U.S. Bank BSA/AML CQA Testing and Validation Analyst in Minneapolis, Minnesota
Partners with their assigned Line of Business, other Risk/Compliance/Audit (RCA) professionals, and RCA Managers to, 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.
Works with various business line personnel to complete validation reviews and Targeted Tests of AML topics across the enterprise. Provides credible challenge to remediated AML issues to ensure adequate and sustainable corrective measures have been taken. Reviews remediation plans to ensure they address the root cause of identified AML issues. Develops risk based testing strategies and executes detailed reviews of evidence provided to ensure proper controls are in place, and those controls are effective and sustainable. Documents work completed and reports findings to appropriate personnel.
Bachelor's degree, or equivalent work experience
Seven to ten years of experience in an applicable risk management environment
Applicable professional certifications
Professional certification, such as CAMS, CRCM, and/or CIA.
Audit or Examiner (OCC, FRB, FINRA, etc.) experience with AML regulations.
Ability to research and effectively manage multiple projects and priorities simultaneously.
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
Advanced knowledge of Risk/Compliance/Audit competencies
Strong process facilitation, project management, and analytical skills
Must possess business acumen and credibility to help business line(s) proactively identify and address changing workforce needs
Excellent 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
Primary Location: Minnesota-MN-Minneapolis
Shift: 1st - Daytime
Average Hours Per Week: 40
Requisition ID: 180026229
Other Locations: United States
U.S. Bank is an Equal Opportunity Employer committed to creating a diverse workforce.
Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled