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U.S. Bank · 1 day ago

Risk Manager - Credit and Debit Cards

Minneapolis, MN

Full-time

Hybrid

Senior Level, Lead/Staff

$120K/yr - $141K/yr

8+ years exp

U.S. Bank is committed to helping customers and businesses make smarter financial decisions. The Risk Manager for Credit and Debit Cards will partner with leaders to provide regulatory guidance and ensure compliance with laws and regulations, while driving solutions to minimize risks and losses.

BankingFinancial ServicesInsuranceMortgageWealth Management

Responsibilities

Partners with leaders and Compliance colleagues in their assigned Line of Business Risk Managers across all regulatory disciplines, and Law Division personnel to, depending on the function, provide regulatory guidance and credible challenge for the successful creation, implementation, and maintenance of an effective risk management framework

Act as trusted advisor to Business Line (BL) first line of Defense (1LoD) and Chief Risk Office (CRO) colleagues for projects and/or activities that ensure compliance with applicable federal, state, and local laws and regulations

Facilitate the identification of gaps and drive solutions that minimize losses resulting from inadequate internal processes, systems, or human errors

Ensure the active identification, documentation and challenge or escalation of risks and their controls as appropriate

May influence policies and procedures to maximize profit potential and minimize regulatory exposure

Accountable for an effective partnership with 1LoD/CRO teams and with Risk Managers across other product and regulatory disciplines

Qualification

Credit/Debit Card RiskRegulatory ComplianceRisk Management FrameworkAnalytical SkillsCRCM CertificationLeadership SkillsMicrosoft OfficeWritten CommunicationVerbal CommunicationProblem-Solving SkillsNegotiation Skills

Required

Bachelor's degree, or equivalent work experience

Typically, more than eight years of applicable experience

Preferred

Advanced knowledge of applicable laws, regulations, financial services, and regulatory trends that impact credit and debit cards

Advanced understanding of the business line's operations, products/services, and systems

Advanced understanding of the credit/debit card risk and control framework

Thorough knowledge of Risk/Compliance/Audit competencies

Strong leadership and management skills of processes, projects and people

Strong written and verbal communication skills

Strong analytical, problem-solving and negotiation skills; comfortable presenting and defending regulatory guidance, even when it challenges the status quo

Proficient computer skills, especially Microsoft Office applications

CRCM Certified Regulatory and Compliance Manager