RCA Professional - Wealth Management Lending and Deposit

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

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 Duties of Position:

• Assist with developing compliance programs and processes that are effective, efficient and sustainable; seek process improvements by re-assessing compliance functions and approaches.
• Comprehensively oversee the implementation and execution of business line controls to ensure effectiveness.
• Maintain awareness of supervisory enforcement actions, legislative updates, new/amended regulatory requirements, industry trend and banking operations.
• Serve as a valued business partner, trusted advisor and key contact for first line risk partners; exercise credible challenge and drive desired results.
• Proactively engage with first line risk partners to identify, assess, document and mitigate potential risks via comprehensive, actionable and informative assessments, including:
• Business/Product Change Risk Assessments (PRISM)
• Enterprise Compliance Risk Assessments (ECRA)
• Compliance Approval Tool Reviews (CAT)
• Participate in, credibly challenge, and oversee various stages of issues (vetting, severity, resolution plans, etc.) and escalate when needed.
• Regulatory Change Management (RCM) oversight, guidance and escalation.
• Provide advice and oversight to Risk partners throughout audits and exams.
• Develop and produce management reporting for assigned compliance functions, as needed.
• Miscellaneous strategic initiative and project management support.

BASIC QUALIFICATIONS

• Bachelor’s degree, or equivalent work experience
• Typically more than eight 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. Primary laws/regs include: Reg X/RESPA, Reg B/ECOA, Reg E/EFTA, Reg V/FCRA, Reg Z/TILA, Reg DD/TISA, Reg CC, SCRA, TCPA, FDPA, Fair & Responsible Banking/UDAAP, etc.
• Considerable 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
• Effective relationship building and negotiation 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
• 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.

Job Duties of Position:

• Assist with developing compliance programs and processes that are effective, efficient and sustainable; seek process improvements by re-assessing compliance functions and approaches.
• Comprehensively oversee the implementation and execution of business line controls to ensure effectiveness.
• Maintain awareness of supervisory enforcement actions, legislative updates, new/amended regulatory requirements, industry trend and banking operations.
• Serve as a valued business partner, trusted advisor and key contact for first line risk partners; exercise credible challenge and drive desired results.
• Proactively engage with first line risk partners to identify, assess, document and mitigate potential risks via comprehensive, actionable and informative assessments, including:
• Business/Product Change Risk Assessments (PRISM)
• Enterprise Compliance Risk Assessments (ECRA)
• Compliance Approval Tool Reviews (CAT)
• Participate in, credibly challenge, and oversee various stages of issues (vetting, severity, resolution plans, etc.) and escalate when needed.
• Regulatory Change Management (RCM) oversight, guidance and escalation.
• Provide advice and oversight to Risk partners throughout audits and exams.
• Develop and produce management reporting for assigned compliance functions, as needed.
• Miscellaneous strategic initiative and project management support

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