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** **Credit Risk Program [Role]** We are seeking a strong risk leader to head our Credit Policy and Governance team which is part of our Credit Risk Administration (CRA) team. This individual is a key credit risk leader and partners with the Executive Credit Officers and the business units. The leader must have strong knowledge of credit policy and underwriting practices, executive presence and excellent partnership and collaboration skills. **About the CRA Team** We are a highly dynamic and talented team which delivers on our mission through four pillars: Customer, Process, Talent, and Data. **Vision** **|** W **e c** reate the future of credit risk management through data, analytics, and risk process innovation for our customers. **Mission** **|** We deliver data-driven information solutions to protect our stakeholders and inform the most significant financial decisions in the bank. **Values** **|** In addition to U.S. Bank core values, we prioritize collaboration, integrity, simplicity, and continuous learning. **About the Role** The Head of Credit Policy and Governance leads a highly qualified team of professionals responsible for administering credit policy, independent testing, and regulatory governance. This individual partners across the Executive Credit officers and the lines of business to provide a strong credit risk framework, address consistency issues across business lines and ensure compliance with regulatory guidance and related credit policy. **Key Activities** In this role, you will support U.S. Bancorp’s Credit Risk team through: **Policy** + Managing the credit policy framework and adherence to the Enterprise policy standards. + Identifying gaps or other issues and providing recommendations for proposed policy revisions to appropriately enhance the policy framework while ensuring continued strong risk management. + Managing communications with the Executive Credit Officers and business lines regarding upcoming policy changes, annual review, and regulatory change management. + Expert knowledge of underwriting and risk rating practices and application to various portfolios. + Assessing the impact of potential credit policy changes through research and analysis of credit data and trends related to policy risk topics. + Assessing and understanding recommended change impacts across various portfolios. + Monitoring the efficiency and effectiveness of policy through key process indicators. **Independent Testing** + Monitoring adherence to Credit Policy and the bank’s risk appetite through Quality Assurance reviews. + Manage the risks, Enterprise Valuations, and limits of the Leveraged Lending Portfolio. + Lead independent testing to identify areas of underwriting improvement. **Governance** + Partner with credit and business lines to prepare and remediate regulatory findings in key exams (e.g., the Shared National Credit exam). + Managing regulatory change management for revised or gaps to existing or new regulatory guidance. **Core Competencies** + Expert knowledge of credit policy, underwriting and commercial risk rating practices including prudent metric assessment such as FCC, DCR, Capex, etc. + Strong executive presence, communication (written and verbal communication) and people skills. + Strong collaboration and partnership across ECOs and business lines to achieve strategy goals in a prudent credit risk framework. + Considerable knowledge of applicable laws, regulations, financial services, and regulatory trends that impact credit risk and lines of business/portfolios. + Considerable understanding of the business line's operations, products/services, systems, and associated risks/controls. + Strong process facilitation, project management, and analytical skills. + Considerable knowledge of Risk/Compliance/Audit competencies. + Must possess business acumen and credibility to help business line(s) proactively identify and address changing workforce needs. + Strong knowledge of controls and governance expectations. + Applicable professional certifications preferred. **Basic Qualifications** + Bachelor's degree, or equivalent work experience. Master’s degree preferred. + A minimum of fifteen years of applicable experience in credit risk management and financial institutions. 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 (https://careers.usbank.com/global/en/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 (https://eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12ScreenRdr.pdf)** 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 (https://careers.usbank.com/verification-of-eligibility-for-employment) . 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: $186,150.00 - $219,000.00 - $240,900.00 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.