Job DescriptionPerform reviews of lending and deposit activity to ensure bank policy is consistently followed and applied to all bank customers. Identify gaps and propose solutions that promote an effective risk management framework. Identify and/or escalate risks as appropriate. Serve as a functional liaison between the Line of Business and the Second Line of Defense. Participate in reviews and/or activities that ensure compliance with applicable Fair & Responsible Banking laws and regulations.
Primary Responsibilities:
- Conduct transactional reviews or critically challenge business line decisions (primarily underwriting and pricing) related to mortgage, auto finance, credit cards and other lending or deposit operations.
- Analyze review results in relationship to fair and responsible banking laws and regulations and identify factors that may contribute to elevated FaRB risk profile.
- Prepare well-documented work papers to support conclusions.
- Summarize results of the review and prepare analysis reports that succinctly identify the individual and aggregate risks identified during the review.
- Participate in the communication of review analysis with business line partners, including procedure and process gap analyses.
- Identify process improvements to enhance review procedures.
- Execute review protocols consistent with prudent statistical practices, review parameters and regulatory expectations.
- Ability to leverage statistical outcomes to focus on file review data analysis
- Keep abreast of business policies and FaRB related laws and regulations, guidance and other legal and regulatory developments which directly affect business practices to ensure review assessments are appropriately analyzing and identifying risk.
Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Typically 5+ years of applicable experience
Preferred Skills/Experience
- Advanced knowledge of loan origination, loan underwriting and loan pricing as applicable to laws, regulations, financial services, and regulatory trends that impact their assigned line of business
- Advanced understanding of financial services operations, products/services, systems, and associated risks/controls
- Advanced knowledge of Risk/Compliance/Audit competencies
- Strong analytical skills and project management acumen
- Excellent presentation, interpersonal, written and verbal communication skills
- Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications and word processing, spreadsheets, databases, and presentations
- Applicable professional certifications preferred
Location expectations This role requires working from a U.S. Bank location three (3) 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: $86,360.00 - $101,600.00
Posting may be closed earlier due to high volume of applicants. 
