Management of policies, processes and issues and coordinates efforts to foster awareness and understanding of key risk management concepts within the business line .
Working with business line management helps ensure the implementation of key risk management practices and procedures in the normal course of business operations.
Ensures appropriate participation in high-level discussions to identify and respond to business risks and ensures that the line of business staff understands key risk concepts and their relevance to core business practice.
Ensures that controls used to mitigate business risks are properly designed, executed, and documented.
Works with corporate-level resources to identify and design
controls for optimal effectiveness.
Serves as a consult to the business line management regarding risk-related matters and assists Senior Business Line Risk Manager in serving as a functional liaison between the line of business and corporate-level risk management resources.
Ensures appropriate level of management ownership exists to facilitate appropriate due diligence and participation in compliance, audit, and risk management requirements.
Supports audits and regulatory examination cycle for line of business. Monitors the disposition/resolution of issues resulting from audits and examinations.
Actively participates in any required training in these areas and ensures required training is being completed by assigned business line.
This position will involve activities with the programs included, but not limited to:
Centralized Application Repository (CAR)
USB Gramm Leach Bliley Program
Business Change Risk Assessment (BCRA)
Payment Services Risk Management Process (Risk Heat Maps)
Enterprise Compliance Risk Assessment (ECRA)
Risk Control Self Assessment (RCSA)
Operational Loss Reporting
Quarterly Online Webpage Certification
Vendor Risk Management (VRM)
Accounts Payable Pin Review (Annual)
USB Third Party Inventory Initiative
Successful applicants will exemplify US Bank's ethical principles of uncompromising integrity, respect for others, accountability for decisions and actions, and good citizenship.
Leaders at U.S. Bank consistently demonstrate integrity and ethics, maturity and resilience, and inspire trust and confidence among their teams. Our leaders are strong communicators who promote collaborative relationships, influence others, and value the diversity of backgrounds and ideas among their employees.
- Bachelor's degree or equivalent work experience
- At least two years of team lead and/ or management experience
- At least five years of experience with the processes, tools and techniques for assessing and controlling an organization's exposure to risk.
Basic understanding in:
Working experience in:
- System development life cycle
- Enterprise Risk Management
- Federal banking regulations and regulatory requirements
- Operational Risk Management
- Risk Framework Concepts
- Control design and assessment
- Risk and regulatory governance
Risk Management / Fraud Prevention
1st - Daytime
Average Hours Per Week
Elavon, Inc. - 2 years ago