Risk Manager Wealth, Corporate, Commercial & Institutional Banking - Credit Risk
About the role
This role is an integral member of the Wealth, Corporate, Commercial & Institutional Banking (WCIB) and Institutional Client Group (ICG) Credit and Lending Risk group. The purpose of the program is to ensure a consistent and effective standard is applied to exam management across all WCIB Business Units (BU).
Responsibilities
- Act as primary point of contact for all internal parties (Regulatory Services, CRR, OCC, BU's)
- Communicate current-state quality of key BU processes in light of upcoming exams to Senior Management and exam partners
- Coordinate and organize exam and credit file documentation
- Track and report exam status
- Collaborate with BU for the duration of applicable exams
- Participate in identification of root causes and resolution plans as issues are identified
- Lead projects that ensure compliance with Credit Policy, BU Procedures, applicable federal regulations
- Facilitate the identification of, and solutioning for, risks resulting from inadequate internal processes, systems or human errors
- Ensure the active identification, response and/or escalation of risks as appropriate
- Act in the capacity of Subject Matter Expert for a variety of credit related processes and products
- Identify best practices and lead widespread adoption
- May influence policies and procedures to regulatory and credit process risk
- Be accountable for an effective partnership between the Lines of Business and the Lines of Defense
Basic Qualifications
- Typically more than 10 years of applicable experience
- Bachelor's degree, or equivalent work experience
Preferred Skills & Experience
- Expert knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business
- Expert knowledge of the business line's operations, products/services, systems, loan documentation, and associated risks/controls
- Advanced knowledge of Risk/Compliance/Audit competencies
- Strong leadership and management skills of processes, projects and people
- Excellent written and verbal communication skills
- Strong analytical, problem-solving and negotiation skills
- Proficient computer skills, especially Microsoft Office applications, nCino, AFS & LIQ and SharePoint
Location Expectations
This role requires working onsite from a U.S. Bank location three or more days per week.
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
Pay
Pay Range: $133,365.00 - $156,900.00