U.S. Bank Strategic Initiatives Agile Risk Consultant in Minneapolis, Minnesota
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 DescriptionConsumer and Business Banking (CBB) Risk Management has an opening for an Agile Risk Consultant to support the Business Banking Strategic Initiatives (Strategic Initiatives) team. The CBB Agile Support team is responsible for providing strategic risk management expertise and risk leadership for the Strategic Initiatives Experience Studios and their key initiatives. This role will specifically support the work performed in the Business Banking Agile Risk Studios including BDMA/Ecosystem, Consumer Lending/Deposits, and Microbusiness by providing compliance and operational risk subject matter expertise in a number of key risk areas including Privacy, Truth in Savings, Fair and Responsible Banking, Equal Credit Opportunity Act, Bank Secrecy Act/Anti-Money Laundering, Third Party Risk Management, Information Security, Electronic Funds Transfer, Expedited Funds Availability, Fraud and others.
Specific functions/responsibilities of this role include: Provide compliance and operational risk subject matter expertise to support strategic initiatives
Establish and maintain appropriate systems of risk management and internal controls to support business objectives, maintain acceptable risk appetite/tolerances and comply with applicable laws and regulations
Operate independently within the CBB framework, often with tight deadlines and multiple, concurrent projects
Partner with CBB business line leaders, the Centralized Agile Studio team, and the Second Line of Defense Risk subject matter experts
Collaborate with multiple levels of CBB to identify and service specialized needs across the different business lines
Utilize knowledge of the U.S. Bank enterprise risk management framework as it applies to CBB.
As part of the CBB Risk Experience Studio Support Team, the Agile Risk Consultant will partner with Project owners, Project team participants, Business Leaders, RCA Consultant/Managers in first and second line to ensure risks are properly identified and mitigated as part of the Project. Additionally, the Agile Risk Consultant will ensure adherence to the Enterprise Risk Management Framework as well as compliance with applicable federal, state and local laws and regulations. He/she will also be accountable for an effective partnership between the Line of Business and the Lines of Defense. The Agile Risk Consultant will be working in an Agile Experience Studio environment.
Key Responsibilities for supporting the CBB Risk Experience Studio Support Team: Responsible for risk management for assigned Business Banking projects
Provide risk expertise to ensure compliance with existing Risk policies. Engage SMEs, as needed, but ultimately responsible for making decisions and accountable for the decisions made
Utilize existing enterprise risk management framework to ensure risk partners across the enterprise are engaged and informed, as needed (e.g., PRISM, CAT, TPRM, etc.)
Make informed risk decisions expeditiously to ensure consistent and timely risk support for the project teams
Navigate all risk approvals, as needed, including BCI, BCRA/PRISM, and CAT. This may also include TPRM, EFCC, Model Governance
Keep Risk Leader informed of all risk decisions
Support studio work associated with regulatory agencies and Corporate Audit Services or regulatory agency audits/exams
Lead and/or support CBB in an anticipatory posture related to the rapidly changing risk and compliance environment, while balancing process efficiencies and customer experience
Maintain appropriate systems of risk management and internal controls to support business objectives, maintain acceptable risk appetite/tolerances and comply with applicable laws and regulations
Provide training and support as needed
Escalate potential risks as appropriate
U.S. Bank’s risk management structure is designed to promote effective governance and risk management that is systematic, transparent, credible, timely, and verifiable through clear delineation and execution of key roles and responsibilities. Its goal is to manage risks that may impact the company, including credit, financial, liquidity, market, operational, reputational, strategic, and other risks as appropriate.
Basic Qualifications - Bachelor's degree, or equivalent work experience - 10 or more years of applicable experience
Preferred Skills/Experience - Proven experience and subject matter expertise of compliance and operational risks related to small business and consumer products - Comprehensive knowledge and experience with the industry, products, policies, operations and procedures related to Small Business Banking, Microbusiness, Talech, and Elavon - Strong professional presence to support regular interactions with senior management - Demonstrated skills in leadership and management of process, projects and people - Strong analytical skills and strategic thinker - Strong collaboration, interpersonal, management, and ability to interact and present to management - Previous experience in Agile work environment preferred - Ability to work in an open, fast-paced and dynamic environment - Ability to research and manage multiple projects and deadlines simultaneously - Demonstrated oral and written communication and interpersonal skills, planning and implementation skills and negotiation skills - Strong PC literacy in word processing, spreadsheets, databases, and presentations is required - Additional Certifications preferred (e.g., CRCM)
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.
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 poster.
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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: $105,400.00 - $124,000.00 - $136,400.00
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.