Risk Manager Wealth, Corporate, Commercial & Institutional Banking - Credit Risk

U.S. Bank • Minneapolis, MN

2d • $133,365 - $156,900 • Hybrid

About The Position

This role is an integral member of the Wealth, Corporate, Commercial & Institutional Banking (WCIB) and Institutional Client Group (ICG) Credit and Lending Risk group. The purpose of the program is to ensure a consistent and effective standard is applied to exam management across all WCIB Business Units (BU).

Requirements

• Typically more than 10 years of applicable experience.
• Bachelor's degree, or equivalent work experience.
• Expert knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business.
• Expert knowledge of the business line’s operations, products/services, systems, loan documentation, and associated risks/controls.
• Advanced knowledge of Risk/Compliance/Audit competencies.
• Strong leadership and management skills of processes, projects and people.
• Excellent written and verbal communication skills.
• Strong analytical, problem-solving and negotiation skills.
• Proficient computer skills, especially Microsoft Office applications, nCino, AFS & LIQ and SharePoint.

Responsibilities

• Be a primary point of contact for all internal parties (i.e. Regulatory Services, CRR, OCC, BU's).
• Communicate current-state quality of key BU processes in light of upcoming exams to Senior Management and exam partners.
• Coordinate and organize exam and credit file documentation.
• Track and report exam status.
• Collaborate with BU for the duration of applicable exams.
• Participate in identification of root causes and resolution plans as issues are identified.
• Lead projects that ensure compliance with Credit Policy, BU Procedures, applicable federal regulations.
• Facilitate the identification of, and solutioning for, risks resulting from inadequate internal processes, systems or human errors.
• Ensure the active identification, response and/or escalation of risks as appropriate.
• Act in the capacity of Subject Matter Expert for a variety of credit related processes and products.
• Identify best practices and lead widespread adoption.
• May influence policies and procedures to regulatory and credit process risk.
• Accountable for an effective partnership between the Lines of Business and the Lines of Defense.

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