Commercial Lending BL Regulatory Review Team Lead

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

Manage workflow and escalations of Insurance Support staff within the Commercial Lending Services group. Ensures work unit is adequately staffed and participates in work as necessary. Supervises assigned staff by allocating and monitoring work. Plans and schedules the daily work flow and coordinates with other areas as required to ensure compliance with service standards and regulatory deadlines. Assist in setting performance standards, and recommend process or policy improvements to enhance customer satisfaction. Provides subject matter expertise to support staff performing review and analysis of insurance policies for the express purpose of determining acceptability and compliance. 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.

BASIC QUALIFICATIONS

• Bachelor’s degree, or equivalent work experience
• Typically two to three years of experience in regulatory compliance activities

PREFERRED SKILLS/EXPERIENCE

• Strong knowledge of commercial insurance coverage and procedures
• Effective analytical skills with high attention to detail
• Experience reviewing and interpreting insurance policies as they apply to collateral secured loans
• Basic knowledge of government and regulatory laws and regulations
• Basic knowledge of U.S. Bancorp operations, policies and procedures
• Excellent verbal and written communication skills
• Ability to research and manage multiple projects and deadlines simultaneously
• Ability to navigate multiple computer systems, applications, and utilize search tools to find information
• Strong presentation skills

• 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