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 Lead Fair and Responsible Banking Risk Consultant will support the Fair and Responsible Banking (FaRB) Program within Corporate Compliance in the second line of defense. This individual will play a key role in the ongoing execution of the FaRB Program by providing independent oversight, credible challenge, and advisory support across fair lending and UDAP/UDAAP risk. The Lead FaRB Risk Consultant will partner with business-aligned Compliance Risk Managers, business partners, CRO teams, and other stakeholders to translate regulatory expectations into practical, risk-based guidance that supports sound decision-making and effective risk mitigation. This role will contribute to the development and enhancement of the FaRB Program through risk assessments, monitoring, issue management, governance activities, and advisory support. The individual will also support special initiatives and horizontal reviews spanning multiple products, channels, and functions, helping to drive consistency, identify emerging risks, and strengthen overall program effectiveness and maturity.
Basic Qualifications
Bachelor's degree, or equivalent work experience
Typically more than eight years of applicable experience
Preferred Skills/Experience
Demonstrated experience in fair lending and UDAP/UDAAP compliance risk oversight, including advisory, risk assessment, monitoring, issue management, corrective action, and governance activities within a second line of defense framework.
Strong understanding of the application of fair lending and UDAP/UDAAP risks across financial products, with experience evaluating business practices throughout the consumer product lifecycle, including origination, pricing, marketing, servicing, and collections.
Ability to provide credible, independent challenge and translate regulatory expectations into actionable guidance, control expectations, and business decisions.
Experience developing effective partnerships and influencing cross-functional stakeholders across business, legal, risk, compliance, and analytics functions.
Ability to evaluate analytical and data-driven results, identify risk themes, and communicate conclusions and recommendations to stakeholders.
Experience reviewing and interpreting testing, monitoring, or risk assessment results to identify potential fair lending risks and escalate concerns as appropriate.
Experience supporting regulatory engagement and governance activities, including audit and examination requests, issue remediation efforts, and preparation of management and executive-level reporting materials.
Strong knowledge of applicable laws, regulations, financial services practices, and regulatory trends impacting fair lending and UDAP/UDAAP risk management.
Strong understanding of business operations, products, services, systems, and associated risks and controls.
Strong knowledge of risk management, compliance, and audit principles and practices.
Strong project leadership, collaboration, and stakeholder management skills, with the ability to lead complex initiatives and influence outcomes across matrixed teams.
Effective written and verbal communication skills, including the ability to communicate complex regulatory and risk concepts to diverse audiences.
Strong analytical, problem-solving, and critical thinking skills.
Proficient computer skills, including Microsoft Office applications.
Applicable professional certifications (CRCM, CAMS, CAFP, or similar) preferred.
This role requires working from a U.S. Bank location three (3) or more days per week.
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: $111,605.00 - $131,300.00
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.
