AML Governance Analyst
Chicago StaffingChicago, IL, US3 days ago
Job type
- Part-time
Job descriptionBachelor's degree and / or 35 years of relevant experience. Strong understanding of AML operations, financial services, and regulatory requirements. Excellent attention to detail and organizational skills. Proficiency in MS Office and AML-specific systems. Strong written and verbal communication skills. Assists in the implementation, maintenance and administration of a specific compliance program. Coordinates and performs risk assessment, monitoring, testing and surveillance activities to ensure program remains current and aligned with BMO Compliance Program. Works with business / group and internal partners to ensure regulatory, corporate and fiduciary obligations are met. Advises business / group on implications of new regulatory developments or internal products, and assists to implement new / revised policies and programs to address them. Identifies risks and implements appropriate actions to mitigate them. Develops and maintains compliance information for analysis and reporting. Achieves compliance goals by maintaining current knowledge of regulatory requirements and developments. Maintains functional and regulatory expertise specific to business group, and refers to Compliance Policies & Procedures manuals for requirements. Contributes to business / group results by providing oversight and making recommendations that significantly impact the Bank's ability to monitor regulatory compliance programs, minimize operational risk and align with regulatory agencies. Provides advice and guidance to assigned business / group on implementation of solutions to manage regulatory risk based on an understanding of business operations and stakeholder needs. Builds effective professional relationships with business line, other internal / external stakeholders and regulators on the initial stages of investigations. Conducts and / or effectively challenges risk assessments for business / group and assists to identify more effective compliance controls. Performs and / or effectively challenges monitoring and testing activities to ensure compliance regulatory compliance controls are operating and aligned to regulatory requirements. Supports root cause analysis in response to material control failures in business / group. Identifies, assesses, effectively challenges and oversees the satisfactory resolution of issues, including ensuring adequate management remediation plans and validation. Elevate high profile issues / risk cases to Compliance and business / group management for prompt resolution. Analyzes and reports compliance information to Compliance and business / group management. Develops and maintains a high level of expertise in all regulations, directives and guidance which apply to the group(s) supported. Provides input to business / group on emerging risks, regulatory developments and interpretation of regulations. Conducts and / or effectively challenges risk assessments for business / group and assists to identify more effective compliance controls. Performs and / or effectively challenges monitoring and testing activities to ensure regulatory compliance controls are operating and aligned to regulatory requirements. Supports root cause analysis in response to material control failures in business / group. Identifies, assesses, effectively challenges and provides oversight on the satisfactory resolution of issues, including ensuring adequate management remediation plans and validation. Elevate high profile issues / risk cases to Compliance and business / group management for prompt resolution. Analyzes and reports compliance information to Compliance and business / group management. Advises first line of defense management and employees on compliance matters. Consults on new products, services and automated systems to assist with incorporating compliance requirements into these initiatives. Ascertains training needs and helps develop training based on gaps identified through the compliance monitoring and testing. Identifies enhancements to business group compliance tools and processes and communicates to required stakeholders. Assists business group management in communicating and implementing changes to applicable regulatory policies and procedures. Represents the business / group Compliance team and interacts with examiners / auditors during internal, external and regulatory audits and examinations. Provides regulatory perspective on business group's sales and marketing materials. Anticipates / identifies and analyses risk and consequences of unaddressed risk factors / compliance gaps, and recommends appropriate controls. Builds effective professional relationships with business / groups. Operates effectively within a high stress environment with constantly changing expectations and regulatory & audit scrutiny. Accesses, monitors and reports on sensitive Bank, customer, transactional and employee information to ensure compliance with regulatory requirements. Communicates the roles and importance of each of the three lines of defense, and proactively identifies regulatory risk. Focus is primarily on business / group within BMO; may have broader, enterprise-wide focus. Exercises judgment to identify, diagnose, and solve problems within given rules. Works independently on a range of complex tasks, which may include unique situations. Broader work or accountabilities may be assigned as needed. Typically between 3 - 5 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience. Recognized compliance certificate or equivalent preferred. Proficient knowledge of consumer protection and related marketing and advertising guidelines. Proficient level of knowledge of a compliance field. Strong knowledge of business operations & procedures, and activities involving documented practices. Proficient in communication, critical thinking, relationship management and project management skills. Technical proficiency gained through education and / or business experience. Verbal & written communication skills - In-depth. Collaboration & team skills - In-depth. Analytical and problem solving skills - In-depth. Influence skills - In-depth. Data driven decision making - In-depth.
Governance Analyst
If you're looking for your next dream job, consider this one in BMO's Enterprise Risk Group where every colleague helps protect and grow the bank by providing independent review and oversight of enterprise-wide risks, working together to maintain a risk management framework and fostering a strong risk culture. The Governance Analyst supports the AML Governance & Control team by managing quality oversight processes, maintaining governance documentation, and ensuring the accuracy of AML metrics and reporting. This role plays a key part in control reviews, committee logistics, and documentation updates, while serving as a GRCE system expert.
Key Responsibilities :
- Conduct quality control reviews of monthly and quarterly AML metrics to ensure accuracy.
- Serve as GRCE tool expert, supporting control enhancements and transitions.
- Maintain governance documentation and support committee / forum logistics.
- Oversee the AML Resource Library and SharePoint sites, ensuring timely updates and compliance with review cycles.
Qualifications & Skills :
Work arrangement : This role follows a hybrid work model. Employees are expected to work onsite in the office for a minimum of 50% of their scheduled time each month.
Additional Responsibilities :
Qualifications :
Salary : $63,300.00 - $117,200.00 Pay Type : Salaried The above represents BMO Financial Group's pay range and type. Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group's expected target for the first year in this position. BMO Financial Group's total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans.
Create a job alert for this search
Aml Analyst • Chicago, IL, US
Related jobs
We’re building a relationship-oriented bank for the modern world.We need talented, passionate professionals who are dedicated to doing what’s right for our clients.
At CIBC, we embrace your strength...Show moreLast updated: 5 days ago
We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence in a world of change, empowering our clients and people to realize their ful...Show moreLast updated: 2 days ago
BSA / AML Compliance Analyst – To $36 / hr – Remote – (1099 / Contract) - Job # 3450.The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & San Antonio, TX.Our nationally...Show moreLast updated: 30+ days ago
ZS is a place where passion changes lives.As a management consulting and technology firm focused on improving life and how we live it, we transform ideas into impact by bringing together data, scie...Show moreLast updated: 5 days ago
Duration : 6 Month Contract to Hire.Location : Chicago, IL (Hybrid).The Sourcing Analyst is an entry level role supporting the sourcing team by assisting with supplier research, data analysis, prepar...Show moreLast updated: 1 day ago
Summary : • •In this role, you will support the day-to-day operations of the organization's Identity and Access Management (IAM) program.
You will play a critical part in ensuring that access to inform...Show moreLast updated: 5 days ago
ZS is a place where passion changes lives.As a management‑consulting and technology firm focused on improving life and how we live it, we transform ideas into impact by bringing together data, scie...Show moreLast updated: 5 days ago
Taft is seeking an Information Governance-Matter Mobility Analyst to support our Information Governance team in our Chicago, Cincinnati, Cleveland, Columbus, Dayton, Detroit, Indianapolis or Minnea...Show moreLast updated: 30+ days ago
Analyst, LTL Carrier Relations.Reports To : Director, LTL Carrier Relations.Environment : In Office 3 days per week with ability to travel up to 15%.
Recognized by Gartner in their Modern 4PL Market G...Show moreLast updated: 29 days ago
As an Analyst - Data Governance, you are responsible for hands-on execution and maintenance of our master data and for enforcing policies and processes around data attributes.You will be part of a ...Show moreLast updated: 5 hours ago Role Summary / Purpose : Reporting to the VP, of Model Governance, this role requires an understanding or background in modeling as well as experience critical to supporting the overall governance pro...Show moreLast updated: 3 days ago 
As an Analyst - Data Governance, you are responsible for hands-on execution and maintenance of our master data and for enforcing policies and processes around data attributes.You will be part of a ...Show moreLast updated: 11 days ago
A leading recruitment agency is seeking an Actuarial Consultant to develop and maintain actuarial models for life insurance.
The role requires proficiency in actuarial software and understanding of ...Show moreLast updated: 1 day ago
US-IL-Chicago | US-IN-Evansville | US-MN-Lake Elmo | US-MN-St Louis Park | US-IN-Indianapolis | US-KY-Louisville | US-WI-Milwaukee | US-MI-Troy | US-WI-Madison | US-TN-Nashville.Old National Bank h...Show moreLast updated: 30+ days ago
We’re building a relationship-oriented bank for the modern world.We need talented, passionate professionals who are dedicated to doing what’s right for our clients.
At CIBC, we embrace your strength...Show moreLast updated: 4 days ago A staffing agency is seeking an Actuarial Consultant located in Chicago, IL, to develop and maintain actuarial models for life insurance.
The successful candidate will have strong expertise in AXIS,...Show moreLast updated: 1 day ago Senior Manager In AML Analytics.CIBC is building a relationship-oriented bank for the modern world.We need talented, passionate professionals who are dedicated to doing what's right for our clients...Show moreLast updated: 2 days ago 
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative f...Show moreLast updated: 5 days ago
- Promoted
AML Analytics Senior Manager
Canadian Imperial Bank of CommerceChicago, IL, United StatesFull-time
- Promoted
Risk Consulting Manager - AML Validation
RSM US LLPChicago, IL, United StatesFull-time
BSA / AML Compliance Analyst - Job #3450
BritePros Medical StaffingChicago, Illinois, United StatesFull-time
Quick Apply
- Promoted
Senior Governance & Risk Analyst
Zs AssociatesChicago, IL, United StatesFull-time
- Promoted
Sourcing Analyst
Insight GlobalChicago, IL, United StatesTemporary
- Promoted
Senior IAM Analyst
Vizient, IncChicago, IL, United StatesFull-time
- Promoted
Senior Governance & Risk Analyst
ZSChicago, IL, United StatesFull-time
- Promoted
Information Governance - Matter Mobility Analyst
Taft Stettinius & Hollister LLPChicago, IL, United StatesFull-time
- Promoted
Analyst, LTL Carrier Relations
Redwood LogisticsChicago, IL, USFull-time
- Promoted
- New!
Analyst - Data Governance
WESCO InternationalGlenview, IL, United StatesFull-time
- Promoted
AVP, Model Governance
Chicago StaffingChicago, IL, USFull-time
- Promoted
Analyst - Data Governance
WescoGlenview, IL, United StatesFull-time
- Promoted
ALM Actuarial Analyst – Life Insurance Modeling
Jobs via DiceChicago, IL, United StatesFull-time
- Promoted
Data Governance Analyst
Old National BankChicago, IL, United StatesFull-time
- Promoted
AML Analytics Senior Manager
CIBCChicago, IL, United StatesFull-time
- Promoted
Actuarial Consultant : ALM & Asset Modeling (Onsite Week)
Jobs via DiceChicago, IL, United StatesFull-time
- Promoted
AML Analytics Senior Manager
Chicago StaffingChicago, IL, USFull-time
- Promoted
Senior Analyst,Transfer Agency
Stryker CorporationChicago, IL, United StatesFull-time