AML Investigator

U.S. Bank•Columbus, OH

2d•Hybrid

About The Position

As a member of U.S. Bank’s Enterprise Financial Crimes Compliance AML Investigations division, the AML Investigator works within the bank’s second line of defense to help prevent individuals and businesses from using bank products and services for illegal purposes. The role conducts enterprise-wide investigations of unusual activity and prepares Suspicious Activity Reports (SARs) for submission to the Financial Crimes Enforcement Network (FinCEN), as well as documenting cases that do not result in a SAR. Investigators should have a basic understanding of AML/BSA laws and regulations, financial services, and regulatory trends affecting their assigned line of business. The role may identify process, system, or human-error gaps and help drive solutions to minimize resulting losses, while identifying or escalating risks as appropriate. The role requires working from a U.S. Bank location three or more days per week. The posted annual pay range is $66,640 to $78,400, based on the primary location; the actual range may vary by location. U.S. Bank also offers benefits and total rewards, subject to eligibility requirements.

Requirements

Bachelor’s degree or equivalent work experience.
Typically more than two years of applicable experience.
Effective oral and written communication skills.
Strong proficiency in Excel.
Strong analytical and problem-solving skills.
Ability to adapt to a changing environment and handle multiple priorities.
Strong attention to detail.
Knowledge of Microsoft Office applications and general proficiency in adapting to new software applications.
Basic understanding of AML/BSA laws and regulations, financial services, and regulatory trends affecting the assigned line of business.

Nice To Haves

Experience in banking and/or AML compliance.
Knowledge of the Bank Secrecy Act (BSA) and AML laws and regulations.
Knowledge of the Actimize case management system.
Knowledge of retail banking, lending, and bank operations processes.
Certified Anti-Money Laundering Specialist (CAMS) certification preferred.

Responsibilities

Conduct comprehensive case investigations by analyzing transaction information, reviewing customer data, researching open-source information, and conducting media checks; recommend whether a SAR should be filed.
Work cooperatively with internal departments to obtain and analyze information needed for investigations.
Prepare clear, detailed investigative documentation, including case notes and attachments of internal and external research.
Prepare the SAR form when an investigation results in a SAR recommendation.
Recommend customer relationship closures, case escalations, or case referrals as appropriate.
Meet case production and quality goals.
Perform other duties as assigned.
Identify investigation-related gaps and help drive solutions to minimize losses caused by inadequate processes, systems, or human errors.
Identify and escalate risks as appropriate.

Benefits

Healthcare coverage, including medical, dental, and vision.
Basic term and optional term life insurance.
Short-term and long-term disability insurance.
Pregnancy disability and parental leave.
401(k) and employer-funded retirement plan.
Paid vacation of two to five weeks, depending on salary grade and tenure.
Up to 11 paid holiday opportunities.
Adoption assistance.
Sick and Safe Leave accruals of one hour for every 30 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
Incentive and recognition programs.
Equity stock purchase program.
Pension, subject to eligibility requirements.