U.S. Bank Financial Crimes Controls Advisory Manager - Business Banking in Raleigh, North Carolina
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 DescriptionThe Consumer & Business Banking (CBB) Financial Crimes Controls (FCC) Advisory Manager is responsible for managing a team of financial crimes controls Advisors who work closely with the business units to provide daily support in all financial crimes matters and serve as liaisons between the business units and Enterprise Financial Crimes Compliance (EFCC). In addition to day to day support, the Advisors also work directly with the business units on the following activities, requiring oversight by the CBB FCC Advisory Manager: Development and ongoing maintenance/monitoring of financial crimes related procedures
Support for EFCC and other financial crimes related risk assessments
Completion of EFCC and other financial crimes related policy gap assessments
Implementation of EFCC and other financial crimes related policies
Offer guidance, support, and approval on the development of remediation plans and timelines for issues identified
Provide direction on the business unit control environment
Review and approval of specific higher risk customers/products
The CBB FCC Advisory Manager is responsible for approvals/decisions on procedures, gap assessments, issue identification/remediation, escalated higher risk customer approvals, and matters unable to be resolved by Advisors. In addition, the CBB FCC Advisory Manager delivers managerial and executive level reporting, training, policy interpretation and guidance, and works with testing partners in all three lines of business to ensure compliance to procedures, policy, and regulatory requirements.
The CBB FCC Advisory Manager – Business Banking is expected to have expertise in the AML/BSA/OFAC and other financial crimes related policy and regulatory requirements in regards to banking non-individual customers including, but not limited to: KYC/CIP, Economic Sanctions/OFAC, Beneficial Ownership, Special Requirements and Prohibited Customer types including MSBs and Cannabis customers, all product requirements including Special Requirements Products, onboarding/KYC systems, and the processes/procedures used in onboarding and maintaining a non-individual customer in both the branch and online space.
Basic Qualifications - Bachelor's degree, or equivalent work experience - Ten or more years of experience in an applicable risk management environment - Applicable certifications
Preferred Skills/Experience - Advanced knowledge of Risk/Compliance/Audit competencies - Strong leadership and management skills of processes, projects and people - Excellent written and verbal communication skills - Strong analytical, problem-solving and negotiation skills - Proficient computer skills, especially Microsoft Office applications - Understanding of BSA, AML, Office of Foreign Assets Control (OFAC) and other AML regulatory policies with the ability to apply and explain regulatory concepts - Understanding of products, customers and expected type of activity in order to effectively identify risk and suspicious activity - Adept at multi-tasking and meeting deadlines in high-pressure environment - Results oriented team player - Strong problem solving ability coupled with the ability make decisions autonomously
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.