Senior Risk Manager - Risk Assessment Director

U.S. Bank National Association • Minneapolis, MN

1d • Onsite

About The Position

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.
Job Description
The Risk Assessment Director within the Operational & Enterprise Risk Management (OERM) team will partner with all Business Lines and other 2LOD Risk Leaders across the enterprise to oversee and execute the Enterprise Risk Assessment Program inclusive of Compliance, Operational, and Financial Crimes risks. This role will manage a staff of risk professionals to provide oversight to Business Lines and collaborate with 2LOD Risk Leaders ensuring risk and control assessments inclusive of appropriate control documentation is comprehensive, consistent, and aligned to internal policy and procedures.
The Risk Assessment Director will also lead cross‑risk and cross‑program integration, drive continuous improvement of risk and control routines, and support executive, regulatory, and audit engagement. The role also plays a critical leadership position in advancing risk transformation initiatives, including the migration from Archer to ServiceNow, and in shaping policy, procedures, and communications to reflect evolving risk management practices.

Requirements

• Bachelor's or advanced degree, or equivalent work experience
• Typically more than 12 years of applicable experience

Nice To Haves

• Extensive experience with Risk Assessment Programs at a comparable financial services institution
• Strong understanding of Risk Assessment methodologies and internal controls
• Strong working knowledge across multiple risk disciplines
• Proven ability to lead cross‑functional initiatives and influence senior stakeholders
• Considerable knowledge of applicable laws, regulations, and regulatory trends
• Considerable knowledge of business line's operations, products/services and associated risks and controls
• Expert knowledge of Risk/Compliance/Audit competencies
• Experience supporting regulatory exams, audits, and executive governance forums
• Ability to manage job scope and complexity across all business lines
• Strong leadership and management skills of processes, projects and people
• Excellent written and verbal communication skills
• Strong analytical, problem-solving and negotiation skills
• Experience with risk technology platforms (e.g., Archer, ServiceNow) and large‑scale change initiatives strongly preferred
• Proficient computer skills, especially Microsoft Office applications and Power BI

Responsibilities

• Facilitate ongoing routines and oversight associated with relevant Policies and Procedures (e.g., Risk Assessment Policy (RCSA), Business Line Control Policy (BLCE), etc.).
• Identify and provide insights of material risk themes including monitoring changes, trends and emerging risks.
• Identify and provide insights of the internal control population including monitoring changes and trends.
• Translate control expectations into risk-driven guidance, enabling business line users to clearly understand when and how to document appropriate controls.
• Coordinate with other 2LOD Risk Leaders to support and present risk assessment outcomes to executive management and operating committees on a periodic basis.
• Support regulatory exams, audits, and other executive governance forums.
• Lead and support enterprise‑wide initiatives that enhance consistency, efficiency, and integration across risk programs and risk management disciplines.
• Serve as a key risk partner in the Archer to ServiceNow conversion, ensuring risk assessment and control requirement changes are embedded in future‑state processes.
• Inform policy and procedural updates and lead associated communication and change‑enablement activities.
• Promote continuous improvement through data‑driven insights, changes and trends, stakeholder feedback, and evolving regulatory expectations.

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
• Number of Employees: 501-1,000 employees