Part-Time BSA/AML Compliance Specialist

  • $42/hour
  • Chicago, IL, USA
  • Contract, Part time
  • The Mom Project
  • 08 Nov 18

The Compliance Specialist performs a variety of critical monitoring functions related to regulatory consumer protection focused on BSA/AML within a community bank. The Compliance Specialist ensures ongoing compliance with established policies, procedures, and federal, state, and local government regulations. This is a part-time role, 3-4 days per week.

The Compliance Specialist performs a variety of critical monitoring functions related to regulatory consumer protection focused on BSA/AML within a community bank. The Compliance Specialist ensures ongoing compliance with established policies, procedures, and federal, state, and local government regulations.

This is a part-time role, 3-4 days per week.

PRINCIPAL RESPONSIBILITIES: 

-Responsibilities may include OFAC review, RFI’s, EDDs CIP monitoring, and risk assessments. 

-Works with operating units to create controls and monitoring tools specific to regulatory compliance. 

-Understands compliance risk management concepts and assists in implementing and updating the 

Bank’s compliance risk assessment. 

-Prepares action plans to implement regulatory changes that impact the Bank’s operations. 

-Independently performs compliance testing using knowledge of regulations to evaluate the 

performance of the Bank's various operating units within the context of these regulations. 

-Executes and assists on designated aspects of testing methodology including planning, preparation of written scope documents, work papers and audit reports, fieldwork, and audit issue follow-up activities. 

-Assists with the preparation and presentment of monitoring and audit recommendations to business unit management. 

-Assists in the development of compliance training and initiates training. 

-Supports the operating units and branch locations by responding to questions and conducting 

compliance risk assessments.

EXPERIENCE, EDUCATION, CERTIFICATION: 

Required: 

-Bachelor’s degree and some formal regulatory compliance training, or equivalent work experience. 

-3-5 years compliance experience in the financial services area. 

Preferred: 

-Exposure to consumer regulatory compliance in deposit operations preferred. 

-Experience with a community bank.

OTHER KNOWLEDGE, SKILLS, ABILITIES: 

-Bank Software literacy (LaserPro, CRAwiz, FiServ, and CCH Compliance Library) preferred. 

-MS Office including Word, Excel, Project, and PowerPoint. 

-Bank Software (LaserPro, CRAwiz, FiServ, CCH Compliance Library).