Position: Anti-Money Laundering / Bank Secrecy Act (AML/BSA) Officer
Location: Onsite Downtown Chicago, IL 60607 (4 days onsite, 1 day remote)
Direct Hire/Permanent Position
Salaried + Bonus
Overview:
Our client is seeking an experienced AML/BSA Officer to lead and oversee its AML/BSA Program. This is a highly visible role with direct interaction with executive leadership, regulators, auditors, and the Audit Committee. The ideal candidate will have a strong background leading an AML/BSA program, with particular expertise in mortgage lending, mortgage servicing, mortgage fraud investigations, mortgage-related SAR filings, underwriting reviews, and mortgage risk assessments.
Key Requirements:
- Active CAMS certification (required)
- 10+ years of AML/BSA experience within financial services (Mortgage Related)
- Experience leading an AML/BSA program
- Strong fraud investigation experience, including SAR decisions and filings
- Experience applying regulatory frameworks and presenting findings to decision-making committees
- Direct interaction with regulators, auditors, and examiners
Responsibilities Include:
- Leading the AML/BSA Program and ensuring ongoing regulatory compliance
- Managing suspicious activity investigations and SAR reporting
- Conducting AML/BSA and mortgage-related risk assessments
- Partnering with business units to identify and mitigate fraud and financial crime risks
- Supporting regulatory examinations, audits, and remediation efforts
- Collaborating with Audit, ERM, Compliance, Legal, and business stakeholders
- Preparing and presenting reporting to executive leadership and the Board
The successful candidate is a strategic, analytical leader who can effectively challenge stakeholders, influence without authority, and serve as a trusted advisor on AML/BSA and financial crime risk matters.