Senior Fraud Analyst - Quality Assurance (Finance)
Wintrust is a financial holding company with approximately $62 billion in assets whose common stock is traded on the NASDAQ Global Select Market. Guided by its “Different Approach, Better Results” philosophy, Wintrust offers the sophisticated resources of a large bank while providing a community banking experience to each customer. Wintrust operates more than 200 retail banking locations through 16 community bank subsidiaries in the greater Chicago, southern Wisconsin, west Michigan, northwest Indiana, and southwest Florida market areas. In addition, Wintrust operates various non-bank business units, providing residential mortgage origination, wealth management, commercial and life insurance premium financing, short-term accounts receivable financing/outsourced administrative services to the temporary staffing services industry, and qualified intermediary services for tax-deferred exchanges. Our unique business model is a competitive strength and value driver, powered by our talented colleagues who put our customers first and achieve better results for our clients.
Why join us?
An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 11 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
Promote from within culture
Why join this team?
This position has the opportunity to interface with and have a positive impact on multiple areas of Wintrust's business
We hold ourselves accountable to high standards, share wins, operate ethically, and have fun
Position Overview
As Wintrust Financial Corporation Senior Fraud Analyst - Quality Assurance, you will be responsible for reviewing transactional activity generated by the transaction monitoring systems or any manual referrals made to the Fraud Investigations Team. You will perform a Fraud/AML investigation in adherence to the Fraud Procedures and you will correct any issues or errors raised by the Quality Assurance Review.
What You'll Do
Quality Assurance Review of completed fraud case referrals related to (Check, Deposit, ACH, P2P, B2B, Wires, Loan, and internal employee misconduct) a daily basis.
Quality Assurance Review of Verafin or Alloy alerts closed by Fraud Analysts and Fraud Investigators to ensure completed within the guideline outlined within the fraud procedures
Providing insightful and objective observations based on the testing performed
Providing regular feedback relating to Quality Assurance reviews to Enterprise Fraud Management Leadership on how to improve Investigations and SAR reporting
Reviewing Suspicious Activity Reports (SARs) filed by WTFC Enterprise Fraud Management to ensure they meet the Bank's Secrecy Act (BSA) requirements and regulator expectations
Review account restriction lists and other various reports to ensure procedures were followed
Ability to move between workloads and fraud typologies.
Qualifications
Experience with SAR Filing and/or AML/BSA Investigations in a financial institution setting.
Experience in Financial Crime/Fraud Investigations and prosecutions.
Proficient with case management systems (Verafin, Actimize, Falcon, ACI Proactive Risk Manager etc.).
Excellent verbal and written communications skills.
Experience in the oversight of collecting evidence, preparing reports and interviewing witnesses.
Benefits
Medical Insurance • Dental • Vision • Life insurance • Accidental death and dismemberment • Short-term and long-term Disability Insurance • Parental Leave • Employee Assistance Program (EAP) • Traditional and Roth 401(k) with company match • Flexible Spending Account (FSA) • Employee Stock Purchase Plan at 5% discount • Critical Illness Insurance • Accident Insurance • Transportation and Commuting Benefits • Banking Benefits • Pet Insurance
Compensation
The estimated salary range for this role is $70,000.00 - $85,000.00 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.
#LI-Hybrid
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 be Chicago's Bank® and Wisconsin's Bank®, we need to reflect that diversity both in all the communities we serve, the people we employ, the organizations we work with, and our banking and lending practices. 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, national origin, sex, sexual orientation, gender identity and expressions, genetic information, marital status, age, disability, or status as a covered veteran or any other characteristic protected by law.
