U.S. Bank TPRM Risk Consultant - Minneapolis, MN or Telecommute 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.
The Third-Party Risk Management Risk Consultant is responsible for managing, monitoring and coordinating Third Party Risk Management (TPRM) for assigned business line(s) and portfolios with an emphasis on higher risk designated Third Parties.
The successful candidate will demonstrate business knowledge of banking-related products, services, and their related risks and understand the impact of government legislation fundamentals related policies, procedures, and processes that support the second line of defense risk program.
The candidate will engage in credible challenge, project management, relationship development, contract reviews, procedural development and maintenance and user acceptance testing of the TPRM technology known as RSA Archer.
Business Knowledge: Understands U.S. Bank business line products and services to identify and address with third parties the associated risks and controls. Demonstrates ability to recognize the relevance of risk trends, issues and potential risk exposure, and recommends actions to address / remediate.
Technical knowledge: Demonstrates a technology perspective that allows rapid identification of optimal risk mitigation activities. Collaborates with stakeholders in the resolution of issues that may be discovered in the process of risk assessment or ongoing management of a third party relationship.
Regulatory Fundamentals: Demonstrates general knowledge of the laws and regulations governing TPRM, can identify key risk and controls of the business line third party relationships, and is able to convey all elements of the TPRM program to meet internal audit and OCC/Regulatory requirements.
TPRM Fundamentals: Conversant in the application of regulatory guidance to the TPRM governance documentation and corporate policies governing third party risk management. Understands the importance and demands of examinations by internal/external auditors and regulatory examiners. Works directly with business lines, subject matter experts and other constituents to ensure compliance with applicable regulations and internal policies and procedures. The assigned portfolio consists of third party assessments and reporting. Audit and credible challenge of discrepancies and data conflicts will be performed along with approvals of internal and external assessments for completeness, consistency and accuracy prior to third party engagement. The platform used to manage the TPRM Program is RSA Archer.
Communication and Relationship Building: Builds and maintains positive relationships with management, business line, third party teams, TPRM team members, and stakeholders across U.S. Bank using effective written and oral communication practices, and is able to tailor communication to the audience level of understanding. Fosters collaboration internally through diplomacy and assertiveness across the U.S. Bank enterprise while drawing in diverse groups to share ideas, information and resources to strengthen the TPRM program. Builds cooperation and trust between departments, third parties, and other groups. Is able to influence others using program knowledge, negotiation methods, and is able to overcome objections to foster consensus among constituents.
Performance Development and Management: Models behavior that support the vision of TPRM and U.S. Bank. Sets clear, well-defined, desired outcomes for work activity and tracks progress while coping with challenging workloads. Able to adjust to and address competing priorities and urgent tasks.
3-5 years of applicable experience
Demonstrate business knowledge of banking-related products, services and relate how their associated risks may impact both U.S. Bank from a third party perspective
Understand the impact of government legislation fundamentals related policies, procedures, and processes with the ability to support the second line of defense risk program
Understanding of U.S. Bank business line products and services
CPA, CIA, CISA, and/or CTPRP certifications
IT Audit background
Financial Services' audit and regulatory background
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 at 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 at 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 at 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.