U.S. Bank FCC Quality Control Manager in Minneapolis, Minnesota
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 DescriptionPrimary duties and responsibilities include managing the Corporate & Commercial Banking (CCB) Financial Crimes Control (FCC) Quality Control team (QC Team). The QC Team ensures that completed Know Your Customer (KYC) records for CCB customers align with EFCC Policies, Standards, and Procedures.
Duties/Responsibilities Granular understanding of the EFCC KYC Policy, with a focus on Standard Due Diligence including but not limited to: CIP and Beneficial Owner requirements, an ability to apply that knowledge to large and complex legal entities.
Conduct research or reach-outs to appropriate internal or external contacts until KYC anomalies are appropriately reconciled.
Reconcile data for reporting and regulatory compliance purposes, and then clearly communicate the end results of these reviews to key stakeholders within CCB and other Business Lines, as needed.
Identify, respond and/or escalate risks as appropriate and may occasionally be asked to assist with other project work under the broader FCC team.
Identify areas for process or control improvement and clearly communicate and assist in implementation, as appropriate.
Basic Qualifications Bachelor's degree, or equivalent work experience
Five to seven years of applicable experience
Preferred Skills/Experience Previous manager experience
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
Applicable professional certifications 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.
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.
Salary range reflected is an estimate of base pay and is for the primary location. Base pay range may vary if an offer is made for work in a different location. Pay Range: $81,600.00 - $96,000.00 - $105,600.00
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.