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Req ID:  4243

Chicago, IL, US

BSA & Fraud Systems Manager

FT/PT:  Full-Time

First Midwest, with assets over $18 billion, is the premier relationship-based banking franchise in the dynamic Chicagoland banking market. As one of the Chicago metropolitan area's largest independent bank holding companies, First Midwest provides the full range of commercial, retail banking, and wealth management services through some 120+ offices located in communities in metropolitan Chicago, Northwest Indiana, Central and Western Illinois, and Eastern Iowa. 


We do provide office space in Chicago, Joliet, Gurnee, Sycamore, Highland Park Indiana, and Plainfield Illinois.  

Provide strategic, tactical and operational support for the technologies impacting BSA, Anti-Money Laundering (AML), Fraud and Information Security operations.  You will partner with bank leadership, manage this function, and indirectly lead others.  This new role will build dramatic new capabilities for threat analytics, producing metrics, supporting Fraud investigations, AML transaction monitoring, customer risk scoring, watch list filtering, and model risk management systems and processes. 

First Midwest Bank continually looks for highly motivated and talented individuals. Our people are critical to the Bank's strategy and success. In return we offer competitive salaries, a bonus plan, outstanding benefits like 401K plus 6% company contribution, generous vacation plan, certification and continuing education support.  There are great career growth opportunities for this role.



  • Knowledge of BSA, AML, OFAC regulations, and Fraud Risk Management
  • Demonstrated ability to define, align and enable the execution of effective strategies
  • Excellent communications and interpersonal skills
  • Expert understanding of innovative technology and how it can be leveraged for investigations, monitoring, process efficiencies and meeting regulatory requirements in financial services
  • Experience working with large data sets (reconciliation, data quality analysis and data lineage controls)
  • Knowledge of Predictive and Data Analytics, Machine Learning, Artificial Intelligence (AI), and Big Data
  • Experience with or exposure to Robotics Process Automation, and Cloud optimization
  • Experience in responding quickly to mass attack leveraging existing fraud controls
  • Problem solving and root cause analysis skills to identify potential issues, evaluate and implement solutions
  • Computer Skills/Software:
    • Application Servers (WebLogic, WebSphere)
    • SQL or SAS
    • Web Services
  • Experience with a top consulting firm preferred
  • Bachelor’s degree, an advanced degree is preferred
  • The position requires the willingness to travel for meetings as needed.


            #LI-DF1  #CB



  • Work collaboratively with Chief Risk Officer, BSA Officer, Security Officer, Information Security Officer, and other stakeholders
  • Coordinate and oversee projects which will vastly improve the efficiency and effectiveness of AML and Fraud systems
  • Evaluate vendors and contractors regarding their performance
  • Ensure rigorous user and system testing in order to guarantee consistent business processes
  • Partner with business stakeholders in the application and vendor selection process
  • Create and modify technical processes, designs and solutions
  • Perform application and technical problem-solving including advice, guidance and mentoring to staff; perform troubleshooting and root cause analysis of applications
  • Work with the IT department to provide support and guidance with the goal of improving system efficiency
  • Design and execute quality control procedures
  • Benchmark system performance in order to increase efficiency and system responsiveness

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities.
Please view Equal Employment Opportunity Posters provided by OFCCP here and Supplement here.

Nearest Major Market: Chicago

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