Senior Compliance Officer

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 an experienced compliance professional to manage key Compliance functions, including the development and maintenance of policies and procedures, regulatory change management, external and internal reporting, and providing compliance guidance to business lines.

This position within Regulatory Support Services (RSS) will support Global Fund Services (GFS)’ Chief Compliance Officer (CCO) and Deputy CCO and will focus on various aspects of GFS’ compliance with applicable securities laws and regulations, as well as participation in larger compliance initiatives.

The role will include the following responsibilities:

• Provide support in the development and administration of the Compliance program.

• Develop and oversee client, senior management, and departmental reporting and metrics, including the review and approval of compliance events and client communications.

• Maintain and update policies and procedures, including the development of new policies, to meet domestic and foreign regulatory requirements and expectations (including Cayman Islands, EU, and other jurisdictions).

• Oversee and collaborate closely with corporate partners (e.g., Risk, Law Division, Corporate Compliance) and business lines to address federal and state regulatory changes, perform gap analyses, and support action plan development.

• Provide compliance direction and advice across all applicable areas of the business, including support for longer‑term compliance projects and internal and external audit matters.

• Assist with the preparation and review of regulatory documents and filings.

• Support corporate governance for domestic and offshore affiliates, including the review and preparation of Board materials for various GFS entities.

• Assist with strategic initiatives, including the implementation of new service offerings and vendor relationships.

• Support selected firm‑wide compliance initiatives and, in some instances, provide project management oversight (e.g., records management, data protection).

• Oversee project management for RSS departmental initiatives.

• Identify opportunities for process improvements and operational efficiencies within the team.

• Perform other duties as assigned.

Basic Qualifications
- Bachelor's degree, or equivalent experience
- Ten or more years of related experience

Preferred Skills/Experience
- Extensive knowledge of federal, state and local laws and regulations
- Thorough knowledge of the products, policies, operations and procedures related to the business unit
- Strong organization, analytical and project management skills
- Strong planning, implementation and negotiation skills
- Effective interpersonal, verbal and communication skills
- Proficient computer skills, especially Microsoft Office applications

The 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.

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

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