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

This role is an individual contributor position within the Bank’s Enterprise Financial Crime Compliance (EFCC) organization. The person in this role will join the Strategic Analytics team, which supports the Bank’s Anti-Money Laundering and Financial Crimes compliance program through data analytics and tool development. The individual will work closely with internal upstream and downstream partners and Technology teams to drive the evolution of a product that is central to the Bank’s AML/BSA Transaction Monitoring program. This product supports event and alert identification and enables effective, risk-based application of resources. The individual will need to display strong critical thinking, communication and documentation, and data analytics skills. In addition to owning the technology product, this individual will also own the rules-based model that is implemented by the technology.

ResponsibilitiesDevelop and maintain the product backlog.Create detailed user stories and acceptance criteria.Prioritize product backlog items based on business value and strategic alignment.Act as the primary liaison between business stakeholders and Technology teams, facilitating clear communication and understanding.Work closely with development teams to provide real-time feedback, address prioritization needs, and answer questions.Collaborate with Product Management to set release dates and make informed decisions about schedule, scope, and budget trade-offs.Perform data analytics, and user research to inform product development and testing.Complete testing of product implementation to ensure alignment with business requirements.Monitor and manage the ongoing performance of the model and develop data-driven strategies to improve effectiveness.Basic Qualifications
- Bachelor’s degree in a quantitative field, and three or more years of relevant experience
OR
- MA/MS in a quantitative field, and less than three years of related experienceEssential Skills/ExperienceProficiency in SQL and Python for data analytics and testing.Experience with AML/BSA tools and familiarity with financial crimes modeling.Excellent problem-solving skills and the ability to work independently and as part of a team.Strong verbal and written communication skills to effectively collaborate with technical and non-technical stakeholders.Proficient computer navigation skillsExperience in data analytics and testing skills to support a quantitative model

Preferred Skills/Experience

Familiarity with Agile tools and practicesFamiliarity with Machine Learning, as the model contains a significant upstream ML componentUnderstanding of AML risk and ability to identify potential interactions in a complex AML Transaction Monitoring systemThe ideal candidate for this role is highly self-driven, organized, and efficient in managing multiple tasks. They should possess a keen eye for innovative solutions and demonstrate a robust understanding of complex system interactions. This is an exciting opportunity to contribute to the modernization and enhancement of the Bank's AML systems through innovative product development.

NOTE:  This 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.

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: 

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

EEO is the Law

U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS EEO poster.  

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

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: $92,820.00 - $109,200.00 - $120,120.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

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.

Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date.