Operational Risk Review Senior Manager - Operations

Operational Risk Review Senior Manager

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 atall from Day One.

U.S. Bank is seeking an Operational Risk Review (ORR) Senior Manager ("Senior Manager") responsible for leading a team of Manager(s), Lead Analyst(s), and Analyst(s) in the strategic development, administration, planning, and execution of operational risk review activities within Independent Risk Review and Assessment (IRRA), a centralized second line of defense independent review function. This role offers an exciting opportunity to drive the continued growth, enhancement, and delivery of IRRA's operational risk review program.

Operational Risk Review (ORR) provides risk-based review and effective challenge of the Company's operational risk (inclusive of technology risk), and operational risk-related processes and controls associated with the products and services offered across all business lines and enabling functions. Based on the Company's enterprise risk taxonomy, in-scope operational risk categories include : Fraud, Operations, People, Security of Physical Assets, Third Party, Business Resiliency, Systems, Cyber / Information Security, Legal, Model, Conduct, and Data Management. Objective risk mitigation, process, and control review activities include planning and scoping, design and execution, reporting and rating, and Issue creation and validation.

Key responsibilities of the ORR Senior Manager include working with business lines and other Risk, Compliance, and Audit professionals across the Company to evaluate processes and controls to ensure an effective risk management framework. The ORR Senior Manager is responsible for directly managing a team of Manager(s), Lead Analyst(s), and Analyst(s), including overseeing review activities and projects, timely completion of planned reviews, conducting performance management, and overall staff development. The Senior Manager steers and oversees a portfolio of projects and activities that confirm compliance with internal policies and, as applicable, federal, state, and local laws, regulations, and guidance. Through review performance, the Senior Manager is responsible for the identification of gaps, weaknesses, and risk exposures within the control and process environment. If gaps are identified, the Senior Manager effectively challenges business line and Risk Management groups to influence development of sustainable solutions that mitigate compliance risks. The Senior Manager will deliver effective verbal and written communication of review results to Executive Management, including final Issues and Reports, and will respond to and / or escalation of significant risks, as appropriate.

The ORR Senior Manager must demonstrate strategic leadership, drive operational excellence, champion continuous improvement, credibly challenge and assess risk exposure, foster collaborative partnerships, and influence sound decision-making.

Basic Qualifications

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

Preferred Skills / Experience

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) :

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

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 : $170,255.00 - $200,300.00