Partners with leaders in their assigned Line of Business, Risk/Compliance/Audit (RCA) Consultants, and other RCA Managers to, depending on the function, oversee the successful creation, implementation, and maintenance of an effective risk management framework. Lead projects and/or activities that ensure compliance with applicable federal, state, and local laws and regulations. Facilitate the identification of gaps and drive solutions that minimize losses resulting from inadequate internal processes, systems, or human errors. Ensures the active identification, response and/or escalation of risks as appropriate. May influence policies and procedures to maximize profit potential and minimize regulatory exposure. Accountable for an effective partnership between the Line of Business and the Lines of Defense.

Responsibilities: 

·         Partner with the business line and risk teams to establish and maintain a formally documented and comprehensive risk framework and control environment program that encompasses appropriate identification, assessment of risks with the aligned Risk Assessment Units (RAU) and controls.  This may include, but is not limited to risk/control record creation, risk/control alignments, desktop procedures, process maps, metrics with guardrails, on-going monitoring routines and issue escalation. 

·         Create and maintain risk & control frameworks in alignment with the U.S. Bank Risk Control Self-Assessment (RCSA) Policy, Enterprise Compliance Risk Assessment (ECRA) and Business Line Control Environment (BLCE) Procedures 

·         Complete analysis of risk/control environment to determine control environment effectiveness. 

·         Ensure formal RAU, Risk, and/or Control documentation is housed accurately within a central repository (Archer/eGRC) 

·         Present risk & control framework concerns to the Leadership team 

·         Enable and support annual RCSA Workshop schedule and execution to ensure documentation remains current (i.e. 3rd Party, CAR, Issue, Product, Process, etc. alignment). 

·         Coordinate and complete routine risk analysis and/or attestation cycles 

·         Research, remediate and/or respond to credible challenges and/or oversight routines from second line of defense (SLOD) partners.  

·         May be asked to perform special projects as needed. 

• Experience (6+ years) in risk management activities  
• Familiarity and experience of the business line’s operations, products/services, systems, and associated risks/controls, in particular Finance and/or other areas within the Chief Administration Office.
• Possess a strong understanding of bank related Risk Program frameworks and administration.  
• Knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business. 
• Experience with facilitation of risk and control identification with business/first line of defense partners   
• Analytical & problem-solving skills; ability to review, organize and rationalize large and various amounts of information to draw meaningful conclusions/recommendations, to identify and measure operations and/or compliance risk during high volumes of change management.   
• Effective written and verbal communication skills; ability to drive discussions to advise and influence stakeholders.  
• Possess business acumen and credibility.  
• High level of proficiency with communication; emphasis on accuracy, relevancy, and attention to detail   
• Awareness of and experience with common Governance, Risk and Compliance (GRC) Platforms and tools used for data collection, aggregation, and reporting.  
• Proficient computer skills, especially Microsoft Office applications 
• Applicable professional certifications 

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.