U.S. Bank Specialized Finance Business Line Review Manager in Chicago, Illinois
At U.S. Bank, we're passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, we’re one of the country's most respected, innovative and successful financial institutions. 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.
This management role is responsible for conducting, documenting, and reviewing control projects, within the Specialized Finance business units (ABF, Dealer Services, Equipment Finance, and Sponsor Finance). Performing or overseeing control reviews consistent with established policies, procedure; defines scope of testing including documenting rationale for scope, performed by their employees and them. Identifies non-compliance with internal procedures, regulatory requirements, and U.S. Bank policies through these reviews, clearly documents work performed and conclusions reached. Reports findings of control projects to appropriate management and works with management to develop steps for issue resolution. Summarizes and presents the results of control projects for Senior Management. Reviews and analyzes internal and external regulatory reports and coordinates with responsible parties to ensure compliance with applicable regulations while partnering with Corporate & Commercial Banking (CCB). This position allows you to work independently with CCB and senior management positions in all Specialized Finance the business units.
Maintain Operational and Compliance/Regulatory Risks at acceptable levels
Lead the planning requirements for Reviews
Completes and/or supervises completion of risk and control design assessments
Executes control testing and supervise execution of control testing performed by Risk Review and Assessment representatives
Ensure findings of control testing are documented and communicated to appropriate functional management
Summarizes and communicates findings and recommendations to business line Senior Management
Track/monitor progress made on management responses to control testing recommendations
Review Policies (Guidance Documents & Procedures) for impact on the Specialized Finance Business Units
Assist with management of SOX, Basel, ECRA, FaRB, and RCSA within reviews
Conduct targeted control reviews of products and lines as requested by Senior Management
Exercises the usual authority of a manager regarding staffing, performance appraisals, promotions, salary recommendations and terminations.
Additional risk and compliance activities as assigned.
Bachelor's degree, or equivalent experience
Ten or more years of related experience
Strong knowledge of audit methodologies
Strong knowledge of Risk/Compliance/Audit competencies
Strong knowledge of applicable regulations and Bank policies
Strong ability to identify and resolve exceptions and to analyze data
Strong process facilitation, project management, and analytical skills
Ability to manage multiple projects and deadlines
Experience writing business unit procedures
Ability to effectively communicate with all levels within the organization
Excellent verbal and written communication
Ability to manage multiple projects and deadlines.
Ability to travel up to 10%.
Strong understanding of the business unit’s operations, products/services, systems, and associated risks/controls
Specific knowledge of U.S. Bank and/or Specialized Industries and Finance business lines could compensate for lack of years’ experience required for position.
Take care of yourself and your family with U.S. Bank employee benefits. We know that healthy employees are happy employees, and we believe that work/life balance should be easy to achieve. That's why we share the cost of benefits and offer a variety of programs, resources and support you need to bring your full self to work and stay present and committed to the people who matter most - your family.
Learn all about U.S. Bank employee benefits, including tuition reimbursement, retirement plans and more, by visiting usbank.com/careers at https://www.usbank.com/careers/index.html .
EEO is the Law
Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal EEO is the Law at https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf poster.
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 at https://www.usbank.com/careers/verification-of-eligibility-for-employment.html .
Our 74,000 employees work across departments to help our millions of retail, business, wealth management, payment, commercial and corporate, and investment services customers across the country and around the world turn their dreams into reality. Our employees are empowered to create change and drive our future, and we pride ourselves on diligently and ethically upholding U.S. Bank’s best-in-class financial record and legacy of more than 150 years in banking. Most importantly, we put people first, cultivating and treasuring meaningful relationships with the customers we serve, the colleagues we support and the communities where we live and work.
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