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** U.S. Bank National Association is seeking a highly self-motivated individual contributor for the position of TPRM Portfolio Risk Manager. The Risk Manager plays a critical role in executing the TPRM program with a strong focus on risk identification, assessment, and mitigation throughout the third party lifecycle. This role goes beyond managing process execution- it is responsible for proactively evaluating and managing third party risk in partnership with key stakeholders to protect the company from potential exposure and ensure resilience. This position serves as a trusted advisor to the business, driving risk-based decision-making while ensuring alignment with regulatory expectations, policy requirements, and service-level objectives. With direct responsibility for partnering with Product Service Owners (PSOs) in assigned Business Lines (BL), BL Chief Risk Officers (CRO) staff, Risk/Compliance/Audit (RCA) Managers, Procurement Partners, Law Division, Technology and Information Security teams to implement and drive the end-to-end execution of third-party risk management lifecycle. **Essential Functions** + Risk Identification & Mitigation: Identify, assess, monitor and manage third party risks- with heightened focus on critical activities, operational resiliency, information security, concentration and compliance risks. + Lifecycle Oversight: Lead and support execution of third party lifecycle activities including due diligence, ongoing monitoring, risk assessments, issue remediation, and exit strategies, ensuring alignment with policy and control requirements. + Stakeholder partnership: Serve as a key liaison to business line stakeholders, risk SMEs, legal, and compliance to guide third party decisions and ensure appropriate risk treatment strategies are applied. + Service Level Management: Monitor and ensure performance of third parties meets defined SLAs and KPIs, escalating concerns and driving remediation as needed. + Continuous Improvement: Identify opportunities to enhance the TPRM program, tools, or processes with a risk-focused lens, contributing to a culture of continuous improvement. + Regulatory Alignment: Stay current on regulatory guidance (e.g. OCC, FRB, DORA) and internal policy expectations to ensure third party engagements remain complaint and well-managed. + Relationship & Risk Management: + Maintain and manage the risk and relationships with third party contacts globally (e.g., Account Manager) to support the Product Service Owners. + Understand and actively manage BL third party portfolios ensuring optimal product/service mappings, assessments/evaluations, and segmentation across both Corporate and Business Directed programs. + End-to-end responsibility for process execution/facilitation from change request intake through due diligence, risk assessment, contracting and ongoing monitoring incl. any Third-Party Events/Incidents. + Stay actively involved with assigned BL relationship managers/stakeholders and assist CROs with reporting updates for BL Risk Committee meetings. + Shepherd the request for new third parties, new product services, or new contracts through the process (Archer, Contract Lifecycle Management workflows) while prudently managing risk. + Coordinate contract reviews with Procurement, Law Division, and other RCS groups and ensure negotiations progress. + Effectively challenge RCS groups on findings (quantity and ratings severity) and escalate as needed. + Actively manage remediation plans through discussions with BL, RCS groups and third parties. + Actively manage reassessments and ensure overall portfolio risk remains within appetite (i.e., minimize Key Risk Indicator or other operational metric breaches etc.). + Partner with Product/Service Owners with BL's to actively manage third party performance, business continuity, resiliency, etc. **Basic Qualifications** + Bachelor's degree, or equivalent work experience in Risk Management, Business, Finance, or related field (certifications such as CTPRP, CRVPM a plus but not required) + Typically, more than six years of applicable experience in risk management, third party or vendor risk, or a related compliance function. + Strong understanding of third party risk domains (e.g. information security, resiliency, compliance, financial health, etc.). **Preferred Skills/Experience** + Proven ability to assess complex risks and translate into actionable insights and guidance. + Significant experience in all aspects of Third-Party Risk Management (TPRM) program management and understanding of applicable laws, regulations, financial services, and regulatory trends that impact the bank across the international U.S. Bancorp footprint. + Excellent interpersonal skills with the ability to influence and collaborate across business lines and functions. + Experience with TPRM platforms (e.g. Archer, ServiceNow) + Understanding of the business line’s operations, products/services, systems, and associated risks/controls. + Thorough knowledge of Risk/Compliance/Audit competencies. + Individual contributor skills in process management, influencing and negotiating. + Skills necessary to manage stressful situations. + Effective written and verbal communication skills. + Strong analytical and problem-solving skills. + Thrives in a dynamic, fast-paced environment with frequent changes in priorities; must be adaptable and open to evolving responsibilities. + Thought leader with a proactive mindset- able to challenge the status quo, offer strategic insights, and contribute to the continued evolution of the TPRM program. + Proficient computer skills, especially Microsoft Office applications. **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: zł171 020,00 - zł201 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.**