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Risk Assessment Director
- US Bank (Minneapolis, MN)
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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
The Risk Assessment Director within the Enterprise Risk Management Team partners with business and risk leaders across the Enterprise to manage execution of the Enterprise Risk Assessment framework inclusive of Compliance, Operational and Financial Crimes risk. The Risk Assessment team is responsible for challenging business lines and/or coordinating with other 2LOD Subject Matter Experts to challenge the business line with respect to risk ratings, control effectiveness and residual risk, as well as the adequacy and completeness of risk assessment. The team is also responsible for reporting and supporting routines to discuss risks, trends and improvement opportunities across our business lines and across the Enterprise. Resource will provide updates to regulators, auditors, executive stakeholders, and operating committees on a periodic basis. Additionally, resource will lead projects and/or activities that ensure continuous improvement and integration across our risk programs and risk management disciplines. Resource will inform policy and procedural adjustments and associated communications activities to reflect ongoing improvements and opportunities.
Basic Qualifications
- Bachelor's or advanced degree, or equivalent work experience
- Typically more than 12 years of applicable experience
Preferred Skills/Experience
- Extensive experience with Risk Assessment Programs at a comparable financial services institution
- Strong working knowledge across multiple risk disciplines
- Ability to influence and lead change across a broad/diverse group of stakeholders
- Considerable knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business
- Considerable knowledge of the business line's operations, products/services, systems, and associated risks/controls
- Expert knowledge of Risk/Compliance/Audit competencies
- Ability to manage job scope and complexity of assigned business at the departmental and/or division level
- Strong leadership and management skills of processes, projects and people
- Excellent written and verbal communication skills
- Strong analytical, problem-solving and negotiation skills
- Proficient computer skills, especially Microsoft Office applications
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
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: $149,515.00 - $175,900.00
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.
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