Operational Risk Review Analyst role focuses on driving risk review programs and enhancing compliance at U.S. Bank. Responsible for evaluating operational risks and reporting findings to management.
Responsibilities
Responsible for the execution of review activities within Independent Risk Review and Assessment (IRRA).
Drive the continued growth, enhancement, and delivery of IRRA’s operational risk review program.
Provide risk-based review and effective challenge of the Company's operational risk-related processes and controls associated with the products and services.
Conduct process and control review activities including planning, design, execution, report drafting, and issue validation.
Evaluate processes and controls to ensure effective risk management.
Confirm compliance with internal policies and identify control and process weaknesses.
Work with the ORR Manager to partner with business line and Risk Management groups to recommend solutions that mitigate operational risks.
Communicate review results to ORR Lead Analyst, Team Lead, and/or Manager, and escalate significant risks as appropriate.
Demonstrate critical thinking to deliver effective project management and engage in collaborative partnerships.
Requirements
Bachelor's degree, or equivalent work experience.
Typically more than three years of applicable experience.
Basic or intermediate knowledge of operational risks, including but not limited to Fraud, People, Third Party, System, and Conduct, as well as industry trends that impact Bank operations.
Basic or intermediate Risk, Compliance, and Audit competencies.
Solid understanding of the business line’s operations, products, services, systems, and associated risks.
Solid business acumen and credibility to help business line(s) proactively identify and address risks.
Average process facilitation, project management, and analytical skills.
Average presentation, interpersonal, written, and verbal communication skills.
Proficient computer navigation skills, including Microsoft Office applications for word processing, spreadsheets, databases, and presentations.
Applicable professional certifications (e.g., CRCM, CAMS, CPA, CIA, etc.) are preferred.
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
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