Temporary Bsa (bank Secrecy Act) Analyst, Remote
Chicago, IL 60601, United States
Job Description
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Byline Bank is looking to hire a temporary BSA Analyst to assist with a short-term BSA/AML project initiative. The project is expected to run between 3-6 months. The project length may change depending on business needs. The BSA Analyst is responsible for ensuring the Bank\xe2\x80\x99s compliance with the applicable aspects of the Bank Secrecy Act, USA PATRIOT Act, OFAC and Customer Identification Program regulations (collectively the BSA Program) by monitoring activity for potential money laundering, financial crimes, and/or terrorist financing.
Duties and Responsibilities:
Reviews case management software, Financial Crimes Risk Management (FCRM), alerts and investigate alerts as required.- Performs independent analysis for cases involving suspicious activity including, but not limited to, structuring, account behavior, and source of funds.
- Generates and assist with Suspicious Activity Reports (SARs) and Suspicious Activity Investigation Reports (SAIRs).
- Facilitates and performs periodic (90 Day) SAR follow-up reviews.
- Assists and performs High Risk Customer Reviews completed throughout the year.
- Identifies high risk accounts from information received from other sources (Branches, Loans, Operational Staff, etc.) and establish enhanced due diligence and monitoring efforts.
- Performs wire activity and ACH periodic reviews.
- Performs cash report review (to include review of Monetary Instrument Log (MIL) and bank checks issued).
- Maintains a solid working knowledge (functional and operational) of the rules and regulations, including but not limited to, BSA, USA PATRIOT Act, and OFAC as well as the Bank\xe2\x80\x99s policies and procedures.
- All other duties as assigned.
Qualifications:
- Bachelor\xe2\x80\x99s Degree or equivalent work experience.
- 3+ years banking experience with knowledge of Bank Secrecy Act regulatory requirements and/or other program related compliance functions; General compliance or operational work related to BSA elements to be considered.
- Certified Anti-Money Laundering Specialist (CAMS) designation is highly desired, and if not already attained, will be a requirement within a reasonable period of time from starting date depending on examination availability/scheduling.
- BSA Program related compliance principles, theories, and practices.
- Ability to work collaboratively with a variety of stakeholders at all levels.
- Be self-motivated and an effective time and project manager with a strong attention to detail.
- Have strong change management, organizational and planning capabilities.
- Proficiency with Microsoft Office.
- Ability to research issues and suggest uses of the information to resolve problems.
- Ability to work with confidential information.
- Ability to communicate with colleagues and the BSA Officer regarding issues and findings.
- Possess strong communication skills both verbally and in writing.
PHYSICAL DEMANDS/WORK ENVIRONMENT:
Usual office environment with frequent sitting, walking, and standing, and occasional climbing, stooping, kneeling, crouching, crawling, and balancing. Frequent use of eye, hand, and finger coordination enabling the use of office equipment. Oral and auditory capacity enabling interpersonal communication as well as communication through automated devices.
The hourly rate for this position is $25.00 to $35.00 per hour. Pay is based on several factors including but not limited to education, work experience, certifications, etc.
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Job Detail
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Job IdJD4250539
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IndustryNot mentioned
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Total Positions1
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Job Type:Full Time
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Salary:Not mentioned
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Employment StatusPermanent
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Job LocationChicago, IL 60601, United States
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EducationNot mentioned