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WHAT YOU'LL DO

Duties & Responsibilities

• Conduct AML alert reviews, case investigations, and file SARs
• Ensure alerts, cases, and SARs are completed timely and have sufficient quality
• Interact and work closely with lines of business including discussing potentially suspicious activity, exiting customer relationships, requesting customer information, among other tasks
• Interact with law enforcement and respond to law enforcement/subpoena requests
• Assist in the development and enhancement of risk-based procedures and processes related to AML investigations and other tasks
• Assist in the analysis and implementation of risk-based AML monitoring that aligns with the AML Act of 2020, particularly the AML/CFT National Priorities
• Assist or lead projects related to the enhancement of the Bank’s FCRM Program, particularly those focused on AML monitoring program
• Reporting (written and verbal) to senior management in a clear, concise manner, when applicable
• Monitor and stay current with BSA/AML and OFAC regulatory, industry developments, and best practices

WHAT YOU'LL BRING

Knowledge of:

• Federal Regulations, specifically regulations implemented and enforced by FinCEN and the federal functional regulators
• Experience mentoring junior team members
• Good oral and written communication skills

Ability to:

• Be highly skilled in having difficult discussions with bankers/LOBs regarding suspicious activity and customer relationship status
• Attend compliance related meetings with business partners at the various bank regions, as applicable, in relation to the Regulatory Compliance Program
• This position requires the ability to assess BSA/AML and OFAC risk in current and new bank initiatives while providing easy to understand guidance to business staff and senior management

WHY IT MATTERS

With recent changes to the BSA/AML regulatory space through passage of the AML Act of 2020, strong employees with a mindset that is risk-based and innovative are in need more than ever. Development of an AML investigations team is critical for the FCRM Department. Having a risk-based and innovative FCRM Program gives Busey a competitive advantage over its competitors, while also playing an important role in protecting the bank and financial industry from criminals. In today’s regulatory environment, identifying and mitigating financial crimes risk before it becomes a bigger issue, not only protects income, it builds up Busey’s reputation with its customers. A strong reputation leads to customer retention and new customer acquisition. You will also be a partner to Busey’s business lines and key to their success and the success of Busey.

EDUCATION & TRAINING

• Bachelor’s degree or equivalent experience is required
• 4-6 years of BSA/AML experience in focused on AML monitoring and/or EDD reviews within financial services is required. A combination of this experience, alongside BSA/AML and OFAC risk management and governance, QC/Quality Assurance, Internal Audit, or other similar experience, is preferred
• Professional certification (e.g., CAMS, CFE, etc.) preferred or willingness to obtain within 18 months of hire.

Remote Eligible In: Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Maine, Michigan, Missouri, Ohio, South Dakota, Tennessee, Texas, Virginia and Wisconsin

Busey believes that diversity and inclusion among our teammates is critical to our success as a company, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool.

Equal Opportunity Employment is a priority for Busey and all qualified applicants will receive consideration regardless of race, color, religion, national origin, genetic information, sex (including pregnancy), age, sexual orientation, gender (including gender identity and expression), marital status, military status, veterans status, citizenship status, disability, order of protection or any other characteristic protected by applicable law or other non-merit based factors.