CBB Risk – Compliance Manager (Branch Banking)

at  US Bank National Association

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

CBB Risk – Compliance Manager: As the First Line of Defense (FLOD) for Consumer and Business Banking (CBB), CBB Risk collaborates with key business unit, other CBB Risk, and Second Line of Defense (SLOD) partners to identify, measure, monitor, and control risk. CBB Risk’s Compliance team provides risk management support and guidance for Compliance-related laws, rules, and regulations (collectively, Compliance Requirements). Our objectives are achieved by serving as the first/central point of contact and providing subject matter expertise; proactively identifying and helping mitigate emerging risks and trends; verifying ongoing compliance and identifying control deficiencies; and ensuring risk decisions are informed and prudent.
The Team’s primary responsibility is to serve as subject matter experts with a strong understanding of the assigned business units’ processes, risks, and controls. Managers are expected to build and maintain strong relationships with key stakeholders and engage in proactive and open information sharing.

For Network of Branches – Compliance managers are responsible for ensuring the following expectations are met by the team:

• Serving as the first/central point of contact and providing subject matter expertise
• Explaining requirements and providing feedback on how to comply
• Collaborating with partners to ensure the risks and control suites in the Enterprise Compliance Risk Assessment (ECRA) and the FaRB Risk Assessment are accurate and adequate
• Participating in issue vetting discussions to ensure applicable risks are identified and risk mitigation plans are adequate
• Providing support and seeking out creative solutions during examination, audit, and testing activities
• Engaging partners during Product Risk Management (PRISM) work to provide robust risk support, identify applicable risks, and evaluate risk mitigants
• Proactively identifying trends, emerging risks, and issues
• Developing and/or delivering training when a need is identified
• Escalating concerns timely

Basic Qualifications:

• Bachelor’s degree
• At least ten years of applicable experience

Preferred Skills/Experience:

• Strong knowledge of Compliance Requirements, and associated risk management activities
• Strong knowledge and understanding of Branch processes and controls.
• Professional certifications (CRCM) or Regulatory Agency experience preferred
• Strong understanding of CBB’s products/services, systems, processes, and controls
• Strong understanding of risk assessment activities, including risk identification, control documentation and evaluation, and ratings
• Strong critical thinking, project management, and organizational skills
• Strong relationship building and written and verbal communication skills
• Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications and word processing, spreadsheets, databases, and presentations

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.

For Network of Branches – Compliance managers are responsible for ensuring the following expectations are met by the team:

• Serving as the first/central point of contact and providing subject matter expertise
• Explaining requirements and providing feedback on how to comply
• Collaborating with partners to ensure the risks and control suites in the Enterprise Compliance Risk Assessment (ECRA) and the FaRB Risk Assessment are accurate and adequate
• Participating in issue vetting discussions to ensure applicable risks are identified and risk mitigation plans are adequate
• Providing support and seeking out creative solutions during examination, audit, and testing activities
• Engaging partners during Product Risk Management (PRISM) work to provide robust risk support, identify applicable risks, and evaluate risk mitigants
• Proactively identifying trends, emerging risks, and issues
• Developing and/or delivering training when a need is identified
• Escalating concerns timel

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 (some may vary based on role, location or hours):

• 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 la