AML CFT Specialist

Old Second Bancorp
United States
Workplace: HybridFull timeUSD 24.85 - 31.25 hourlyFunction: Legal, Risk & ComplianceExperience: 2+ yearsEducation: high_schoolSkills: ["Attention to detail","Analytical skills","Accuracy","Multi-tasking","Prioritization"]

Assist the AML CFT Officer in managing the bank’s AML/CFT/OFAC program end-to-end. Review and analyze alerts from the AML monitoring system, document findings, and support SAR-related recommendations. Perform CIP and beneficial ownership validation, handle FinCEN 314(a) requests, support customer due diligence, and review/certify OFAC suspects when SDN lists update. Also support audits/exams and corrective action plans tied to AML/CFT responsibilities.

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FursaFursa
Old Second Bancorp
Old Second Bancorp
21 hours ago

AML CFT Specialist

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Source: Company careers pageValidated by: Fursa AI
Last checked: 5 hours agoStatus: Live

Job Summary

Assist the AML CFT Officer in managing the bank’s AML/CFT/OFAC program end-to-end. Review and analyze alerts from the AML monitoring system, document findings, and support SAR-related recommendations. Perform CIP and beneficial ownership validation, handle FinCEN 314(a) requests, support customer due diligence, and review/certify OFAC suspects when SDN lists update. Also support audits/exams and corrective action plans tied to AML/CFT responsibilities.
Location: United States
Workplace: Hybrid
Employment Type: Full time
Job Function: Legal, Risk & Compliance
Seniority: Entry level

Key Responsibilities

  • •Support the AML/CFT/OFAC end-to-end program processes and provide AML/CFT-related assistance to lines of business.
  • •Investigate AML monitoring alerts, analyze transaction behavior, and document conclusions in the AML case management system.
  • •Prepare customer activity analysis documentation and written recommendations for potential SARs for the SAR committee.
  • •Perform CIP and beneficial ownership validation, distribute weekly exception reports, and conduct FinCEN 314(a) search requests.
  • •Review, correct, and create CTRs for submission; review and certify OFAC suspects after SDN list updates and support AML/CFT audits and corrective actions.

Pay and Benefits

Salary: USD 24.85 - 31.25 hourly

Key Requirements

  • •High school diploma (or equivalent) plus 2+ years of retail or commercial banking experience.
  • •Basic knowledge of bank services and products and good understanding of AML/CFT/OFAC-related federal regulations.
  • •Strong analytical skills with a high degree of accuracy and attention to detail.
  • •Proficiency using core banking software and AML monitoring software such as BAM+.
  • •Ability to work in a fast-paced environment, prioritize, and multitask; related 1+ year AML/CFT compliance experience is helpful.
Experience:2+ yearsRetail bankingCommercial banking
Education:High School
Skills:Attention to detailAnalytical skillsAccuracyMulti-taskingPrioritization
Languages:English
Tech Stack:AML monitoringBAM+Window 2010Office

Company Brief

Old Second Bancorp
Community-focused bank holding company providing commercial, consumer, and wealth management services through Old Second National Bank. Serves businesses and individuals across Illinois with deposit, lending, treasury management, and digital banking solutions.
Industry: Banking
Company Size: Large (251 to 1,000 employees)
Revenue: USD 100M to 250M
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Aurora, United States
Founded: 1871
WebsiteLinkedIn