Business Risk Specialist

U.S. Bank • Owensboro, KY

1d • $20 - $24 • Onsite

About The Position

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 organization’s risk management framework is designed to promote strong governance and effective risk oversight that is systematic, transparent, credible, timely, and auditable. Through clearly defined roles and responsibilities, the program supports the identification, assessment, monitoring, and management of risks that may impact the company, including credit, financial, liquidity, market, operational, compliance, reputational, and strategic risks. Under general supervision, the Business Risk Specialist supports the Loss Mitigation business line by coordinating and managing responses to internal and external audits and examinations. This role serves as a key liaison between auditors and business partners, ensuring audit requests are understood, appropriately assigned, accurately documented, and submitted in a timely manner. Audits and examinations may be conducted by multiple regulatory and oversight bodies, including internal audit, HUD, Frannie Mae, Freddie Mac, and the OCC. The Business Risk Specialist monitors and manages audit requests received through a shared mailbox, assigns requests to the appropriate stakeholders, and works closely with business lines to develop complete and accurate responses. The role partners with business teams to gather, validate, and compile required documentation and artifacts, leveraging systems such as SharePoint to review, maintain, and reference control documentation. This individual facilitates meetings with business partners to review controls, explain audit expectations, validate responses, and provide ongoing support throughout the audit lifecycle.

Requirements

• High school diploma or equivalent
• One to two years of applicable experience

Nice To Haves

• Experience supporting loss mitigation, internal audits, or regulatory examinations
• Knowledge of loss mitigation processes and applicable regulations, including RESPA and ECOA
• Strong verbal and written communication skills with the ability to work effectively across multiple business lines
• Ability to manage multiple requests, meet deadlines, and work independently in a fast ‑ paced environment
• Proficiency with standard computer applications and document management tools, including SharePoint
• Strong attention to detail, organization, and analytical skills

Responsibilities

• Coordinating and managing responses to internal and external audits and examinations.
• Serving as a key liaison between auditors and business partners, ensuring audit requests are understood, appropriately assigned, accurately documented, and submitted in a timely manner.
• Monitoring and managing audit requests received through a shared mailbox, assigns requests to the appropriate stakeholders, and works closely with business lines to develop complete and accurate responses.
• Partnering with business teams to gather, validate, and compile required documentation and artifacts, leveraging systems such as SharePoint to review, maintain, and reference control documentation.
• Facilitating meetings with business partners to review controls, explain audit expectations, validate responses, and provide ongoing support throughout the audit lifecycle.

Benefits

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED