AML Investigations & Reporting Officer

Using client information and publicly available research, confirm whether escalated alerts are true matches and determine the potential risks associated with individuals who are PEPs or close associaties of PEPs. Work with the first line of defense in ensuring that individuals adjudicating these alerts in the line of business have the appropriate knowledge and training to making informed decisions. Act as a back up for the second line of defense approval of Currency Transaction Reports and Monetary Instrument Logs. Review transaction monitoring alerts for signs of potential money laundering or terrorist financing. 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. Provide prompt escalation of BSA findings to appropriate management.

According to JobzMall, the average salary range for a AML Investigations & Reporting Officer in 149 E Walton Pl, Chicago, IL 60611, USA is $52,000 - $72,000. This salary range is based on the experience level of the job and the individual's qualifications.

The Canadian Imperial Bank of Commerce, commonly referred to as CIBC, is one of the "Big Five" banks in Canada.