Credit Risk Review Manager - Wholesale Team
U.S. Bank
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 leaders in multiple Lines of Business, Risk/Compliance/Audit (RCA) Consultants, and other Risk Management and Compliance Managers to, depending on the function, oversee the successful creation, implementation, and maintenance of an effective risk management framework. Lead projects and/or activities that ensure compliance with applicable federal, state, and local laws and regulations. Facilitate the identification of gaps and drive solutions that minimize losses resulting from inadequate internal processes, systems, or human errors. Ensures the active identification, response and/or escalation of risks as appropriate. May influence 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.
Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Typically more than 10 years of applicable experience
Preferred Skills/Experience
+ Strong leadership ability and ability to develop into a strategic leader.
+ Bachelor’s degree in finance, accounting, business, or a related field preferred, or a Bachelor’s degree with relevant industry and/or credit review experience. Individuals may have a Master’s degree and/or professional designation in a business field.
+ Exceptional understanding of wholesale lending policies, account management practices, and problem account management techniques, to critically evaluate, draw conclusion and challenge a business unit/process.
+ Strategic manager that directs the completion of multiple tasks, projects, and deadlines simultaneously. Completes work by, or ahead of time deadlines.
+ Proficient secondary reviewer that can accurately and effectively challenge first reviewer and project manager conclusions, when appropriate.
+ Knows, understands, accurately uses, and stays current on bank loan policies, industry practices, and regulatory requirements/guidance.
+ Knows, understands, accurately uses, and stays current on CRR practices and challenges existing processes, when appropriate, to effect positive change.
+ Expert level knowledge of credit review processes, and ability to complete thorough work paper review and ensure all key areas of a review were sufficiently addressed and documented.
+ Establishes and sustains a high level of trust and credibility with the assigned business line, credit partners, regulatory agencies, and within CRR.
+ Ability to investigate, identify, and articulate root causes of issues and credit risk impact.
+ Well-developed decision making and problem solving skills; consistently draws accurate conclusions and can make decisions in complicated situations, unique conditions or without the benefit of full information. Understands when to escalate issues to senior management.
+ Strong leadership ability, including ability to manage a diverse group of individuals with differing backgrounds and skillsets. Ability to assess individual skills and expertise, and willingness to delegate work to optimize individual strengths and develop team members.
+ Proactively influences behavior with credible, value-added, and risk-based challenge or guidance to ensure a strong credit culture.
+ Strong negotiation/persuasion skills, with the ability to positively influence others over which the incumbent has no direct authority.
+ Well-developed people skills: The ability to deal with and react to highly sensitive issues in a confidential and professional manner.
+ Excellent communicator. Clearly and concisely articulates questions and conclusions. Translates complex concepts into common sense actionable terms. Superior presentation skills.
+ Clear and concise writing style and the ability to critique and develop the professional writing skills of team members.
+ Strong time management skills, including the ability to independently prioritize assigned tasks, project achievable delivery dates, oversee the work of team members, and ensure direct and indirect assignments meet or exceed deadlines.
+ Effectively collaborates with other team members, within and across CRR and IRR teams.
+ Requires minimal guidance and instruction from the Senior Manager, but appropriately solicits guidance, when needed.
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 (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
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 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: $126,820.00 - $149,200.00
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.**
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