Senior Compliance Officer - Capital Markets

U.S. Bank•Minneapolis, MN

1d•Hybrid

About The Position

US Bancorp is seeking a Senior Compliance Officer to advise US Bank's Capital Markets. This role within the Capital Markets Compliance Team will serve as the regulatory subject matter expert in a diverse range of regulatory requirements supporting Fixed Income Capital Markets and Sales and Trading, including Credit, Structured and Municipal Products. Partners with Senior to Executive Leaders in their assigned Line of Business, Risk/Compliance/Audit (RCA) Consultants, RCA Managers and other Senior RCA Managers to, depending on the function, oversee the successful creation, implementation, and maintenance of an effective risk management framework. Accountable for projects and/or activities that ensure compliance with applicable federal, state, and local laws and regulations. Identifies gaps and drives solutions that minimize losses resulting from inadequate internal processes, systems or human errors. Accountable for the active identification, response and/or escalation of risks as appropriate. Influences policies and procedures to maximize profit potential and minimize regulatory exposure. Accountable for an effective partnership between the Line of Business and the Lines of Defense. Manages a team of RCA Professionals with responsibility for staffing, performance management, prioritizing, guidance and training.

Requirements

Bachelor's or advanced degree, or equivalent work experience
Typically more than 12 years of applicable experience
Significant experience with Fixed Income Capital Markets, Trading and Institutional Sales Compliance, Controls and Supervision
The ability to understand and communicate regulatory requirements
The ability to handle and prioritize multiple initiatives and inquiries
Strong written and verbal communication of complex issues
Critical thinking and ability to develop compliance programs that meet regulatory obligations and are operationally efficient and sustainable
Operates with a sense of urgency to execute action plans

Responsibilities

Oversee the successful creation, implementation, and maintenance of an effective risk management framework.
Ensure compliance with applicable federal, state, and local laws and regulations.
Identify gaps and drive solutions that minimize losses resulting from inadequate internal processes, systems or human errors.
Active identification, response and/or escalation of risks as appropriate.
Influence policies and procedures to maximize profit potential and minimize regulatory exposure.
Ensure an effective partnership between the Line of Business and the Lines of Defense.
Manage a team of RCA Professionals with responsibility for staffing, performance management, prioritizing, guidance and training.

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
Incentive and recognition programs
Equity stock purchase
401(k) contribution and pension