Compliance Manager

Job summary
Compliance Manager role in the Chicago, IL marketResponsible for coordinating the development, implementation, and administration of all aspects of the Compliance ProgramGenerous salary of up to $120K and a full benefits package
Job seniority: mid-to-senior level
Responsibilities
• Maintaining a current thorough understanding of money laundering and terrorist financing issues• Implementing assigned regulatory compliance responsibilities and activities associated with the Bank Secrecy Act and Money Laundering initiatives• Examining Bank policies, procedures, and practices to ensure compliance with laws and regulations• Monitoring compliance with state and federal laws and regulations• Performing a daily review of selected transaction activity reports• Monitoring account activity to ensure compliance with OFAC requirements• Identifying weaknesses in practice and procedure and recommending solutions• Coordinating, supervising, and supporting the bank's compliance-related programs• Filing all required reports and documents with the appropriate federal agency• Providing compliance assistance and information to all departments/functional units within the Bank
Requirements
• Bachelor's Degree in Business or Accounting or more years of equivalent job experience• Certified Anti-Money Laundering Specialist (CAMS), is preferred• Five or more years of experience in a banking role• Three or more years of experience in BSA/AML or fraud operations• Ability to read and interpret statutes and regulations• Ability to define problems, collect data, establish facts, and draw valid conclusions• Ability to communicate effectively verbally and in writing