Fair and Responsible Banking Risk Consultant

U.S. Bank • Minneapolis, MN

2d • $98,175 - $115,500 • Hybrid

About The Position

The Fair and Responsible Banking Risk Consultant will support the Fair and Responsible Banking (FaRB) Program within Corporate Compliance in the second line of defense. This role helps execute the FaRB Program and contributes to the effective governance and oversight of fair lending and UDAP/UDAAP risks. The FaRB Risk Consultant will work cross-functionally to review business practices and customer-facing processes, supporting efforts to assess risk, identify emerging issues, and develop practical guidance that promotes sound risk management. The individual in this role will support program initiatives and activities by using data, reporting, and other information to identify observations and trends and communicate clear, actionable insights. The FaRB Risk Consultant will also work with partners across the organization to promote alignment and support a consistent, scalable approach to managing FaRB risk.

Requirements

• Bachelor's degree, or equivalent work experience
• Typically more than six years of applicable experience
• Working knowledge of fair lending and UDAP/UDAAP risks, with the ability to identify and assess risk drivers across consumer products and related processes.
• Ability to interpret regulatory expectations and internal policies, translating them into practical guidance and supporting effective challenge of business practices and controls.
• Strong analytical and problem-solving skills, including the ability to interpret data, identify trends, and communicate risk insights clearly.
• Effective communication skills.
• 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.

Nice To Haves

• Experience supporting fair and responsible banking program activities, such as translation / Limited English Proficiency, program governance, risk assessment, and stakeholder engagement.
• Experience supporting project management activities, including tracking actions, assessing progress, and ensuring timely completion of program objectives.

Responsibilities

• Support the Fair and Responsible Banking (FaRB) Program within Corporate Compliance.
• Contribute to the effective governance and oversight of fair lending and UDAP/UDAAP risks.
• Review business practices and customer-facing processes.
• Assess risk, identify emerging issues, and develop practical guidance.
• Use data, reporting, and other information to identify observations and trends.
• Communicate clear, actionable insights.
• Promote alignment and support a consistent, scalable approach to managing FaRB risk.
• Support program initiatives and activities.
• Support routine governance activities.
• Prepare materials for governance activities.
• Respond to internal and external inquiries.
• Support project management activities, including tracking actions, assessing progress, and ensuring timely completion of program objectives.

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