Purpose of job
This position is located in san antonio tx, phoenix az, or 100% remote opportunity available.
Ensures the bank’s first line processes and activities comply with anti-money laundering (aml) and office of foreign asset control (ofac) regulatory requirements of preventing, detecting, and reporting suspected money laundering and terrorist financing activitiesResponsible for executing bank aml/ofac procedures to include reviewing and analyzing member’s profiles for compliance, verifying the know your customer (kyc) data elements meet the required data quality, completing quality management activities, monitoring completion of performance and quality metrics, and reporting results to management to ensure the bank aml/ofac program activities and transactions are in compliance with regulatory requirements, policies and proceduresDrives solutions for enhancing the controls and quality outcomes for team members and suppliers.
Job requirements
Tasks:
Identify and manage existing and emerging risks that stem from business activities and the job role.
Ensure risks associated with business activities are effectively identified, measured, monitored, and controlled.
Follow written risk and compliance policies and procedures for business activities.
Independently reviews, identifies and escalates red flags on member accounts that may contribute to fraud, money laundering, terrorist activities, or other illegal activities.
Applies advanced knowledge to resolve moderately complex issues (red flags) and identifies appropriate issues that require escalationMay seek guidance from senior team for escalations as needed.
Utilizes documentary and non-documentary evidence, as appropriate, to verify the identity of the customer.
Under minimal supervision, performs maintenance, research, and resolution of member accounts related to bank aml/ofac.
Validates required data and evidence (screen shots, documents, etc.) to ensure they meet the quality standardsAdditionally, confirms the evidence is documented in the appropriate l aml system of record.
Partners with senior analysts to research, analyze and resolve member kyc profile or account maintenance issues.
Initiate’s member contact, as needed, and obtains additional information or documentation required to comply with the kyc standards.
Minimum experience required:
Bachelor`s degree or 4 additional years of related experience beyond the minimum required may be substituted in lieu of a degree.
4 years of related work experience in operations, or processing experience in a financial services industry.
1 year of relevant work experience in anti-money laundering/ofac or other relevant work experience in a financial services company, legal, regulatory, or consulting firm.
Proficient understanding of bank secrecy act, aml, ofac regulations, and the usa patriot act.
Strong knowledge of bank products, processes, and/or legal/regulatory requirements.
Analytical, collaboration and problem-solving skills.
When you apply for this position, you will be required to answer some initial questionsThis will take approximately 5 minutesOnce you begin the questions you will not be able to finish them at a later time and you will not be able to change your responses.
Preferred experience:
Customer identification program (cip) experience preferred
The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.
Compensation:
Usaa has an effective process for assessing market data and establishing ranges to ensure we remain competitiveYou are paid within the salary range based on your experience and market positionThe salary range for this position is: $54,800- $98,700 *(this does not include geographic differential it may be applied based on your work location)Employees may be eligible for pay incentives based on overall corporate and individual performance or at the discretion of the usaa board of directors.
Geographical differential:
Geographic pay differential is additional pay provided to eligible employees working in locations where market pay levels are above the national average.
Shift premium: will be addressed on an individual basis for applicable roles that are consistently scheduled for non-core hours.
Benefits:
At usaa our employees enjoy best-in-class benefits to support their physical, financial, and emotional wellnessThese benefits include comprehensive medical, dental and vision plans, 401(k), pension, life insurance, parental benefits, adoption assistance, paid time off program with paid holidays plus 16 paid volunteer hours, and various wellness programsAdditionally, our career path planning and continuing education assists employees with their professional goals.
Please click on the link below for more details.
Usaa total rewards
Https://hrportal.ehr.com/usaa/prospective-employees
Relocation assistance not available for this position.
