Enterprise Fraud Risk Management Business Line Risk Manager

U.S. Bank • Brookfield, WI

1d • Hybrid

About The Position

Candidate will act as a member of a team of fraud governance professionals (Business Line Risk Managers) as part of the Enterprise Fraud Risk Management 2LOD team within the Risk Management and Compliance business line. Business Line Risk Managers ensure proper governance, risk, and control activities are conducted that directly or indirectly impact the Company’s fraud risk and will report to the Director of Enterprise Fraud Governance.

Requirements

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

Nice To Haves

• Experience managing fraud risks within the financial services industry
• Extensive experience in operational risk governance routines, preferably in the financial services industry
• Excellent communication skills, both written and verbal
• Exceptional problem solving, critical thinking, and troubleshooting skills
• Ability to build relationships cross-functionally and over the phone
• Ability to work with and influence at all levels of the organization, including with executive leadership
• Ability to prioritize and manage multiple tasks, while establishing responsible deadlines
• Flexibility in day-to-day work and tolerance for ambiguity
• Positive ‘can-do’ attitude and a strong desire for continuous learning
• Attention to detail in writing, planning, and communication

Responsibilities

• Execute fraud risk assessment processes and early engagement efforts with business lines to ensure effective controls are in place for business changes, aligning with policy and strategic risk mitigation
• Work cross-functionally with business line product and enablement partners to evaluate, identify, and influence adoption of a risk-based approach to mitigate potential fraud risk from either new product development/ modification of an existing product offering/ significant strategy update
• Execution of fraud risk management governance routines, such as the Evaluation of all fraud-related PRISMs, Independent fraud risk assessments, Fraud incident oversight, Root Cause Analysis of large adverse events, Fraud risk assessment of Third-Party Service Providers, Fraud related complaint analysis
• Partner closely with the PRISM office and business line stakeholders on key initiatives including ongoing assessment of the PRISM fraud assignment criteria and other strategic ventures and acquisitions
• Stay on top of emerging fraud risks in the industry to ensure the assessments take into consideration current operating environment and speed of execution
• Drive and support strategic fraud risk initiatives and special projects as needed, contributing to enterprise-wide fraud risk mitigation and governance enhancements
• Collaborate and provide support to partners within the Enterprise Fraud Risk Management and other second line partners
• Thorough understanding of applicable laws, regulations, financial services, and regulatory trends that affect the organization.
• Interact directly with other peers and senior managers, requiring well developed presentation, relationship building, and negotiation skills.
• Effectively and credibly communicate with peers and senior managers across the organization in an evolving regulatory environment.

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
• Education Level: Associate degree