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 Analyst is responsible for fulfilling the Anti-Money Laundering (AML)/Bank Secrecy Act (BSA) and Office of Foreign Assets Control (OFAC) requirements through research of relationships on behalf of U.S. Bank of both new and existing accounts. The team plays a critical role in ensuring the bank remains compliant with regulatory requirements by identifying and mitigating risks related to financial crime, sanctions violations, and prohibited transactions. In this role, you will analyze alerts, investigate potential sanctions matches, and escalate any findings that pose a risk to the bank.

Responsibilities include performing analysis and enhance due diligence on results from OFAC/Sanctions and PEP watchlists screening of customer accounts according to U.S. Bank policy and procedures. This position requires three+ days per week working onsite.

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.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.The role offers a hybrid 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.
 

BASIC QUALIFICATIONS:

Bachelor's degree, or equivalent work experienceOne to two years of applicable experienceKnowledge of AML/BSA OFAC, and PEP,Excellent communication and written skillsStrong analytical abilities and problem-solving skillsStrong self-motivation and organizational skillsExceptional ability to multi-task and prioritize projectsAbility to meet tight deadlines and work in an operational/compliance driven environmentAbility to coordinate and work collaboratively with internal and external contacts dailyProficiency 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.

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