U.S. Bank Strategic Consultant/Risk Manager in New York, New York
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.
Wholesale Portfolio Risk Management (WPRM) is responsible for portfolio management of the $300+ billion wholesale portfolio across U.S. Bank. The functions include risk identification, risk appetite, portfolio construction and asset allocation strategies, and management of concentration, correlation and specialized risks and the associated risk mitigation. The team provides independent risk management and governance. The Group works closely with the business and various other key constituents to build out a comprehensive and proactive approach to portfolio management that promotes a strong risk management culture, aligned with U.S. Bank’s risk appetite.
The Project / Risk Manager, as a part of Credit Risk Management, leads and provide direction and guidance and execution for a wide array of Wholesale Portfolio Risk Management strategic initiatives. Focus is on project planning and management to ensure that projects are completed to meet strategic objectives in a timely manner and to defined specifications. Working closely with Head of Wholesale Portfolio Management and other key team leaders, manage end to end project activities such as ensuring objectives met, project planning and timelines, coordination of key stakeholders, issue / risk identification and tracking, scope management, estimation, and other project documentation preparation for projects of high business complexity involving analytical projects in credit risk, portfolio management, credit products and derivatives. Using prior risk experiences, the candidate defines and manages the lifecycle from project initiation through to program closure. Manages and resolves risks, issues and dependencies. Measures and monitors project actuals costs, forecasts and budgets and updates plans with accurate, up-to-date information in a timely manner.
Bachelor's degree, or equivalent work experience
10 or more years of applicable experience
A Bachelor's / Master's degree or higher in technical field such as business, finance, mathematics, engineering, computer science, or statistics
10+ years of experience in banking and/or project management.
Project Management Professional (PMP) certification is beneficial.
Good knowledge and understanding of financial markets/products and in particular counterparty or derivatives product
Ability to develop a portfolio or strategy to determine drivers of performance and develop framework to assist with risk and portfolio management
Skilled at independently researching topics using all means available to discover relevant information
Strong communication and interpersonal skills. Will be collaborating with different quant teams, technology and data management partners, and various business stakeholders
Self-starter with the ability to maintain momentum and multi-task is paramount, seeking guidance where necessary
Ability to work in a team environment
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: $108,545.00 - $127,700.00 - $140,470.00
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 will consider qualified applicants with criminal histories in a manner consistent with the San Francisco Fair Chance Ordinance.
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.