U.S. Bank Portfolio Risk Manager - Minneapolis or Portland in Cincinnati, Ohio
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.
Credit Risk Management (CRM) provides independent oversight of enterprise credit risk, risk governance, and control. CRM is also responsible for establishing credit risk management, strategy, policies and practices. CRM’s primary objective is to support a comprehensive and proactive approach to risk management that promotes a strong risk management culture. CRM works with the business line and other corporate oversight groups to establish policies, standards, and limits that align with U.S. Bancorp’s risk appetite, and monitors and reports on existing and emerging risks and compliance with U.S. Bank’s risk appetite. Specifically, this role will provide credit risk management oversight for the Business Banking portfolios
Manage policies and procedures used to evaluate and control credit risk
Monitor and test compliance with risk appetite and policies
Conduct in-depth research and analyze portfolios to identify emerging risks or trends. Independently determines what constitutes an emerging risk trend based on knowledge of the portfolio.
Provide oversight and independent challenge to the business line through review, inquiry and discussion
Work with business lines to mitigate or remediate identified risks
Aggregate and analyze internal and industry data to provide information regarding portfolio performance relative to the industry and develop recommendations for managing risk
Proactively identify reporting gaps and process improvement opportunities to support the groups strong risk management culture
Manage multiple projects and analyses and ensure deadlines are met.
Works with corporate Technical Operations Systems (TOS) group to ensure risk related IT projects are completed satisfactorily. Participates in cross-functional and TOS projects, working with business line peers and support project managers
Bachelor's degree, or equivalent work experience
10 or more years of applicable experience
Considerable knowledge of credit risk and financial analysis,
Knowledge of business banking products
Considerable knowledge of credit administration, policies, procedures and regulatory compliance
Intermediate to advanced skills with SAS, Power BI, Tableau and/or other data analysis tools
Experience with evaluating models or scorecards used in credit decisioning
Intermediate knowledge of Salesforce and/or nCino
Effective verbal, interpersonal and written communication, presentation, organizational and prioritization skills
PC proficiency utilizing a variety of software including Microsoft Word, Excel, PowerPoint, etc.
Ability to work independently with minimal guidance from manager
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) .
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.