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AML Investigator

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U.S. Bank

Jan 10

Applications are closed

  • Job
    Full-time
    Junior Level
  • Legal
    Banking & Finance
  • Charlotte

Requirements

  • Bachelor's degree, or equivalent work experience
  • Typically 2+ years of applicable experience
  • Experience in banking, and/or AML compliance
  • Effective oral and written communication skills
  • Strong proficiency in Excel
  • Strong analytical skills
  • Strong problem-solving skills
  • Ability to adapt to a changing environment and handle multiple priorities
  • Strong attention to detail
  • Knowledge of Microsoft Office applications, along with general proficiency in adapting to new software applications
  • Knowledge of Bank Secrecy Act (BSA)/AML laws and regulations
  • Knowledge of Actimize case management system
  • Knowledge of retail banking, lending and bank operations processes
  • Certified Anti-Money Laundering Specialist (CAMS) certification preferred

Responsibilities

  • You’ll contribute to the bank’s overall strategy and risk profile by:
  • Conducting comprehensive case investigations which includes analyzing transaction information, reviewing customer data, researching open source and media checks, and recommending a SAR or no SAR to be filed
  • Working cooperatively with internal departments to obtain and analyze necessary information related to the investigation
  • Preparing quality investigative documentation which includes clearly articulating written detailed case notes, and providing attachments of internal and external research
  • Preparing the SAR form when a case investigation results in a SAR recommendation
  • Recommending customer relationship closures, case escalations or case referrals as appropriate
  • Ensuring case production and quality goals are met
  • Completing other duties as assigned

FAQs

What is the main responsibility of an AML Investigator at U.S. Bank?

The main responsibility of an AML Investigator at U.S. Bank is to conduct enterprise-wide investigations to identify unusual activity and prepare Suspicious Activity Reports (SARs) to be filed with regulatory agencies such as the Financial Crimes Enforcement Network (FinCEN).

What are the basic qualifications required for this position?

The basic qualifications required for this position include a Bachelor's degree or equivalent work experience, and typically 2+ years of applicable experience.

Is there any preferred experience that would benefit an applicant for this role?

Yes, preferred experience includes banking and/or AML compliance, effective communication skills, strong analytical and problem-solving skills, and knowledge of Bank Secrecy Act (BSA)/AML laws and regulations.

What types of skills are preferred for candidates applying for this position?

Preferred skills for candidates include strong proficiency in Excel, attention to detail, the ability to adapt to a changing environment, and familiarity with Microsoft Office applications.

Is the Certified Anti-Money Laundering Specialist (CAMS) certification necessary?

The CAMS certification is preferred but not mandatory for applicants.

What is the work schedule like for this position?

The role offers a hybrid/flexible schedule, with an in-office expectation of 3 or more days per week and the flexibility to work outside the office for the other days.

What type of benefits does U.S. Bank offer to its employees?

U.S. Bank offers a comprehensive benefits package that includes healthcare, life insurance, disability leave, a 401(k) plan, paid vacation, paid holidays, adoption assistance, and sick leave accruals, among others.

Where is the AML Investigator position located?

The position is located in Charlotte, NC.

How does U.S. Bank handle EEO and background checks for this position?

U.S. Bank is an equal opportunity employer and conducts background checks consistent with local laws. They also consider qualified applicants with arrest or conviction records for employment.

Is experience with the Actimize case management system required?

While knowledge of the Actimize case management system is preferred, it is not explicitly stated as required for the position.

Finance
Industry
10,001+
Employees
1863
Founded Year

Mission & Purpose

U.S. Bancorp, with nearly 70,000 employees and $554 billion in assets as of December 31, 2020, is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States. The Minneapolis-based bank blends its relationship teams, branches and ATM network with digital tools that allow customers to bank when, where and how they prefer. U.S. Bank is committed to serving its millions of retail, business, wealth management, payment, commercial, corporate, and investment customers across the country and around the world as a trusted and responsible financial partner. This commitment continues to earn a spot on the Ethisphere Institute’s World’s Most Ethical Companies list and puts U.S. Bank in the top 5% of global companies assessed on the CDP A List for climate change action.

Benefits

  • You choose how to save and invest through before-tax and/or Roth after-tax contributions and a variety of investment options. You’re immediately vested and receive a 100% company match up to 4% of eligible pay after a year of service.

  • Premier support – Experience an elevated level of personalized and unified support when you have questions or concerns or when you need expert support related to your UnitedHealthcare/Optum medical, prescription, mental and behavioral health, and Health Savings Account benefits. Y

  • An HSA provides a tax-advantaged means for you to save and pay for qualified healthcare expenses, including doctor and dentist visits, prescriptions, glasses, contact lenses and more. Enroll in a U.S. Bank HSA Advantage medical plan to contribute and to receive up to $750 (if you cover yourself) or up to $1,500 (if you cover one or more family members) annually from U.S. Bank.

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