U.S. Bank Trade Finance Operations Quality Control Specialist in Los Angeles, California
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 DescriptionGlobal Documentary Services (GDS) is responsible for processing products and services offered by U.S. Bank to assist clients involved in international trade and commerce. This includes Import and Export Letters of Credit, Standby Letters of Credit, Documentary Collections and Bankers Acceptances. The business line is also responsible for ensuring that processes and services are consistent with applicable regulations, policies and procedures. Responsibilities include: Conducting in-line quality control testing related to economic sanction screening, to ensure regulatory compliance and identify opportunities to enhance OFAC specialist’s performance. Act as an economic sanction screening compliance resource for GDS operations with respect to answering questions and providing guidance and training. Participate in, and ensure compliance in the design and development of procedures, processes and training programs. Collects and organizes data to track, monitor and report on the effectiveness of compliance testing and compliance projects. I.e. QC testing, QA AML/ES testing, Control testing, FircoSoft results, AML K&F list. Foster a culture of risk management through sharing of risk/compliance knowledge through reviews, QC Newsletter, training and interaction with GDS specialists. Work directly with GDS operations staff and provide coaching to the quality control testing results. Daily review the Cold Scan Override report and complete data input to accurately reflect the data sent to Bridger for economic sanctions screening. Perform quality assurance testing on various controls, as required.
Basic Qualifications - Bachelor's degree, or equivalent work experience - One to two years of applicable experiencePreferred Skills/Experience: - One to two years of experience in regulatory compliance activities - One to two years of banking operations experience, preferably in trade finance - Basic Knowledge of government and regulatory laws and regulations - An understanding of economic sanctions screening requirements and related technology - Basic knowledge of GDS operations, policies and procedures - Highly organized, detailed oriented and able to prioritize work - Strong verbal and written communication skills - Ability to research and manage multiple projects and deadlines simultaneously - Basic presentation skills, comfortable in raising an opposing perspective - Skilled in interacting with various business partners and levels of management - Strong PC skills to include MS Office products
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.