Risk Manager - Institutional Services

U.S. Bancorp
Minneapolis, Charlotte, Milwaukee
Workplace: OnsiteFull timeUSD 105,400 - 124,000 annuallyFunction: Legal, Risk & ComplianceExperience: 6+ yearsEducation: bachelorsSkills: ["Analytical thinking","Process facilitation","Project management","Communication","Relationship building"]

Lead the development and execution of a sound risk and control environment for trustee and custodial relationships within Institutional Services. Partner with line-of-business teams and Risk/Compliance/Audit professionals to implement and oversee enterprise risk management, ensure regulatory compliance, and identify process or systems gaps that reduce losses. Serve as a liaison between the business and lines of defense while supporting initiatives across areas such as investment advisor rules, ERISA, and asset servicing.

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FursaFursa
U.S. Bancorp
U.S. Bancorp
3 days ago

Risk Manager - Institutional Services

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Source: Company careers pageValidated by: Fursa AI
Last checked: 4 hours agoStatus: Live

Job Summary

Lead the development and execution of a sound risk and control environment for trustee and custodial relationships within Institutional Services. Partner with line-of-business teams and Risk/Compliance/Audit professionals to implement and oversee enterprise risk management, ensure regulatory compliance, and identify process or systems gaps that reduce losses. Serve as a liaison between the business and lines of defense while supporting initiatives across areas such as investment advisor rules, ERISA, and asset servicing.
Location: Minneapolis, Charlotte, Milwaukee
Workplace: Onsite
Employment Type: Full time
Job Function: Legal, Risk & Compliance
Seniority: Manager level

Key Responsibilities

  • •Create, implement, maintain, review, or oversee an effective risk management framework with assigned RCA managers and professionals.
  • •Ensure compliance with applicable federal, state, and local laws and regulations through projects and activities.
  • •Identify gaps in internal processes, systems, or human errors and recommend solutions to minimize losses.
  • •Identify, respond to, and/or escalate risks as appropriate and serve as a liaison between the line-of-business and lines of defense.
  • •Apply subject-matter knowledge across trustee/custodian services, Registered Investment Advisor rules, ERISA, and related operations.

Pay and Benefits

Salary: USD 105,400 - 124,000 annually
Perks:Health InsuranceDentalVisionLife InsuranceLong-term DisabilityParental Leave401kRetirementPaid LeavePaid HolidaysAdoption AssistanceJury Leave

Key Requirements

  • •Typically more than six years of applicable experience.
  • •Bachelor's degree or equivalent work experience.
  • •Strong understanding of the business line’s operations, products/services, systems, and associated risks/controls.
  • •Thorough knowledge of Risk/Compliance/Audit competencies.
  • •Proficiency using Microsoft Office and related software for reporting and analysis.
Experience:6+ yearsFinancial services
Education:Bachelor's
Skills:Analytical thinkingProcess facilitationProject managementCommunicationRelationship building
Tech Stack:Microsoft OfficeSpreadsheetsDatabases

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
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