Shared Services Strategy and Execution Lead

U.S. Bank • 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 Partners with leaders in their assigned Line of Business, Risk/Compliance/Audit (RCA) Consultants, and other RCA Managers to, depending on the function, oversee the successful creation, implementation, and maintenance of an effective risk management framework. Lead projects and/or activities that ensure compliance with applicable federal, state, and local laws and regulations. Facilitate the identification of gaps and drive solutions that minimize losses resulting from inadequate internal processes, systems, or human errors. Ensures the active identification, response and/or escalation of risks as appropriate. May influence 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. Position Responsibilities Support strategic development of Shared Services function, including Electronic Communications, Broker-Dealer Internal Examinations, and Licensing and Registration teams Assist Management with identification and implementation of process efficiencies, potentially including vetting new vendors, technological implementations (internally or externally developed), and staffing models Partner with Regulated Entities Chief Compliance Office teams to ensure reasonably designed compliance program that appropriately supports and provides oversight to aligned businesses Partner with Governance team to enhance existing reporting, ensuring major accomplishments, key risks, and action items are clear and concise Ensure related policies, procedures, and documented controls reflect best practices and satisfy company and regulatory requirements Other projects, as assigned

Requirements

• Bachelor's degree, or equivalent work experience
• Typically more than 10 years of applicable experience

Nice To Haves

• Strong leadership and management skills of processes, projects, and people
• Effective written and verbal communication skills
• Strong analytical, problem-solving and negotiation skills
• Considerable knowledge of compliance program concepts
• Considerable knowledge of securities regulatory regime, particularly with respect to Shared Services function
• Strong analytical, process facilitation, and project management skills
• Strong presentation, interpersonal, written, and verbal communication skills
• Effective relationship building and negotiation skills
• Familiarity with Business Lines and Corporate Compliance teams associated with Regulated Entities
• Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications and word processing, spreadsheets, databases, and presentations

Responsibilities

• Support strategic development of Shared Services function, including Electronic Communications, Broker-Dealer Internal Examinations, and Licensing and Registration teams
• Assist Management with identification and implementation of process efficiencies, potentially including vetting new vendors, technological implementations (internally or externally developed), and staffing models
• Partner with Regulated Entities Chief Compliance Office teams to ensure reasonably designed compliance program that appropriately supports and provides oversight to aligned businesses
• Partner with Governance team to enhance existing reporting, ensuring major accomplishments, key risks, and action items are clear and concise
• Ensure related policies, procedures, and documented controls reflect best practices and satisfy company and regulatory requirements
• Other projects, as assigned

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
• Number of Employees: 5,001-10,000 employees