BSA Specialist III - Investigator

Wintrust Financial Corp; Chicago (IL); On-site; USD 39,000 - 51,000; Full time

Benefits offered by this job

Medical Insurance

Dental

Vision

Life Insurance

401(k) with company match

Tuition Reimbursement

Parental Leave

Employee Assistance Program

Flexible Spending Account

Employee Stock Purchase Plan

Job summary

Wintrust Financial Corporation seeks a SpecialistIII- Investigator to conduct in-depth investigations escalated from alerting and monitoring. You will review accounts for unusual activity, prepare SARs, and support the BSA/AML and OFAC compliance program across the enterprise.

This role requires collaboration with multiple lines of business and strict confidentiality. Qualifications include 1–3 years in Bank Secrecy/AML/OFAC, SAR filing experience, and preferably a Bachelor's degree.

Qualifications

• One to three years plus in Bank Secrecy, AML and OFAC with working knowledge of related laws and guidance.
• Experience filing SARs is required; strong critical thinking and problem-solving skills.
• Experience with automated AML software preferred, specifically Actimise.
• Bachelor's degree preferred.

Responsibilities

• Identify and analyze high-risk customers and accounts for unusual activity.
• Provide accurate documentation of suspicious activity and recommended actions.
• Prepare and file Suspicious Activity Reports (SARs) and follow review procedures.
• Maintain confidentiality of reports and documentation as required by law.
• Review legal requests and conduct account reviews from BSA/AML/USA Patriot Act perspective.
• Collaborate with internal teams to obtain information and support case resolution.

Skills

BSA/AML knowledge

SAR filing

Analytics

Attention to detail

Communication

Education

Bachelor's degree preferred

Tools

Actimise

Job description

Why join us?

An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 12 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?

An entrepreneurial culture with opportunity for growth

Position Summary

The SpecialistIII- 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 required. Must possess critical thinking and problem-solving skills
• Experience with automated anti-money laundering software preferred specifically Actimise
• Bachelor's degree 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 $28.37-$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.

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 build a company that reflects the communities we serve, we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success.

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, sex, age, national origin, disability, veteran status, genetic information, and other legally protected categories.

Wintrust may collect personal information from you in connection with the application process. Wintrust complies with the California Consumer Privacy Act of 2018, and its policy may be found here.