EFCC Program Effectiveness and Strategy Director

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 Program Effectiveness and Strategy (PE&S) Director, reporting to the Enterprise Financial Crimes Compliance (EFCC) Executive Director and Chief AML/BSA officer, is responsible for using deep Anti-Money Laundering (AML)/Bank Secrecy Act (BSA) experience to envision and drive the execution of EFCC priorities in partnership with senior leadership and business partners.  A Subject Matter Expert (SME) in AML/BSA, the PE&S Director will create and run the infrastructure to transform and drive effectiveness opportunities across EFCC, utilizing AI, automation and process changes, in line with overall RM&C and Company goals, while supporting the success of internal audits and regulatory exams. With strong business acumen, the PE&S Director is responsible for generating operational reporting to measure and monitor effectiveness across the team and identify opportunities within the day-to-day operations. The PE&S Director also is responsible for envisioning and creating executive-level reporting to message overall effectiveness of the EFCC operational program. This role serves as a proxy to the EFCC Executive Director to ensure decisions are aligned with EFCC/Company priorities amidst a changing regulatory landscape. The PE&S Director is an independent and objective sounding board for identifying, comparing, contrasting, debating, and ultimately decisioning, priorities, with an objective of identifying favorable outcomes for the program.

JOB FUNCTION AND RESPONSIBILITIES

• AML/BSA Expertise – Brings extensive prior senior-level AML/BSA experience related to running and/or transforming core aspects of an AML Program, such as operations (Know Your Customer/Enhanced Due Diligence, Investigations/SARs, Sanctions), technology, or product ownership.
• Strategic and Business Acumen – Has impressive intellectual and critical thinking skills and can lead the planning and execution of EFCC strategic initiatives, working in concert with other members of the senior leadership team. Knowledgeable of emerging industry trends and able to influence and communicate the current and future vision of EFCC. Must be able to “deep dive” into the details and the business needs while staying focused on the larger picture. Able to articulate opportunities, quickly dissect and disseminate complex information, and incorporate feedback from the leadership team to make effective decisions. Must have understanding of Corporate Finance with ability to calculate and communicate financial implications of strategic decisions.
• Executing Results – Working with other senior leaders within EFCC, facilitates the identification of complex, at times multi-year, strategic initiatives and priorities across the department; oversees execution while maintaining a high standard of excellence. Can synthesize complex information in a meaningful, executive-level format that can be shared with various audiences, including executive/Management Committee (MC) leadership. The PE&S Director is not afraid to challenge the status quo and exhibits a mindset of creativity and innovation. Must excel in a fast-paced environment. Proven agility and responsiveness in a high-stress environment. Can work alongside leadership to drive and develop team priorities and execute against the larger Risk Management and Compliance (RM&C)/Company goals and priorities.
• Leadership – A proven leader who excels at managing people both directly and indirectly. Ability to partner with and influence senior executives and business partners across the organization. Has broad understanding of operational processes across ERCC and insight into the needs of the department to guide outcomes needed for long-term success. Can identify, recruit, develop, coach, and mentor talent within team..
• Risk Decisioning – Working knowledge of AML/BSA, OFAC, PEP, KYC and FinCEN-related regulations. Build trust with business line partnerships and be a key point of contact for guidance and escalation. Responsible for helping drive key risk decisions across the organization, with impacts at the micro and macro scale.

ESSENTIAL FUNCTIONS

Manages, develops, and directs team of ~30 professionals with responsibilities spanning the functions below: