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 Business Risk Professional will partner with Consumer and Business Banking (CBB), other Business Risk Professionals, and Business Risk Managers to, depending on their function, create, implement, maintain, review or oversee an effective risk management framework.
May participate in projects and/or activities that ensure compliance with applicable federal, state and local laws and regulations.
May identify gaps and inform solutions that minimize losses resulting from inadequate internal processes, systems or human errors.
May actively identify, respond and/or escalate risks as appropriate.
May inform policies and procedures to maximize profit potential and minimize regulatory exposure.
May serve as a functional liaison between CBB and the Lines of Defense.
Basic Qualifications
Bachelor's degree, or equivalent work experience
7 to 10 years of applicable experience
Applicable professional certifications
Preferred Skills/Experience
Advance degree in business, computer science, economics, finance, or statistics
Experience in credit developing credit risk strategies for underwriting or account management for unsecured lending
Advanced knowledge of SAS, SQL, R, Python, or other database programming languages
Experience working with large datasets
Effective verbal, written and presentation communication skills
Effective technical report writing skills
Ability to work independently with minimal guidance from manager
Provides analytical and project management in support credit risk management for Consumer Unsecured Lending products.
Identifies and analyzes acquisition, account management and portfolio performance trends using key indicators and techniques, using predictive credit risk models and other qualitative and quantitative methods.
Conducts data research projects end-to-end by integrating, aggregating or reassembling information from a variety of database sources and systems often based on well-defined directions, by writing database queries in SAS, SQL, R or other database query languages.
Supports the team with in-depth research and extensive analyses, requiring problem solving under limited supervision, however, with clearly defined procedures, summarized results, providing limited interpretation with the ability to convey both technical and non-technical concepts.
Develops, builds and maintains performance reporting to monitor overall portfolio and risk strategy performance.
Understands and communicates the impact of credit risk management strategies, research and outcomes in support of initiatives and proposals, as aligned to key business, product and consumer drivers.
Location Expectations
This role is hybrid. Team members who are in a hybrid role typically spend three days a week at the listed U.S. Bank location(s), while having flexibility on their work location for the other working 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 (https://careers.usbank.com/global/en/disability-accommodations-for-applicants) .
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 (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 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.
E-Verify
U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program (https://careers.usbank.com/verification-of-eligibility-for-employment) .
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $105,400.00 - $124,000.00
U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.
Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.
Posting may be closed earlier due to high volume of applicants.
