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

SUMMARY

The Consumer & Business Banking (CBB) Risk Strategy Enhanced Testing Analyst/Citizen Developer will participate in projects and activities that ensure compliance with investor guidelines, internal policies and procedures and other applicable federal, state and local laws and regulations as assigned. This position combines line-of-business knowledge with automation tools, e.g., Microsoft Power Platform, to automate process and procedures in a low-code to no-code environment.

RESPONSIBILITIES

Identifies gaps and informs solutions that minimize losses resulting from inadequate internal processes, systems or human errors. Identifies, responds and/or escalates risks as appropriate. Workable knowledge of applicable laws, regulations, financial services and regulatory trends that impact their assigned line-of-business. Job scope and complexity of assigned business is relatively moderate. Develop an understanding of the line-of-business operations, products/services, systems and associated risks/controls. Potential responsibility with reporting, testing/monitoring, exception/resolution activities and providing guidance. Interacts with line-of-business leadership while utilizing and displaying appropriate presentation and relationship-building skills. Occasional exposure to regulatory agencies.

Additional responsibilities for this position include:

- Design automation of controls to increase productive and reduce errors for assigned line-of-business.

- Perform high priority and targeted tests and analyze evidence of transaction handling or control performance against defined policies, guidelines or laws.

- Perform process inquiries, walkthroughs and procedure review to support the development/design of test work papers and control automation solution design documents.

- Validate populations of desired activity for accuracy and completeness. Selects test samples based on investor guidelines and internal program defined methodology (documenting rationale for adequate coverage).

- Ensure the resolution of previously identified issues is verified.

- Perform validation reviews targeted to assess adequacy and sustainability of management corrective actions taken to resolve certain issues or perform historical account reviews (lookbacks) -and where applicable- customer remuneration.

- Conduct a lookback to review historical transactions to determine the extent of the impact of a control breakdown.

- Support or lead test result discussions with line-of-business leadership and risk partners related to identified exceptions/issues, criteria used to define expected results, root cause assessment, exposure assessment and actions needed/recommended.

- Draft report for management review and distribution; compiling, analyzing, and documenting test work papers which support reported results to key stakeholders.

- Prepare work papers and readies for management review.

Location: Minnesota or Ohio expected in office 3+ days in office.

BASIC QUALIFICATIONS

- Typically more than two years of applicable experience.

- Bachelor's degree or equivalent work experience.

PREFERRED SKILLS/EXPERIENCE

- Two to three years of experience in an applicable risk management environment.

- Two to three years of experience monitoring, auditing, and testing of investor guidelines, regulations and financial services.

- Understanding of consumer lending/mortgage product/services, business line operations, systems, and associated risks/controls.

- Knowledge of Risk/Compliance/Audit competencies.

- Self-motivated, able to work in a group as well as independently.

- Strong critical thinking and analytical skills.

- Proven adaptability to changing priorities.

- Demonstrate flexibility and adaptability as project priorities/requirements evolve or change.

- Ability to identify and clearly communicate and document issues, root cause, exposure and recommendations

- Demonstrated presentation (verbal and written) and relationship building skills.
- Computer navigation skills utilizing various software applications, e.g., Microsoft Office, databases and presentations.

- Demonstrates technical knowledge in financial systems, audit tools, and other products including but not limited to: ACAPS, ALS, MSP; DocVelocity, LDRS, ECM, Hogan, LeaseMaster, Fusion etc.

This position 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:

• 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: $66,640.00 - $78,400.00

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.

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