Strategic Initiatives Risk Consultant - Consumer Product Support at US Bank National Association
Cincinnati, OH 45226, USA -
Full Time


Start Date

Immediate

Expiry Date

20 Aug, 25

Salary

154990.0

Posted On

21 May, 25

Experience

8 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Good communication skills

Industry

Banking/Mortgage

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.

Responsibilities

RESPONSIBILITIES

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.

Additional responsibilities for this position include:

  • Provide compliance and operational risk subject matter expertise to support product teams and strategic initiatives.
  • Change management for assigned products within consumer lending and deposit. Support new product development, product structure, features, rates/pricing, rewards programs, and other related strategic initiatives.
  • Support Consumer & Business Banking (CBB) in an anticipatory posture related to the rapidly changing risk and compliance environment, while balancing process efficiencies and customer experience
  • Operate independently within the CBB and enterprise risk framework, often with tight deadlines and multiple, concurrent projects.
  • Partner with business line leaders, product teams, First Line and Second Line of Defense Risk subject matter experts on risks and controls.
  • Make informed risk decisions expeditiously to ensure consistent and timely risk support for the product teams. Provide risk expertise for complex change initiatives to ensure compliance with existing Risk policies.
  • Utilize existing enterprise risk management framework to ensure risk partners across the enterprise are engaged and informed, as needed (e.g., PRISM, CAT, TPRM, etc.). Navigate all risk approvals, as needed, including BCIQ, PRISM, and CAT. This may also include TPRM, EFCC, Model Governance

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
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