U.S. Bank Jobs

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

Partners with leaders in their assigned Line of Business, Risk/Compliance/Audit (RCA) Consultants, and other RCA Managers to, depending on the function, oversee the successful creation, implementation, and maintenance of an effective risk management framework. Lead projects and/or activities that ensure compliance with applicable federal, state, and local laws and regulations. Facilitate the identification of gaps and drive solutions that minimize losses resulting from inadequate internal processes, systems, or human errors. Ensures the active identification, response and/or escalation of risks as appropriate. May influence policies and procedures to maximize profit potential and minimize regulatory exposure. Accountable for an effective partnership between the Line of Business and the Lines of Defense.

ESSENTIAL FUNCTIONS :

• Maintain a high-performing Portfolio Compliance team (develop, coach, reward and recognize team members);

• Maintain a high level of knowledge of appropriate laws and regulations applicable to USBAM and PFMAM;

• Assist with the creation and maintenance of required policies and procedures as well as develop and deliver relevant training;

• Conduct reviews of policies and procedures as part of the annual compliance review;

• Provide compliance guidance and advice on investing-related projects and initiatives;

• Assist in the preparation for regulatory examinations;

• Demonstrate experience in taking a proactive role in all stages of compliance processes;

• Work effectively with a wide variety of individuals throughout organization, including investment professionals;

• Provide periodic assessments of compliance to management and applicable business units, and maintain records to meet compliance requirements;

• Monitor industry-wide portfolio compliance initiatives as well as important regulatory developments, conduct analyses as to how such developments impact USBAM or PFMAM, and advise the business on emerging compliance issues; and

• Communicate with and provide information to the institutional registered investment adviser Chief Compliance Officer.

Basic Qualifications

• Bachelor's degree, or equivalent work experience

• Typically more than 10 years of experience in the financial services industry, including supervisory experience and extensive securities/investment knowledge

• Knowledge of Bloomberg trading system and data analytics;

• Experience with client investment policy statement requirements, Investment Advisers Act of 1940, and the Investment Company Act of 1940; and

• Strong technical aptitude related to pre-trade and post-trade compliance systems.

Preferred Skills/Experience

• Previous experience with compliance surveillance applications and tools;

• Knowledge of separately management account, pooled investment vehicle, and registered investment company monitoring and surveillance requirements;

• Excellent judgment and the ability to make clear, rational, and timely decisions with minimal task direction;

• Ability to work effectively with cross-functional teams;

• Ability to work in an unstructured environment and to be creative and innovative;

• Strong planning and organizational skills;

• Demonstrate analytical and strategic thinking skills;

• Strong presentation and communication skills;

• Strong commitment to procedures and controls; and

• Strong interpersonal, written and oral communications skills.

The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.

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) .

Benefits:

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):

• Healthcare (medical, dental, vision)

• Basic term and optional term life insurance

• Short-term and long-term disability

• Pregnancy disability and parental leave

• 401(k) and employer-funded retirement plan

• Paid vacation (from two to five weeks depending on salary grade and tenure)

• Up to 11 paid holiday opportunities

• Adoption assistance

• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

EEO is the Law

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. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS (https://eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12ScreenRdr.pdf) EEO poster.

E-Verify

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) .

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $123,165.00 - $144,900.00 - $159,390.00

Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date.