BSA Specialist I - Governance (Finance)
Wintrust is a financial holding company with approximately $62 billion in assets whose common stock is traded on the NASDAQ Global Select Market. Guided by its “Different Approach, Better Results” philosophy, Wintrust offers the sophisticated resources of a large bank while providing a community banking experience to each customer. Wintrust operates more than 200 retail banking locations through 16 community bank subsidiaries in the greater Chicago, southern Wisconsin, west Michigan, northwest Indiana, and southwest Florida market areas. In addition, Wintrust operates various non-bank business units, providing residential mortgage origination, wealth management, commercial and life insurance premium financing, short-term accounts receivable financing/outsourced administrative services to the temporary staffing services industry, and qualified intermediary services for tax-deferred exchanges. Our unique business model is a competitive strength and value driver, powered by our talented colleagues who put our customers first and achieve better results for our clients.
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 I is responsible for assisting BSA Management with various aspects related to the Bank Secrecy Act Program. This position is primarily responsible for analysis and preparation of reports and material for various meetings and committees such as Board of Directors, Audit Committee, BSA Committee, exams, etc. The position assists with coordination of BSA Oversight meetings with various Wintrust Lines of Businesses and is cross-trained in Alerts and/or EDD.
What You'll Do
Analysis and preparation of reports and material for various oversight meetings and committees such as Board of Directors, Audit Committee, BSA Committee, exams, audits, etc.
Perform BSA Program daily and periodic duties primarily handled by the analysts, investigators and EDD Specialists.
Assist with coordination of BSA Oversight meeting with various Wintrust Lines of Businesses such as the Wintrust Funds Group, International Services Group, Mortgage, etc. Provides guidance and support to business lines, corporate units and compliance officers.
Coordinate and respond to outside correspondent banks and bank rating agencies for BSA due diligence questionnaires.
Assists BSA Management, including non-bank BSA Management, with initiatives and ongoing projects to ensure timely completeness with objectives. Follows up to ensure issues are addressed and resolved.
Oversee completion and analysis of key BSA reports, stats, KRIs, etc.
Qualifications
2 - 3 years banking experience.
1-2 years of BSA experience.
Working knowledge of various laws, regulations and guidance as it relates to BSA, AML and OFAC.
Strong research, investigative, analytical, organizational, and time management skills.
Bachelor's degree 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 $24.04-$31.25, 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.
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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 be Chicago's Bank® and Wisconsin's Bank®, we need to reflect that diversity both in all the communities we serve, the people we employ, the organizations we work with, and our banking and lending practices. 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, national origin, sex, sexual orientation, gender identity and expressions, genetic information, marital status, age, disability, or status as a covered veteran or any other characteristic protected by law.
