AML Analyst III

Republic Bank Of Chicago; Illinois; On-site; USD 70,000 - 90,000; Full time

Job summary

A financial institution in Illinois is seeking a senior AML Analyst III to supervise junior analysts and conduct comprehensive investigations into customer activities. This position is crucial for monitoring high-risk accounts and ensuring compliance with AML regulations. The ideal candidate will have strong skills in auditing and customer activity analysis, while supporting overall AML/CFT compliance as mandated by federal laws.

Qualifications

• Ability to supervise junior analysts in daily activities.
• Comprehensive investigating skills into customer activity.
• Experience in auditing AML Programs related to various customers.

Responsibilities

• Conduct high-risk customer reviews and monitor irregular transactions.
• Support overall AML/CFT compliance efforts as required.
• Responsible for auditing AML Programs and monitoring overall AML Program.

Job description

The AML Analyst III is a senior analyst that reports information and findings directly to the AML MSB Supervisor and Deputy AML Officer.

Primary responsibilities include supervising junior analysts in daily activities and providing comprehensive investigations into customer activity which includes conducting high-risk customer reviews utilizing the Bank’s resources (system software, reports, databases, and system applications) analyzing and monitoring high-risk accounts and corporate structures for irregular transactions for customers. Responsible for auditing AML Programs related to Retail, MSB Division customers, PFP program managers, and regular monitoring of the Bank’s overall AML Program.

The position supports the overall AML/CFT compliance efforts as required under the Bank Secrecy Act, USA Patriot Act, and Office of Foreign Assets Control.