BSA Specialist II - Investigator at Wintrust Financial Corporation in Rosemont, Illinois

Posted in Police/Fire/Emergency 4 days ago.

Type: Full-Time





Job Description:

Wintrust is a financial holding company with approximately $62 billion in assets whose common stock is traded on the NASDAQ Global Select Market. Guided by its “Different Approach, Better Results” philosophy, Wintrust offers the sophisticated resources of a large bank while providing a community banking experience to each customer. Wintrust operates more than 200 retail banking locations through 16 community bank subsidiaries in the greater Chicago, southern Wisconsin, west Michigan, northwest Indiana, and southwest Florida market areas. In addition, Wintrust operates various non-bank business units, providing residential mortgage origination, wealth management, commercial and life insurance premium financing, short-term accounts receivable financing/outsourced administrative services to the temporary staffing services industry, and qualified intermediary services for tax-deferred exchanges. Our unique business model is a competitive strength and value driver, powered by our talented colleagues who put our customers first and achieve better results for our clients.

Why join us?


  • An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 11 years) and Employee Recommended award by the Globe & Mail (past 6 years).


  • 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


  • Promote from within culture.


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 Specialist II - Investigator position is responsible for in-depth investigations that are escalated from the alerting and monitoring processes and from enterprise-wide referrals. Coverage includes enterprise-wide review of our accountholders and their transactions: looking for unusual or suspicious activity; investigating potential suspects and provide adequate documentation of identified cases; and is responsible for the completion of filing of suspicious activity reports when appropriate. The position supports the overall BSA compliance efforts as required under the Bank Secrecy Act and the Bank's BSA/AML/ USA Patriot Act and OFAC Compliance Program and Procedures.

What You’ll Do


  • Identify and analyze high-risk customers and other identified accounts for unusual and suspicious activity


  • Provide accurate documentation of the suspicious activity and recommends appropriate actions


  • Prepare and file Suspicious Activity Reports (SARs) and follow appropriate review, documentation and follow-up steps as outlined in Bank's BSA/AML Program


  • Maintains confidentiality of reports and documentation as required by law


  • Review legal requests and conduct account reviews from a BSA/AML/USA Patriot Act perspective


  • Communicate internally to all lines of business to obtain additional information and further documentation to complete analysis of identified accounts, and provide recommendations for case resolution, including account closure


  • Provide other assistance as requested to the BSA/AML Officers in the daily responsibilities of managing the Bank's BSA/AML and OFAC Compliance Program


Qualifications


  • One to three years plus in Bank Secrecy, Anti Money Laundering and OFAC


  • Working knowledge of various laws, regulations and guidance as it relates to BSA, AML and OFAC


  • Experience filing SARs preferred


  • Must possess critical thinking and problem solving skills


  • Bachelor's degree or equivalent preferred


  • Experience with automated anti-money laundering software 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 $27.41-$37.02, along with eligibility to earn an annual bonus. Actual pay rate may vary based on several factors, such as a candidate’s qualifications, skills and experience.

#LI-HYBRID

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 be Chicago’s Bank® and Wisconsin's Bank®, we need to reflect that diversity both in all the communities we serve, the people we employ, the organizations we work with, and our banking and lending practices. 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, national origin, sex, sexual orientation, gender identity and expressions, genetic information, marital status, age, disability, or status as a covered veteran or any other characteristic protected by law.





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