Emerging Technology Risk Manager

U.S. Bank • St. Louis, MO

1d • 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 Emerging Technology Risk Manager serves in the Second Line of Defense (SLOD) and holds a pivotal leadership role in shaping and executing the Bank’s risk governance strategy for emerging technologies, including Artificial Intelligence (AI), Generative AI, Machine Learning, Digital Assets, Blockchain, Stablecoins, and Tokenization. This role provides independent risk oversight to ensure these technologies are identified, evaluated, monitored, and controlled in alignment with the Bank’s risk appetite and applicable regulatory expectations, supporting responsible innovation while maintaining strong risk discipline. The successful candidate will demonstrate strong expertise in AI technologies, digital assets, and financial services risk management, with a working knowledge of relevant regulatory and supervisory frameworks such as the NIST AI Risk Management Framework, EU AI Act, and evolving U.S. regulatory guidance. This position plays a critical role in maintaining effective collaboration across the Lines of Defense, influencing policies and procedures to mitigate regulatory exposure, and ensuring emerging technologies are deployed safely, ethically, and in compliance with legal and regulatory expectations.

Requirements

• Bachelor's degree, or equivalent work experience
• Typically more than 10 years of applicable experience
• 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
• Demonstrates the ability to build subject‑matter expertise rapidly and independently in emerging digital asset technologies
• Effectively manages risk in highly ambiguous and evolving digital asset environments
• Demonstrates strong cross‑functional collaboration skills by aligning risk perspectives and driving consensus across risk teams in complex initiatives
• This role requires working from a U.S. Bank location three (3) or more days per week.

Responsibilities

• Provide independent Second Line of Defense (SLOD) oversight for the Bank’s use of emerging technologies, including AI, Generative AI, Machine Learning, Digital Assets, and Blockchain
• Establish, maintain, and enhance risk management frameworks for emerging technologies in alignment with the Bank’s risk appetite
• Perform independent risk challenge of first‑line emerging technology initiatives.
• Assess the adequacy of risk controls, governance processes, and monitoring mechanisms for AI and digital asset solutions
• Oversee risk governance for digital asset and blockchain activities, including stablecoins, tokenized products, smart contracts, custody models, and settlement infrastructure
• Evaluate third‑party risks, including embedded AI capabilities and digital asset partnerships
• Identify, document, escalate, and track emerging technology risks, control gaps, and material issues to senior management and committees
• Define and monitor risk metrics, key risk indicators (KRIs), and reporting related to emerging technology adoption
• Guide application of responsible AI, risk tiering, materiality, and escalation frameworks to emerging technology use cases across the enterprise, as applicable
• Support and participate in regulatory examinations, internal audits, and supervisory reviews related to AI and digital assets
• Maintain effective coordination across the Lines of Defense to ensure consistent and effective emerging technology risk management
• Monitor and interpret evolving regulatory and supervisory guidance (e.g., NIST AI RMF, EU AI Act) and drive integration into Bank governance
• Influence policies, standards, and procedures to balance innovation, profitability, and regulatory compliance

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