Business Banking Risk Director

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

The Business Banking Risk Director will partner with Senior to Executive Leaders in Consumer and Business Banking, specifically the Small Business Banking Business Unit, as well as RCA Consultants, RCA Managers and other Senior RCA Managers to oversee the successful creation, implementation, and maintenance of an effective risk management framework. They will be accountable for oversight of regulatory exams, internal audits, issue management, and customer remediation activities for Business Banking. They will also be engaged in projects and/or activities that ensure compliance with applicable federal, state, and local laws and regulations. They will act as a strong partner and liaison to assist Business Banking with identification of gaps and drive solutions that minimize losses resulting from inadequate internal processes, systems, or human errors. As a Senior Leader within the Risk organization, they will be responsible for active identification, response and/or escalation of risks as appropriate. They may be accountable to the policies and procedures to maximize profit potential and minimize regulatory exposure. They will be accountable to an effective partnership between the Line of Business and the Lines of Defense

Basic Qualifications

- Bachelor's degree, or equivalent work experience

- 15 or more years of experience in an applicable risk management environment

- Applicable certifications

Preferred Skills/Experience

- Operational understanding of Business Banking business processes

- Expert understanding of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business.

- Ability to interact regularly with senior and executive management and possess advanced relationship, negotiation, and business acumen skills.

- Strong written and verbal communication.

- Advanced skill in handling stressful situations.

- Superb critical thinking and analytical skills.

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

- Experience with exposure to regulatory and other agencies.

- Ability to manage teams of RCA Professionals, and have responsibility for staffing, performance management, prioritizing, guidance, and training.

- An advanced degree or equivalent

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 (some may vary based on role, location or hours):

• 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

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 Immi