This individual will work with a team of Financial Intelligence Unit (FIU) analysts responsible for supporting the ongoing maintenance, production, and development of the banks Anti-Money Laundering (AML) systems and programs from a business user perspective. These systems include Actimize Suspicious Activity Monitor (SAM), Actimize eRCM (case management), and Actimize Customer Due Diligence (CDD). The ideal candidate for this position will have prior experience with BSA/AML monitoring applications and related development of supporting professional documentation (white papers, development documents, program manuals, proposals, PowerPoint presentations, etc.) for all programs that are to be shared with senior leaders, Corporate Audit Services partners and regulatory partners, and have a proven and demonstrable analytical skillset.
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. This individual will have proven capabilities in participation of analytical projects that require communication and coordination with team members and partners. Work duties will include analyzing transaction level data to support the development/enhancement of transaction monitoring programs and generating data insights for the purpose of detecting money laundering and terrorist financing. Professional communication skills are crucial, as this individual will represent the FIU Analytics team to management, Corporate Model Risk Management, Corporate Audit Services (CAS), and regulatory and business partners.
Possess an awareness of regulatory and U.S. Bank compliance environments as well as an interest to self-educate on new topics and changing requirements.
Partner with Alert Operations Management Team and AML Investigations to understand their workflow and to utilize their feedback, where appropriate, to strengthen the quality of FIU Analytics work product.
Partner with Business Line (BL) and EFCC risk manager contacts to fully-understand U.S. Bank product offerings, embedded BL compliance functions, and where the FIU Analytics team can provide value in terms of risk coverage and mitigation.
Lead the development and implementation of new reporting functionality and transaction monitoring channels for FIU support purposes.
Construct and present materials for audiences including but not limited to senior leadership, CAS, regulatory and business partners.
Timely responses to ad hoc data and documentation requests.
Ability to work independently with direction from leadership.
Utilize advanced computer skills including Microsoft Office suite (Excel, Word, and PowerPoint).
Demonstrate a strong foundation of experience and continued interest using SQL and SAS across various data sources and environments.
Leverage experience to achieve advanced level knowledge of transaction monitoring related data environments and resources to support and develop analyses of transaction monitoring programs.
Bachelor's degree in a quantitative field, and 10 or more years of experience in statistical modeling OR
Master's or PhD degree in a quantitative field, and six or more years of experience in statistical modeling
Advanced understanding of applicable laws, regulations, financial services, and regulatory trends that affect assigned line of business
Four or more years of relevant experience in AML/BSA/Financial Crimes regulatory compliance related role
Working knowledge of AML/BSA and relevant business systems including Actimize SAM and Actimize eRCM case management tool
Degree in Mathematics, Statistics, Finance, Economics, Engineering, or other quantitatively-rigorous discipline
Advanced SAS and SQL skills, with prior experience using various SQL Relational Database Management Systems (i.e. Oracle, Teradata, etc.)
Strong data compilation, programming skills and qualitative analysis skills
Strong documentation skills
Strong organization, analytical and project management skills
Strong planning, implementation and negotiation skills
Effective interpersonal, verbal and written communication skills