Enterprise Fraud Risk Management Business Line Risk 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 at—all from Day One.

Job Description

Candidate will act as a member of a team of fraud governance professionals (Business Line Risk Managers) as part of the Enterprise Fraud Risk Management 2LOD team within the Risk Management and Compliance business line. Business Line Risk Managers ensure proper governance, risk, and control activities are conducted that directly or indirectly impact the Company’s fraud risk and will report to the Director of Enterprise Fraud Governance.

Key responsibilities include:

· Execute fraud risk assessment processes and early engagement efforts with business lines to ensure effective controls are in place for business changes, aligning with policy and strategic risk mitigation

· Work cross-functionally with business line product and enablement partners to evaluate, identify, and influence adoption of a risk-based approach to mitigate potential fraud risk from either new product development/ modification of an existing product offering/ significant strategy update

· Execution of fraud risk management governance routines, such as the

· Evaluation of all fraud-related PRISMs

· Independent fraud risk assessments

· Fraud incident oversight

· Root Cause Analysis of large adverse events

· Fraud risk assessment of Third-Party Service Providers

· Fraud related complaint analysis

· Partner closely with the PRISM office and business line stakeholders on key initiatives including ongoing assessment of the PRISM fraud assignment criteria and other strategic ventures and acquisitions

· Stay on top of emerging fraud risks in the industry to ensure the assessments take into consideration current operating environment and speed of execution

· Drive and support strategic fraud risk initiatives and special projects as needed, contributing to enterprise-wide fraud risk mitigation and governance enhancements

· Collaborate and provide support to partners within the Enterprise Fraud Risk Management and other second line partners

Additionally, this role must have a thorough understanding of applicable laws, regulations, financial services, and regulatory trends that affect the organization. This role will interact directly with other peers and senior managers, requiring well developed presentation, relationship building, and negotiation skills. Lastly, a successful candidate will also possess the skills needed to effectively and credibly communicate with peers and senior managers across the organization in an evolving regulatory environment.

Basic Qualifications

• Bachelor's degree, or equivalent work experience

• Typically more than eight years of applicable experience

Preferred Skills/Experience

• Experience managing fraud risks within the financial services industry

• Extensive experience in operational risk governance routines, preferably in the financial services industry

• Excellent communication skills, both written and verbal

• Exceptional problem solving, critical thinking, and troubleshooting skills

• Ability to build relationships cross-functionally and over the phone

• Ability to work with and influence at all levels of the organization, including with executive leadership

• Ability to prioritize and manage multiple tasks, while establishing responsible deadlines

• Flexibility in day-to-day work and tolerance for ambiguity

• Positive ‘can-do’ attitude and a strong desire for continuous learning

• Attention to detail in writing, planning, and communication

This role requires working from a U.S. Bank location three (3) or more days per week.

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:

• 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

Review our full benefits available by employment status here ( .

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.

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: $111,605.00 - $131,300.00

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.