Credit Centralized Background Group Manager - Wealth, Corporate, Commercial & Institutional Banking

Job Title

WCIB Centralized Background Group Manager

Job 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 atall from Day One.

Reporting to, and in coordination with, the Sr. Director of Credit and Lending for Wealth, Corporate, Commercial & Institutional Banking (WCIB) within the Chief Risk Office, the WCIB Centralized Background Group Manager will oversee a small staff responsible for the intake, review, summary and escalation as necessary, of background information for new and renewed commercial credit customers and affiliated parties.

This role will be a hands-on leader, must prioritize workflow and organization as well as quality of product produced. This newly created group is an integral function of the Credit and Lending Program within WCIB Risk, responsible for a high volume of intake, review and delivery of background summaries back to the respective business lines, in a timely manner. When warranted, this role will also manage reviews through graduating levels of escalation. The purpose of the program is to ensure a consistent and effective standard is applied to background review of new and renewed customers based upon third-party provided info as well as various internally sourced data streams. This leader must have a continuous process improvement mindset, always in search of more efficient processes and increased precision of work product. This highly visible role will have exposure across several business lines, and up to executive leadership. We're looking for a self-starter who can think critically and help build high quality, consistent, and timely processes. The responsibilities for this position may eventually include having direct reports.

Basic Qualifications

Typically more than eight years of applicable experience.

Bachelor's degree, or equivalent work experience.

Preferred Skills/Experience

Eight or more years of experience in an applicable risk management environment, specifically credit and lending.

Expert knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business.

Expert knowledge of the business line's operations, products/services, systems, loan documentation, and associated risks/controls.

Advanced knowledge of Risk/Compliance/Audit competencies.

Strong leadership and management skills of processes, projects and people.

Excellent written and verbal communication skills.

Highly organized and responsive to changing priorities.

Strong analytical, problem-solving and negotiation skills.

Proficient computer skills, especially Microsoft Office applications, nCino, AFS & LIQ, SharePoint.

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:

• 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

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.

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: $119,765.00 - $140,900.00

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.

Posting may be closed earlier due to high volume of applicants.