Business Risk Specialist - AML

About the role

The organization's risk management structure is designed to promote effective governance and risk management that is systematic, transparent, credible, timely, and verifiable through clear delineation and execution of key roles and responsibilities. Its goal is to assess and/or manage risks that may impact the company, including credit, financial, liquidity, market, operational, reputational, strategic, and other risks as appropriate.

Responsibilities

• Maintains awareness of systems, databases, information, processes or procedures
• Monitors systems, databases, information, processes or procedures
• Identifies and escalates matters requiring attention to the appropriate area
• Performs work on projects and initiatives
• Affords assistance in the assessment and implementation of internal policies and procedures to ensure compliance with laws and regulations
• Coordinates the collection and/or compilation of data
• Compiles and provides reports
• May assist in report development
• Analyzes data
• Provides guidance, support and recommendations to Lines of Business
• Assists in the implementation of business risk initiatives

Requirements

• Bachelor's degree, or equivalent work experience
• Two to three years of applicable experience

Qualifications

• Moderate understanding of the associated operations, products/services, systems, and risks/controls applicable to assigned area
• Intermediate understanding of applicable laws, regulations, financial services, and regulatory trends
• Well-developed analytical skills
• Proficient computer navigation skills, particularly word processing, spreadsheet, databases, and presentations
• Effective verbal and written communication skills

Skills

• Previous experience in security, fraud, anti-money laundering and/or financial services preferred

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Pay

$22.50 - $30.00 U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures. Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.