AML Analyst III

Republic Bank Of Chicago; South Carolina; On-site; USD 65,000 - 78,000; Full time

Benefits offered by this job

Health insurance

Generous Paid Time Off (PTO)

401(k) plan with discretionary matching contributions

Mental health and wellness benefits

Job summary

Republic Bank Of Chicago is seeking an AML Analyst III to supervise junior analysts and conduct comprehensive investigations into high‑risk customer activity. This role requires strong AML/CFT background and excellent communication skills.

Applicants should possess over 4 years of banking experience focusing on AML investigations. The position offers a salary range of $65,000 – $78,000 and various employee benefits including health insurance and paid time off.

Qualifications

• Excellent communication skills (oral and written).
• 4+ years of banking experience with preference for AML/CFT investigations.
• Knowledge of high‑risk customer attributes, monitoring, CDD, and EDD.
• Ability to define problems and draw valid conclusions.
• Strong organizational skills and ability to maintain confidential records.

Responsibilities

• Supervise junior analysts and conduct investigations into high-risk customer activity.
• Complete Enhanced Due Diligence (EDD) reviews for high-risk customers.
• Act as a supervisory analyst working alerts and case files.
• Collaborate with departments to file Suspicious Activity Reports.

Skills

Excellent communication skills (oral and written)

4+ years of banking experience with preference for AML/CFT investigations

Knowledge of high‑risk customer attributes

Strong organizational skills

Good reconciling skills

Job description

Job Details

Location: Oak Brook HQ – Oak Brook, IL 60523

Position Type: Full Time

Salary: $65,000.00 – $78,000.00

Category: Finance

Role Summary

The AML Analyst III is a senior analyst that reports directly to the AML MSB Supervisor and Deputy AML Officer. Primary responsibilities include supervising junior analysts, conducting comprehensive investigations into high‑risk customer activity, and auditing AML programs across Retail, MSB, and PFP client functions.

Key Responsibilities

• Complete Enhanced Due Diligence (EDD) reviews for high‑risk customers across Retail, Payment & FinTech Partnerships, and MSB.
• Act as a supervisory analyst on the NICE/Actimize system, working alerts and case files.
• Collaborate with internal departments to obtain additional information, file Suspicious Activity Reports (SARs) when required.
• Review AML reports including legal servings, law enforcement 314(a) requests, branch referrals of suspicious activity, CTRs, e‑Wire OFAC hits, daily OFAC SDN list changes, new account reports, monetary instrument logs, and others.
• Prepare and review audits for Retail, MSB, and PFP functions: quarterly CIP audits, beneficial ownership audits, R‑Check audits, OFAC e‑wire audits, Alert QC audits, and CTR audits.
• Train AML Analyst I’s and Analyst II’s on job responsibilities.
• Maintain knowledge of the bank’s AML program and answer questions from all departments.
• Comply with OFAC, FBI Control List, and USA Patriot Act requirements.

Qualifications

• Excellent communication skills (oral and written).
• 4+ years of banking experience with preference for AML/CFT investigations.
• Knowledge of high‑risk customer attributes, monitoring, Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD).
• Ability to define problems, collect data, establish facts, and draw valid conclusions.
• Strong organizational skills and ability to maintain confidential records.
• Ability to meet deadlines and work independently.
• Typing speed of at least 30 words per minute.
• Good reconciling skills and AML/CFT background.

Additional Responsibilities

All employees are responsible for knowing and practicing Bank Secrecy Act laws (AML/CIP/SAR/CTR/OFAC) and the USA Patriot Act, and for other related regulations. Training will be provided during the introductory period and annually thereafter.

Benefits

• Salary range of $65,000 – $78,000 annually.
• Generous Paid Time Off (PTO).
• Health, dental, and vision insurance with FSA and HSA options.
• 401(k) plan with discretionary matching contributions.
• Childcare assistance program.
• Parental leave for primary and secondary caregivers.
• Short‑term and long‑term disability coverage.
• Basic life and AD&D insurance.
• Mental health and wellness benefits, including Headspace subscription and Employee Assistance Program.

Working Conditions

• Normal office environment with minimal exposure to dust, noise, and temperature fluctuations.
• Manual dexterity required for operating office machines (computers, fax machines, calculators, telephones).
• Extended viewing of CRT screen.
• Moderate lifting up to 50 pounds.
• Repetitive hand and arm movements.
• Prolonged sitting, standing, bending, and reaching possible.
• Normal hearing and vision ranges required.
• Reliable transportation required.