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

This role presents an exciting opportunity to drive the continued enhancements of reputation risk oversight across the enterprise; responsible for ensuring that reputation risks are identified and managed across the enterprise. The Risk Manager is responsible for developing and executing the organization's reputation risk management framework, which will include expanding formal oversight of first line environmental and social due diligence processes and managing oversight of policy, processes, and other activities to mitigate reputation risk enterprise wide. The Risk Manager will establish oversight protocols of first line risk activities, further expand reporting and metric monitoring, and creating scalable processes, to ensure reputation risk is effectively managed. The role will report to the Environmental and Social Risk Management Director.

The role will require a strong drive to build out new risk oversight protocols, expert knowledge of risks and controls, strong ability to work across business areas to influence change, and strong critical thinking and problem solving skills, including the ability to analyze operational and financial impact of reputational exposures and risk mitigation approaches while providing effective challenge to first line of defense functions.

The highly complex and intellectual role requires a unique ability to assess reputation risk using a strong knowledge of business line activities and considering a multitude of factors such as external events and trends, as well as the consideration of environmental and social risk factors and industry and regulatory dynamics.

Key responsibilities include:
• Building and executing Environmental and Social Risk Policy oversight protocols, including the enterprise environmental and social due diligence processes. Provide feedback and recommendations to enterprise stakeholders, including through the opening of formal issues, on the adequacy of business line risk identification.
• Developing and managing reputation risk reporting and metrics to identify, monitor and escalate reputation risks across stakeholder and business areas.
• Overseeing the creation and effectiveness business line procedures, controls and issues associated with reputation risk.
• Creating and overseeing processes and procedures that manage reputation risk, including internal controls and control documentation such as the RCSA.
• Building on existing risk activities by partnering with other second line of defense programs, including Credit Risk, Risk Identification, and Climate Risk.
• Advising on issue remediation to ensure reputation risks are sufficiently mitigated.
• Engaging with external stakeholders such as Corporate Audit and regulatory agencies.
• Coordinating and authoring reputation risk materials for the Corporate Responsibility and Reputation Committee, quarterly management letters, various risk working groups, and applicable disclosures.

Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Typically more than 10 years of applicable experience

Preferred Skills/Experience
- In-depth knowledge of enterprise risk management approaches and objectives (e.g. risk management framework, risk appetite, risk/material risk identification, risk measurement, policy development, data governance, committee governance)
- Robust understanding of U.S. Bank business areas, risk management programs and organizational structure
- Strong drive and ability to develop oversight programs using data, risk and control knowledge, and relationship management
- Strong leadership and management skills of processes, projects and people
- Strong problem-solving and people-influencing skills. Substantial examples of driving effective change through influence
- Current or prior leadership roles in risk management, experience in industry environmental and social risk management a plus
- Strong knowledge of Risk/Compliance/Audit competencies
- Excellent written and verbal communication skills
- Data analysis experience with ability to identify anomalies or outliers
- Demonstrated ability to credibly challenge senior and executive level managers

The role 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 (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: $133,365.00 - $156,900.00 - $172,590.00

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.

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.