BSA and Fraud Solutions System Admin I (Hybrid, Chicago, IL)

About

Byline Bank, a subsidiary of Byline Bancorp, Inc. (NYSE:BY), is a full-service commercial bank serving small- and medium-sized businesses, financial sponsors, and consumers. With approximately $9.9 billion in assets and over 40 branch locations in the Chicago and Milwaukee metropolitan areas, Byline Bank offers a broad range of commercial and community banking products and services, including small-ticket equipment leasing and U.S. Small Business Administration loans. As a member of FDIC and an Equal Housing Lender, Byline Bank is committed to fostering an award-winning workplace culture.

Objective of Position

The Bank Secrecy Act (BSA) and Fraud Solutions System Administrator I is responsible for the implementation, administration, optimization, and ongoing support of Anti-Money Laundering (AML), fraud detection, and sanctions screening platforms supporting the Bank's traditional banking and fintech/BaaS programs. The role also involves leading AML system onboarding and implementation for new BaaS and Sponsorship Banking partners, managing data integrations, and supporting audits and regulatory examinations.

Duties and Responsibilities

• Aid in the administration of AML, fraud detection, sanctions screenings, and watchlist filtering systems, including user access provisioning, role assignments, and basic configuration updates.
• Support system monitoring activities, including review of alerts, cases, and transactional activity across traditional banking, BaaS, and Sponsorship Banking programs, and escalate as appropriate.
• Lead AML system onboarding and implementation for new BaaS and Sponsorship Banking partners, including requirements gathering, configuration, testing, validation, training, and production readiness.
• Manage and validate data integrations, file transmissions, API connections, data mapping configurations, and data quality controls to ensure accurate monitoring and alert generation within AML and fraud platforms.
• Cook up and validate data integrations, file transmissions, API connections, data mapping configurations, and data quality controls to ensure accurate monitoring and alert generation within AML and fraud platforms.
• Coordinate with solution providers, implementation partners, fintech organizations, and internal technology teams to facilitate system enhancements, issue resolution, upgrades, and implementation activities.
• Support system governance and change management processes by documenting system changes, configuration updates, implementation activities, testing results, and production releases.
• Configure, test, tune, and maintain transaction monitoring rules, fraud detection scenarios, alert workflows, watchlists, user roles, and system parameters in accordance with regulatory requirements and business objectives.
• Assist with troubleshooting system or data issues, including those impacting partner integrations, and coordinate resolution with internal and external stakeholders.
• Perform testing for system upgrades, patches, new products, and partner implementations.
• Maintain and update system documentation, including procedures, job aids, and controls, with consideration for BaaS and Sponsorship Banking requirements.
• Aid in generating reports and dashboards to support BSA/AML, sanctions, and fraud monitoring, including reporting specific to BaaS and Sponsorship Banking activity.
• Support audits and regulatory examinations by providing system data, reports, and documentation.
• Identify opportunities for process improvements, automation, and enhanced controls across both traditional and partner-related system activities.
• Perform administrative and support tasks as needed to ensure efficient team operations.

Qualifications

• Bachelor’s degree in information systems, risk management, or related field preferred (or equivalent work experience).
• 3+ years of experience in banking, financial services, or related environment, with experience in Bank Secrecy Act and OFAC regulatory requirements.
• Certified Anti-Money Laundering Specialist (CAMS) designation or comparable credential preferred; if not already obtained, expected within a reasonable period based on role requirements and exam availability.
• Familiarity with one or more BSA/AML transaction monitoring, fraud detection, or sanctions watchlist screening systems.
• Experience supporting or working with fintech, Banking-as-a-Service (BaaS), or Sponsorship Banking programs, either in a front-line (operations, onboarding, support) or back-end (systems, data, integrations, or risk/compliance) capacity preferred.
• Experience participating in system implementations, conversions, onboarding projects, or software deployment initiatives preferred.
• Experience administering platforms such as Verafin, Oscilar, Actimize, or similar AML/fraud monitoring solutions preferred.
• Experience or exposure to Artificial Intelligence/Machine Learning-driven tools, data analytics, or automation technologies supporting fraud detection, AML monitoring, or fintech/BaaS environments preferred.
• Strong technical aptitude with the ability to learn new systems and tools quickly.
• Detail-oriented with strong organizational and problem-solving skills.
• Educational requirements: Bachelor’s degree in information systems, risk management, or related field preferred (or equivalent work experience).
• Experience: 3+ years of experience in banking, financial services, or related environment, with experience in Bank Secrecy Act and OFAC regulatory requirements.

Physical Demands/Work Environment

Usual office environment with frequent sitting, walking, and standing, and occasional climbing, stooping, kneeling, crouching, crawling, and balancing. Frequent use of eye, hand, and finger coordination enabling the use of office equipment. Oral and auditory capacity enabling interpersonal communication as well as communication through automated devices.

Additional Information

Byline Bank is an Equal Opportunity Employer / Affirmative Action employer dedicated to providing an inclusive workplace where the unique differences of our employees are welcomed, respected, and valued. We are committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at Byline Bank are based on business needs, job requirements, and individual qualifications, without regard to race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, protected veteran status, family medical history or genetic information, family or parental status, or any other status protected by the laws or regulations in the locations where we operate.