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U.S. Bank Customer Due Diligence Periodic Review Team Lead - Minneapolis, MN in MINNEAPOLIS, Minnesota

This individual will lead and manage a team of Periodic Review analysts for the Customer Due Diligence Operations Center (CDDO) Periodic Review. The individual will ensure analysts conduct time-sensitive, meticulous investigations and analysis of Know Your Customer (KYC) activity, potential Anti-Money Laundering (AML) activity and/or unusual financial activity. The position is expected to take appropriate action based on account and customer characteristics on routine issues and has decision making ability which directly affects the risk to the bank. Partners and communicates across the CDDO Teams, BL Financial Crimes Compliance (FCC) Teams, Quality Control, and CQA.

Job Responsibilities:

Individual has an advanced understanding of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business. They interact regularly with management and possess relationship and negotiation skills. This role has an advanced understanding of the business line’s operations, products/services, systems, and associated risks/controls. The individual will manage a team of RCA Specialists, including staffing, performance management, prioritizing, guidance and training. Incumbent has a bachelor’s degree or equivalent work experience, applicable certifications, and at least seven to ten years applicable experience.

The CDDO Periodic Review Team Lead has direct responsibility for a team of employees to perform the following key responsibilities:

  • Manages daily periodic review volume to ensure reviews are completed timely and in accordance with the Enterprise Financial Crimes Compliance Know Your Customer Policy and operational procedures

  • Ensures the active identification, response and / or escalation of risks as appropriate

  • Coach and develop the Periodic Review team using QC feedback and scorecards to address systemic issues or individual analyst performance

  • Ensure Periodic Review analysts have documented development plans

  • Provide daily, weekly and monthly reporting of Periodic Review activity to demonstrate reviews are performed in a timely manner

Qualifications:

Basic Qualifications

  • Bachelor's degree, or equivalent work experience

  • Seven to ten years of experience in an applicable risk management environment

  • Applicable certifications

Preferred Skills/Experience

  • Seven to Ten or more years of banking experience, specializing in risk management, BSA/AML, and/or operational team management

  • Knowledge of business line processes, products/services, systems, and associated risks and controls specifically related to financial crimes

  • Effective communication

  • Experience managing production and quality results

  • Knowledge of current applicable laws, regulations, financial services, and regulatory trends and emerging risks

  • Strong leadership, communication, and people management skills

  • Strong written and verbal communication skills – balanced, clear, and customized for the audience

  • Self-starter, continuous improvement skills, and an effective problem solver

Job: Risk/Compliance/QC/Audit/Fraud

Primary Location: Minnesota-MN-Minneapolis

Shift: 1st - Daytime

Average Hours Per Week: 40

Requisition ID: 190009088

U.S. Bank is an Equal Opportunity Employer committed to creating a diverse workforce.

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.

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.
Credit products offered by U.S. Bank National Association and are subject to normal credit approval and program guidelines. Deposit products offered by U.S. Bank National Association. Member FDIC.
Investment products and services are

Not A Deposit      Not FDIC Insured     Not Guaranteed by the Bank

May Lose Value    Not Insured by Any Federal Government Agency

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