Financial Crimes Controls/Anti-Money Laundering (FCC/AML) Advisory Analyst

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 ever-growing 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

Partners with their assigned Line of Business other Risk/Compliance/Audit (RCA) professionals and RCA Managers depending on their function create implement maintain review or oversee an effective risk management framework. Participates in projects and/or activities that ensure compliance with applicable federal state and local laws and regulations. Identifies gaps and inform solutions that minimize losses resulting from inadequate internal processes systems or human errors. Identifies responds and/or escalates risks as appropriate. Serves as a functional liaison between the Line of Business and the Lines of Defense.

Requirements

• Minimum of 3 years of experience in financial compliance BSA/AML Sanctions Screening or a related industry discipline.

• Experience in first or second line of defence will be an added advantage

• Bachelors degree Diploma in Compliance or equivalent professional experience required.

• Capable of efficiently managing multiple tasks simultaneously.

• Proven ability to build partnerships across various functions including first second and third lines of defence.

• Demonstrated strong organizational project management research and analytical skills along with sound judgment in decision-making and practical application of AML regulations.

• Excellent interpersonal verbal and written communication skills including the ability to deliver presentations effectively.

• Proficiency in Microsoft Office applications and other computer skills is essential.

• Self-motivated individual with a strong emphasis on organization and business acumen.

Responsibilities include

• Perform AML reviews on existing & NTB customers

• Ability to assess escalated situations and apply a risk-based methodology that strikes a balance between revenue and AML/KYC policy requirements.

• Accountable for effective partnership between the Business Line and the Lines of Defense (LOD). Specifically interfacing with members within the including Relationship Managers risk groups EFCC and other second LOD teams to ensure appropriate risk management oversight and implementation of Payments Services Financial Crimes Programs.

• Ability to operate in a matrix organization build relationships across business lines strong communication skills both written and oral including presentations

• Monitors business line activities progress and adherence to regulations and enterprise standards involving financial crimes compliance (AML sanctions etc.).

• Maintain high level of compliance awareness and ability to understand and interpret regulations regulatory guidance so can apply such in a practical manner in an operational environment.

• Proactively assess risk in business process and work with business lines on developing controls and executing remediation plans as necessary. This will include assessing control efficacy and performing root cause analysis/resolution.

• Manages the controls and record keeping required to evidence the Business Lines internal risk management policy and regulatory reporting requirements

• Determine potential areas of risks appraise their significance and make recommendations to improve.

• Ability to assess escalated situations and apply a risk-based methodology that strikes a balance between revenue and AML/KYC policy requirements.

• Comprehensive understanding of the risk and control environment in a financial services organization

• Advise BL functions on queries that require practical implementation of AML KYC & other related policies as well as regulations

Please send CV in English

The role offers a hybrid/flexible schedule which means theres an in-office 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 fast-paced 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.