The Alert Review team conducts the review of all system generated alerts created from the centralized monitoring programs within EFCC and manually created alerts from internal and external referral sources. The analyst is responsible for reviewing alerting transactional activity and making a recommendation to close an alert or send it to AML Investigations for further review. Analysts utilize internal systems to review customer and transactional information, conduct public data searches and utilize internal guidance to make a determination.
Create a clear and concise comment that supports no case decision.
Analyze customer account transactions to detect unusual activity and make decisions on appropriate action to take.
Work cooperatively with business line to establish procedures for identifying suspicious customer transactions, specific to money laundering, including the proper method for reporting such activity to the anti-money-laundering group.
Work cooperatively with U.S. Bank internal departments to obtain and analyze necessary information related to the investigation.
Assist in implementation of AML/BSA detection and prevention methods, which may include the creation of instruction manuals and training.
Support 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 and any required corporate and business line training in these areas.
Bachelor's degree, or equivalent work experience
Three to five years of experience in regulatory compliance activities, preferably in security, fraud, anti-money laundering and/or financial services
Prior bank experience
Knowledge of Bank Secrecy Act/Anti Money Laundering laws and regulations
Excellent communication and written skills
Proficiency in Microsoft Excel, Access, Word and/or experience in using other database applications