U.S. Bank Regulatory Compliance Analyst in United States
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.
Consumer and Business Banking’s risk function (CBB Risk) collaborates with key business unit, other CBB Risk, and Second Line of Defense (SLOD) partners to identify, measure, monitor, and control Compliance Risk.
The team proactively provides support and guidance for compliance-related questions and concerns and serves as a business champion when interacting with SLOD partners, auditors, and regulators.
For key high-risk Federal Compliance Regulations, such as Real Estate Settlement Procedures Act – Regulation X, Truth in Lending Act – Regulation Z, Fair Credit Reporting Act – Regulation V, Equal Credit Opportunity Act – Regulation B, Servicemembers Civil Relief Act, Electronic Fund Transfer Act – Regulation E, Flood Disaster Protection Act, and Fair Debt Collections Practices Act, this team performs risk oversight and monitoring routines to proactively identify emerging risks and verify ongoing compliance.
Significant focus is placed on evaluating the controls listed in the Enterprise Compliance Risk Assessment (ECRA) to determine whether the risks are properly mitigated.
For assigned regulations, the team is expected to develop and maintain a strong understanding of the associated processes and controls in place to ensure compliance.
Bachelor's degree, or equivalent work experience
Seven to ten years of applicable experience
A strong understanding and in-depth knowledge of Federal Compliance Regulations
Professional certifications (CRCM) or Regulatory Agency experience preferred
Requires an advanced-level knowledge and understanding of:
Applicable laws, regulations, financial services, and regulatory trends for Federal Compliance Regulations, such as the rules listed above
Control identification and evaluation activities to determine whether the control suite properly mitigates the associated Compliance Risk
Business line’s operations, products/services, systems, and associated risks/controls
Risk management, Compliance Risk, and audit competencies
Excellent presentation, relationship building, and written and verbal communication skills
Strong process facilitation, project management, and critical thinking skills
Must possess business acumen and credibility to build productive relationships with partners
Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications and word processing, spreadsheets, databases, and presentations
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.
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 (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 (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://www.usbank.com/careers/verification-of-eligibility-for-employment.html) .
Pay Range: $92,735.00 - $109,100.00 - $120,010.00
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.