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 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

Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Typically more than six years of applicable experience

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.

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: $105,400.00 - $124,000.00 - $136,400.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

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.