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Bank Secrecy Analyst Jobs in Illinois

Deutsche Bank Analyst Internship Program – Investment Bank: Corporate Finance - Chicago - 2024
By Deutsche Bank At Chicago, IL, United States

Deutsche Bank Internship Program Country: United States City: Chicago Job Description: Program title: Business Division: Investment Bank: Corporate Finance Location: Chicago ...

Are you looking for an exciting opportunity to use your expertise in financial analysis to help protect the integrity of the global financial system? We are looking for a Bank Secrecy Analyst to join our team and help us identify and report suspicious financial activity. As a Bank Secrecy Analyst, you will be responsible for reviewing customer transactions and identifying any potential money laundering or terrorist financing activities. You will also be responsible for preparing and filing Suspicious Activity Reports (SARs) with the appropriate regulatory agencies. If you are an analytical thinker with a passion for financial crime prevention, this could be the perfect job for you!

Overview:

A Bank Secrecy Analyst is responsible for ensuring that the bank complies with all applicable laws and regulations related to anti-money laundering (AML) and Bank Secrecy Act (BSA). This includes monitoring customer accounts for suspicious activity, filing suspicious activity reports (SARs) with the Financial Crimes Enforcement Network (FinCEN), and performing due diligence on customers.

Detailed Job Description:

A Bank Secrecy Analyst is responsible for ensuring that the bank complies with all applicable laws and regulations related to anti-money laundering (AML) and Bank Secrecy Act (BSA). This includes monitoring customer accounts for suspicious activity, filing suspicious activity reports (SARs) with the Financial Crimes Enforcement Network (FinCEN), and performing due diligence on customers. The Bank Secrecy Analyst is also responsible for developing and implementing AML/BSA policies and procedures, conducting AML/BSA training, and providing guidance to other bank personnel on AML/BSA compliance.

What is Bank Secrecy Analyst Job Skills Required?

• Knowledge of AML/BSA laws and regulations
• Strong analytical and problem-solving skills
• Excellent communication and interpersonal skills
• Ability to work independently and as part of a team
• Proficiency in Microsoft Office Suite
• Knowledge of banking systems and processes

What is Bank Secrecy Analyst Job Qualifications?

• Bachelor’s degree in finance, accounting, or related field
• 5+ years of experience in banking or financial services
• Certified Anti-Money Laundering Specialist (CAMS) certification
• Knowledge of AML/BSA laws and regulations

What is Bank Secrecy Analyst Job Knowledge?

• Knowledge of banking systems and processes
• Knowledge of AML/BSA laws and regulations
• Knowledge of financial crimes and fraud prevention
• Knowledge of customer due diligence and KYC requirements

What is Bank Secrecy Analyst Job Experience?

• 5+ years of experience in banking or financial services
• Experience in developing and implementing AML/BSA policies and procedures
• Experience in filing suspicious activity reports (SARs)

What is Bank Secrecy Analyst Job Responsibilities?

• Monitor customer accounts for suspicious activity
• File suspicious activity reports (SARs) with the Financial Crimes Enforcement Network (FinCEN)
• Perform due diligence on customers
• Develop and implement AML/BSA policies and procedures
• Conduct AML/BSA training
• Provide guidance to other bank personnel on AML/BSA compliance