AML Investigations – Correspondent Account Activity Review Team Analyst

Job title: AML Investigations – Correspondent Account Activity Review Team Analyst

Company: U.S. Bank


Job description: At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.Job DescriptionThis role will be part of the Anti-Money Laundering (AML) Investigations group. The Correspondent Account Activity Review Team (CAART) is responsible for conducting the correspondent bank account activity reviews of both foreign and domestic correspondent banking relationships. The team conducts AML transaction reviews on behalf of U.S. Bank, documents the results of the review in a written report, and utilizes our Actimize/Guardian solution to escalate identified unusual activity. Strong time management practices that allow for flexibility, quick responses and turn around is necessary at times.CAART partners with their assigned Line of Business, other Risk/Compliance/Audit (RCA) professionals, and RCA Managers to, depending on their function, create, implement, maintain, review, or oversee an effective risk management framework. Participates in projects and/or activities that ensure compliance with applicable federal, state, and local laws and regulations. CAART also serves as a functional liaison between the Line of Business and the Lines of Defense.Responsibilities:Analyze Domestic and Foreign Correspondent Banking customer relationships and transactional activityAssist management in determining appropriate guidance, support, and recommendations for business lines regarding customer AML risk ratings and account activityAssist management and peers working with business line to establish procedures for conducting holistic reviews of all Domestic and Foreign Correspondent banking relationshipsWork cooperatively with other financial institutions to obtain necessary information related to in process reviewAssist with analytic reports for managementAssist with departmental tracking and reportingSupport any special projects or critical alert reviews.Actively ensures compliance with the U.S. Bank Code of Ethics and all Anti-Money Laundering, Bank Secrecy Act, information security and suspicious activity reporting requirements, policies and procedures.Actively participates in team meetings with analysts, management, and supporting business lines.Basic QualificationsBachelor’s degree, or equivalent work experienceTypically 3+ years of applicable experiencePreferred Skills/ExperiencePrior financial services experience and familiarity with a wide range of banking products.Knowledge of Bank Secrecy Act/Anti Money Laundering laws and regulationsExcellent communication and written skillsIndustry certifications including ACAMS, CFE, etc.Demonstrated leadership skillsProficiency in Microsoft Excel, Access, Word and/or experience in using other, relevant internal databases and applicationsIntermediate knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of businessIntermediate understanding of the business line’s operations, products/services, systems, and associated risks/controlsThorough knowledge of Risk/Compliance/Audit competenciesStrong analytical, process facilitation and project management skillsEffective presentation, interpersonal, written, and verbal communication skills**The role offers a hybrid/flexible schedule, which means there’s an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.****We are hiring in the following locations:Cincinnati, OHColumbus, OHIf there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our .Benefits:Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That’s why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):Healthcare (medical, dental, vision)Basic term and optional term life insuranceShort-term and long-term disabilityPregnancy disability and parental leave401(k) and employer-funded retirement planPaid vacation (from two to five weeks depending on salary grade and tenure)Up to 11 paid holiday opportunitiesAdoption assistanceSick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by lawU.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.E-VerifyU.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 .The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $66,640.00 – $78,400.00 – $86,240.00U.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.Posting may be closed earlier due to high volume of applicants.

Expected salary: $66640 – 86240 per year

Location: Cincinnati, OH

Job date: Wed, 14 May 2025 07:57:33 GMT

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