Senior BSA Specialist - CYEX

Job description

Wintrust provides community and commercial banking, specialty finance and wealth management services through its 16 bank charters and nine non-bank businesses. Wintrust delivers the sophisticated solutions of a large bank while staying true to the relationship-focused, personalized service of our community banking roots. We serve clients in all 50 states with more than 200 branch banking locations in Illinois, southwestern Florida, northwestern Indiana, west Michigan and southern Wisconsin and commercial banking offices in Chicago, Denver, Milwaukee, Grand Rapids, Mich., and in key branch banking locations throughout Illinois. Our people are the heart of our business and we are proud to rank consistently as a top place to work. Wintrust is a $66 billion financial institution based in Rosemont, Illinois, and listed on the NASDAQ Global Select Market under the symbol “WTFC.” 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. Play an important role supporting Wintrust’s BSA compliance efforts. Position Summary The Senior BSA CYEX EDD Specialist position is responsible for performing an enhanced due diligence (EDD) review of high-risk currency exchange (CYEX) commercial customers providing necessary oversight of the customer’s BSA program. This will include pre-onboarding analysis, risk assessment completion and reporting, ongoing monitoring including site visits. 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. The Senior BSA EDD Specialist has additional skills and/or subject matter expertise, enabling them to be highly proficient in undertaking complex tasks and in supporting the BSA CYEX Manager with day-to-day operation of the BSA CYEX Team. What You'll Do Complete enhanced due diligence for currency exchange commercial customers, assessing the overall risk and complete necessary documentation of findings. Analyze high-risk customers and other identified accounts for unusual and suspicious activity. Work collaboratively with Commercial and Treasury Management to understand CYEX customers. Communicates both internally and externally at all levels as part of the EDD process. Assist the BSA CYEX Manager in the daily responsibilities of managing the BSA CYEX Team: Participate on projects, audits, exams, etc.; develop targeted reviews; provide guidance and support to business lines, corporate units, and compliance officers. Complete annual EDD reviews and site visits. Conducts and coordinates quality control functions for all aspects of the BSA CYEX Unit. Responsible for coaching and guidance of EDD Specialists; manage and coordinate training for new hires, as needed. Qualifications 3-5 years banking experience and 3-5 years BSA experience. Working knowledge of BSA, AML, and OFAC laws, regulations and guidance. Strong communication, problem solving and time management skills. CAMS certified or in the process of obtaining CAMS certification or other BSA/Fraud related certification preferred, but not required. A bachelor’s degree is 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 salary range for this role is $71,000-$92,000 along with eligibility to earn an annual bonus. Actual salaries may vary based on several factors, such as a candidate’s qualifications, skills, and experience. #LI-ONSITE 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.