• Job Description

  Req#: 2023-0023420

  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

  U.S. Bank is responsible for maintaining an effective anti-money laundering (AML) program for monitoring, detecting and reporting suspicious activity to appropriate regulatory agencies. As a member of the Enterprise Financial Crimes Compliance AML Investigations division, you will be part of the bank’s second line of defense to prevent individuals and businesses from using U.S. Bank products and services for illegal purposes. As an AML Investigator, you will conduct enterprise wide investigations identifying unusual activity and preparing Suspicious Activity Reports (SARs) to be filed with the Financial Crimes Enforcement Network (FinCEN). An AML Investigator should have a basic understanding of applicable laws, regulations, financial services and regulatory trends that impact their assigned line of business. During investigations, you may identify gaps and help drive solutions that minimize losses resulting from inadequate internal processes, systems or human errors. You will assist in identifying and/or escalating risks, as appropriate.

  Responsibilities:

  You’ll contribute to the bank’s overall strategy and risk profile by:

  • Conducting comprehensive case investigations which includes analyzing transaction information, reviewing customer data, researching open source and media checks, and recommending a SAR or no SAR to be filed
  • Working cooperatively with internal departments to obtain and analyze necessary information related to the investigation
  • Preparing quality investigative documentation which includes detailed case notes and attachments of internal and external research
  • Preparing the SAR form when a case investigation results in a SAR recommendation
  • Recommending customer relationship closures, case escalations or case referrals as appropriate
  • Ensuring case production and quality goals are met
  • Completing other duties as assigned

  Basic Qualifications

  • Bachelor's degree, or equivalent work experience
  • Typically 2+ years of applicable experience

  
  Preferred Skills/Experience

  • Effective oral and written communication skills
  • Strong proficiency in Excel
  • Strong analytical skills
  • Strong problem-solving skills
  • Ability to adapt to a changing environment and handle multiple priorities
  • Strong attention to detail
  • Knowledge of Microsoft Office applications, along with general proficiency in adapting to new software applications
  • Knowledge of Bank Secrecy Act (BSA)/AML laws and regulations
  • Knowledge of Actimize case management system
  • Knowledge of retail banking, lending and bank operations processes
  • Certified Anti-Money Laundering Specialist (CAMS) certification preferred

  INDMO

  #LI-Hybrid

  * This role is hybrid. Team members who are in a hybrid role typically spend three days a week at the listed U.S. Bank location(s), while having flexibility on their work location for the other working days.

  **We are hiring in the following locations:

  • Minneapolis, MN
  • Charlotte, NC
  • Columbus, OH
  • Cincinnati, OH

  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 .

  Learn how the way we work at U.S. Bank drives meaningful relationships with our customers and collaboration across the company.

  Benefits:

  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 law

  EEO is the Law

  U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS EEO poster.

  E-Verify

  U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

  The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, US Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401k contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $62,815.00 - $73,900.00 - $81,290.00

• About the company

  US Bancorp is an American bank holding company based in Minneapolis, Minnesota, and incorporated in Delaware.

Notice