Risk, Compliance & Audit Professional - Wealth, Corporate, Commercial & Institutional Banking

 

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

SUMMARY

U.S. Bank is seeking a highly effective and collaborative Risk, Compliance & Audit (RCA) Manager to oversee risk assessments for the Wealth, Corporate, Commercial & Institutional Banking (WCIB) business line. This role is responsible for ensuring operational and compliance risks are identified, assessed, documented, and mitigated in alignment with enterprise framework requirements. As the Risk Assessment Program continues to evolve, this position offers the opportunity to help with program implementation within assigned lines of business.

RESPONSIBILITIES

The RCA Manager partners with assigned lines of business, RCA professionals, RCA managers, and program stakeholders to create, implement, maintain, review, and oversee an effective risk management framework. This role leads and facilitates risk and control assessment activities, documents risks and mitigating controls in accordance with enterprise assessment requirements, identifies gaps, recommends solutions, escalates risks as appropriate, and serves as a functional liaison between the line of business and the lines of defense.

Additional responsibilities for this position include:

- Manage WCIB’s adherence to the Bank’s Risk Assessment Program requirements, including Risk and Control Self-Assessment (RCSA), Enterprise Compliance Risk Assessment (ECRA), and Enterprise Financial Crimes Compliance (EFCC), for the Global Corporate Trust, Personal Trust, and Institutional Services lines of business.

- Coordinate and complete key program activities, including annual Assessment workshops, quarterly Credible Challenges, and annual Assessment attestations.

- Maintain risk and control records, ensuring documentation aligns with Business Line Control Environment (BLCE), policy requirements.

- Review and address change requests timely, including control change requests, to ensure the control portfolio remains current, accurate, and aligned with control documentation best practices.

- Monitor business, process, product, and emerging risk changes using relevant metrics and indicators, including internal and external losses, issues, Business Change and PRISM activities.

- Conduct quarterly Risk Reviews with Business Unit Risk Managers (BURMs) to assess changes in the risk and control environment and update risk assessments as needed.

Implement Risk Assessment and BLCE-related policy and procedure changes.

- Serve as a functional liaison between the line of business and Risk Assessment and BLCE program owners and stakeholders.

BASIC QUALIFICATIONS

- Typically more than eight years of applicable experience.

- Bachelor’s degree or equivalent work experience.

PREFERRED SKILLS/EXPERIENCE

- Considerable understanding of the Trust, Custody, and Investment operations, products, services, systems, and associated risks and controls.

- Thorough knowledge of Risk, Compliance, and Audit competencies.

- Strong analytical, process facilitation, and project management skills.

- Effective presentation, interpersonal, written, and verbal communication skills.

- Effective relationship-building and negotiation skills.

- Proficiency with Microsoft Office applications, including word processing, spreadsheets, databases, and presentations.

- Applicable professional certifications.

LOCATION EXPECTATIONS

- This role requires working onsite from a U.S. Bank location three or more days per week.

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Benefits: 

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

• 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

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $119,765.00 - $140,900.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.