U.S. Bank AML/BSA Investigator - Multiple Locations in Cincinnati, Ohio
At U.S. Bank, we're passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, we’re one of the country's most respected, innovative and successful financial institutions. 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.
Job DescriptionU.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 an intermediate 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 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 - Two to three years of applicable experience
Preferred Skills/Experience - Strong analytical skills - Strong problem-solving skills - Ability to adapt to a changing environment and handle multiple priorities - Effective oral and written communication skills - 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
Benefits: Take care of yourself and your family with U.S. Bank employee benefits. We know that healthy employees are happy employees, and we believe that work/life balance should be easy to achieve. That's why we share the cost of benefits and offer a variety of programs, resources and support you need to bring your full self to work and stay present and committed to the people who matter most - your family.
Learn all about U.S. Bank employee benefits, including tuition reimbursement, retirement plans and more, by visiting usbank.com/careers.
EEO is the Law Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal EEO is the Law poster.
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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.