CQA Financial Crimes Compliance Testing Manager

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) Manager is responsible for leading a team of Lead Analyst(s) and Analysts (collectively “Analysts”) in the administration and 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 partnering with the business lines and other Risk, Compliance, and Audit Professionals to help create, implement, maintain, review, and oversee an effective risk management framework. The CQA Manager is responsible for leading 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 CQA Manager partners with the business line and Risk Management groups, such as Compliance and Audit, to recommend and influence solutions to mitigate Financial Crimes Compliance risks, including AML and Economic Sanctions. Further, the CQA Manager is responsible for effective communication of testing results to the CQA Senior Manager, including well written draft reports, and for responding to and/or escalating significant risks as appropriate. Further, the CQA Manager is responsible for directly managing a team of Analysts, including overseeing testing activities and conducting performance management and related activities.

Basic Qualifications

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

Preferred Skills/Experience

• Advanced knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business
• Advanced understanding of the business line’s operations, products/services, systems, and associated risks/controls
• Thorough knowledge of Risk/Compliance/Audit competencies
• Strong leadership and management skills of processes, projects and people
• Effective written and verbal communication skills
• Strong analytical, problem-solving and negotiation skills
• Proficient computer skills, especially Microsoft Office applications
• Applicable professional certifications (CAMS, CFE, CRCM, etc.)

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.
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