BSA/AML & Fraud Analyst — Investigations & Risk

SmartBiz Bank; Northbrook (IL); On-site; USD 70,000 - 105,000; Full time

Benefits offered by this job

Medical, dental, vision, life, and/or

Job summary

SmartBiz Bank, headquartered in Northbrook, Illinois, is seeking a BSA and Fraud Analyst to join our in-office team in Northbrook. This role reports to the Bank’s BSA Officer and requires collaboration with compliance, operations, and audit functions to uphold AML, CTR, SAR and OFAC programs across the bank.

You will monitor daily data imports into the BAM+ system, review alerts and cases, draft investigation narratives and SARs, perform CTR reviews, monitor exempt CTR accounts, and escalate

Qualifications

• 2+ years of compliance, fraud, AML, or BSA experience.
• Knowledge of BSA/AML regulatory requirements (CTR, SAR, OFAC).
• Experience with AML monitoring tools such as Abrigo BAM+.
• Understanding of financial crime detection techniques.

Responsibilities

• Support the BSA Officer in AML, CTR, OFAC program implementation.
• Monitor daily BAM+ data imports for accuracy and issue resolution.
• Review alerts and cases; escalate matters requiring review to the BSA Officer.
• Prepare investigation narratives and SARs for review and approval.
• Review CTR reporting and exempt CTR accounts for compliance.
• Conduct OFAC screening and 314(a) information-sharing reviews; escalate findings.
• Review new account documentation and assess customer risk.
• Perform periodic reviews of medium- and high-risk customers.
• Investigate fraud related to loan applications and documents; escalate significant fraud.
• Assist with regulatory exams, audits, and corrective actions.

Skills

Attention to detail

Regulatory knowledge

Investigation skills

Communication skills

AML/BSA knowledge

Tools

Abrigo BAM+

Job description

SmartBiz Bank, headquartered in Northbrook, Illinois, is seeking a BSA and Fraud Analyst to join our in-office team in Northbrook. This role reports to the Bank’s BSA Officer and requires collaboration with compliance, operations, and audit functions to uphold AML, CTR, SAR and OFAC programs across the bank.

You will monitor daily data imports into the BAM+ system, review alerts and cases, draft investigation narratives and SARs, perform CTR reviews, monitor exempt CTR accounts, and escalate