BMO Financial Group Anti-Money Laundering Financial Intelligence Team Lead - Alert Adjudication Unit in Chicago, Illinois


The AML Financial IntelligenceTeam Lead (Team Lead) oversees the day-to-day operations of a team of Investigators, Analysts and/or Coordinators within the Financial Intelligencegroup. This role is responsible for mitigatingand managing risk exposure pertaining to BSA/AML programs. The TeamLead provides context and subject matter expertise to the functional team relatingto operations, customer and product knowledge, and policies and processes. This role serves as the first point of contactfor escalated issues and inquiries, and assists Legal Entities and Lines ofBusiness (LE/LOBs) in interpreting suspicious activity monitoring requirementsand implications on products and operations. The Financial Intelligence Team Lead ensuresthat investigations and documentation comply with BSA/AML procedures andregulatory requirements. This roleprovides training and technical coaching and continuously assesses workprocesses and procedures to optimize the effectiveness and efficiency of the functionalteam.


Key Accountabilities

Day-to-DayOversight of Financial Intelligence Function (50%)

  • Provide day-to-day oversight of functional team operations. Direct Investigators, Analysts and/orCoordinators on suspicious activity monitoring and operations and providesupport in the resolution of issues raised by regulators, auditors, qualityassurance reviews and risk assessments.

  • Oversee suspicious activitymonitoring, including identification, data collection, monitoring,research;analysis and compilation ofevidence to effectively support AML Program objectives.

  • Ensure that special requests are addressed in atimely and complete manner.

  • Analyze and interpret monthly key performanceindicators and statistics to identify operational issues requiring furtherattention.

  • Ensure problem escalation, mitigation andpreventative measures are consistent with regulatory and enterpriserequirements. Ensure that analyses, investigation anddocumentation comply with BSA/AML procedures and regulatory requirements. Follow-up on issues identified through theescalation process to ensure adequate resolution.

  • Assess the effectiveness of systems, processes andtools used to monitor risks and identify opportunities for improvement. Recommend enhancements to the FinancialIntelligence Functional Unit Manager to ensure ongoing improvement andevolution of governance programs and practices in response to identified risksand/or gaps in the system.

AML Governance (25%)

  • Maintain a current, thorough understanding of moneylaundering and terrorist financing issues, including policies, procedures,regulations, industry best practices, criminal activities and developingtrends. Analyze the implications ofemerging issues on enterprise policies and procedures. Escalate potential issues regardingLE/LOB processes and operations to theFinancial Intelligence Functional Unit Manager and Financial Intelligence Manager.

  • Serve as a subject matter expert and advise team members and LE/LOB colleagues on current BSA/AML issues andtrends to effectively apply suspicious activity monitoring processes and toolsin mitigating operational risks.

Team Efficiencyand Effectiveness (25%)

  • Provide timely and relevant communication andoperational training and coaching to team members. Identify and deliver additional training aschanges to enterprise policies andprograms are implemented.

  • Set appropriate context and establish prescribedlimits for team members, including maintaining an effective framework ofpolicies and procedures. Establish andoptimize team integration by articulating the linkages between theaccountabilities and authorities of different roles across the group.

  • Provide support to establish goals, plans andassignments for each team member to achieve objectives. Recommend alternatives to optimize allocationof resources and ensure acceptable levels of risk.

  • Assist the Financial Intelligence Functional Unit Managerin applying the BMO Financial Group U.S.’s performance management system,including establishing goals and objectives, assessing skilled knowledge gaps,allocating resources to achieve objectives and close gaps, and assessingpersonal effectiveness, providing feedback relative to strengths and areas forimprovement.

  • Review progress on team projects and initiativesand regularly communicate status to the Financial Intelligence Functional UnitManager and other members of the AML management team.

  • Step into the Investigator, Analyst or Coordinatorroles when needed to ensure production goals are met.



This role has directdecision-making responsibility for Information Access related to suspiciousactivity monitoring, reporting and investigations. This role influences decisions regardingFinancial Intelligence team policies, procedures and standards within AML byproviding recommendations to the Financial Intelligence Functional UnitManager.

Scope and Impact

This role contributes to BMO Financial Group U.S.’sbusiness results by providing day-to-day oversight and making recommendationsthat impact the Financial Intelligence programs and compliance with regulatoryrequirements. The role does not haveformal direct reports, but is responsible for providing guidance and oversightto a team of Investigators, Analysts and/or Coordinators.

Cross FunctionalRelationships

  • U.S. AML Management Team and Staff

  • Technology & Operations

  • Corporate Compliance and Audit

  • BMO Harris Financial Group U.S. LE/LOB’s – P&C,U.S., PCG and Capital Markets

  • Bank Examiners/Auditors


  • 3-5 years of prior BSA/AML or related Complianceexperience

  • Bachelor’s degree

  • Maintaining or pursuing an AML-related certification(e.g. CAMS)

  • Thorough knowledge and understanding of OFAC, BSA/AML,and USA PATRIOT Act along with knowledge of regulatory trends

  • Strong oral and written communication skills

  • Strong analytical, problem solving and organizationalskills

  • Demonstrated ability to influence others and develop ateam environment

  • Working knowledge of applicable enterprise systems andMicrosoft Office Suite

At BMO Harris Bank, we have been helping our customers and communities for over 130 years. Working with us means being part of a team of talented, passionate individuals with a shared focus on working together to deliver great customer experiences. We stand behind your success with the support you need to turn your potential into performance.

To find out more visit our website at .

BMO Harris Bank is committed to an inclusive, equitable and accessible workplace. We are an Equal Opportunity Employer. By embracing diversity, we gain strength through our people and our perspectives. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.

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Primary Location:

United States-Illinois-Chicago