AML Investigator

US Bank; Columbus (OH); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

Life insurance

Disability insurance

401(k) retirement plan

Paid vacation

Up to 11 paid holidays

Adoption assistance

Sick leave accruals

Job summary

U.S. Bank is seeking an AML Investigator to support the Enterprise Financial Crimes Compliance AML Investigations division. You will conduct investigations, analyze data, and prepare SARs for FinCEN while maintaining awareness of evolving AML regulations.

The role requires collaboration with internal teams, attention to detail, and the ability to adapt to changing priorities. On-site work at a U.S. Bank location is expected three days per week, with comprehensive benefits and growth

Qualifications

• Bachelor's degree or equivalent work experience.
• Typically more than two years of applicable experience.
• Experience in banking and AML compliance preferred.
• Strong written and oral communication skills.

Responsibilities

• Conduct enterprise-wide AML investigations and determine SAR/no SAR.
• Analyze transactions and customer data during investigations.
• Prepare SARs for FinCEN and write case notes.
• Coordinate with internal departments to gather information.
• Escalate risks and support process improvements.
• Ensure quality and timeliness of case production.
• Perform other duties as assigned.

Skills

AML compliance

Excel proficiency

Analytical thinking

Attention to detail

Communication skills

Education

Bachelor's degree

Tools

Actimize

Microsoft Office

Job description

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

U.S. Bank is responsible for maintaining an effective anti-money laundering (AML) program for monitoring, detecting, and reporting suspicious activity to appropriate regulatory agencies. As a member of the Enterprise Financial Crimes Compliance AML Investigations division, you will be part of the bank's second line of defense to prevent individuals and businesses from using U.S. Bank products and services for illegal purposes. As an AML Investigator, you will conduct enterprise-wide investigations identifying unusual activity and preparing Suspicious Activity Reports (SARs) to be filed with Financial Crimes Enforcement Network (FinCEN) as well as writing and preparing cases that result in No SARs. An AML Investigator should have a basic understanding of AML/BSA laws and regulations, the financial services industry, and regulatory trends that impact their assigned line of business. During the investigation, you may identify gaps and help drive solutions that minimize losses resulting from inadequate internal processes, systems, or human errors. You will assist in identifying and/or escalating risks, as appropriate.

Responsibilities

• Conducting comprehensive case investigations which includes analyzing transaction information, reviewing customer data, researching open source and media checks, and recommending a SAR or no SAR to be filed
• Working cooperatively with internal departments to obtain and analyze necessary information related to the investigation
• Preparing quality investigative documentation which includes clearly articulating written detailed case notes, and providing attachments of internal and external research
• Preparing the SAR form when a case investigation results in a SAR recommendation
• Recommending customer relationship closures, case escalations or case referrals as appropriate
• Ensuring case production and quality goals are met
• Completing other duties as assigned

Basic Qualifications

• Bachelor's degree, or equivalent work experience
• Typically more than two years of applicable experience

Preferred Skills/Experience

• Experience in banking, and/or AML compliance
• Effective oral and written communication skills
• Strong proficiency in Excel
• Strong analytical skills
• Strong problem-solving skills
• Ability to adapt to a changing environment and handle multiple priorities
• Strong attention to detail
• Knowledge of Microsoft Office applications, along with general proficiency in adapting to new software applications
• Knowledge of Bank Secrecy Act (BSA)/AML laws and regulations
• Knowledge of Actimize case management system
• Knowledge of retail banking, lending and bank operations processes
• Certified Anti-Money Laundering Specialist (CAMS) certification preferred

Location expectations

This role requires working from a U.S. Bank location three (3) or more days per week.

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:

• 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

Review our full benefits available by employment status here .

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.

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 employm