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U.S. Bank Senior Business Line Regulatory Review Manager in Charlotte, North Carolina

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.

Job Description

We have a excellent opportunity for the right individual to join US Bank’s to lead regulatory review for the Retail Payment Services organization. This is an integral role to ensure the organization is meeting our regulatory and compliance obligations. The role will manage a strong staff of regulatory and compliance specialists and lead the team to execute at a high level while promoting a collaborative environment. This position will give someone the opportunity to work across functions and partner with enterprise risk within a top financial services institution.

THE ROLE

The Senior Business Line Regulatory Review Manager is responsible for managing a sustainable Risk Control environment in which operational and compliance risk is mitigated through identification and resolution of process, testing and regulatory gaps. Works closely with peer level operational management in evaluating the compliance implications of planned business activities. Plans, organizes, directs, and controls the effective implementation of monitoring to facilitate the identification, assessment, and management of the risk of non-compliance with applicable laws, regulations, and policies. Ensures effective remediation of non-compliant situations within assigned areas, through the redesign of processes and testing of their effectiveness.

This position manages the RPS (Retail Payment Services) Risk Control environment (credit cards) which includes all governance-based obligations (e.g. Regulatory and Compliance), Issues, Change Control platform as well as the primary QC/QA processes for RPS Risk. Additionally, this position liaisons with Credit Risk Management for RPS Risk. The individual is responsible for managing a team of 9 FTE.

Responsibilities

  • Sustain profitability and growth of unit(s)

  • Provide strategic direction and leadership to pursue objectives of unit(s)

  • Create and maintain cost-effective programs for unit(s)

  • Actively ensure compliance with all US Bancorp policies and procedures

  • Decisions are made in conjunction with major corporation programs, plans or strategies

  • Independent action is normally required although other division or senior managers are usually consulted before final action is taken

  • Probable errors would have a material effect on major functions of the corporation

Qualifications

  • 10+ years of banking or other relevant work experience

  • 5+ years of management experience

  • BA/MBA in finance, accounting, or other related field

  • Well-developed leadership abilities and strategic management skills

  • Comprehensive understanding of assigned business line(s) and an in-depth knowledge of the legislation, regulations, compliance policies, and standards that apply to it

  • Well-developed verbal and written communication skills

  • Well-developed analytical, decision-making and problem-solving skills

  • Considerable tact, diplomacy and people skills

Benefits:

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 usbank.com/careers (https://www.usbank.com/careers/index.html) .

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.

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 Immigration Services. Learn more about the E-Verify program (https://www.usbank.com/careers/verification-of-eligibility-for-employment.html) .

Our 74,000 employees work across departments to help our millions of retail, business, wealth management, payment, commercial and corporate, and investment services customers across the country and around the world turn their dreams into reality. Our employees are empowered to create change and drive our future, and we pride ourselves on diligently and ethically upholding U.S. Bank’s best-in-class financial record and legacy of more than 150 years in banking. Most importantly, we put people first, cultivating and treasuring meaningful relationships with the customers we serve, the colleagues we support and the communities where we live and work.

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