Senior Compliance Officer - Capital Markets

About the role

U.S. Bancorp is seeking a Senior Compliance Officer to advise U.S. Bank's Capital Markets. This role within the Capital Markets Compliance Team will serve as the regulatory subject matter expert in a diverse range of regulatory requirements supporting Fixed Income Capital Markets and Sales and Trading, including Credit, Structured and Municipal Products.

Partners with Senior to Executive Leaders in their assigned Line of Business, Risk/Compliance/Audit (RCA) Consultants, RCA Managers, and other Senior RCA Managers to oversee the successful creation, implementation, and maintenance of an effective risk management framework. Accountable for projects and activities that ensure compliance with applicable federal, state, and local laws and regulations. Identifies gaps and drives solutions that minimize losses resulting from inadequate internal processes, systems, or human errors. Accountable for the active identification, response, and escalation of risks as appropriate. Influences policies and procedures to maximize profit potential and minimize regulatory exposure. Manages a team of RCA Professionals with responsibility for staffing, performance management, prioritizing, guidance, and training.

Responsibilities

• Serve as the regulatory subject matter expert for Fixed Income Capital Markets and Sales and Trading, including Credit, Structured, and Municipal Products.
• Oversee the creation, implementation, and maintenance of an effective risk management framework.
• Ensure compliance with applicable federal, state, and local laws and regulations.
• Identify gaps and drive solutions to minimize losses from inadequate internal processes, systems, or human errors.
• Actively identify, respond to, and escalate risks as appropriate.
• Influence policies and procedures to maximize profit potential and minimize regulatory exposure.
• Manage a team of RCA Professionals, including staffing, performance management, prioritization, guidance, and training.
• Partner with Senior to Executive Leaders in the assigned Line of Business and RCA teams.

Requirements

• Bachelor's or advanced degree, or equivalent work experience.
• Typically more than 12 years of applicable experience.

Skills

• Significant experience with Fixed Income Capital Markets, Trading, and Institutional Sales Compliance, Controls, and Supervision.
• Ability to understand and communicate regulatory requirements.
• Strong written and verbal communication skills for complex issues.
• Critical thinking and ability to develop compliance programs that meet regulatory obligations and are operationally efficient and sustainable.
• Ability to handle and prioritize multiple initiatives and inquiries.
• Operates with a sense of urgency to execute action plans.

This role requires working from a U.S. Bank location three (3) or more days per week.

Benefits

• 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

The salary range for this role is $149,515.00 - $175,900.00, reflecting figures based on the primary location. The actual range 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).