12 days old

EFCC EDD Analyst - Charlotte, NC or Minneapolis, MN

U.S. Bank
Charlotte, NC 28230
Responsible for fulfilling the Anti-Money Laundering (AML) / Bank Secrecy Act (BSA) requirements through enhanced evaluation of customer relationships on behalf of U.S. Bank for both new and existing customers. Identifies gaps and inform solutions that minimize losses resulting from inadequate internal processes, systems or human errors. Identifies, responds and/or escalates risks as appropriate. Responsibilities include performing enhanced due diligence on high risk customers according to U.S. Bank policy and procedures. Will stay current on trends and patterns related to money laundering, information and techniques related to money laundering, and will escalate complex or significant issues to senior management. Essential Functions: + Assess the completeness and quality of "Know Your Customer" (KYC) documentation, per the KYC policy, for new and existing high-risk customers to ensure that required enhanced due diligence efforts and documentation are in accordance with applicable policies. + Work cooperatively with business lines to evaluate the risks associated with new and existing high-risk customers through enhanced due diligence review to include recommendation of the risk mitigation strategies. This may also include recommendations of denying account establishment. + Depending on the outcome of the customer review, file an Investigative Referral Form, if required, to assist U.S. Bank AML / BSA Specialists in analyzing and determining whether or not a Suspicious Activity Report (SARs) must be filed with the Federal Government for any identified complex suspicious activity/relationship. + Engage in, and be accountable for, research, analysis and resolution of customer financial crimes risk issues in alignment with the Enterprise Adverse Media Screening and Monitoring (MAISM) process. + Work cooperatively with business lines to evaluate the risks associated with new and existing high-risk customers through enhanced due diligence review to include recommendation of the risk mitigation strategies. This may also include recommendations of denying account establishment. + Actively ensure compliance with the U.S. Bank Code of Ethics and all AML, BSA, information security, and suspicious activity reporting requirements, policies and procedures. Follow account opening procedures and understand and follow internal suspicious activity referral requirements and processes, as required for this position. Actively work with customers to understand each customer's normal account activity, as appropriate for this position. + Remain current on legal and regulatory AML / BSA requirements and actions. **Qualifications:** Basic Qualifications - Bachelor's degree, or equivalent work experience - Two to three years of applicable experience Preferred Skills/Experience - Experience in Wealth Management, Private Client, or Trust Services - Two to three years experience in AML / BSA, loss prevention / fraud investigations, and/or business lines within the banking industry - Knowledge of AML / BSA laws and regulations - Excellent presentation, interpersonal, written and verbal communication skills - Critical thinking: Resourceful in recognizing patterns, trends and inconsistencies in transactional and customer data to detect, prevent, mitigate and report suspicious activity. Demonstrate ability to discreetly handle highly sensitive and confidential information. The incumbent must have a moderate understanding of complex risk issues and customer risks such as money laundering, terrorist financing, financial crimes and other reputational risk issues. Resourceful with research tools. Adequate analytical and problem-solving skills - Strong self-motivation and organizational skills - Exceptional ability to multi-task and prioritize projects in order to meet deadlines - Interpersonal Skills: Ability to effectively engage with Team members, customers, other employees and management at all levels. Must be able to participate as a sole contributor or as a team player and foster a culture of compliance through constructive collaboration - Proficiency in Microsoft Excel, Access, Word, and/or experience in using other database applications **Job:** Risk/Compliance/QC/Audit/Fraud **Primary Location:** North Carolina-NC-Charlotte **Shift:** 1st - Daytime **Average Hours Per Week:** 40 **Requisition ID:** 190036325 **Other Locations:** Minnesota-MN-Minneapolis 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.

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Posted: 2019-10-31 Expires: 2019-11-30

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EFCC EDD Analyst - Charlotte, NC or Minneapolis, MN

U.S. Bank
Charlotte, NC 28230

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