Fair and Responsible Banking Risk Consultant

US Bank; Minneapolis (MN); On-site; USD 110,000 - 170,000; Full time

Benefits offered by this job

Healthcare benefits

Paid time off

401(k) with company match

Job summary

U.S. Bank is seeking a FaRB Risk Consultant to support the Fair and Responsible Banking (FaRB) Program within Corporate Compliance in the second line of defense.

You will review business practices, assess risk, and develop guidance that promotes sound risk management across consumer products and processes. This role requires strong analytics, regulatory interpretation, stakeholder engagement, and project management experience, with a focus on fair lending and UDAP/UDAAP risks across multiple

Qualifications

• Bachelor's degree or equivalent work experience required.
• Typically more than six years of applicable experience.

Skills

Fair lending knowledge

UDAP/UDAAP risks

Data analysis

Regulatory interpretation

Stakeholder engagement

Project management

Communication skills

Education

Bachelor's degree or equivalent

Tools

Microsoft Office

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

The Fair and Responsible Banking Risk Consultant will support the Fair and Responsible Banking (FaRB) Program within Corporate Compliance in the second line of defense. This role helps execute the FaRB Program and contributes to the effective governance and oversight of fair lending and UDAP/UDAAP risks. The FaRB Risk Consultant will work cross-functionally to review business practices and customer-facing processes, supporting efforts to assess risk, identify emerging issues, and develop practical guidance that promotes sound risk management. The individual in this role will support program initiatives and activities by using data, reporting, and other information to identify observations and trends and communicate clear, actionable insights. The FaRB Risk Consultant will also work with partners across the organization to promote alignment and support a consistent, scalable approach to managing FaRB risk.

Basic Qualifications

• Bachelor's degree, or equivalent work experience
• Typically more than six years of applicable experience

Preferred Skills/Experience

• Working knowledge of fair lending and UDAP/UDAAP risks, with the ability to identify and assess risk drivers across consumer products and related processes.
• Experience supporting fair and responsible banking program activities, such as translation / Limited English Proficiency, program governance, risk assessment, and stakeholder engagement.
• Ability to interpret regulatory expectations and internal policies, translating them into practical guidance and supporting effective challenge of business practices and controls.
• Strong analytical and problem-solving skills, including the ability to interpret data, identify trends, and communicate risk insights clearly.
• Effective communication skills, with experience supporting routine governance activities, preparing materials, and responding to internal and external inquiries.
• Experience supporting project management activities, including tracking actions, assessing progress, and ensuring timely completion of program objectives.
• Considerable knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business
• Considerable understanding of the business line's operations, products/services, systems, and associated risks/controls
• Thorough knowledge of Risk/Compliance/Audit competencies
• Strong analytical, process facilitation and project management skills
• Effective presentation, interpersonal, written and verbal communication skills
• Effective relationship building and negotiation skills
• Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications and word processing, spreadsheets, databases, and presentations
• Applicable professional certifications

LOCATION EXPECTATIONS

This role requires working from a U.S. Bank Location three (3) or more days per week.

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:

• 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

Review our full benefits available by employment status here.

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.

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