Strategic Risk & Initiatives Specialist - Claims

U.S. Bank National Association•Saint Paul, MN

1d•Hybrid

About The Position

This role ensures assigned locations, business units, or proposed products and processes comply with various laws and regulations. The specialist develops and enforces compliance policies and procedures, acting as the primary compliance consultant and resource for questions, consulting, and training. They participate in the design and development of policies, procedures, processes, and training programs to ensure compliance. The position involves analyzing new and pending laws and regulations that affect company practices and working with affected areas to ensure appropriate compliance. The specialist may also be involved in various compliance projects and initiatives, such as information disclosure and legal proceedings, and performs periodic reviews to assess the level of regulatory compliance.

Requirements

Bachelor’s degree, or equivalent work experience
Typically eight or more years of experience in regulatory compliance activities

Nice To Haves

Advanced knowledge of government and regulatory laws and regulations
Thorough knowledge of U.S. Bancorp operations, policies and procedures
Effective verbal and written communication skills
Ability to research and manage multiple projects and deadlines simultaneously
Strong presentation skills

Responsibilities

Ensures assigned locations, business units, or proposed products and processes are in compliance with various laws and regulations
Develops and enforces compliance policies and procedures
Acts as the primary compliance consultant/resource for assigned location, business units, or products with respect to questions, consulting, and training
Participates in, and ensures compliance in the design and development of policies, procedures, processes and training programs
Analyzes new and pending laws and regulations which directly affect company practices and works with affected areas to ensure appropriate compliance
May be involved in a variety of compliance projects and initiatives regarding information disclosure, legal proceedings, etc.
Performs periodic reviews to assess level of regulatory compliance

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
Pension