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 Fiduciary Operational Risk Management Oversight position will provide independent operational fiduciary risk oversight from the second line of defense regarding the Banks’s fiduciary and trust operational support functions to ensure compliance with applicable laws, rules, guidance, and regulations.

Responsibilities will include:

• Working with business lines and support partners to identify, document and mitigate fiduciary operational risks and their related controls.

• Having appropriate knowledge and staying current on applicable fiduciary operational topics, industry trends, and risks and how they impact the Bank’s fiduciary business lines.

• Maintaining relationships and collaborating with other second line oversight groups as it relates to operational risk mitigation.

• Consulting on business line operational risk procedures, control design and training.

• Performing risk assessments on new products, processes and third parties.

• Reviewing marketing material reviews prior to distribution to intended end recipients.

• Documenting, assessing and oversighting applicable operational risks and controls within the enterprise risk framework tools (RCSA and ECRA).

• Participating in regulatory change management and business change projects as needed.

• Developing and monitoring first line and second line of defense fiduciary operational risk metrics and key risk indicators.

• Participate in regulatory exam processes.

Basic Qualifications

• Bachelor's degree, or equivalent work experience

• Typically more than six years of experience in fiduciary operational risk management, compliance, internal auditing, public accounting, or other relevant operational risk management experience.

Preferred Skills/Experience

• Demonstratable knowledge of fiduciary operational risks and impacts regarding personal trust and other fiduciary products, OCC related Handbooks and operational support functions.

• Emotional ownership – self-starter with high energy, motivation, commitment to excellence and positive approach to business challenges.

• Willingness to challenge processes and propose solutions.

• Ability to communicate effectively up and down the organization to influence outcomes.

• Comfort running multiple high priority tasks with business line management visibility.

• Strong attention to detail, organizational and time management skills.

• Demonstrated ability to deliver results as a sole contributor and as a team member.

• Strong verbal and written communication skills.

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.

**We are hiring in the following location:

• Charlotte, NC

• Minneapolis, MN

• St. Paul, MN

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 (https://careers.usbank.com/global/en/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 (https://eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12ScreenRdr.pdf) 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 (https://careers.usbank.com/verification-of-eligibility-for-employment) .

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: $95,285.00 - $112,100.00 - $123,310.00

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.