Strategic Planning and Program Risk Manager
U.S. Bank
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
Responsible for strategic risk oversight through managing, monitoring, and coordinating risk management programs and projects for strategic risk. Ensures that risk associated with the Bank’s strategic priorities and initiatives are identified and managed across the enterprise. Establish oversight protocols of first line risk activities, develop reporting and metric monitoring, and create processes to ensure strategic risk is proactively managed within the Bank’s established strategic risk appetite.
Requires 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 strategic risk and mitigation approaches while providing effective challenge. Experience with corporate strategic planning and related processes, preferably within financial services, combined with a solid understanding of capital management and related risks are critical for this position.
Establish and enhance risk governance practices based on internal and external factors, such as industry and regulatory dynamics, changes to internal objectives and alignment with the Bank’s Strategic Risk Management Framework. Lead advancement of strategic risk functions including quantitative measures, project plan development, and timely execution of risk programs.
Key responsibilities:
• Support the operation of the framework for strategic risk oversight and challenge including risk inventory, issue management, and strategic initiative risk assessment.
• Develop and manage quantitative strategic risk metrics to identify, monitor and escalate risks across stakeholder and business areas.
• Facilitate connection of strategic risk and capital risk to monitor and manage the impact capital has on the ability to execute strategy and how the Bank’s strategic initiatives can impact capital levels
• Provide input into management and maintenance of the strategic risk framework, including the Risk Appetite Statement, relevant policies and procedures, and framework documents.
• Responsible for content and timely completion of QML and Risk Assessment Profile. Responsibility includes driving advancement of these risk reports and ensure alignment with the Strategic Risk Framework and Strategic Risk Taxonomy.
• Oversee the creation and effectiveness of business line policies, controls and issues associated with applicable strategic risks and open issues where risk processes/controls are lacking.
• Advise on issue remediation to ensure strategic risks are sufficiently mitigated.
• Create and oversee processes and procedures that manage strategic risk, including internal controls and control documentation such as the RCSA.
- Bachelor's degree, or equivalent work experience
- Typically more than 10 years of applicable experience
Preferred Skills/Experience
- Advanced knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business
- Advanced understanding of the business line’s operations, products/services, systems, and associated risks/controls
- Thorough knowledge of Risk/Compliance/Audit competencies
- Strong leadership and management skills of processes, projects and people
- Effective written and verbal communication skills
- Strong analytical, problem-solving and negotiation skills
- Proficient computer skills, especially Microsoft Office applications
- Applicable professional certifications
- 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 or strong prior experience in creating and leading strategic risk for a large enterprise
- Expert knowledge in quantitative metrics along with strong data analytic skills
- Strong leadership and management skills of processes, projects and people
- Substantial examples of driving effective change through influence
- Strong problem-solving and people-influencing skills
- Current or prior leadership roles in one or more risk disciplines that closely align with strategic risk
- Excellent written and verbal communication skills
- Demonstrated ability to credibly challenge senior and executive level managers
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
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: $133,365.00 - $156,900.00 - $172,590.00U.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.