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Essential Functions:
Oversee Operational Risk scorecard creation and trend reporting including identifying areas of emerging risk, automation or enhancement, escalating results, as necessary
Maintain the Operational Risk metric inventory, manage reviews and certification
Ensure Operational Risk data collection, documentation and reporting processes are in compliance with Bank’s Data Governance Policy and programs
Create and direct Concentration Risk Management reporting and analysis for ORM
Develop insightful and compelling reporting where information from a number of sources is summarized and organized for senior management, reports such as, but not limited to, the Operational Risk Quarterly Management Letter (QML)
Perform quality checks of Operational Risk reporting that is provided to senior management prior to distribution
Support ad hoc reporting requests from ORM, senior management, internal auditors, and regulatory examiners ensuring they are tailored appropriately for each audience
Engage with risk category owners and business line risk organizations; develop rapport and credibility in order to drive improvements
Ensure assigned projects are effectively and timely managed in accordance with Operational Risk Framework policies and program expectations
Keep abreast of industry best practices, regulatory guidance, and external risk environment and apply to the oversight of risk management activities
Lead or support the delivery of other key Operational Risk initiatives as assigned.
Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Typically more than eight years of applicable experience
Preferred Skills/Experience
- Excellent written and verbal communication skills, including the proven ability to understand, synthesize, and translate complex concepts into straight forward messages
- Able to manage multiple competing demands and prioritize effectively in a dynamic environment
- Strong process facilitation, project management, and analytical skills.
- Proficient in Microsoft Excel, PowerPoint, and Word; Tableau and Risk and Compliance (GRC) systems experience a plus.
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 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 .
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: $116,280.00 - $136,800.00 - $150,480.00 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.These jobs might be a good fit