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
SUMMARY
The Consumer & Business Banking (CBB) Risk Management Business Line Control Analyst (BLCA) Role acts as the control point for risk assessment documentation in the Bank's system of record to ensure it adheres to Business Line Control Environment (BLCE), Enterprise Risk Taxonomy, and Risk Control Self-Assessment (RCSA) policies, as well as the Enterprise Compliance Risk Assessment (ECRA) procedure.
RESPONSIBILITIES
Maintain a solid working knowledge of the RCSA and BLCE policies along with the Enterprise Risk Taxonomy and the ECRA procedure.
Serve as a point of contact for RCSA and BLCE policies along with the Enterprise Risk Taxonomy questions and concerns from business unit and CBB Risk partners. Perform the research and analysis needed to understand and respond, and ensure best practices are consistently applied by all business units. Provide formal or informal training to business units and CBB Risk partners when the need is present.
Maintain an understanding of the business line's operations, products/services, systems, and associated risks/controls is needed to assist with providing credible challenge on inherent risk and control environment ratings, and risk/control change management.
Ensure each control record meets the definition of a control, is compliant with BLCE Policy, and is testable. The BLCA communicates best practices on control documentation, including how and when to document controls, and when to leverage ELCs.
Ensure the RCSAs are attested to timely by the Business Unit (BU) Heads, RCSA Coordinators, CRO, and SBLRM by providing insightful RCSA reporting prior to attestation, responding to ORM challenges, and completing appropriate changes in the risk assessments.
Review changes in Issues (new, completed per management assertion, and closed) and assesses impact to control environments. The BLCA coordinates with risk subject matter experts to ensure the impacts/exposures of open issues are accurately captured in risk assessment Control Environment Ratings.
Maintain awareness of relevant change management activities, including the implementation of new and changing business processes, products and services, Authoritative Documents (such as, Bank policies and guidelines), and compliance regulations. Responsible for working with Risk Subject Matter Experts and Business Unit partners to capture impacts in the relevant risk assessment(s).
Facilitate and participate in ongoing meetings with CBB Risk, business units, Operational Risk management, and Corporate Compliance partners to ensure robust communication and information sharing occurs across the groups.
Monitor PRISMs, regulatory changes, estimation method changes, sales practice events, Enterprise Data Governance Feeders and Key Report changes, 3rd Party changes, business resiliency rating changes, and work with BU partners and CBB Risk subject matter experts to ensure appropriate reflection in the risk assessments.
Enable and support the annual RCSA Workshop schedule and execution to ensure documentation remains current (i.e., 3rd Party, CAR, Issue, Product, Process, etc. alignment).
Research, remediate and/or respond to credible challenges and/or oversight routines from second line of defense (SLOD) partners.
Perform other duties as assigned.
BASIC QUALIFICATIONS
8+ years of related experience.
Bachelor's degree or equivalent work experience.
PREFERRED SKILLS/EXPERIENCE
Advanced understanding of the business line's operations, products/services, systems and associated risks/controls.
Possess a strong understanding of bank related Risk Program frameworks and administration.
Knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business.
Experience with facilitation of risk and control identification with business/first line of defense partners.
Analytical & problem-solving skills; ability to review, organize and rationalize large and various amounts of information to draw meaningful conclusions/recommendations, to identify and measure operations and/or compliance risk during high volumes of change management.
Effective written and verbal communication skills; ability to drive discussions to advise and influence stakeholders and provide strong credible challenge. Demonstrate concise, logical, audience-focused, accurate and relevant communication.
Possess excellent interpersonal skills, including collaboration, leadership, teamwork, conflict resolution, negotiation, relationship management, and adaptability.
Strong organization, analytical and project management skills
Proficient computer skills, especially Microsoft Office applications
Awareness of and experience with common Governance, Risk and Compliance (GRC) Platforms and tools used for data collection, aggregation, and reporting.
Applicable professional certifications
This position 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 (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:
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
Review our full benefits available by employment status here (https://careers.usbank.com/global/en/benefits/us) .
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: $98,175.00 - $115,500.00
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.
