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U.S. Bank Consumer Lending/Deposit Compliance Professional in Overland Park, Kansas

Consumer Lending / Deposits Compliance Professional: Partners with assigned line(s) of business (BLs), Risk/Compliance/Audit (RCA) Professionals, and RCA Managers to develop, implement, maintain, review or oversee an effective compliance risk management framework. Participate in projects and/or activities that ensure compliance with applicable federal, state and local laws and regulations. Facilitate the identification of gaps and/or weaknesses and drive solutions that minimize compliance risks and losses resulting from inadequate processes, systems or human errors. Proactively identify, respond to and/or escalate compliance risks as appropriate. May influence policies and procedures to minimize regulatory exposure. Serve as a functional liaison between the BLs and the lines of defense.

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Essential Duties of Position

• Assist with developing compliance programs and processes that are effective, efficient and sustainable; seek process improvements by re-assessing compliance functions and approaches.

• Comprehensively oversee the implementation and execution of business line controls to ensure effectiveness.

• Maintain an awareness of supervisory enforcement actions, legislative updates, new/amended regulatory requirements, industry trend and banking operations.

• Advanced knowledge of applicable regulatory requirements (Reg. B/ECOA, Reg. Z/TILA, Reg. E/EFA, Reg. DD/TISA, TCPA, etc.) and state laws impacting BLs supported.

• Serve as a valued business partner, trusted advisor and key contact for BL/Risk partners; exercise credible challenge and drive desired results.

• Proactively engage with BL partners to identify, assess, document and mitigate potential risks via comprehensive, actionable and informative assessments, including:

o Business/Product Change Risk Assessments (PRISM)

o Enterprise Compliance Risk Assessments (ECRA)

o Third Party Risk Management (TPRM)

o Compliance Approval Tool Reviews (CAT)

• Review and approve compliance training materials to ensure comprehensive and accurate.

• Issue resolution and complaint management oversight, monitoring, trending and escalation.

• Regulatory Change Management (RCM) oversight, guidance and escalation.

• Work with BLs to establish and maintain appropriate limits related to policies and procedures, control testing/monitoring, and reporting systems to ensure risks are appropriately identified, assessed, mitigated and monitored.

• Develop and produce management reporting for assigned compliance functions, as needed.

• Miscellaneous strategic initiative and project management support.


Basic Qualifications

  • Bachelor's degree, or equivalent work experience

  • Seven to ten years of applicable experience

Preferred Skills/Experience

  • Advanced knowledge of applicable laws, regulations, financial services, and regulatory trends that impact assigned BLs.

  • Advanced-level understanding of the business lines’ operations, products/services, systems, and associated risks/controls.

  • Strong leadership and management skills of processes, projects and people.

  • Excellent written/verbal communication and interpersonal skills.

  • Strong analytical, problem-solving, relationship and negotiation skills.

  • Excellent project management and organizational skills, including: planning, prioritization and attention to detail.

  • Proficient computer skills (Microsoft Office applications).

Job: Risk/Compliance/QC/Audit/Fraud

Primary Location: Minnesota-MN-Minneapolis

Shift: 1st - Daytime

Average Hours Per Week: 40

Requisition ID: 190015977

Other Locations: Missouri-MO-Saint Louis, Ohio-OH-Cincinnati, United States

U.S. Bank is an Equal Opportunity Employer committed to creating a diverse workforce.

U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.