EFCC Economic Sanctions and List Screening Adjudication Analyst

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 Economic Sanctions Adjudication Analyst is responsible for fulfilling the Anti-Money Laundering (AML)/Bank Secrecy Act (BSA) and Office of Foreign Assets Control (OFAC) requirements through enhanced evaluation, identification, and research of relationships on behalf of U.S. Bank of both new and existing accounts.

Responsibilities include performing analysis and enhanced due diligence on results from OFAC/Sanctions, custom watchlists, 314a, Adverse Media and PEP watchlist screening of customer accounts according to U.S. Bank policy and procedures. The role will partner with other Enterprise Financial Crimes Compliance (EFCC) departments and Business Lines to complete due diligence review and report details as needed to appropriate areas. Responsibilities also include back up and support for Sanctions related escalations from Business Lines including but not limited to wire transactions, international ACH transactions (IAT) and trade finance. Position may require weekends and/or overtime.

Basic Qualifications

• Bachelor's degree, or equivalent work experience
• Typically, more than one year of applicable experience

ESSENTIAL FUNCTIONS:

• Analyze output of OFAC/Sanctions and PEP watchlist screening and make decisions on appropriate action to take.
• Maintain thorough documentation of analysis performed.
• Work cooperatively with U.S. Bank internal departments to obtain and evaluate necessary information related to the analysis.
• Assist in implementation of OFAC/Sanctions and PEP detection methods, such as training and instruction manuals
• Assist with departmental tracking and reporting.
• Support any special projects or critical casework.
• Actively ensures compliance with the U.S. Bank Code of Ethics and all AML, BSA, information security, and suspicious activity reporting requirements, policies and procedures. Actively participates in any required corporate and business line training in these areas. Follows account opening procedures and understands and follows internal suspicious activity referral requirements and processes, as required for this position.
• Remains current on legal, regulatory AML/BSA, OFAC and PEP requirements and actions.

OTHER FUNCTIONS:

• Analyze sanctions related escalations from Business lines (wire transactions, IAT, trade finance, etc.) and make decisions on appropriate action to take.

Preferred Qualifications:

- Bachelors’ degree or the equivalent in work experience

- 1-2 years’ of applicable experience

- Knowledge of AML/BSA, OFAC and PEP laws and regulations

- Excellent communication and written skills

- Strong analytical abilities and problem-solving skills

- Strong self-motivation and organizational skills

- Exceptional ability to multi-task and prioritize projects

- Ability to coordinate and work collaboratively with internal and external contacts on a daily basis

- Documented record of achieving results both individually and in a team setting

- Proficiency in Microsoft Excel, Access, Word, and/or experience in using other database applications

Preferred Skills / Experience:

- CAMS certification

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 th