AML/BSA Officer
At the Federal Home Loan Bank of Chicago, employees come first - that’s why we offer a highly competitive compensation and bonus package, and access to a comprehensive benefits program designed to meet the needs of our employees. Collaborative, in-office operating modelRetirement program (401k and Pension) Medical, dental and vision insurance Lifestyle Spending Account Competitive PTO plan 11 paid holidays per yearWho we areOur mission at FHLBank Chicago: To partner with our members in Illinois and Wisconsin to provide them competitively priced funding, a reasonable return on their investment, and support for their community investment activities.Simply said, we're a bank for banks and other financial institutions, focused on being a strategic partner for our members and working together to reinvest in our communities, from urban centers to rural areas. Created by Congress in 1932, FHLBank Chicago is one of 11 Federal Home Loan Banks, government sponsored in support of mortgage lending and community investment.What it’s like to work hereAt FHLBank Chicago, we bring people together. We are committed to a high performing, engaged workforce, and to supporting the communities we serve across Illinois and Wisconsin. Our Buddy Program pairs new hires with tenured employees to guide their onboarding. Our professional development and training opportunities through upskilling, mentorship programs, and tuition reimbursement allow employees to grow their career with us. Our collaborative, in-office operating model brings teams together to foster innovation, connection, and shared success. To support balance and flexibility, employees are provided an allocation of remote days to use as needed throughout the year.What you’ll do:The AML/BSA Officer will serve as the Bank’s designated AML/BSA Officer and is primarily responsible for administration, execution, and continuous improvement of the Bank’s AML/BSA Program. This role operates within the second line of defense and exercises independent judgment in identification, escalation, and reporting of AML/BSA risks. Reporting to the Director of Compliance, this role serves as a senior individual contributor, leads day-to-day program execution, and serves as the primary point of contact for regulatory and examination inquiries. The role is responsible for reporting and training and maintains direct access to senior management and the Audit Committee of the Board for escalation of material AML/BSA issues.How you’ll make an impact:Establish direct accountability point for AML/BSA, strengthening regulatory credibility and ensuring clear, direct escalation of financial crime risks to senior management.Establish dedicated second-line expertise and independence, enabling more effective and stronger oversight over the AML BSA Program.Centralize ownership of program execution, improving the quality, consistency, and defensibility of the program and supporting activities.What you can expect:Lea...