Aml Transaction Monitoring Jobs in Arizona (NOW HIRING)

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This role is an individual contributor position within the Bank's Enterprise Financial Crime Compliance (EFCC) organization. The person in this role will join a team of Financial Intelligence Unit (FIU) analysts which focuses on the ongoing monitoring, testing, and governance of AML Transaction Monitoring models.

The individual will partner closely with model owners, Model Risk Management, internal and external auditors, and senior leadership to evaluate model behavior, identify emerging risks, and support enhancements to AML monitoring capabilities across the enterprise. This team is integral to maintaining and enhancing the Bank's Anti-Money Laundering Transaction Monitoring systems.

The ideal candidate for this role should possess a strong eye for code review, thorough understanding of model risk, previous experience with BSA/AML monitoring tools, and be familiar with SAS, SQL, and Python. Moreover, candidates should demonstrate robust skills in data science, model evaluation, and documentation of findings.

This individual is expected to be highly self-driven, well-organized, and efficient in time management, capable of handling multiple tasks at once. Responsibilities include performing ongoing monitoring and performance assessments of AML Transaction Monitoring models, conducting comprehensive code reviews and code change assessments, and executing below-the-line testing of model thresholds. Each task requires comprehensive, wellstructured documentation of analyses and conclusions such that work can be independently understood, reviewed, and defended without additional explanation.

Essential Functions:

• Execute and document periodic testing, validation support, and performance reviews in alignment with regulatory expectations and internal risk standards.

• Review and challenge model behavior, limitations, and assumptions; identify potential control gaps and recommend remediation actions.

• Conduct comprehensive code reviews and code change assessments for AML Transaction Monitoring models to ensure alignment with documented intent, coding standards, and regulatory requirements.

• Provide clear, constructive feedback to model and code owners, supporting effective issue resolution and continuous improvement.

• Maintain and enhance internal tracking tools supporting code review and governance activities.

• Assess model threshold & sampling soundness through BelowtheLine (BTL) reviews and support ongoing calibration decisions

• Prepare and present materials for audiences including senior leadership, Model Risk Management, Corporate Audit, and regulatory partners.

Basic Qualifications

- Bachelor's degree in a quantitative field, and five or more years of relevant experience
OR
- MA/MS in a quantitative field, and three or more years of related experience
OR
- PhD in a quantitative field, and less than two years of related experience

Preferred Skills/Experience

• Experience working with quantitative models, analytics, or monitoring frameworks in a regulated environment

• Proficiency in SAS, SQL, and Python for data analysis, testing, and automation

• Strong analytical skills with attention to detail and the ability to evaluate complex model behavior

• Experience supporting AML/BSA Transaction Monitoring systems or financial crime detection tools. Understanding of AML best practices and regulatory expectations.

• Ability to work independently while managing multiple priorities in a fast-paced environment

• Ability to clearly communicate (verbally and in writing) model performance, risks, and recommendations, tailoring technical depth to the target audience

• Selfdirected problem solver who identifies gaps and resolves issues independently

LOCATION EXPECTATIONS: This role requires working from a U.S. Bank Location three (3) or more days per week.

If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to ourdisability accommodations for applicants.

Benefits:

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:

• 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

• Adoption assistance

• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

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 theE-Verify program.

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.