U.S. Bank WMIS Risk Professional in Milwaukee, Wisconsin
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Job DescriptionThe Wealth Management Investment Services (WMIS) Risk Professional is considered an expert in applicable laws, regulations, financial services, and regulatory trends.
Job scope and complexity of assigned business is broad and very complex.
This role has an in-depth level understanding of the Bank's Operational Risk Management program and policies, trust and custody operations, products/services, systems and associated risks/controls.
The primary functions of this position are: - Manage first line of defense audits - Identify, open, and manage new issues - Test issues for sustainability and closure
They may lead reporting, testing/monitoring, exception or resolution activities and providing guidance where needed. They typically interact directly with senior managers requiring an advanced level of presentation, relationship building and negotiation skills
Incumbent has a bachelor’s degree and three to five years applicable experience. Key Risk Management Duties may include task functions such as: - Identifying and managing the associated risks, including Key Risk Indicators, - Reviewing and making recommendations to the control environment, - Participating in risk related projects, - Participate in projects to address gaps in business unit processes to comply with corporate risk policies and business unit procedures, and - Escalates risks as appropriate
Basic Qualifications - Bachelor's degree, or equivalent work experience - Three to five years of applicable experience
Preferred Skills/Experience - Thorough knowledge of applicable laws, regulations, financial services, and regulatory trends that impact trust and custody operation - Securities, mutual fund, trust and custody operations experience preferred - Thorough knowledge of Risk/Compliance/Audit competencies - Ability to independently perform risk and control assessments from due diligence stage to assessment closure. - Excellent written and verbal communication skills - Proficient computer skills, especially Microsoft Office (specifically advanced Excel functions and Access) applications - Strong attention to detail - Ability to research independently, think critically and problem solve - Driven, with initiative and accountability - Organized, ability to work under pressure during high volume times
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.
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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.