The Risk and Controls Analyst will serve as the primary risk support for line(s) of business within the Finance organization supporting the Payments and U.S. Bank Europe Finance organizations.

The Risk and Controls Analyst partners with their assigned Line(s) of Business, other Risk/Compliance/Audit (RCA) professionals, and RCA Shared Services to create, implement, maintain, review and oversee an effective risk management framework. This includes reviewing the design and performance of controls and, when necessary, advising on and implementing control enhancements.

Participates in Business Line control enhancement 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. Identifies, responds and/or escalates risks as appropriate. Serves as a functional liaison between the Line of Business and the Lines of Defense.

Reviews risks associated with projects such as new or expanded products, new technologies, new third-party relationships, and strategic initiatives. The Risk and Controls Analyst is expected to participate in projects to ensure adequate due diligence was performed and risk addressed prior to completion. The successful candidate will partner collaboratively across the Payments and U.S. Bank Europe business lines, Finance Risk Management, Internal and External Auditors, to create, implement, maintain, review or oversee an effective risk management framework.

The role works across risk disciplines to identify and implement new policies, enhanced procedures, and best practices.  The role will perform risk assessments to identify undocumented risks and control gaps and inform solutions that minimize issues and losses resulting from inadequate internal processes, systems or human errors. The candidate will work to improve our processes for identification of control breakdown and will build appropriate responses and communication to escalate risks as appropriate.

The role will maintain and enhance the Corporate Treasury risk inventory in accordance with Corporate Polices, Regulatory standards, and industry best practices.  Inventory management includes:

• Performing Process Risk Assessment activities throughout the supported business lines

• Engaging with Risk Shared Services to identify, document, and support review, credible challenge, and QA functions

• Perform ongoing process monitoring and self-assessment activities to ensure proper change management in all risk inventories

• Support Internal/External Audit requests and Regulatory Exam requests

Preferred Skills/Experience

• Working knowledge of applicable control frameworks including operational risk, financial risk, and reporting risk (Sarbanes Oxley)

• Strong process facilitation, project management, and analytical skills

• Act as a liaison to the company’s internal and external auditors

• Must possess business acumen and credibility to help business line(s) proactively identify and address changing risks

• Excellent presentation, interpersonal, written and verbal communication skills

• Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications and Archer eGRC

• Applicable professional certifications preferred including CIA, CPA, CISA

• Undergraduate degree with a major in Accounting, Business, or other related field

• Demonstrated ability to work in a complex environment.  

• Strong organizational skills with excellent attention to detail.  

NOTE:  This 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.