Risk Consultant Specialist - Wealth, Corporate, Commercial and Institutional Banking

 

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed.  We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

SUMMARY

Wealth, Corporate, Commercial and Institutional Banking (WCIB) Risk Management has an opening for a Risk Consultant Specialist to provide compliance expertise to support trust, custody and Investment services within the Business Line. The WCIB Risk Consultant Specialist will be expected to collaborate with the business units and other Risk/Compliance/Audit (RCA) managers/teams to oversee implementation of an effective RCS framework within the business units providing trust, custody and Investment services. The RCS framework is inclusive of knowledge supporting processes, technology, risk identification and mitigation.

RESPONSIBILITIES

- Partners with WCIB Business Units and other Business Lines to assess BCIQ/PRISM changes, providing guidance throughout implementation to ensure alignment with applicable laws, rules, and regulations.

- Reviews/approves of external and internal materials with compliance risk via the CAT process, as needed. Review for adherence with applicable compliance requirements.

- Engages in TPRM assessments by evaluating the completion of ongoing management activities performed by the business unit. Identify findings as applicable and work with appropriate stakeholders to resolve Compliance related findings.

- Provides impact and gap assessments as a Policy Functional Owner and collaborates with the business line, as needed. Provide oversight during the implementation of required changes to ensure alignment with enterprise policy.

- Responsible for the creation, annual review and maintenance of applicable procedures identified as part of policy requirements and/or business line processes. Procedures can include Volcker, RNDIP, Reg R., etc.

- Provides expert consultation to WCIB audit and exam teams to support engagement with internal and external audit and quality assurance partners, as applicable.

- Assists with issue management, issue vetting and remediation efforts as needed to support timely resolution and risk mitigation for issues with applicable compliance risk.

- Operates independently within the WCIB risk framework, often with tight deadlines and multiple, concurrent projects.

- Partners with WCIB business line and business unit leaders, WCIB risk partners, and the Second Line of Defense Risk subject matter experts.

- Focused on embracing and driving innovation and automation throughout the WCIB processes.

- Escalates potential risks or concerns as appropriate

REQUIRED

- Typically, more than eight years of applicable experience in risk management environment

- Bachelor's degree, or equivalent work experience

PREFERRED

- Considerable knowledge of applicable laws, regulations, financial services, and regulatory trends that impact WCIB, specifically within the trust, custody and investments products and services

- Demonstrated ability to appropriately influence in a collaborative environment

- Ability to manage multiple tasks and deadlines simultaneously

- Considerable understanding of the business line’s operations, products/services, systems, and associated risks/controls

- Considerable knowledge of Risk/Compliance/Audit competencies

- Strong interpersonal and management skills

- Strong process facilitation, project management, and analytical skills

- Excellent written and verbal communication skills

- Proficient computer skills, especially Microsoft Office applications

- Ability to work independently in a fast-paced and dynamic environment

This position 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.

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

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.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

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: $119,765.00 - $140,900.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

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