R0107705 Manager Anti-Money Laundering Compliance- Currency Transaction Reports

Why USAA?

At USAA, our mission is to empower our members to achieve financial security through highly competitive products, exceptional service and trusted advice. We seek to be the #1 choice for the military community and their families.

Embrace a fulfilling career at USAA, where our core values – honesty, integrity, loyalty and service – define how we treat each other and our members. Be part of what truly makes us special and impactful.

The Opportunity

We are seeking a dedicated Manager of Anti-Money Laundering Compliance specializing in Currency Transaction Reports (CTR). The ideal candidate must possess a robust understanding of FinCEN regulations and a proven track record in regulatory reporting, with over two years of experience in CTR and Suspicious Activity Report (SAR) electronic filing. This role involves leading a team to implement best-in-class AML practices, ensuring compliance with the USA PATRIOT Act and OFAC requirements. Collaboration with various business lines is essential to effectively prevent and report suspected money laundering and terrorist financing activities.

We offer a flexible work environment that requires an individual to be in the office 4 days per week. This position can be based in one of the following locations: San Antonio, TX, Plano, TX, Phoenix, AZ, Colorado Springs, CO, Charlotte, NC, or Tampa, FL.

Relocation assistance is not available for this position.

What you'll do:

• Leads the daily operations of AML staff by coordinating alert/case volumes and providing ongoing mentoring and training.
• Serves as the primary resource to team members on raised AML detection/investigative issues and provides feedback to the team.
• Responsible for management functions including new employee selection, employee development, performance evaluation, and corrective action.
• Builds and implements unit objectives and policies and procedures to meet organizational goals and objectives in support of USAA and its membership.
• Coordinates and manages designated AML prevention and detection environments and ensures regulatory and reporting requirements are met.
• Provides decisions on rules for money laundering activities and filing of referrals.
• Interacts with law enforcement and industry and regulatory authorities, as appropriate.
• Implements tactical and operational business compliance requirements.
• Identifies and implements corrective action for any outstanding AML or BSA (Bank Secrecy Act) and OFAC compliance issues.
• Produces high quality narratives within Detection alerts and discusses with leadership.
• Collaborates with senior management in developing strategy, business plans/objectives for the AML/BSA team.
• Represents the AML/BSA unit on various committees, working groups and complex projects, or initiatives.
• Leads training sessions on AML awareness and processes.
• Maintains AML authority knowledge and stays ahead of money laundering typology trends within USAA and industry wide.
• Advises senior management of AML risk exposure based on suspected activity or employee misconduct or collusion related to ML/TF activity

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 experience in financial crimes detection/investigations to include 4 years AML experience within the financial services industry.
• 2 or more years of direct team lead, supervisory or management experience.
• Solid understanding and application of BSA, AML, OFAC/Sanctions, and other AML regulatory policies.
• Proficiency in Microsoft Office products.
• Experience reviewing, editing, and mentoring on financial crimes investigation cases.
• Demonstrated strong written and oral communication skills to include communications to executive management.

What sets you apart:

• In-depth knowledge of FinCEN regulations and requirements for Currency Transaction Report (CTR) and Suspicious Activity Report (SAR) electronic filing.
• Two years of experience in regulatory reporting and comprehensive understanding of FinCEN/BSA regulatory reporting practices.
• Excellent verbal, written, presentation and interpersonal communication skills.
• CAMS, CFE, or equivalent certification.

Compensation range: The salary range for this position is: $93,770 - $179,240.

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.

Employees may be eligible for pay incentives based on overall corporate and individual performance and at the discretion of the USAA Board of Directors.

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.

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, 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.