Business Banking Segment Strategy Risk and Change - Milwaukee, United States - U.S. Bank National Association

U.S. Bank National Association

Verified Company

Milwaukee, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

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.

The Business Risk Professional will partner with their assigned Line of Business, other Business Risk Professionals, and Business Risk Managers to, depending on their function, create, implement, maintain, review or oversee an effective risk management framework.

They may participate in projects and/or activities that ensure compliance with applicable federal, state and local laws and regulations. They may identify gaps and inform solutions that minimize losses resulting from inadequate internal processes, systems or human errors. They may actively identify, respond and/or escalate risks as appropriate. They may inform policies and procedures in an effort to maximize profit potential and minimize regulatory exposure. They may serve as a functional liaison between the Line of Business and the Lines of Defense.

Business Banking Segment Strategy Risk and Change Management
(Supporting the following teams:
GTM, Reporting & Analytics, Customer & Banker Success, Sales & Partnerships)

Key Responsibilities:

Serve as point of contact on various business banking audits and support audit inquiries and requests
Identify, vet, and manage business segment strategy related issues
Lead business change management initiatives related to segment strategy teams, including submission of related BCIQ/PRISM records
Participate in or lead stakeholder meetings regarding segment strategy related issues and business changes
Drive work to support the risk and control framework, including gap assessments
Review legal and regulatory applicability and business line impacts resulting from changes
Serve as a liaison between the business lines and the various lines of defense
Collaborate with other risk professionals and compliance partners with the bank
Creation and facilitation of communications and presentations to senior management related to business banking risk projects and priorities

Basic Qualifications

Bachelor's degree, or equivalent work experience
Seven to 10 years of applicable experience
Applicable professional certifications

Preferred Skills/Experience:

Possess advanced knowledge of business banking products and processes including a sound understanding of the related risk and controls
Possess strong knowledge and background of applicable laws and regulations
Ability to coordinate with impacted parties to get thorough and timely responses and credibly challenge responses to gap assessments
Effectively manage implementing business changes across multiple teams which includes updating processes, procedures and controls
Self starter with ability to maintain and develop a network of risk and business line partners to assist in facilitating business changes
Strong communication skills providing updates to impacted stakeholders on an ongoing basis
Ability to manage numerous audit requests; coordinate with business line partners to collect evidence and provide thorough and timely responses to questions from auditors
Assist with selfidentified issue vetting to ensure current concerns are properly identified and documented
Coordinate with risk partners to ensure resolution plans are properly designed to address all aspects of management responses and ensure corrective actions implemented adequately mitigate risks and demonstrate sustainability.
Manage to strict deadlines for issues, ensuring milestones and target closure dates are set properly and adhered to
Assist with preparation and review of memos and supporting documentation to ensure issues have been properly and completely resolved
Develop and present communication on status of issues and audits with impacted stakeholders and business line leadership; escalate potential issues as needed
Proficient computer navigation skills, specifically word processing, spreadsheets, databases and presentations
Strong analytical skills
Optimal: Prior experience working with first, second and third line of defense audit groups (CBB Quality Testing, CQA, CAS, etc.)

_ 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._

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