Manager, Bank OFAC/AML
Company: USAA
Location: Phoenix
Posted on: October 2, 2024
Job Description:
Why USAA?Let's do something that really matters.
At USAA, we have an important mission: facilitating the financial
security of millions of U.S. military members and their families.
Not all of our employees served in our nation's military, but we
all share in the mission to give back to those who did. We're
working as one to build a great experience and make a real impact
for our members.
We believe in our core values of honesty, integrity, loyalty and
service. They're what guides everything we do - from how we treat
our members to how we treat each other. Come be a part of what
makes us so special!The OpportunityAs a dedicated Manager, Bank
OFAC/AML, you will manage a team of analysts and is responsible for
defining team objectives to ensure the Bank's first line processes
and activities align with AML and Office of Foreign Asset Control
(OFAC) regulatory requirements of preventing, detecting, and
reporting suspected money laundering and terrorist financing
activities. Drives solutions for enhancing the controls and quality
outcomes for team members and suppliers. Accountable for ensuring
the Bank AML/OFAC program activities and transactions are in
compliance with regulatory requirements, policies and procedures.We
offer a flexible work environment that requires an individual to be
in the office 4 days per week. This position will be based in one
of the following locations: San Antonio, TX or Phoenix, AZ.
Relocation assistance is not available for this position.What
you'll do:
- Defines team objectives, policies, procedures to meet
interpersonal goals. Ensures team SLOs and quality expectations are
met through monitoring metrics and reporting.
- Leads the development, implementation, and maintenance of Bank
AML/OFAC related systems, as applicable.
- Leads resources across all teams to achieve service and
relationship goals to include supervision of internal employees,
contractors and handling third-party vendor relationships.
- Responsible for developing, communicating, and training of new
and revised policies and procedures that enable team members to
meet functional goals and objectives and provide excellent member
experience.
- Identifies risks and issues, manage root cause analysis,
identify recommendations for solutions/mitigation escalate as
needed, to Bank AML/OAC Management and other key partners.
- Partners with Senior Management in developing strategy to meet
plans and objectives enhancing Bank AML/OFAC processes and
controls.
- Coordinates complex operational issues and/or resolution of
member partner concerns.
- May serve as project sponsor or business manager in special
projects or initiatives.
- Builds and leads a high performing team of professionals by
staffing, training, coaching, and developing and running
performance.
- Ensures risks associated with business activities are
effectively identified, measured, monitored, and controlled in
accordance with risk and compliance policies and procedures.What
you have:
- Bachelor's degree; OR 4 years of related experience (in
addition to the minimum years of experience required) may be
substituted in lieu of degree.
- 6 years of dynamic experience in Anti-Money Laundering/OFAC to
include experience developing and/or implementing BSA/AML/CIP/OFAC
policies, procedures, or systems in a financial services
industry.
- 2 years of direct supervisory or management experience.
- Advanced knowledge of Bank Secrecy Act, AML, OFAC regulations,
and the USA PATRIOT Act.
- Advanced knowledge of Bank products, processes, and/or
legal/regulatory requirements.
- Strong communication, prioritization, and problem-solving
skills.What sets you apart:
- Experience leading high performing operational teams within a
highly complex, detail oriented, and fast paced environment.
- Demonstrated ability to collaborate across multiple teams and
functions.
- Experience working with third party contractors.
- 4+ years of direct supervisory or management experience
- Related professional designations (e.g. CAMS, CFE etc.) or
actively pursuing.
- Proven experience leading teams across multiple time zones or
site locations.
- Proven ability to organize and prioritize workload, performing
multiple tasks and devising solutions to problems.
- US military experience through military service or a military
spouse/domestic partner.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.What we
offer:Compensation: USAA has an effective process for assessing
market data and establishing ranges to ensure we remain
competitive. You are paid within the salary range based on your
experience and market data of the position. The actual salary for
this role may vary by location. The salary range for this position
is: $89,990 - $161,990.Employees may be eligible for pay incentives
based on overall corporate and individual performance and at the
discretion of the USAA Board of Directors.Benefits: At USAA our
employees enjoy best-in-class benefits to support their physical,
financial, and emotional wellness. These 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 programs. Additionally, our career path planning
and continuing education assists employees with their professional
goals.For more details on our outstanding benefits, please visit
our benefits page on USAAjobs.com.Applications for this position
are accepted on an ongoing basis, this posting will remain open
until the position is filled. Thus, interested candidates are
encouraged to apply the same day they view this posting. -USAA is
an Equal Opportunity Employer. All qualified applicants will
receive consideration for employment without regard to race, color,
religion, sex, sexual orientation, gender identity, national
origin, disability, or status as a protected veteran.
Keywords: USAA, Chandler , Manager, Bank OFAC/AML, Executive , Phoenix, Arizona
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