Compliance Exam, Audit, and Issue Coordinator

U.S. Bank • Minneapolis, MN

1d • Hybrid

About The Position

Partners with their assigned Line of Business, other Risk/Compliance/Audit (RCA) professionals, and RCA Managers to, depending on their function, create, implement, maintain, review or oversee an effective risk management framework. Participates in projects and/or activities that ensure compliance with applicable federal, state, and local laws and regulations. Identifies gaps and inform solutions that minimize losses resulting from inadequate internal processes, systems or human errors. Identifies, responds and/or escalates risks as appropriate. Serves as a functional liaison between the Line of Business and the Lines of Defense.

Requirements

• Bachelor's degree, or equivalent work experience
• Typically more than eight years of applicable experience
• Considerable knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business
• Considerable understanding of the business line’s operations, products/services, systems, and associated risks/controls
• Thorough knowledge of Risk/Compliance/Audit competencies
• Strong analytical, process facilitation and project management skills
• Effective presentation, interpersonal, written and verbal communication skills
• Effective relationship building and negotiation skills
• Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications and word processing, spreadsheets, databases, and presentations
• Applicable professional certifications

Responsibilities

• Partners with Regulatory Affairs, Corporate Compliance, and other relevant stakeholders on regulatory engagements where Corporate Compliance is the subject of the engagement and/or where compliance risks are in-scope.
• Partners with internal review partners (e.g., Corporate Audit Services or Compliance Quality Assurance), Corporate Compliance, and other relevant stakeholders, in a risk-based manner, on engagements where Corporate Compliance is the subject of the engagement and/or where compliance risks are in-scope.
• Facilitates and credibly challenges exam, audit, and review responses and meeting materials in a risk-based manner.
• Performs or drives processes to support effective issue resolution activities. This includes issue identification, issue resolution project management, milestone development, status reporting, risk escalation, coordinating cross-business line activities including technology plans, documenting completion evidence and testing activities, drafting resolution memorandums, validating and verifying resolution steps, and related tasks.
• Supports compliance oversight processes of business line issue identification and resolution, including coordination with compliance specialists, providing feedback and effective challenge throughout issue lifecycle, managing meeting routines and escalation discussions, and maintaining status reporting.
• Identifies and escalates concerns (e.g., potential exam/audit issues, past due milestones, potential extension, etc.) to Management, as appropriate.
• Other projects, as assigned.

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