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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

The Chief Bank Secrecy Act /Anti-Money Laundering (BSA/AML) Officer is accountable for overseeing the Financial Crimes Compliance program and leads Enterprise Financial Crimes Compliance. The BSA/AML Officer fulfills the statutory requirements for the position in the U.S. and for similar positions required in other jurisdictions and is accountable for coordinating, monitoring, and managing compliance with financial crimes laws. The BSA/AML Officer has authority and is principally accountable for overseeing the implementation of the AML Program Policy. The BSA/AML Officer possesses a thorough understanding of AML and terrorist financing laws and regulations, as well as comprehensive knowledge of the Company’s products, services, customer base, entities, geographic footprint, and the related financial crime risks.

ESSENTIAL FUNCTIONS

+ Oversee enterprise-wide risk management programs focused on Anti-Money Laundering (AML), Economic Sanctions, and Financial Crimes operational functions

+ Lead a team of 1400 staff globally, responsible for all facets of financial crimes programs

+ Regularly interact with U.S. and international law enforcement and regulatory agencies

+ Set the strategic direction for the enterprise financial crimes program, encompassing board and executive reporting, risk management, program oversight, policy development, risk assessments, monitoring, investigations, and operational execution

+ Collaborate directly with Chief Risk Officers and Business Heads to guide program implementation, including staffing, technology, and budget planning. Serves as the escalation point for significant events such as major cases, de-risking decisions, regulatory deficiencies, and inquiries from senior management and the board

+ Serve as a trusted advisor and primary subject matter expert for both internal and external stakeholders on all matters related to Financial Crimes

+ Act as the Bank’s principal liaison during regulatory examinations, internal audits, and third-party assessments, ensuring effective communication and representation of the Bank’s Financial Crimes program

+ Play a key role in executing and advising on the Bank’s BSA/AML and OFAC Risk Assessments, contributing critical insights and guidance to strengthen the institution’s overall risk posture

+ Prepare and deliver materials and training to the Company’s Board of Directors

QUALIFICATIONS

+ Proven understanding of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business

+ Prior experience interacting with senior and executive leadership, demonstrating advanced relationship and negotiation skills

+ Provide comprehensive weekly updates to Managing Committee Members

+ Prior experience handling challenging situations

+ Demonstrated understanding of the business line’s operations, products/services, systems, and associated risks/controls

+ Proven confidentiality with exposure to regulatory and other agencies

+ Prior experience leading Risk Professionals, responsible for staffing, performance management, prioritizing, guidance and training

+ Proficient in Microsoft Office applications

+ Advanced degree or equivalent, applicable certifications

+ 15+ years of applicable experience

+ Expert understanding of applicable laws, regulations, financial services, and regulatory trends

+ Highly skilled relationship and negotiation skills as well as strong ability to manage through crisis situations

+ Demonstrated oral and written communication, interpersonal, planning and implementation skills

LEADERSHIP CAPABILITIES

**Builds Teams and Talent** : Embraces developing talent; builds and develops teams; strengthens organizational capabilities via talent

**Drives for Results** : Drives execution, continuously improves the core, and reallocates resources at pace

**Disrupts & Challenges** : Creates possibilities from new and innovative thinking; generates disruptive change; leads change

**Leads Innovation** : Encourages innovative thought; challenges the status quo; scales and invests in new ideas

**Drives Vision and Purpose** : Paints a compelling picture of the vision and strategy that motivates others to action

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: $304,045.00 - $357,700.00

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.