BSA Specialist III – Investigations

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 11 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?

• Hybrid Work Schedule – Split your time working remotely and at our Corporate Headquarters in Rosemont, IL
• An entrepreneurial culture with opportunity for growth
  
  

Position Summary

The BSA Specialist III - Investigations is responsible for supporting the maintenance and execution of the marijuana related business (MRB) program within the WTFC BSA Investigations unit. This role requires a strong working knowledge of BSA/AML/OFAC regulations and an overall understanding of banking products and services to assist the BSA Officer. A BSA Specialist III - Investigations will be working case reviews, including Suspicious Activity Reports (SARs) and supporting documentation prepared by automated monitoring systems and AML Investigators. Additionally, this role requires an understanding of a diverse range of red flags and unusual activity across the organization, including cannabis related business activity. The incumbent will also conduct QC reviews of vendor resources and reports including SARs. This position requires the ability to work independently with minimal direction and guidance and to provide best practices related to suspicious activity monitoring (SAM), customer due diligence (CDD), suspicious activity reporting (SAR), cannabis business due diligence (CBDD), and other business processes.

What You’ll Do

• Review daily, potentially suspicious activity across Wintrust entities including the First Insurance Finance cannabis-related business investigations and SAR filings.
• Monitor, assess, and document the performance of automated suspicious activity reporting systems. Provide insightful and objective observations based on the testing performed.
• Communicate both externally with third-party vendors and internally to all lines of business to obtain additional information.
• Provide Exam and Audit assistance.
• Other special projects and assignments as needed.
  
  

Qualifications

• 3 years in BSA/AML Investigations, including drafting and filing Suspicious Activity Reports.
• 3 years in banking experience.
• Knowledge of AML regulations and applicable rules (i.e BSA, FinCEN, USA Patriot ACT, Cole Memo).
• Experience with Actimize and/or Shield Compliance systems
• Experience conducting oversight of vendors.
• 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 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.