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

Job Title: AML Compliance Officer

CF/PCF Number: CF2

Reports to: VP, Head of AML WCIB Europe

Department: PAY-Risk and Compliance

Which jobs(s) does this Role report to?

Direct line reporting:

VP, Head of AML WCIB Europe

Fitness & Probity

This role is a ‘controlled function’ as defined by the Central Bank Reform Act 2010 Regulations 2011.

1. Accountabilities for your role - what are you expected to do?

Responsibilities: ( not limited )

Execution of the Company’s compliance program.Ensuring that the Company’s compliance programs fully encompass all applicable Luxembourg regulations, legislation and regulatory guidance, and U.S. Bank corporate requirements, where appropriate.Designated point of contact with local regulatory bodies.Primary day-to-day contact point for business line regulatory and compliance queries.Development and implementation of one or more Policies/ Frameworks, ensuring their alignment to relevant EU and Luxembourg regulatory requirements.Timely and accurate submissions to regulatory bodies arising from requests/inspections.Lead Compliance representative for FLOD led projects e.g. business expansion, acquisitions, new products and services etc.Development and execution of Annual Compliance Plan for the Company.Lead the implementation of regulatory change projects for the Company.Design and delivery of compliance training to the business and/or corporate functions.Oversight of the day to day execution of Compliance monitoring and testing in the Company.Distilling, drafting and presenting complicated issues and regulatory requirements to both internal and external stakeholders, including the drafting of explanatory guidelines/documentation as required.Production of material for inclusion in Compliance reporting.Regular attendance and presentations at meetings of the Board of Directors.Responsible for the review and sign-off of advertising/marketing materials for the Company.Other such duties as reasonably requested by management.

2. Competencies for your Role - how are you expected to behave?

Drive for Results

Pursues goals with energy and perseverance; rarely gives up before succeeding; works to overcome barriers and challenges in order to produce desired results; can be counted on to achieve or surpass goals; consistently a top performer among peer group.

Collaboration

Develops good working relationships with others; recognizes and values differences; encourages an inclusive collaborative environment and open dialogue; puts team’s goals ahead of personal agendas; shares information openly and transparently; openly supports team members and their efforts.

Agility & Innovation

Demonstrate flexibility in dealing with fast-changing priorities, and different or challenging situations. Help others to continuously improve and achieve results.  Explore multiple solutions to overcome obstacles.  Anticipate future needs that may affect the team or organization

Talent Development & Engagement

Provides others with a clear direction; Sets appropriate standards of behaviour; Delegates work appropriately and fairly; Motivates and empowers others; Provides staff with development opportunities and coaching; Recruits staff of a high calibre

        5.  Risk Management

Appropriately identify and manage risks, in compliance with applicable laws, rules and regulations, and with Company Policy.

        6.  Ethics and Trust

Maintain high ethical standards; gain the confidence and trust of others through honesty, integrity and authenticity. Conducts him or herself honestly and ethically; adheres to a core set of values and standards appropriate to the situation and acts; accordingly, is consistent in own words and actions; inspires trust and respect by dealing openly with people; keeps confidences and admits mistakes

3.Technical Competencies for your role – what are you expected to know

Technical Competencies  ( not limited )

Excellent understanding of the funds industry, with prior experience engaging with regulators and internal/external auditorsStrong knowledge of all applicable Luxembourg AML regulations, legislation and regulatory guidance and requirements as well as knowledge of E.U. AML regulations, legislation and regulatory guidanceExcellent assurance testing skills with an emphasis on evidence-based outcomes, prioritisation,Exhibits a positive ‘can do’ attitude with excellent problem solving skills.Is collaborative in approach with strong emphasis on delivery and execution.Demonstrates an ability to interact and influence at a senior level.Working on own initiative and delivering practical outcomes to a professional standard.Strong oral and written communication skills.Demonstrates U.S. Bank core behaviours on an ongoing basis.

U.S. Bank Core actions and behaviours:

Adapt quickly to changing priorities; create new and better ways for the organisation to be successful.Help others to continuously improve and achieve results.Explore multiple solutions to overcome obstacles.Anticipate future needs that may affect the team or organisationSearch for ways to enhance the customer experience.Hold others accountable for meeting customer needs.Set high standards of performance for self and team.Help others meet commitments, goals and deadlines.Achieve results that have a clear, positive and direct impact on the business.Meet commitments and persist despite setbacks or obstacles.Demonstrate our core values through words and actions.Treat others with professionalism and respect by honouring agreements and commitments, while managing priorities.Create a climate where people are motivated to help the organization achieve its objectives.

4. Qualifications  Required to perform your Role?

A relevant third level qualification (e.g. law, business, finance, Diploma in Compliance) essential.Fluency in English (both verbal and written) essential and ideally fluent in French.

5.  Control Function Disclosure

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.

This role has been identified as a Controlled Function (“CF 2”) under the Central Bank of Ireland’s Individual Accountability Framework Act 2023. 

Accordingly, U.S. Bank Europe DAC ( ‘ USBE ‘ ) must be satisfied on reasonable grounds that the role holder complies at all times with the fitness and probity/propriety standards. Applicants agree to permit USBE (or its agents) to conduct such due diligence as it deems necessary to satisfy itself on reasonable grounds that you comply with the Fitness and Probity/Propriety Standards and that you will provide USBE with all information and/or documentation relating to your qualifications, experience, employment history, financial soundness and other interests that USBE requests for that purpose.

Please see link below to the U.S. Bank Core Behaviours Guide that is available to view on MyHR

https://itsmnow.service-now.com/myhr?id=usb_hrsd_kb_article&sys_id=6d794342dbbf941c1546a09e1396196a.

U.S. Bank Europe DAC supports Equal Opportunity and is regulated by the Central Bank of Ireland.

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.