AML Business Advisor I

About the position

As an AML Business Advisor I at USAA, you will play a crucial role in developing and implementing Anti-Money Laundering (AML) and Know Your Customer (KYC) solutions. This position focuses on influencing compliant business decisions and addressing complex business challenges while ensuring adherence to regulatory requirements. You will act as a subject matter expert, guiding the business in understanding and complying with key processes and regulations relevant to financial institutions.

Responsibilities

• Research, plan, develop, and implement AML/KYC initiatives to ensure compliance and product competitiveness.
• Consult with colleagues and partners in operational and risk functions to facilitate the development of business rules and requirements.
• Develop test strategies and criteria, assist with test execution, and resolve defects.
• Coordinate with stakeholders and project sponsors to ensure successful implementation of products and initiatives.
• Maintain understanding of primary regulations applicable to regulated financial institutions, including anti-money laundering and anti-bribery laws.
• Identify, measure, monitor, and control risks associated with business activities in accordance with compliance policies.

Requirements

• Bachelor's Degree or 4 years of related experience may be substituted in lieu of degree.
• 4 years of experience with credit cards and/or deposits or directly related experience.
• Proficient knowledge of relevant industry technology applications such as credit card/deposit processing systems and process mapping tools.
• Experience creating and implementing processes to enhance compliance adherence.
• Experience in building solutions in an agile environment.
• Experience in conducting research to identify root causes and process gaps.
• Knowledge of disciplined execution and risk management practices.
• Experience supporting business processes in a regulated environment.
• Knowledge of U.S. Bank Secrecy Act, PATRIOT Act, and Anti-Money Laundering Regulations.

Nice-to-haves

• 2-4 years of risk management experience in a BSA/AML environment.
• 2+ years of project and change management experience.
• 2-4 years' experience writing and maintaining operational processes with the end user in mind.
• Ability to operate in ambiguous environments while building strong relationships.
• Demonstrated critical thinking and problem-solving skills.
• Experience planning and managing strategic projects.

Benefits

• Comprehensive medical, dental, and vision plans.
• 401(k) and pension plans.
• Life insurance and parental benefits.
• Adoption assistance.
• Paid time off program with paid holidays and 16 paid volunteer hours.
• Various wellness programs.
• Career path planning and continuing education support.