U.S. Bank Economic Sanctions Advisory Analyst in Charlotte, North Carolina
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.
Economic Sanctions Advisory Analyst
This individual will be a member of the Economic Sanctions Advisory Team within the Enterprise Financial Crimes Compliance Economic Sanctions Department and partner with groups within Enterprise Financial Crimes Compliance, Business Lines, and Legal Counsel as a subject matter expert on global Economic Sanctions. Reporting to the Economic Sanctions Advisory Director, this position will require knowledge of OFAC/Economic Sanctions, including license interpretation and regulations with the ability to provide consultative expertise to the Economic Sanctions Department and internal Business Lines on Economic Sanctions-related issues. This position is the last step in the escalation process for domestic/international transactions and customer/account escalations requiring review and disposition. Economic Sanctions decision making experience and expertise within the financial service industry as it pertains to the review of transactions, accounts and new business product requirements is a must.
A bachelor’s degree, or equivalent work experience
Typically, more than five years of applicable sanctions experience
Five plus years applicable sanctions experience with knowledge of relevant laws, regulations, financial services, and regulatory trends that impact OFAC, State Department, BIS, FinCEN Special Measures and international sanctions such as UN, EU, UK and Canada
Advanced working knowledge of transactional and customer screening systems (i.e., Fircosoft and Bridger)
Advanced written, verbal and senior level presentation skills
Demonstrated analytical, problem-solving and negotiation skills
Ability to work under tight deadlines and prioritize work
Demonstrated leadership and management skills of processes, projects and people
Applicable knowledge of business line’s operations, products/services, systems, and associated risks/controls within a bank
Advanced knowledge of Risk/Compliance/Audit competencies
Applicable professional certifications (CAMS, CGSS, etc.)
Other Essential Duties:
Primary responsibility will be the review and disposition of sanctions related domestic/international transactions and customer/account escalations
Work with AML Investigations and Legal Counsel on sanctions matters
Ability to work in collaborative environment with domestic and international business partners to resolve complex sanctions issues
Perform investigations, detailed analysis, drafting written reports on sanctions related issues, inquiries, subpoenas and presenting findings to Senior Management and Legal Counsel
Draft and submit OFAC block/reject reports and the Annual Report of Blocked Property
Maintain oversight of all Bank blocked assets and related internal controls
Maintain oversight of the sanctions internal watch list for sanctions screening systems
Develop and review sanctions-related procedures as needed
Ability to lead multiple internal projects, complete action items, business requirements and meet tight project and processing deadlines
Conduct training sessions for internal bank personnel on various sanctions topics
Additional assignments as required
Overtime with availability outside BAU working hours as needed
Work Eastern Time business hours with ability to work Central Time and Pacific Time business hours when required
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 (https://careers.usbank.com/global/en/disability-accommodations-for-applicants) .
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
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 (https://eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12ScreenRdr.pdf) EEO poster.
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 (https://careers.usbank.com/verification-of-eligibility-for-employment) .
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, US Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401k contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $95,455.00 - $112,300.00 - $123,530.00
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.
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