AML / BSA Analyst

Job Description

Job Description

We are looking for an experienced AML / BSA Analyst to join our team on a contract basis in Joliet, Illinois. This role requires a dedicated individual with a strong background in anti-money laundering and credit risk management. The position is ideal for someone eager to contribute their expertise in a fast-paced, collaborative environment.

Responsibilities :

• Analyze financial transactions and customer data to identify potential risks related to money laundering and fraudulent activities.
• Ensure compliance with AML / BSA regulations and organizational policies.
• Conduct detailed investigations and prepare reports on suspicious activities.
• Collaborate with internal teams to implement and enhance compliance procedures.
• Utilize programming tools, such as Cl Programming, to support data analysis and reporting.
• Monitor credit risk and develop strategies to mitigate potential issues.
• Provide recommendations for improving processes and controls related to AML and credit risk management.
• Stay updated on regulatory changes and industry best practices to maintain compliance.
• Support the integration and optimization of compliance systems and tools.
• Train and mentor team members on AML / BSA policies and procedures.
• Minimum of 3 years of experience in AML / BSA compliance or a related field.
• Solid knowledge of anti-money laundering regulations and credit risk management practices.
• Proficiency in data analysis and familiarity with Cl Programming.
• Strong analytical and problem-solving skills.
• Effective communication and collaboration abilities.
• Experience with compliance tools and systems.
• Ability to stay current with regulatory updates and industry trends.
• Bachelor's degree in Finance, Business, or a related field is preferred.