Job Description

SUMMARY

This position will support Comprehensive Capital Analysis & Review (CCAR) and Capital Risk Management teams focusing on risk identification in processes performing capital adequacy, regulatory capital requirements and capital planning activities. The role will be the initial point of escalation for existing and emerging risks, provide guidance and engage other risk management teams as needed to manage the risk and control inventory, risk artifacts, and reporting to reflect changes to the business line and support strategic projects.

RESPONSIBILITIES

Partners with leaders in their assigned Line of Business, Risk/Compliance/Audit (RCA) Consultants, and other RCA Managers to, depending on the function, oversee the successful creation, implementation, and maintenance of an effective risk management framework. Support strategic priorities to identify impacts to risk management frameworks and operational outcomes and design mitigations and controls prior to go live. Lead projects and/or activities that ensure compliance with applicable federal, state, and local laws and regulations. Facilitate the identification of gaps and drive solutions that minimize losses resulting from inadequate internal processes, systems, or human errors. Ensures the active identification, response and/or escalation of risks as appropriate. May influence policies and procedures to maximize profit potential and minimize regulatory exposure. Accountable for an effective partnership between the Line of Business and the Lines of Defense.

BASIC QUALIFICATIONS

- Typically more than 10 years of applicable experience.
- Bachelor's degree, or equivalent work experience.

PREFERRED SKILLS/EXPERIENCE

- Advanced knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business, specifically Dodd Frank Reg Q and Reg YY.
- Advanced understanding of the Capital measurement, including construction and defense of capital ratios, forecasting, and reporting processes.

- Thorough knowledge of Risk/Compliance/Audit competencies.
- Exercising leadership without organizational hierarchy.
- Effective written and verbal communication skills and tailoring of communications for multiple levels of management.
- Strong analytical, problem-solving and negotiation skills.
- Proficient computer skills, especially Microsoft Office applications.
- Applicable professional certifications.

LOCATION EXPECTATIONS

- This role requires working onsite from a U.S. Bank location three or more days per week.

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.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $133,365.00 - $156,900.00

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