This job was posted by https://illinoisjoblink.illinois.gov : For more information, please see: https://illinoisjoblink.illinois.gov/jobs/12866947

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 Duties

Responsible for and collaborates with the Banks 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 activity

Assist with the review, investigation and disposition of Unusual

Activity Reports and fraud incidents from all lines of business

Review Customer Due Diligence questionnaires and Beneficial

Ownership forms

Review and analyze high-risk customers and other identified

accounts for unusual and suspicious activity

Assist with Enhanced Due Diligence reviews

Assist with High-Risk Client reviews and Medium Risk Client

reviews

Assist with Sanctions Compliance Program and 314(a) monitoring

and screening

Assist with monthly AML/CFT Compliance monitoring

Assist with drafting Suspicious Activity Reports (SARs)

Assist with transaction monitoring system data feed

reconciliation and maintenance

Review and file CTRs\ Additional departmental responsibilities such as:

Assist with AML/CFT/Sanctions Compliance Program related

projects

Provide guidance and support to all business lines

Attend applicable regulatory training, seminars and conferences

to maintain regulatory AML/CFT/Sanctions Compliance Program compliance knowledge

Nonessential Duties

Other duties as assigned

First Bank Chicago

Latest Jobs

AML CFT Analyst