Compliance Assessment Administration Manager

U.S. Bank • Minneapolis, MN

19h • Hybrid

About The Position

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.

Requirements

• Bachelor's degree, or equivalent work experience
• Typically more than 10 years of applicable experience

Nice To Haves

• Advanced knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business
• Advanced understanding of the business line’s operations, products/services, systems, and associated risks/controls
• Thorough knowledge of Risk/Compliance/Audit competencies
• Strong leadership and management skills of processes, projects and people
• Effective written and verbal communication skills
• Strong analytical, problem-solving and negotiation skills
• Proficient computer skills, especially Microsoft Office applications
• Applicable professional certifications

Responsibilities

• Manages the PRISM and TPRM Program Administration team, ensuring Corporate Compliance process execution is efficient and in alignment with PRISM and TPRM Policy expectations, as well as in alignment with Corporate Compliance requirements and compliance material review processes.
• Enhance/Maintain program documentation for Corporate Compliance Risk Manager assessments, procedures and guidance documents
• Monitors for timely assignments of Risk Managers across all of Corporate Compliance; supporting proper engagement with stakeholders throughout the PRISM and TPRM process
• Monitors for timely completion of assessments and identified risk mitigation tasks
• Identifies key performance and risk indicators, supporting the development of stakeholder reporting and trending, escalating emerging risks
• Maintains reporting that escalates concerns, exceptions and adverse events to management in a timely manner, clearly communicating details and required action items; participates in issue vetting as necessary including 2LOD issue sourcing
• Collaborates with Senior Risk Leadership to advocate for the needs and interests of Corporate Compliance in the PRISM and TPRM programs
• Supports the development and implementation of process/assessment enhancements that enable Business Lines to quickly move to market in a safe and compliant manner
• Advises and supports the Compliance Materials Review & Approval process and related program functions to align overall Compliance program effectiveness
• Supports the development and ongoing evaluation of program metrics and quality reviews
• Other projects, as assigned by the Director of Risk Review Management

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: Senior
• Number of Employees: 5,001-10,000 employees