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 at-all from Day One.
Job Description
The Chief Risk Officer (CRO)- Finance is the most senior operating officer for Risk and risk-related governance with Finance. It reports the Corporate Controller with a dual reporting to the Vice Chair | Chief Risk Officer, and a dotted line to the Administration Chief Risk Officer. The Finance CRO provides oversight of the business line's risk-taking activities and ensures adherence to the Risk Management Framework, including the Risk Appetite and Risk Scorecard and to all risk related and departmental policies, processes and procedures. This executive will oversee the ongoing identification and assessment of the business line's material risks and key controls.
KEY RESPONSIBILITIES
The Finance CRO is responsible for the identification and escalation of material risks and control deficiencies to the appropriate parties, including significant instances where risks are not aligned with Risk Appetite, as well as significant instances of non-compliance with policy requirements. Other responsibilities include ensuring that appropriate actions are taken to evaluate root cause for adverse events and driving corrective actions to strengthen risk management practices or reduce risk in their line of business. This Risk Officer ensures adherence to programs that are established to attract, develop, and retain the talent and staffing levels necessary to support U.S. Bank's Risk Management Framework and Risk Appetite.
Additionally, this leader will drive the identification of internal and external events as well as potential scenarios that could adversely impact U.S. Bank and Finance. They will oversee and direct activities to monitor ongoing compliance with Risk Management Framework and Risk Appetite requirements. This includes involvement in strategic planning, new business activities, and other key business decision-making.
The Finance CRO is a voting member of several senior operating committees and subcommittees. They will be part of the Global Accounting and Operations Senior Leadership team and ensure appropriate risk governance and reporting within Finance. Additionally, this role has shared risk oversight in Europe and Canada for Finance. They will interact regularly with executive management, external auditors and banking regulators.
Finally, this executive must a detailed understanding of key financial processes and oversee processes and risks associated with key financial processes, including Sarbanes-Oxley. With other financial leadership, they should demonstrate awareness of risk processes with a charge to identify potential risks, evaluation of those risks, and management of risk mitigation to minimize the impact.
They will also lead the Testing function across finance and administration which provides both evaluation of controls, quality assurance and issue identification in on-shore and off-shore environments.
QUALIFICATIONS
* Expert understanding of applicable laws, regulations, financial services, and regulatory trends that impact Finance* Highly skilled relationship and negotiation skills as well as strong ability to manage through stressful situations* Exceptionally strong skills in leadership and management of process, projects, presentations and people* Exceptionally strong oral and written communication, interpersonal, planning and implementation skills* Strong system skills (Microsoft 365)
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: $231,795.00 - $272,700.00 - $299,970.00
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.
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Job Tags
Holiday work, Temporary work,