Job DescriptionThe
Merchant Payment Services (MPS) Card Network Risk Advisory role is tasked with providing risk support to the MPS North America organization, Payment Facilitator, and Value Added Services Teams. This individual will build strong relationships with the respective teams, including leadership, as well as other Risk/Compliance/Audit (RCA) professionals and managers to ensure compliance with laws, rules, and Card Network regulations.
Position HighlightsThe Risk Advisor's primary responsibilities will be to ensure their assigned areas have an adequate control framework in place and is working within those boundaries and is also responsible for training different levels and new staff as assigned. This position typically interacts directly with senior managers requiring an advanced level of presentation, relationship building and negotiation skills. This position may also have occasional exposure to regulatory agencies.
Additional responsibilities:
- Partners with their assigned Line of Business, other Risk/Compliance/Audit (RCA) professionals, and RCA Managers to, depending on their function, create, implement, maintain, review or oversee an effective risk management framework, including applicable Card Network rules/regulations
- Participates in projects and/or activities that ensure compliance with applicable federal, state, and local laws and regulations
- Identifies gaps and inform solutions that minimize losses resulting from inadequate internal processes, systems or human errors
- Identifies, responds and/or escalates risks as appropriate. Serves as a functional liaison between the Line of Business and the Lines of Defense
Basic Qualifications- Bachelor's degree, or equivalent work experience
- Typically more than six years of applicable experience
Preferred Skills and Experience- Considerable knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business
- Considerable understanding of the business line's operations, products/services, systems, and associated risks/controls
- Thorough knowledge of Risk/Compliance/Audit competencies
- Strong analytical, process facilitation and project management skills
- Effective presentation, interpersonal, written and verbal communication skills
- Effective relationship building and negotiation 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
Hybrid/flexible scheduleThe role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.
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: $94,010.00 - $110,600.00
Posting may be closed earlier due to high volume of applicants.