Operational Risk Review (ORR) Analyst

U.S. Bancorp
Minneapolis, Oregon, Cincinnati, Missouri
Workplace: OnsiteFull timeUSD 92,820 - 109,200 annuallyFunction: Legal, Risk & ComplianceExperience: 5+ yearsEducation: bachelorsSkills: ["Analytical skills","Effective communication","Process facilitation","Project management","Interpersonal skills"]

Execute operational risk reviews and issue validation work within U.S. Bank’s Independent Risk Review and Assessment (IRRA) function. Partner with business stakeholders and risk, compliance, and audit teams to evaluate controls, documentation, data, and evidence; identify control/process weaknesses; and escalate risks. Produce audit-ready workpapers and communicate progress, findings, and next steps, using data and reporting outputs to detect trends and anomalies across in-scope risk categories.

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FursaFursa
U.S. Bancorp
U.S. Bancorp
1 month ago

Operational Risk Review (ORR) Analyst

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Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI
Last checked: 25 days agoStatus: Live

Job Summary

Execute operational risk reviews and issue validation work within U.S. Bank’s Independent Risk Review and Assessment (IRRA) function. Partner with business stakeholders and risk, compliance, and audit teams to evaluate controls, documentation, data, and evidence; identify control/process weaknesses; and escalate risks. Produce audit-ready workpapers and communicate progress, findings, and next steps, using data and reporting outputs to detect trends and anomalies across in-scope risk categories.
Location: Minneapolis, Oregon, Cincinnati, Missouri
Workplace: Onsite
Employment Type: Full time
Job Function: Legal, Risk & Compliance
Seniority: Mid level

Key Responsibilities

  • •Execute assigned portions of operational risk reviews, issue validations, continuous monitoring, and ORR projects to methodology, timelines, and quality standards.
  • •Evaluate business processes, controls, documentation, data, and evidence to support conclusions about design, execution, remediation, and risk exposure.
  • •Assess corrective actions, root-cause alignment, sustainability of remediation, and completeness of supporting evidence for issue validation.
  • •Develop detailed, organized, audit-ready workpapers and analysis that connect evidence to observations and conclusions.
  • •Develop and use data and reporting outputs to identify trends, anomalies, population/sample considerations, and areas of elevated operational risk.

Pay and Benefits

Salary: USD 92,820 - 109,200 annually
Perks:Health InsuranceDentalVision401kPaid Leave

Key Requirements

  • •Bachelor’s degree or equivalent work experience.
  • •Typically more than five years of applicable experience.
  • •Basic to intermediate knowledge of operational risk, control frameworks, issue management, remediation validation, and risk-based review practices.
  • •Basic to intermediate Risk, Compliance, and Audit competencies, including evaluating evidence and documenting supportable conclusions.
  • •Proficient computer navigation skills using Microsoft Office (Word, Excel, PowerPoint) and related reporting/data/workflow tools.
Experience:5+ years
Education:Bachelor's
Skills:Analytical skillsEffective communicationProcess facilitationProject managementInterpersonal skills
Certifications:CRCMCAMSCPACIACISACRISC
Tech Stack:Microsoft OfficeWordExcelPowerPoint

Eligibility

Work Authorization:Authorization required. Sponsorship not provided.

Company Brief

U.S. Bancorp
U.S. Bancorp is the parent company of U.S. Bank, providing consumer, business, and institutional banking services including lending, payments, treasury management, wealth management, and merchant solutions across the United States.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Minneapolis, United States
Founded: 1863
Glassdoor
Glassdoor: 3.8
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