Strategic Initiatives Risk Consultant - Business Banking Product Support

Compliance And Operational Risk Subject Matter Expert

Provide compliance and operational risk subject matter expertise to support product teams and strategic initiatives. Risk management for assigned products within business banking. Support new product development, product structure, rates/fees, and other related strategic initiatives.

Support 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 team, First Line and Second Line of Defense Risk subject matter experts.

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, AI COE.

Basic Qualifications:

Bachelor's degree, or equivalent work experience

Typically more than eight years of applicable experience

Preferred Skills and 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

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

Hybrid/flexible schedule

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.

Benefits:

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:

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 law

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.