U.S. Bank Jobs

Job Information

U.S. Bank IRM Domestic Manager - Institutional Risk Management (Hybrid) in Chicago, Illinois

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

This position has a critical function to manage financial counterparty credit analysis, credit approval and risk management processes for discretionary products to support the entire U.S. Bancorp network. Independently conducts credit underwriting of assigned financial counterparties and manages a team of credit analysts with sector coverage, including domestic banks, credit unions, insurance companies, broker dealers and asset managers. Analyzes credit fundamentals based on underwriting standards, assigns ratings, and establishes limits within the context of credit policy. Assist in developing new and optimizes existing business processes using a variety of process improvement and general risk management. Maintains credit procedures that provide guidance to appropriately identify and mitigate risks and is a subject matter expert contributor for credit policy of supported business lines. Responsible for credit approvals within lending authority for assigned business lines and portfolios including annual reviews, interim credit actions and transaction approvals. Responsible for monitoring multiple portfolios, identification of risk, risk changes and communicating to the affected business lines. Partners with the various lines of business and other RCA professionals to create, implement, maintain, review, or oversee an effective risk management framework and serves as functional liaison between the Line of Business and the Lines of Defense.

This position has extensive interaction with a broad array of business lines throughout the company. Business lines supported by this position include Depository Financial Institutions, Insurance, Security Industry & Investment Management, Foreign Exchange, Corporate Treasury, Capital Markets, Payment Systems, Leasing, and Wealth among others. Successful candidates exhibit strong abilities in the areas of organization, self-motivation, flexibility, and adaptability.

Basic Qualifications

  • Bachelor's degree, or equivalent work experience

  • Typically ten or more years of experience in an applicable risk management environment

-Advanced Microsoft Excel skills are a must

Preferred Skills/Experience

-Solid experience in credit analysis, credit approvals, counterparty risk and risk analysis.

-Knowledge in discretionary, counterparty products and associated risks.

-Ability to manage projects, gather data, organize ideas, and implement solutions.

-Demonstrated collaboration skills, a team-focused attitude, and the ability to mentor team members.

-Experience with capital markets derivative activities, syndicated credits and other counterparty and correspondent banking products and services.

-Strong organizational skills, keen attention to details and ability to adapt to change.

  • Expert knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business

  • Expert knowledge of the business line's operations, products/services, systems, and associated risks/controls

  • Advanced knowledge of Risk/Compliance/Audit competencies

  • 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: $125,715.00 - $147,900.00 - $162,690.00

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 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.