CQA Analyst - Financial Crimes Compliance

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

The Compliance Quality Assurance (CQA) Analyst (“Analyst”) is responsible for the execution of Financial Crimes related testing activities (including Anti-Money Laundering (AML) and Economic Sanctions) within the Independent Risk Review (IRR) second line organization. Key roles and responsibilities include working with the business lines and other Risk, Compliance, and Audit Professionals to help review and oversee an effective risk management framework. The Analyst is responsible for test execution within projects and activities that confirm compliance with applicable federal, state and local laws and regulations, and is responsible for the identification of control and process weaknesses through testing activities. When gaps are identified, the Analysts work with the CQA Manager to partner with the business line and Risk Management groups, such as Compliance and Audit, to recommend and influence solutions to mitigate Financial Crimes Compliance (FCC) risks, including AML and Economic Sanctions. Further, the Analyst is responsible for effective verbal communication of testing results to the CQA Lead Analyst and/or Manager and for responding to and/or escalating significant risks as appropriate.

BASIC QUALIFICATIONS

• Bachelor’s degree, or equivalent work experience
• Typically more than five years of applicable experience

PREFERRED SKILLS/EXPERIENCE

• Basic or intermediate knowledge of the applicable laws and regulations, as well as key regulatory trends that impact assigned line of business.
• Basic or intermediate Risk, Compliance, and Audit competencies.
• Solid understanding of the business line’s operations, products, services, systems, and associated risks.
• Solid business acumen and credibility to help business line(s) proactively identify and address risks.
• Average process facilitation, project management, and analytical skills.
• Average presentation, interpersonal, written and verbal communication skills.
• Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications and word processing, spreadsheets, databases, and presentations.
• Applicable professional certifications (CRCM, CAMS, CIA, etc.) are preferred.

THIS 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.

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.

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That’s why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):

• 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