Independent Risk Assessment Analyst

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

The Independent Risk Review and Assessment (IRRA) Independent Assessment (IA) team provides independent evaluations that compare current Bank practices to pending regulatory change, regulatory guidance received through non-traditional channels (e.g., speeches, FAQs, etc.), regulatory enforcement actions received by other institutions, and other informal feedback.
IA is looking for an Analyst to execute assessment activities aimed at confirming alignment of the Bank’s practices to topic under assessment and/or identifying potential areas of risk exposure for the Bank.
Such assessment activities may include planning; identification and assessment risks, including compliance, regulation, safety and soundness, credit, financial, liquidity, and customer experience risks; evaluation of current processes; test execution; completion and review of work papers; exception vetting and root cause analysis; verbal and written communications; and reporting, all in accordance with IA procedures and guidelines and within established timelines.
This role partners and collaborates closely with the internal stakeholders, including business line management and the Chief Risk Offices (CRO), second line risk partners, and Audit.

BASIC QUALIFICATIONS

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

PREFERRED SKILLS/EXPERIENCE

• Advanced knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business
• Advanced understanding of the business line’s operations, products/services, systems, and associated risks/controls
• Thorough knowledge of Risk/Compliance/Audit competencies
• Strong analytical, process facilitation and project management skills
• Effective presentation, interpersonal, 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
• Applicable professional certifications

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