Product Analyst, Risk Strategy

U.S. Bank; Cincinnati (OH); Hybrid; USD 76,000 - 89,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

401(k) and retirement plan

Paid vacation and holidays

Disability and parental leave

Job summary

U.S. Bank seeks a CBB Risk Strategy Product Analyst to execute testing ensuring disclosures and policies comply with laws and regulations. You will identify gaps, partner across RCA teams, and escalate risks as needed to support Deposits and Lending.

The role offers hybrid/flexible scheduling, with in-office presence of 3+ days per week and flexibility to work remotely on other days. Equal opportunity employer and comprehensive benefits are provided.

Qualifications

• Background in data analysis techniques to create end user reporting.
• Testing with focus on identifying customer harm and remediation processes.
• Strong attention to detail and ability to independently manage priorities.
• Knowledge of applicable laws, regulations, financial services and regulatory trends.
• Understanding of business line operations, products/services, systems, and risks/controls.
• Familiarity with Risk/Compliance/Audit competencies.
• Strong analytical, facilitation and project management skills.
• Excellent written and verbal communication skills.

Responsibilities

• Partner with assigned Line of Business and RCA professionals to implement or oversee an effective risk management framework.
• Participate in projects ensuring compliance with federal, state, and local laws and regulations.
• Identify gaps and inform solutions to minimize losses due to inadequate processes or human errors.
• Serve as a liaison between the Line of Business and the Lines of Defense.

Skills

Data analysis

Customer harm testing

Attention to detail

Regulatory knowledge

Operations knowledge

Project management

Communication

MS Office

Certifications

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 CBB Risk Strategy Product Analyst will execute ongoing testing targeting complete populations to ensure compliance with applicable disclosures, internal policies and procedures, and other applicable federal, state and local laws and regulations, as assigned. Product Analysts identify gaps and partner across functional areas to inform solutions that minimize losses resulting from inadequate internal processes, systems or human errors. Identifies, responds and/or escalates risks as appropriate to support the Deposits and Lending areas.

Position Highlights

• Partners with their assigned Line of Business, other Risk/Compliance/Audit (RCA) professionals, and RCA Managers to, depending on their function, create, implement, maintain, review or oversee an effective risk management framework
• Participates in projects and/or activities that ensure compliance with applicable federal, state, and local laws and regulations
• Identifies gaps and inform solutions that minimize losses resulting from inadequate internal processes, systems or human errors
• Identifies, responds and/or escalates risks as appropriate. Serves as a functional liaison between the Line of Business and the Lines of Defense

Basic Qualifications

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

Preferred Skills and Experience

• Background or understanding of data analysis techniques to create end user reporting
• Background in testing with a focus on identifying customer harm and familiarity with customer remediation processes
• Strong attention to detail and ability to independently manage priorities
• Intermediate knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business
• Intermediate 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
• Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications and word processing, spreadsheets, databases, and presentations
• Applicable professional certifications

Hybrid/flexible schedule

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

• 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.

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 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: $75,820.00 - $89,200.00

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.

Posting may be closed earlier due to high volume of applicants.