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AML/Fraud Intake - Analyst

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U.S. Bank

14d ago

  • Job
    Full-time
    Junior Level
  • Banking & Finance
  • Charlotte

AI generated summary

  • You need a bachelor's degree, 2+ years of experience, Excel proficiency, strong communication, attention to detail, and knowledge of financial regulations and operations. Analytical and project management skills are essential.
  • You will review risk-based alerts, analyze customer transactions for unusual activity, determine investigation needs, and document decisions per regulatory guidelines.

Requirements

  • Bachelor's degree, or equivalent work experience
  • Typically 2+ years of applicable experience
  • Proficiency with Microsoft Office, particularly Excel & pivot tables
  • Experience in a high production environment
  • Effective presentation, interpersonal, written and verbal communication skills
  • Experience analyzing transaction data
  • Decision making
  • High attention to detail (e.g., dates, dollar amounts, names, etc.)
  • Intermediate knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business
  • Intermediate understanding of the business line’s operations, products/services, systems, and associated risks/controls
  • Basic knowledge of Risk/Compliance/Audit competencies
  • Strong analytical, process facilitation and project management skills
  • Proficient computer navigation skills using a variety of software packages

Responsibilities

  • The analyst will be responsible for reviewing risk-based alerts which have triggered based on the Bank’s internal monitoring scenarios and branch referrals.
  • Customer transactional activity will be analyzed to identify potentially unusual financial and/or fraudulent activity, to include money laundering, terrorist financing, structuring, any other financial risk.
  • The analyst determines if activity is reasonable for the customer or warrants further investigation.
  • A narrative is then prepared by the Analyst to document and justify their decision in compliance with established regulatory guidelines and time frames.

FAQs

What are the primary responsibilities of the AML/Fraud Intake Analyst?

The primary responsibilities include reviewing risk-based alerts for unusual financial or fraudulent activity, analyzing customer transactional activity, determining the reasonableness of the activity, and preparing narratives to document decisions in compliance with regulatory guidelines.

What qualifications are required for this position?

A Bachelor's degree or equivalent work experience is required, along with typically 2+ years of applicable experience.

What skills are preferred for applicants to this position?

Preferred skills include proficiency with Microsoft Office (particularly Excel and pivot tables), experience in a high production environment, strong communication skills, analytical skills, attention to detail, and knowledge of relevant laws and regulations.

Where is this position located?

This position is available in the following locations: Tempe, AZ; Minneapolis, MN; Charlotte, NC; and Knoxville, TN.

What is the working schedule for this role?

The role offers a hybrid/flexible schedule, requiring in-office attendance of 3 or more days per week, with the option to work remotely on other days.

What benefits are offered to employees in this position?

Benefits include healthcare (medical, dental, vision), life insurance, short-term and long-term disability, parental leave, 401(k) plan, paid vacation, holiday opportunities, adoption assistance, and sick leave accruals.

Does U.S. Bank support equal employment opportunities?

Yes, U.S. Bank is an equal opportunity employer committed to creating a diverse workforce and considers all qualified applicants without regard to various factors such as race, gender identity, or disability status.

Are background checks required for this position?

Yes, U.S. Bank conducts background checks in accordance with applicable local laws and regulatory requirements.

How long will this job posting be open?

Job postings typically remain open for approximately 20 days, but may close earlier if the position is no longer required due to business need.

Finance
Industry
10,001+
Employees
1863
Founded Year

Mission & Purpose

U.S. Bancorp, with nearly 70,000 employees and $554 billion in assets as of December 31, 2020, is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States. The Minneapolis-based bank blends its relationship teams, branches and ATM network with digital tools that allow customers to bank when, where and how they prefer. U.S. Bank is committed to serving its millions of retail, business, wealth management, payment, commercial, corporate, and investment customers across the country and around the world as a trusted and responsible financial partner. This commitment continues to earn a spot on the Ethisphere Institute’s World’s Most Ethical Companies list and puts U.S. Bank in the top 5% of global companies assessed on the CDP A List for climate change action.

Benefits

  • You choose how to save and invest through before-tax and/or Roth after-tax contributions and a variety of investment options. You’re immediately vested and receive a 100% company match up to 4% of eligible pay after a year of service.

  • Premier support – Experience an elevated level of personalized and unified support when you have questions or concerns or when you need expert support related to your UnitedHealthcare/Optum medical, prescription, mental and behavioral health, and Health Savings Account benefits. Y

  • An HSA provides a tax-advantaged means for you to save and pay for qualified healthcare expenses, including doctor and dentist visits, prescriptions, glasses, contact lenses and more. Enroll in a U.S. Bank HSA Advantage medical plan to contribute and to receive up to $750 (if you cover yourself) or up to $1,500 (if you cover one or more family members) annually from U.S. Bank.

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