Job Description

Deputy BSA Officer – To $200K – Chicago, IL – Job # 3703B

Who We Are

The Symicor Group is a boutique talent acquisition firm based in Schaumburg, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!

We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.

The Position

Our bank client is seeking to fill a Deputy BSA Officer role in the Chicago, IL area. The successful candidate will be responsible for the implementation and management of effective Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) compliance programs for the bank - ensuring compliance with all applicable regulations.

The opportunity has a generous salary rate of up to $200K plus generous incentives and a benefits package. (This is not a remote position.)

Deputy BSA Officer responsibilities include:

• Support the BSA Officer in developing and maintaining policies and procedures, deliver training, reinforce internal controls, and ensure timely and accurate periodic MIS reporting.
• Maintain current knowledge of applicable laws, regulations, and issues. 
• Evaluate changes in industry practice and legal/regulatory requirements and ensure that timely appropriate action is taken.
• Develop KRIs/KPIs for reporting to applicable oversight committees.
• Coordinate with the BSA Senior Leadership team members and Governance Analyst to prepare and execute the annual BSA/AML/OFAC risk assessment, including data analysis, coverage assessment, methodology and application.
• Ensure compliance with 314(a) and 314(b) (PATRIOT Act) responsibilities.
• Lead BSA/AML Steering Committee meetings to provide current information to committee members.
• Requires continuous exercise of judgment following broad guidelines. Identifies and selects complex choices of action where standard practices may not exist. Must be able to accommodate detailed work, problem solving, reasoning, math, presentations, verbal communication, written communication, analytical reasoning, training others, multiple concurrent tasks and constant interruptions.
• Assist in preparation and coordination of independent audits and regulatory examinations.
• Assist in department/division special projects and tasks for the department as directed.
• Assist in the development, revision or reviews of bank policies, procedures, disclosures, notices, and forms to comply with legislative and regulatory changes or new requirements.Advise lines of business and operational areas of BSA, AML and OFAC Program Issues, including regulatory changes, business changes, impacts on new products and services, process and procedure changes.

Who Are You?

You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.

You also bring the following skills and experience:

• Master’s Degree or comparable experience
• Bachelor’s degree in business, Finance, Accounting, or related field desired
• 10+ years relevant experience in BSA/AML and OFAC compliance preferably in a mid-size or large bank environment
• CAMS, CAFP, or CRCM
• Extensive knowledge of Enhanced Due Diligence (EDD) matters, OFAC regulations, USA PATRIOT Act, AML/BSA Acts, Fraud Scenarios, Criminal Situations, and Internal Crimes with the ability to define problems and propose solutions.
• Able to manage and execute multiple complex projects within required timelines and expectations required
• Extensive knowledge of information technology, particularly how systems and applications integrate with business processes and operations (e.g., information technology risks, major systems conversions)
• Excellent communication/influence skills are required, including reports; presentations; group facilitation skills; ability to develop professional relationships; and networking internally/externally)
• Proven ability to partner effectively across all levels of the organization and develop positive working relationships
• Highly logical and organized to develop creative solutions to complex problems.
• Executive presence with internal partners and external constituents, as necessary
• Business or Statistical Models experience, including governance, controls, development, documentation, validation, and calibration.

The next step is yours. Email us your current resume along with the position you are considering to:

resumes@symicorgroup.com

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