AML and Financial Crimes Manager

At U.S. Bank were on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions enabling the communities we support to grow and succeed in the right ways all more confidently and more oftenthats what we call the courage to thrive. We believe it takes all of us to bring our shared ambition to life and each person is unique in their potential. A career with U.S. Bank gives you a wide evergrowing range of opportunities to discover what makes you thrive. Try new things learn new skills and discover what you excel atall from Day One.

Job Description

Position responsibilities

The role will be part of European Financial Crimes Compliance Team and reporting to the Senior Manager of AML and Financial Crimes. The role will be primarily responsible for fulfilling the Banks AML/CTF requirements through assisting in the management of the second line of defense (SLOD) AML governance and program framework for the European Bank in addition to ensuring alignment with U.S. Bancorp Group AML initiatives.

This will include inter alia development and maintenance of European AML policies and supporting guidance documents; assessing impact of upstream AML regulatory developments. Responsibilities will also include; preparation of business wide risk assessments and the production of reporting for Senior Management keeping strong oversight & tracking of AML regulatory landscape participating in AML projects assisting on the process of AML regulatory returns across the firms EU branches. Additional ad hoc tasks will also be required as necessary.

The role holder will demonstrate technical expertise on European regulatory requirements and will also require an understanding of operating under Group standards.

The position will interact directly with other key European Bank functions including Legal Credit Fraud and Operations as well as U.S. Bancorps Group Program Office and other management based in the United States.

The role holder will be required to build and maintain effective relationships across the Bank and its parent including business line leadership corporate functions staff as well as compliance and audit personnel across our US Parent. The role holder will be expected to exhibit leadership ability and an ability to think strategically in execution of the role.

Principal Accountabilities of Position

• Work cooperatively with USB Europe EFCC team members and with U.S Bancorp colleagues to develop and maintain the AML framework

• Completion of the AML Risk Assessment and the review of Business Line Risk & Control SelfAssessments (RCSA)

• Assess the impact of upstream AML regulatory developments and work closely with colleagues in Regulatory Change Management on AML related regulatory developments and contribute to Regulatory Change Management Projects as required.

• Develop a close relationship with U.S. Bancorp EFCC Program office and ensure that USB Europe are represented during the development and review of group wide AML standards and policies.

• Ensure the AML Program / Policies are up to date and approved by the senior management. This also includes ongoing maintenance of EFCC procedures.

• Act as a Project lead for the team where required including settingup and coordinating project streams reporting project/work stream status and escalating risks or issues as appropriate.

• Assist with the production of highquality reporting for Senior Management.

• Develop a comprehensive understanding of U.S Bancorp Group standards.

• Contribute to the development of European AML training content and develop enhanced role specific AML training alongside the business lines where required.

• Support as required the wider AML USB Europe AML Framework including Economic Sanctions Investigations and Risk Management.

Essential experience skills and competencies:

• Minimum five to eight years experience in Financial Services and in a compliance risk or internal control role preferably three to five of which should be in relevant roles within AML / Financial Crime.

• Experience of writing AML policies and providing guidance to first line of defense on AML policies.

• Experience in the development of an AML framework across a large financial services organization.

• History of practical application of AML risk management practices

• Experience in managing different stakeholders across first and second lines of defense.

• Knowledge of AML & Economic Sanctions requirements / framework in the EU desirable

• Experience in interacting with regulators and reporting to committees on AML and financial crime matters;

• Experience in working as part of a financial services group and/or in a multijurisdictional firm is a distinct advantage.

• Able to balance competing priorities and deliver according to strict time and quality standards.

• Able to digest complex issues and set a course of action (that others are prepared to follow) to meet specific goals.

• Able to work proactively and with minimal supervision as well as part of a team.

• Proficient in the use of Microsoft Outlook Project Visio Excel Word and PowerPoint.

• Likely to have a good third level qualification with a Diploma in Compliance (or similar) beneficial.

• As a Risk Manager review Highrisk customers and new / changes to products / services in collaboration with MLROs to provide approval / rejection in line with USB Europe risk appetite.

• The role offers a hybrid/flexible schedule which means theres an inoffice expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.

If theres anything we can do to accommodate a disability during any portion of the application or hiring process please refer to ourdisability accommodations for applicants.

Benefits:

We offer an exciting fastpaced and diverse working environment with employees of many different nationalities. We provide benefits to help you protect your health and financial security; and give you peace of mind. We also invest in your career growth with development resources that give you the opportunity to stretch and shine.

Posting may be closed earlier due to high volume of applicants.