Purpose of Job
About USAA
USAA knows what it means to serve. We facilitate the financial security of millions of U.S. military members and their families. This singular mission requires a dedication to innovative thinking at every level.
We are seeking a dedicated Anti-Money Laundering Compliance Analyst II-Detections to work in a hybrid schedule from one of our regional offices in San Antonio, TX, Plano, TX, Phoenix, AZ, Tampa, FL, or Charlotte, NC facility.
USAA values a culture that is highly collaborative, and we have found that a hybrid work type helps employees gain the best of both worlds - collaborating in-person in the office and working from home. The actual onsite days are settled between each employee and the employee's manager. Candidates are expected to live a commutable distance from one of our offices in San Antonio, TX, Plano, TX, Phoenix, AZ, Tampa, FL, or Charlotte, NC.
Performs a variety of duties to assist the Enterprise with compliance of the Bank Secrecy Act (BSA), Office of Foreign Assets Control (OFAC), USA PATRIOT Act, and other anti-money laundering program requirements. Team is responsible for reviewing transactional data to detect and intensify potential suspected money laundering and terrorist financing activities to AML Investigations or AML Special Investigations.
Job Requirements
Primary Responsibilities:
Utilizes an Anti-Money Laundering (AML) case management tool and other internal software-driven systems to monitor, research and analyze trends related to member transactional activity for moderately complex alerts/cases.
Utilizes knowledge of financial products, systems, and processes in all lines of business to detect and analyze red flags for money laundering and terrorist finance activity.
Refers unusual/out of pattern transactional activity to the Anti-Money Laundering Investigations (AMLI) team with analysis and summary of findings
Occasionally assists with validation/testing of current alert scenarios, systemic alerts, and manual referrals.
Identifies and recommends potential solutions that monitor, detect, or prevent money laundering or terrorist finance activity in a more efficient manner.
Produces quality narratives for generated alerts.
Minimum Qualifications:
Bachelor's degree required, or 4 additional years of related experience beyond the minimum required may be substituted in lieu of a degree (6 years total experience).
2 years general analysis experience within a financial service, compliance and/or relevant law enforcement industry.
Basic knowledge in BSA, AML, OFAC/Sanctions, and other AML regulatory policies.
Ability to work alerts in a fast-paced environment while maintaining high quality scores.
Possess demonstrated written and oral communication skills.
Previous experience using MS Office.
Preferred Qualifications:
Knowledge of detection/transaction monitoring of account activity, AML, financial crimes, compliance and/or law enforcement.
Experience performing analysis on AML functions such as: AML alerts, investigations, and reviewing member profiles to mitigate the activity in account.
Understanding of Suspicious Activity Reports (SAR) filing.
Exposure to working in a production-based environment with the ability to manage multiple reviews and deadline driven.
Strong understanding of SharePoint, and Microsoft products.
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 competitive. You are paid within the salary range based on your experience and market position. The salary range for this position is: $ 51,700-$93,200.
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 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.
To see details on our outstanding benefits, visit USAA Total Rewards.
Relocation assistance is not available for this position.
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.
USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.
