RCA Professional 7

U.S. Bank•Horsham, PA

5d•$119,765 - $140,900•Hybrid

About The Position

The RCA Professional 7 serves as a Risk & Compliance advisor to U.S. Bank’s Prepaid business line, providing dedicated first-line risk support across the lifecycle of prepaid products, digital capabilities, strategic initiatives, regulatory changes, operational enhancements, and issue remediation. The role partners with Product, Sales, Client Onboarding, Digital, Technology, Operations, Legal, Financial Crimes Compliance, Fraud Strategy, Compliance, and governance teams to identify requirements early, translate risk expectations into practical actions, and support implementation through post-implementation closure. This is an embedded advisory role rather than an end-stage compliance review position. The successful candidate develops a detailed understanding of products and operating models, uncovers downstream impacts, brings specialists together, and helps the business reach compliant, sustainable solutions. The position requires sound judgment, curiosity, persistence, and the ability to organize and influence work across a large matrixed organization. The advisor supports U.S. Bank-issued and program-managed prepaid products, including payroll, government disbursement, general purpose reloadable, incentive, rewards, single-load, digital card, and related money movement capabilities. The role engages in opportunity assessment, product planning, change control, BCIQ, and PRISM intake; assesses regulatory and other risks; manages concurrent initiatives; supports risk assessments, controls, issues, audits, and examinations; coordinates stakeholders; maintains reporting and documentation; and recommends process improvements. The role has a hybrid/flexible schedule with an in-office expectation of three or more days per week and the flexibility to work outside the office for the other days.

Requirements

Bachelor's degree or equivalent work experience.
Typically more than eight years of experience.
Strong analytical, critical-thinking, problem-solving, and decision-making skills, including comfort working with incomplete or ambiguous information.
Excellent written and verbal communication skills, including the ability to articulate well-supported points of view and explain complex requirements to business and technical audiences.
Strong project management, organization, documentation, prioritization, and follow-through skills, including the ability to coordinate cross-functional work and drive multiple simultaneous initiatives.
Ability to build relationships, influence without direct authority, challenge constructively, and escalate appropriately.

Nice To Haves

Eight or more years of experience in risk management, compliance, legal, audit, financial services, payments, product governance, or a related field.
Experience interpreting laws, regulations, regulatory guidance, policies, standards, or risk requirements and applying them to products, processes, systems, or customer experiences.
Prepaid card, debit card, consumer payments, issuing, money movement, fintech, or banking product experience.
Working knowledge of prepaid program structures and participants, such as issuer, program manager, processor, client or sponsor, network, third-party service provider, and cardholder.
Experience with Regulation E, Regulation II, E-SIGN, UDAAP, TCPA, CAN-SPAM, BSA/AML, fraud risk, and/or FDIC pass-through deposit insurance.
Experience with product and change governance, including business intake, risk assessments, change control, issue management, control design, audit support, and post-implementation validation.
Professional certification such as CRCM, CAMS, or a comparable legal, risk, or compliance credential.

Responsibilities

Serve as a primary Risk & Compliance advisor for U.S. Bank-issued and program-managed prepaid products and related money movement capabilities.
Engage early in opportunity assessment, product planning, change control, BCIQ, and PRISM intake to clarify scope, identify impacted products and stakeholders, determine review paths, and prevent avoidable delays.
Analyze complex or ambiguous product, operational, regulatory, technology, fraud, and third-party risks.
Translate requirements into practical options, guardrails, controls, procedures, disclosures, testing, or escalation paths.
Independently support concurrent initiatives from early design through implementation and post-implementation closure; maintain status, dependencies, decisions, risks, evidence requirements, and next steps.
Review and strengthen BCIQ and PRISM submissions, coordinate subject-matter expert reviews, develop or challenge mitigation plans, track evidence, resolve documentation gaps, and drive timely closure of requirements.
Assess new or changing laws, regulations, regulatory guidance, and industry requirements for Prepaid applicability; coordinate impact assessments, business responses, implementation plans, stakeholder alignment, and retained documentation.
Support ECRA and RCSA activities, process questionnaires, risk and control matrices, control self-assessments, credible challenge responses, control design improvements, and testing or monitoring expectations.
Support issue identification and intake, root-cause and impact analysis, corrective action planning, audit and examination requests, walkthroughs, First Day Letters, evidence production, and validation of sustainable remediation.
Identify and engage partners across Legal, Compliance, Financial Crimes Compliance, Fraud, Information Security, Privacy, Third Party Risk Management, Operations, Technology, and Product; facilitate decisions when ownership or requirements are unclear.
Provide concise, decision-useful reporting on initiatives, risks, open questions, dependencies, escalations, approvals, and milestones; maintain organized records for governance, audit readiness, and effective handoffs.
Identify opportunities to simplify duplicative or low-value requirements while preserving appropriate risk management; recommend scalable processes, job aids, templates, decision frameworks, and governance improvements.

Benefits

Healthcare coverage, including medical, dental, and vision.
Basic term and optional term life insurance.
Short-term and long-term disability coverage.
Pregnancy disability and parental leave.
401(k) and employer-funded retirement plan.
Paid vacation of 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 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
Incentive and recognition programs.
Equity stock purchase, 401(k) contribution, and pension, subject to eligibility requirements.