U.S. Bank Independent Issue Validation Manager in Boston, Massachusetts
At U.S. Bank, we're passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, we’re one of the country's most respected, innovative and successful financial institutions. 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.
The Independent Issue Validation (IIV) team performs independent validation of the remediation of outstanding regulatory issues to ensure that regulatory concerns have been adequately addressed by the issue owner and the remediation is sustainable. The regulatory issues could be originated by various regulatory agencies of the bank and pertain to different risk disciplines including credit risk, compliance risk, operational risk, information security risk, among others. The IIV manager serves an important role in providing guidance to the IIV validation team on the validation approach and scope to ensure corrective actions implemented by the issue owner adequately addressed the root cause of the issue. This is accomplished through reviewing and challenging process improvements implemented, performing independent testing, and identifying potential gaps. The manager should be able to effectively communicate with various stakeholders involved in the issue remediation, critically identify and assess the key elements of the issue remediation, and provide effective challenge; demonstrate the ability to learn about new subject matters; and partner with other independent review teams to leverage their subject matter expertise. Be able to manage and oversee multiple regulatory issues and ensure the timely completion of validation. Provide effective review and edits of validation reports. Accountable for the active identification, response and/or escalation of risks as appropriate. Accountable for an effective partnership between the Line of Business and the Lines of Defense.
Bachelor's degree, or equivalent work experience
15 or more years of experience in an applicable risk management environment
Considerable knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business
Considerable knowledge of the business line's operations, products/services, systems, and associated risks/controls
Expert knowledge of Risk/Compliance/Audit competencies
Ability to manage job scope and complexity of assigned business at the departmental and/or division level
Strong leadership and management skills of processes, projects and people
Excellent written and verbal communication skills
Strong analytical, problem-solving and negotiation skills
Proficient computer skills, especially Microsoft Office applications
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 (https://careers.usbank.com/global/en/disability-accommodations-for-applicants) .
Take care of yourself and your family with U.S. Bank employee benefits. We know that healthy employees are happy employees, and we believe that work/life balance should be easy to achieve. That's why we share the cost of benefits and offer a variety of programs, resources and support you need to bring your full self to work and stay present and committed to the people who matter most - your family.
Learn all about U.S. Bank employee benefits, including tuition reimbursement, retirement plans and more, by visiting careers.usbank.com .
EEO is the Law
Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) poster.
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 (https://careers.usbank.com/verification-of-eligibility-for-employment) .
Salary range reflected is an estimate of base pay and is for the primary location. Base pay range may vary if an offer is made for work in a different location. Pay Range: $135,490.00 - $159,400.00 - $175,340.00
Due to legal requirements, U.S. Bank requires that the successful candidate hired for some positions be fully-vaccinated for COVID-19, absent being granted an accommodation due to a medical condition, pregnancy, or sincerely held religious belief or other legally required exemption. For these positions, as part of the conditional offer of employment, the successful candidate will be asked to provide proof of vaccination or approval for an accommodation or exemption upon hire.
U.S. Bank will consider qualified applicants with criminal histories in a manner consistent with the San Francisco Fair Chance Ordinance.
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.