Risk and Compliance Data Analyst - AML

Minneapolis, MN, United States

Risk and Compliance Data Analyst - AML page is loaded Risk and Compliance Data Analyst - AML Apply locations Minneapolis, MN Charlotte, NC Columbus, OH time type Full time posted on Posted 7 Days Ago job requisition id 2024-0012880 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 Description The EFCC Financial Intelligence Unit (FIU) is responsible for the collection, analysis and surveillance of data sources relevant to the identification and investigation of unusual financial transaction activities. FIU also partners with other EFCC teams and Business Lines to create innovative solutions to critical business challenges through advanced analytic techniques.

This individual will work in the Strategic Analytic Team (SAT) under the FIU. The Strategic Analytics Team regularly takes on high profile projects related to risk identification, process automation and optimization, data exploration, regulator requests, and efficiency improvement opportunities across EFCC. In addition, the SAT executes ongoing data enrichment and metrics reporting to support our EFCC partners’ daily operations.

SAT is seeking a qualified candidate for a RCA Professional position. The ideal candidate must demonstrate an expertise in compliance/risk management, data analytics and report creation. He/she will be responsible for supporting initiatives from Financial Crime Operations Team (FCO), including but not limited to the creation and maintenance of VBA macros, solutions and reports for operational efficiency improvements, data collections on consortium projects and risk identification. The incumbent will maintain active engagement with Financial Crime Operations

It is expected that this individual will be highly self-motivated, organized, and an effective manager of time with the ability to handle multiple tasks simultaneously. Technical skill and experience in data analytics, solution creation, SAS/SQL/VBA/Python programming are critical to the daily work. This individual will have proven capabilities in analytical projects that require communication and coordination with team members and partners.

Specific Responsibilities:

Partner with Financial Crime Operations Team (FCO) to fully understand how the team’s work products will provide value in terms of risk mitigation.

Design, develop, and deploy professional program/reporting documentation in support of data analytics and related reporting. Apply continuous improvement to reports to meet changing business needs.

Partner with TOS to understand data sources and data flows through various systems and applications.

Write SAS/SQL/VBA/Python code to extract data to perform data analysis and research for data integrity.

Execute strategies to assemble transaction information across multiple platforms

Conduct data exploration, quantitative research and data mining to uncover money laundering patterns

Present findings, highlight de-risking opportunities and identify risk assessment improvement options to team members, stakeholders, and senior management

Support data analyses within compliance organization

Basic Qualifications

- Bachelor's degree, or equivalent work experience

- Typically more than six years of applicable experience Preferred Skills/Experience Partner with Risk Management Team on emerging risk identification.

Design, develop, and deploy professional program/reporting documentation in support of data analytics and related reporting. Apply continuous improvement to reports to meet changing business needs.

Partner with TOS to understand data sources and data flows through various systems and applications.

Write SAS/SQL/VBA/Python code to extract data to perform data analysis and research for data integrity.

Execute strategies to assemble transaction information across multiple platforms

Conduct data exploration, quantitative research and data mining to uncover money laundering patterns

Present findings, highlight de-risking opportunities and identify risk assessment improvement options to team members, stakeholders, and senior management

Support data analyses within compliance organization

NOTE: This 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.

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our  disability accommodations for applicants .

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 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

Adoption assistance

Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

EEO is the Law

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. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS EEO poster.

E-Verify

U.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 E-Verify program .

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: $102,340.00 - $120,400.00 - $132,440.00Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date. Similar Jobs (5) Cybersecurity Risk Compliance Assessor locations 3 Locations time type Full time posted on Posted 30+ Days Ago CBB Risk Customer Remediation Data Analyst locations 21 Locations time type Full time posted on Posted 11 Days Ago Risk & Compliance Issue Coordinator locations 5 Locations time type Full time posted on Posted 5 Days Ago

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.

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