Credit Risk Manager

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

U.S. Bank is seeking a credit risk professional to join a dynamic Credit Strategy team with a focus on areas including risk rating framework and credit concentration (aggregation, hold limits and risk profile). Qualified candidates will possess strong technical skills, credit experience and systems knowledge in order to leverage various technology solutions and data sources to improve risk management through quality data based decisioning. They will partner across Senior/Executive Leaders, RCA Consultants, RCA Managers, regulatory contacts and business line teams to oversee the successful development, implementation, and refinement of effective risk management strategies / methodologies. They may be accountable for: 1) projects and/or activities that ensure compliance with applicable federal, state, and local laws and regulations, 2) identification of gaps and solutions that minimize losses resulting from inadequate internal processes, systems, technology, or human errors, 3) active identification, response and/or escalation of risks as appropriate, 4) management of reporting, testing/monitoring, and exception/resolution activities. They will be accountable to policies and procedures focused on optimizing risk vs return in partnership with U.S. Bank’s three lines of defense.

Basic Qualifications

• Bachelor’s or advanced degree, or equivalent work experience
• Typically more than 15 years of applicable experience

Preferred Skills/Experience

• Considerable knowledge of and experience with USB’s risk rating framework, aggregation and hold limit policies including existing process, controls and technology related to these areas
• Familiarity with USB data infrastructure and ability to quickly connect and analyze data across disparate platforms to inform solutions
• Strong familiarity with frequently used technology including nCino and Power Apps
• Expert understanding of applicable laws, regulations, financial services, market and regulatory trends that impact credit risk
• Experience and strong interest in developing / training early talent and supporting work across Credit Strategy
• Ability to effectively communicate and build consensus with senior/executive management across business lines and regulatory agencies
• Strong analytical, problem-solving and negotiation skills
• Proven ability to manage, prioritize, implement and refine initiatives broadly across USB

The role offers a hybrid/flexible schedule, which means there’s an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.
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.

• 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