Enterprise AI and Emerging Technology Risk Oversight Manager

US Bank; Minneapolis (MN); On-site; USD 140,000 - 200,000; Full time

Job summary

U.S. Bank seeks a senior risk and controls leader to oversee the second-line governance of AI, emerging technologies, and digital asset activities.

Partnering with executives across lines of business and risk, you will establish risk-management frameworks, ensure regulatory readiness, and drive credible challenge of technology risk decisions. The role emphasizes governance, policy support, risk classification, and cross-functional coordination to protect the bank's customers and assets while

Responsibilities

• Provide senior second-line leadership for AI, generative AI, autonomous AI and other emerging technologies.
• Oversee AI risk classification and tiering framework.
• Lead second-line oversight supporting the Artificial Intelligence Policy and AI governance processes.
• Monitor trends, exceptions, and emerging risks to determine where enhanced oversight may be warranted.
• Maintain effective escalation and reporting of significant AI risk issues to governance forums.
• Lead second-line oversight of digital asset activities, including stablecoins, tokenized deposits and custody.
• Coordinate with BSA/AML, sanctions, fraud, consumer protection, third-party and cybersecurity risk partners for an integrated view of digital asset risk.
• Establish key risk indicators, monitoring and reporting for digital asset activities and elevate material risks to governance forums.
• Maintain a forward-looking view of emerging technologies and their implications for the Bank's risk profile.
• Advise senior risk leadership on trends requiring increased attention, governance, or oversight.
• Represent second-line perspectives in regulatory, audit and independent assessment activities.

Job description

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

Partners with Senior to Executive Leaders in their assigned Line of Business, Risk/Compliance/Audit (RCA) Consultants, RCA Managers, and other Senior RCA Managers too, depending on the function, oversee the successful creation, implementation, and maintenance of an effective risk management framework. Accountable for projects and/or activities that ensure compliance with applicable federal, state, and local laws and regulations. Identifies gaps and drives solutions that minimize losses resulting from inadequate internal processes, systems, or human errors.

Accountable for the active identification, response, and/or escalation of risks as appropriate. Influences policies and procedures to maximize profit potential and minimize regulatory exposure. Accountable for an effective partnership between the Line of Business and the Lines of Defense. Manages a team of RCA Professionals with responsibility for staffing, performance management, prioritizing, guidance, and training.

Enterprise AI & Emerging Technology Risk Oversight

• Provide senior second-line leadership for AI, generative AI, agentic/autonomous AI and other emerging technologies, including blockchain/distributed ledger technology (DLT) and digital assets (e.g., stablecoins, tokenized deposits and assets, and digital asset custody).
• Establish and evolve the organization's risk-based approach to emerging technology oversight.
• Anticipate emerging technology risks and regulatory developments and translate them into appropriate risk oversight priorities.
• Provide independent review, credible challenge, and escalation of material technology-risk considerations.

AI Risk Governance

• Lead second-line oversight supporting the Artificial Intelligence Technology Policy and associated AI governance processes.
• Oversee the AI risk classification and tiering framework.
• Provide risk-based challenge of AI governance, methodology application, and material changes.
• Monitor trends, exceptions, and emerging risks to determine where enhanced oversight or governance may be warranted.
• Maintain effective escalation and reporting of significant AI risk issues to appropriate governance forums.

Digital Asset Risk Oversight

• Lead second-line oversight of the Bank's digital asset activities, including stablecoin and tokenized deposit initiatives, digital asset custody and safekeeping, tokenization and blockchain-enabled payment and settlement use cases.
• Provide independent review and credible challenge of new digital asset products, services and material changes through the new product and change-risk approval processes, ensuring activities remain within approved risk appetite.
• Oversee the identification and assessment of digital asset-specific risks, including cryptographic key management, smart contract integrity, wallet and custody security, network/protocol and consensus risk, reserve and liquidity management, and operational resilience of DLT platforms.
• Coordinate with BSA/AML, sanctions, fraud, consumer protection, third-party and cybersecurity risk partners to provide an integrated view of digital asset risk, including blockchain analytics and transaction-monitoring considerations.
• Assess third-party and ecosystem risk associated with digital asset custodians, sub-custodians, blockchain networks, issuers, and technology providers.
• Establish key risk indicators, monitoring and reporting for digital asset activities and elevate material risks, control gaps, and exceptions to appropriate governance forums.

Emerging Technology Strategy & Foresight

• Maintain a forward-looking view of emerging technologies and their implications for the Bank's risk profile.
• Assess how developments such as autonomous and agentic AI, tokenization, programmable money, and the convergence of AI with digital asset platforms may create new or materially different risk considerations.
• Connect emerging technology developments with existing enterprise risk disciplines instead of creating duplicative risk frameworks where established capabilities appropriately address the risk.
• Advise senior risk leadership on emerging technology trends requiring increased attention, governance, or oversight.

Independent Challenge and Regulatory Readiness

• Represent second-line emerging technology risk perspectives in regulatory, audit and independent assessment activities.
• Maintain readiness for evolving digital asset regulatory and