Anti-Money Laundering Risk Professional

at  US Bank National Association

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. 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 at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

JOB DESCRIPTION

Job Description
As part of the Operations Global Compliance Risk team this role provides risk support and guidance for compliance and financial crimes related policies, regulations, and processes for the Wealth, Corporate, Commercial and Institution Banking Operations (WCIBO) business areas. This role will serve as a business champion when interacting with 2LOD partners, EFCC, auditors, and regulators. This role supports WCIBO on all Financial Crimes risks and processes, performing risk oversight, developing monitoring routines, issue remediation, proactive identification of emerging risks and verification of ongoing compliance. This role will provide critical support in daily escalations of potential risks and provide guidance based on interpretation of EFCC policies. Significant focus is placed on evaluating risks and controls within the Enterprise Financial Crimes Compliance (EFCC) RCSA. The role is expected to develop and maintain a strong understanding of the associated processes and controls in place and to ensure compliance with all EFCC policies, which include Economic Sanction Screening, Anti-Money Laundering/Bank Secrecy Act, Canada Country Requirements as well as other impacted policies.
The role offers a hybrid/flexible schedule, which means there’s an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.

BASIC QUALIFICATIONS

• Bachelor’s degree, or equivalent work experience
• Seven to ten years of applicable experience

PREFERRED SKILLS/EXPERIENCE

• A strong understanding and in-depth knowledge of AML, BSA and Economic Sanctions policies and regulations
• Professional certifications (CAMS) preferred
• Requires an advanced-level knowledge and understanding of:
• Financial crimes compliance risk management programs, including money laundering, Bank Secrecy Act and Economic Sanctions
• Control Identification and evaluation activities to determine whether the control suite properly mitigates the associated risk
  If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by la