Foreign Exchange Operations Risk Support

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

We are seeking a Foreign Exchange Operations Risk Support. This Foreign Exchange Operations Risk Support will partner with Foreign Exchange Managers, Senior Leaders within the Line of Business, Risk/Compliance/Audit (RCA) Consultants, RCA Managers and other Senior RCA Managers to oversee the successful creation, implementation, and maintenance of an effective risk management framework.

An ideal candidate will have bring a strategic mindset, strong business acumen, and the ability to influence stakeholders at all levels. They are highly skilled at building effective risk frameworks, maintaining regulatory compliance, and driving operational excellence across complex financial environments

Key Responsibilities:

• Accountable for projects and/or activities that ensure compliance with applicable laws and regulations.

• Identifies gaps and drives solutions that minimize losses resulting from inadequate internal controls, processes, procedures, systems, or human errors. Accountable for the active identification, response and/or escalation of risks as appropriate.

• Influences 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.

• Bachelor's degree, or equivalent work experience

• 10 or more years of applicable experience

• Applicable professional certifications

Preferred Skills/Experience

• Works with risk partners to keep abreast of regulatory developments related to Foreign Exchange, and other capital markets businesses.

• 5 or more years of risk-based finance experience.

• Knowledge pertaining to Basel capital governance, compliance and risk management practices.

• Knowledge of capital markets businesses, e.g. Foreign Exchange and Derivatives, and appropriate risk management practices.

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

• Ability to build and manage a team of Business Risk professionals who have credibility and work directly with business line management, as appropriate

• Basic knowledge of Business Risk competencies

• Strong process facilitation and project management skills

• Strong presentation, relationship building and negotiation skills

• Possess business acumen and credibility to help business line(s) proactively identify and address changing workforce needs

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

• Thorough knowledge of Risk/Compliance/Audit competencies.

• Knowledge of risk management models, policies, and procedures.

• Effective skills at managing stressful situations.

• Effective written and verbal communication skills.

• Strong analytical, problem-solving and negotiation skills.

• Proficient computer skills, especially Microsoft Office applications.

This role requires working from a U.S Bank location three (3) or more days per week.

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 pa