Operational Risk Oversight Lead at US Bank National Association
Charlotte, NC 28202, USA -
Full Time


Start Date

Immediate

Expiry Date

29 Oct, 25

Salary

136400.0

Posted On

29 Jul, 25

Experience

7 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Spreadsheets, Word Processing, Analytical Skills, Business Acumen, Databases, Financial Services, Regulations, Presentations

Industry

Financial Services

Description

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

Partners with their assigned Line of Business, other Risk/Compliance/Audit (RCA) professionals, and RCA Managers to, depending on their function, create, implement, maintain, review or oversee an effective risk management framework. Participates in projects and/or activities that ensure compliance with applicable federal, state and local laws and regulations. Identifies gaps and inform solutions that minimize losses resulting from inadequate internal processes, systems or human errors. Identifies, responds and/or escalates risks as appropriate. Serves as a functional liaison between the Line of Business and the Lines of Defense.

Job responsibilities include:

  • Coordination and oversight of ORM Framework reviews across business lines for compliance with ORM Framework Policies,
  • Oversight of root cause analysis for large loss events
  • Monitoring and reporting for Escalated Adverse Events
  • External Loss Event Monitoring
  • Assist with Operational Risk Scenario Analysis and CCAR, as needed

Basic Qualifications

  • Bachelor’s degree, or equivalent work experience
  • Seven to ten years of applicable experience

Preferred Skills/Experience

  • Considerable knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business
  • Considerable understanding of the business line’s operations, products/services, systems, and associated risks/controls
  • Considerable knowledge of Risk/Compliance/Audit competencies
  • Strong process facilitation, project management, and analytical skills
  • Must possess business acumen and credibility to help business line(s) proactively identify and address changing workforce needs
  • Excellent 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 preferred

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.

Responsibilities

Job responsibilities include:

  • Coordination and oversight of ORM Framework reviews across business lines for compliance with ORM Framework Policies,
  • Oversight of root cause analysis for large loss events
  • Monitoring and reporting for Escalated Adverse Events
  • External Loss Event Monitoring
  • Assist with Operational Risk Scenario Analysis and CCAR, as neede

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
Loading...