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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

Candidate must have experience in supporting industry leading Financial Crimes programs and be able to synthesize and articulate risks and

their impacts to relevant processes, controls, and strategic initiatives.

Candidate must have the knowledge, experience, and leadership capabilities to enable business line growth, act as thought leaders and be considered trusted advisors. Candidate will help business lines comply with applicable policies, procedures, and regulatory requirements by establishing and maintaining a communication network to nimbly respond to inputs and proactively exchange information in order to effectively manage risk across the Bank.

Candidate must stay abreast and knowledgeable of regulatory changes/expectations, industry best practices, policy updates and more to

remain proficient in all job responsibilities. Candidate must also have the ability to work with internal testing teams and regulatory examiners

by providing full cooperation and timely delivery of requested documentation and information.

Essential duties will include but not be limited to:

• Overseeing the implementation of U.S. Bank’s Financial Crimes Program consistent with regulatory expectations and industry best practices for assigned area(s) of coverage

• Oversight and guidance to applicable business lines in the development of effective processes for customer onboarding, ongoing due diligence, periodic review, and enhanced due diligence for higher risk customers

• Ability to provide subject matter expertise and credible challenge to senior business leaders in their implementation of financial crimes controls

• Overseeing and maintaining BSA/AML, OFAC and ACFTE risk assessments for assigned area(s) of coverage and providing guidance for associated action plans

• Conducting ‘deep dives’ on higher risk products/services/customer types

• Provide subject matter/industry expertise regarding inherent risks and associated controls relevant to area(s) of coverage

• Provide guidance to applicable stakeholders regarding appropriate mitigation strategies for financial crimes risk related to area(s) of coverage

• Provide oversight and guidance related to self-identified issues, as well as the effective management of issues identified by second and third lines of defense and external regulators

• Collaborate across first, second and third line of defense teams to holistically assess risks and formulate recommendations for effective oversight and controls

• Participate in new business initiatives and make sound recommendations to ensure financial crimes risks are considered and accounted for

• Assess/opine/approve financial crimes related changes to business line procedures/documents

Basic Qualifications

- Bachelor's degree, or equivalent work experience

- Typically more than 10 years of applicable experience

Preferred Skills/Experience

- 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

- Thorough knowledge of Risk/Compliance/Audit competencies

- Strong leadership and management skills of processes, projects and people

- Effective written and verbal communication skills

- Strong analytical, problem-solving and negotiation skills

- Proficient computer skills, especially Microsoft Office applications

- Applicable professional certifications

_NOTE: This role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days._

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 (https://careers.usbank.com/global/en/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 the following (some may vary based on role, location or hours):

+ Healthcare (medical, dental, vision)

+ Basic term and optional term life insurance

+ Short-term and long-term disability

+ Pregnancy disability and parental leave

+ 401(k) and employer-funded retirement plan

+ Paid vacation (from two to five weeks depending on salary grade and tenure)

+ Up to 11 paid holiday opportunities

+ Adoption assistance

+ Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

E-Verify

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $133,365.00 - $156,900.00

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.