EFCC Economic Sanctions and List Screening Adjudication Analyst
U.S. Bank
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, enabling the communities we support to grow and succeed in the right ways, all more confidently and more often—that’s what we call the courage to thrive. 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. Try new things, learn new skills and discover what you excel at—all from Day One.
As a wholly owned subsidiary of U.S. Bank, Elavon is committed to building the platforms and ecosystems that help over 1.5 million customers around the world to achieve their financial goals—no matter what they need. From transaction processing to customer service, to driving innovation and launching new products, we’re building a range of tailored payment solutions powered by the latest technology. As part of our team, you can explore what motivates and energizes your career goals: partnering with our customers, our communities, and each other.
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 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. This is a hybrid position that requires a minimum of three days per week working onsite in one of the noted locations.
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.
- Analyze sanctions related escalations from Business lines and make decisions on appropriate action to take.
- 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.
- Position may require weekends and/or overtime.
BASIC QUALIFICATIONS:
- Bachelor's degree, or equivalent work experience
- One to two years of applicable experience
- Knowledge of AML/BSA, OFAC, PEP, KYC and FinCEN-related laws and regulations
- Knowledge of U.S. Bank’s operations, systems, and practices within business units
- Knowledge of AML/BSA, OFAC 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
- Documented record of achieving results both individually and in a team setting
- Ability to meet tight deadlines and work in an operational/compliance driven environment
- Ability to coordinate and work collaboratively with internal and external contacts daily
- Proficiency in Microsoft Excel, Access, Word, and/or experience in using other database applications
PREFERRED SKILLS/EXPERIENCE:
- CAMS/CGSS 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:
We offer an exciting, fast-paced and diverse working environment with employees of many different nationalities. We provide benefits to help you protect your health and financial security; and give you peace of mind. We also invest in your career growth with development resources that give you the opportunity to stretch and shine.
