EFCC Economic Sanctions and List Screening Adjudication Analyst

Economic Sanctions 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 atall from Day One.

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, FinCEN 314a 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.

Essential Functions :

• Analyze output of OFAC / Sanctions and other applicable 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 other screening detection methods, such as training and instruction manuals.
• Assist with departmental 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.
• Participate in required corporate and business line training.
• Remain current on legal, regulatory AML / BSA and OFAC requirements and actions.

Other Functions :

Basic Qualifications :

Preferred Skills / Experience :

The 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.

We are hiring in the following locations :

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 :

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

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).