US Bank Seattle , WA 98113
This position will be temporarily assigned to the Internal Investigations Team and may be reassigned to another discipline at a later date to accommodate staffing needs
The primary responsibility of the Internal Fraud Principal Investigator is review Suspicious Activity Report (SAR) recommendations submitted by Investigators to determine if a SAR is required. The Principal Investigator will also perform a quality assurance review of the SAR. This position will be temporarily assigned to the Internal Team, and may be reassigned to another discipline at a later date to accommodate appropriate staffing needs.
Responsible for regulatory report review, completion, deadlines and quality
Approval for Suspicious Activity Report (SAR) recommendation requests
Approval for No-SAR recommendation requests
May complete and file SARs.
Reports to Team Lead any urgent or high profile cases
Conducts and attends team meetings and communicates changes
Testifies on behalf of the bank regarding criminal and civil cases as needed.
Enters into restitution agreements on behalf of the bank.
Training delivery compliance and participation
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 any required corporate and business line training in these areas.
Understands and follows internal suspicious activity referral requirements and processes as required for this position.
Maintain files in conjunction with record keeping/legal records hold policies to comply with retention schedules or records.
Bachelor's degree, or equivalent work experience
Five to seven years of experience in an applicable risk management environment
Advanced knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business
Advanced understanding of the business line's operations, products/services, systems, and associated risks/controls
Advanced knowledge of Risk/Compliance/Audit competencies
Strong process facilitation, project management, and analytical skills
Must possess business acumen and credibility to help business line(s) proactively identify and address changing workforce needs
Excellent presentation, interpersonal, written and verbal communication skills
Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications and word processing, spreadsheets, databases, and presentations
Applicable professional certifications preferred