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 Fiduciary Operational Risk Management Oversight position will provide independent operational fiduciary risk oversight from the second line of defense regarding the Banks’s fiduciary and trust operational support functions to ensure compliance with applicable laws, rules, guidance, and regulations.

Responsibilities will include:

• Working with business lines and support partners to identify, document and mitigate fiduciary operational risks and their related controls.

• Having appropriate knowledge and staying current on applicable fiduciary operational topics, industry trends, and risks and how they impact the Bank’s fiduciary business lines.

• Maintaining relationships and collaborating with other second line oversight groups as it relates to operational risk mitigation.

• Consulting on business line operational risk procedures, control design and training.

• Performing risk assessments on new products, processes and third parties.

• Reviewing marketing material reviews prior to distribution to intended end recipients.

• Documenting, assessing and oversighting applicable operational risks and controls within the enterprise risk framework tools (RCSA and ECRA).

• Participating in regulatory change management and business change projects as needed.

• Developing and monitoring first line and second line of defense fiduciary operational risk metrics and key risk indicators.

• Participate in regulatory exam processes.

Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Typically more than six years of experience in fiduciary operational risk management, compliance, internal auditing, public accounting, or other relevant operational risk management experience.

**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.**

**We are hiring in the following location:

• Charlotte, NC

• Minneapolis, MN

• St. Paul, MN

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: $95,285.00 - $112,100.00 - $123,310.00

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.