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 Law Division’s risk management program is designed to promote effective governance and risk management that is systematic, transparent, credible, timely, and verifiable through clear delineation and execution of key roles and responsibilities. Its goal is to assess and manage legal risks that may impact the Company and manage internal Law Division operational, reputational, strategic, and other risks. Risk Professionals in the Law Division strive to identify and address risk for the Law Division in a highly regulated and ever-evolving business environment.
The successful candidate must have demonstrated critical thinking, strong analytical and decision-making ability, and sound judgment, as well as exceptional issue identification and problem-solving skills. The candidate must be detail-oriented, organized, efficient, and resourceful, with demonstrated ability to manage multiple projects simultaneously and work with minimal supervision, individually and as a member of a team. The candidate must be able to convey complex facts clearly and concisely, orally and in writing, and observe the highest degree of confidentiality when handling sensitive information. The candidate must be forward-thinking and be comfortable collaborating across the Law Division and the enterprise and taking the initiative.
Essential Functions
- Partner with the Bank’s Risk Management and Compliance (RM&C) oversight functions to support Law Division compliance across risk management programs.
- 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.
- Serves as a functional liaison between the Line of Business and the Lines of Defense.
- Assist with implementation of Enterprise policies applicable to the Law Division, including assessing procedures and performing gap assessments.
- Oversee, manage, and report on Law Division risk programs including Issue Management, Models/Tools, training, and Risk and Control Self-Assessments (RCSAs).
- Assist with managing the Law Division’s Third-Party Risk Management (TPRM), Information Security Services, Data Protection and Privacy, and Regulatory Change Management risk programs.
- Work with the Bank’s Global Ethics Office and Anti-Bribery and Corruption functions to manage and document applicable controls, report metrics, and review Gifts and Business Hospitality requests.
- Establish and maintain strong relationships within the Law Division and across the Bank.
- Work cooperatively with the Bank’s RM&C oversight functions and Business Lines to understand the Bank’s products and services, as well as the underlying policies, procedures, and controls supporting the Bank’s Risk Management Framework.
- Assist Law Division Chief Risk Officer with special projects, as needed.
Location Expectations
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.
Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Typically more than five years of applicable experience
Preferred Skills/Experience
- Three or more years of risk management/compliance experience at a large public company
- Prior financial industry experience, including familiarity with bank processes, policies, and procedures.
- Experience working in or collaborating with a legal department
- Experience with Microsoft Office Suite, SharePoint, ServiceNow, and data visualization tools.
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.
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
EEO is the Law
U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS EEO poster.
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.
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: $92,820.00 - $109,200.00 - $120,120.00
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.
Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date.
