• AML Investigator

    Job Location US-IL-Chicago
    Posted Date 1 month ago(5/17/2018 2:50 PM)
    # of Openings
  • Overview



    CIBC provides tailored commercial, wealth management, personal, and small business financial solutions in the United States through 46 offices in 18 states, as well as cross-border banking services to clients with North American operations. Learn more at cibc.com/US.


    CIBC is a Toronto-based, global financial institution with a 150 year history, serving 11 million personal and business clients. We invest in our businesses, our clients, our people and our communities to deliver consistent and sustainable earnings to our shareholders. 


    CIBC delivers access to career and development opportunities, safe and healthy workplaces, effective training, and positive work-life balance – so that employees are able to perform at their best, contribute to their communities and focus on cultivating deeper relationships with our clients.


    Every year, CIBC is recognized for its business success, community commitment and employee initiatives.  We are proud of this success and are committed to creating an inclusive workplace and an environment where all employees can excel.


    CIBC Bank USA is an Equal Opportunity Employer M/F/Disability/Veteran




    Anti-Money Laundering (AML) Investigations Officer will be responsible for reviewing and decisioning complex transaction monitoring alerts designed to detect potential money laundering, terrorist financing, and drug trafficking activities in compliance with the Bank Secrecy Act (BSA), USA PATRIOT Act, and related laws and regulations. Officer will monitor and analyze customer account activity, evaluate industry and client risks, and recommend suspicious activity report (SAR) filing.



    • Evaluate and document the effectiveness of alert thresholds
    • Identify and analyze high-risk customers and other identified accounts for unusual and suspicious activity.  Provide accurate documentation of the suspicious activity and recommends appropriate actions
    • Prepare Suspicious Activity Reports (SARs) and follow appropriate review, documentation and follow-up steps as outlined in Bank’s BSA/AML Program. Maintain confidentiality of reports and documentation as required by law
    • Review legal requests and conduct account reviews from a BSA/AML/USA Patriot Act perspective
    • Provide prompt escalation of BSA findings to appropriate management
    • Communicate internally to all lines of business to obtain additional information and further documentation needed to complete analysis of identified accounts
    • Assist in maintaining and testing the data inputs used by the transaction monitoring system


    • Minimum 2-5 years of investigative or related experience with emphasis on BSA/AML
    • Bachelor's degree or equivalent job experience in banking
    • Intermediate Excel and Word skills
    • Ability to independently analyze, research, and problem solve
    • Strong writing skills
    • Experience with a BSA/AML transaction monitoring system required
    • Knowledge of applicable regulations and industry knowledge of emerging risks


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