assignedQualifications
Knowledge, Skills & Abilities
Excellent 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 contentExcellent knowledge of AML/CFT/Sanctions Compliance Program RegulationsExcellent knowledge of current and emerging money laundering and financial crime trendsKnowledge of Verafin software a plusKnowledge of Fiserv Premier software a plusTraining & Experience
Bachelor's degree in Economics, Finance, Business Management or equivalent related experiencePrior financial services experience in a corporate services support role (Compliance, Audit, Risk, etc.) helpfulMinimum 3 years prior AML/CFT experienceACAMS Certification or progress toward a plusWorking knowledge of various laws, regulations and guidance as it relates to AML/CFT/Sanctions Compliance ProgramExperience with financial intelligence tools (Verafin preferred) and resources to detect suspicious activityStrong communication, problem solving, organizational, and time management skillsMicrosoft proficiency
First Bank Chicago is an Equal Opportunity Employer: disability/veteranCrain's Chicago Best Places to Work 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024
Job LocationNorthbrook - NORTHBROOK, IL
Position TypeRegular Full-Time
Job CategoryStaff
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 DutiesResponsible 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 activityAssist with the review, investigation and disposition of Unusual Activity Reports and fraud incidents from all lines of business for Suspicious Activity Reporting (SAR) requirementsReview Customer Due Diligence questionnaires and Beneficial Ownership formsReview and analyze high-risk customers and other identified accounts for unusual and suspicious activityAssist with Enhanced Due Diligence reviewsAssist with High-Risk Client reviews and Medium Risk Client reviewsAssist with Sanctions Compliance Program and 314(a) monitoring and screeningAssist with monthly AML/CFT Compliance monitoringReview and file CTRs
Additional departmental responsibilities such as:
Assist with AML/CFT/Sanctions Compliance Program related projectsProvide guidance and support to all business linesAttend applicable regulatory training, seminars and conferences to maintain regulatory AML/CFT/Sanctions Compliance Program compliance knowledge
Nonessential DutiesOther duties as assignedQualifications
Knowledge, Skills & Abilities
Excellent 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 contentExcellent knowledge of AML/CFT/Sanctions Compliance Program RegulationsExcellent knowledge of current and emerging money laundering and financial crime trendsKnowledge of Verafin software a plusKnowledge of Fiserv Premier software a plusTraining & Experience
Bachelor's degree in Economics, Finance, Business Management or equivalent related experiencePrior financial services experience in a corporate services support role (Compliance, Audit, Risk, etc.) helpfulMinimum 3 years prior AML/CFT experienceACAMS Certification or progress toward a plusWorking knowledge of various laws, regulations and guidance as it relates to AML/CFT/Sanctions Compliance ProgramExperience with financial intelligence tools (Verafin preferred) and resources to detect suspicious activityStrong communication, problem solving, organizational, and time management skillsMicrosoft proficiency
First Bank Chicago is an Equal Opportunity Employer: disability/veteranCrain's Chicago Best Places to Work 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024