VP BSA Operations Manager

Wintrust provides community and commercial banking, specialty finance and wealth management services through its 16 bank charters and nine non-bank businesses. Wintrust delivers the sophisticated solutions of a large bank while staying true to the relationship-focused, personalized service of our community banking roots. We serve clients in all 50 states with more than 200 branch banking locations in Illinois, southwestern Florida, northwestern Indiana, west Michigan and southern Wisconsin and commercial banking offices in Chicago, Denver, Milwaukee, Grand Rapids, Mich., and in key branch banking locations throughout Illinois. Our people are the heart of our business and we are proud to rank consistently as a top place to work. Wintrust is a $66 billion financial institution based in Rosemont, Illinois, and listed on the NASDAQ Global Select Market under the symbol “WTFC.”

Why join us?

• An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 12 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

• Family-friendly work hours

• Promote from within culture

Why join this team?

• An entrepreneurial culture with opportunity for growth as the bank expands products and services and we modernize systems and processes.

• Opportunity to manage the enterprise-level OFAC, AML/CFT, due diligence, and CTR functions for our network of community banks and lines of business.

• Facilitate change with a relationship-driven team by collaborating with the BSA Officer subject matter experts on program enhancements identified in risk assessments.

• Lead a team of inclusive, diverse, and team-oriented coworkers with emphasis on mentorship, internal networking, and navigating change management.

Position Summary

This is a key operations manager role within the corporate BSA/AML program overseeing the production, quality, and employee development within the operations processes.  This role requires a subject matter expert in CTRs, OFAC, AML/CFT, and enhanced due diligence to lead the teams in day-to-day execution and strategic operations planning. 

What You'll Do

• Development and oversight of the customer due diligence functions including CTR and regulatory screening functions.  Management of the teams including capacity planning, coverage, achieving KPI’s, training, and individual development.  Build team culture and promote a culture of inclusiveness.  Develops and implements procedures and operational efficiencies to meet regulatory expectations and KPI’s operating within Wintrust’s risk appetite.

• Development and oversight of the SAM and CYEX Alert and Investigation functions.  Management of the teams including capacity planning, coverage, achieving KPI’s, training, and individual professional development.  Build team culture and promote a culture of inclusiveness.  Develops and implements procedures and operational efficiencies to meet regulatory expectations and KPI’s, operating within Wintrust’s risk appetite.

• Development and oversight of the enhance due diligence functions.  Management of the teams including Capacity planning, achieving KPIs, training, and individual development. Build team culture and promote a culture of inclusiveness.  Develops and implements procedures and operational efficiencies to meet regulatory expectations and KPIs operating within Wintrust’s risk appetite.

• Assess Bank Secrecy Act (BSA), anti-money laundering, and reputational risk matters identified through the execution and management of the Banks new and existing customers. This includes managing programs and processes to examine potential AML risk exposure for the Bank.

Qualifications

• 7-10 years BSA and Banking experience and seen as a leader in BSA/AML by their peers and holds industry certifications.

• Working knowledge of various laws, regulations and guidance as it relates to BSA, AML, and OFAC. Strong communication, problem solving, training, and time management skills.

• Bachelor’s degree or equivalent work experience and subject matter expertise.

• CAMS certified or in the process of obtaining CAMS certification or other BSA/Fraud related certification preferred but not required.

Compensation

The estimated salary range for this role is $160,000-$200,000, along with eligibility to earn an annual bonus. Actual salaries 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 build a company that reflects the communities we serve, we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success.  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, sex, age, national origin, disability, veteran status, genetic information, and other legally protected categories.