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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

We’re seeking a visionary leader to serve as **Head of Strategic Risk, Risk Appetite & Identification** —a pivotal role that blends strategic foresight, and risk expertise.

Reporting directly to the **Chief Operational Risk Officer** , and **Head of Enterprise Risk Management** , this senior executive will architect and lead a forward-thinking risk framework that aligns with the bank’s strategic ambitions and regulatory expectations. You’ll be at the helm of enterprise-wide programs that identify and manage strategic and concentration risks, define risk appetite, and surface emerging threats—ensuring the organization remains resilient, agile, and well-positioned for growth.

This is more than a risk role—it’s a strategic leadership opportunity to drive meaningful impact across the enterprise.

Key Responsibilities:

+ Lead the development and execution of the bank’s Strategic Risk Management Framework, integrating with enterprise strategic planning and change management processes.

+ Oversee the identification, assessment, and monitoring of strategic and concentration risks, including emerging risks, mergers & acquisitions, equity investments, and capital expenditures.

+ Ensure strategic risks are effectively identified, measured, controlled and monitored across the enterprise and are aligned with the company’s risk appetite and concentrations limits.

+ Direct the enterprise Risk Appetite and Identification Program, including annual assessments, quarterly updates, and integration with other risk programs.

+ Ensure key risks (including top-of-mind, emerging risk and materials risks) are appropriately identified, quantified and controlled and incorporated into stress testing.

+ Ensure risk appetite is defined and appropriately calibrated across the company with clear linkage to the company’s strategy and concentrations limits,

+ Oversee the development and monitoring including leading and lagging metrics to ensure compliance with risk appetite and fit-for-purpose actions are undertaken to remedy risk appetite or concentration limit breaches.

+ Oversee the development and implementation of systems and platforms for risk identification and reporting.

+ Develop insightful reporting on strategic risk, concentration risk, risk appetite and risk identification including regular reporting to Executive Risk Committee and the Board.

+ Ensure all risk management activities meet regulatory expectations and internal governance standards.

Leadership & Collaboration:

+ Strong collaboration skills and ability to influence across all levels of the organization.

+ Manage and develop a high-performing team of risk professionals, providing guidance, performance management, and training.

+ Lead cross-functional and cross-risk category working groups, fostering collaboration and alignment across the organization.

+ Serve as a trusted advisor and credible challenger to senior leaders on strategic initiatives and risk mitigation strategies.

Preferred Skills/Qualifications:

+ Degree in Risk Management, Finance, Economics, Business Administration, or related field.

+ 15+ years in risk management, with preferred experience in financial and non-financial risks

+ Deep understanding of strategic risk management frameworks and methodologies.

+ Experience in integrating risk management with enterprise strategic planning and change management.

+ Strong knowledge of concentration risk principles, including risk aggregation and limit setting.

+ Ability to assess and monitor exposures across business lines and risk types.

+ Proficiency in developing and interpreting leading and lagging risk metrics. Familiarity with stress testing and scenario analysis.

+ Strong understanding of regulatory expectations related to enterprise risk management.

+ Experience presenting to executive committees and boards.

+ Experience implementing systems/platforms for risk identification and reporting.

+ Ability to produce insightful, executive-level risk reporting.

+ Demonstrated ability to lead cross-functional teams and influence senior stakeholders.

+ Strong collaboration skills across business lines, enabling functions, and risk domains.

+ Deep familiarity with banking or financial services industry, including regulatory frameworks and enterprise risk governance.

+ Exceptional written and verbal communication skills, with the ability to translate complex risk concepts into actionable insights for senior leadership

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

E-Verify

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: $214,795.00 - $252,700.00

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.