EDD/AML Analyst

Job Description:

EDD/AML Analyst Summary:

Signature Consultants is seeking a EDD/AML Analyst for an opportunity in Minneapolis, MN. This Analyst position is responsible for assisting the Manager with overseeing compliance with new or updated Enterprise AML requirements and policies; ensuring the Payments businesses understand the changes and assisting with the implementation of corresponding changes in their AML programs. This position will also facilitate and participate in analyses of AML related reviews (i.e., gap analyses, risk assessments), and serve as a liaison with the Payments businesses and Enterprise Financial Crimes Compliance (EFCC) on regulatory and policy matters. Effectiveness will be measured based on successful and timely implementation of enterprise requirements in the businesses, continuous progress on projects related to implementing enterprise requirements, and delivering excellent support to the Payments businesses and our EFCC partners.
The position will primarily work with internal Payments team members (CRO, RPS, CPS, & Elavon), as well as other internal U.S. Bank departments (i.e. EFCC, Risk, Audit) to effectively coordinate, implement, execute, and monitor the AML program initiatives and expectations.

Responsibilities: 

• Promote a strong culture of understanding and compliance with all AML related Bank policies, regulations and laws.
• Coordinate the implementation of AML/BSA/OFAC related Enterprise requirements with each Payments business, to ensure compliance in the time frame required.
• Coordinate and facilitate work sessions with the Payments businesses and EFCC to ensure work efforts are sufficient to meet project timelines, escalating concerns when appropriate.
• Assist the Payments businesses by interpreting Enterprise policies into practical actions that clarify responsibilities and accountability.
• Update the Payments businesses on Enterprise or Regulatory changes.
• Facilitate and track communication between Payments and EFCC, including coordinating the aggregation of Payments feedback to changes presented by the EFCC.
• Facilitate and track the timely completion of enterprise assessments and reviews.
• Assist with maintaining a current record of the status of AML related initiatives, to support reporting and the production of meeting materials
• Hogan, Fusion, Actimize, Regulatory Data Corporation (negative news screening) – experience in at least one of those is a must. 

About Signature Consultants, LLC

Headquartered in Fort Lauderdale, Florida, Signature Consultants was established in 1997 with a singular focus: to provide clients and consultants with superior staffing solutions. For the eighth consecutive year, Signature was voted as one of the “Best Staffing Firms to Work For” and is now the 15th largest IT staffing firm in the United States (source: Staffing Industry Analysts). With 26 locations throughout North America, Signature annually deploys thousands of consultants to support, run, and manage their clients’ technology needs. Signature offers IT staffing, consulting, managed solutions, and direct placement services. For more information on the company, please visit www.sigconsult.com.