U.S. Bancorp

2 days ago

ACL Reporting Team Lead

✓ Verified Job

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

Source: Company careers pageValidated by: Fursa AI

Last checked: 2 hours agoStatus: Live

Job Summary

Lead and support allowance for credit losses (ACL) analytical and reporting activities, including mentoring junior analysts and overseeing quarter-end ACL results reporting. Ensure accurate journal entries and external reporting schedules, manage estimation methods in line with risk policies, and drive process improvements and modernization. Own select ACL methods/EUCTs, maintain CCAR documentation, coordinate validations and audits, and review control schedules to reduce operational risk and maintain accounting compliance.

Location: Minneapolis, Chicago, Charlotte, San Francisco

Workplace: Onsite

Employment Type: Full time

Job Function: Administration & Executive Assistance

Seniority: Manager level

Key Responsibilities

•Lead quarterly ACL recording, including preparing and reviewing provision journal entries and ensuring external reporting is accurate and timely.
•Provide first-line review and guidance to junior analysts and oversee quarter-end results reporting activities.
•Support management of estimation methods and ensure compliance with risk management program policies.
•Maintain documentation of CCAR methods and controls related to ACL, including method attribution and bottom-up support for quarterly ACL balances.
•Serve as ACL subject matter expert for method/EUCT compliance questions and coordinate validations, annual reviews, and method changes with MRG, FRR (QEAs), and Credit Reporting (EUCTs).

Pay and Benefits

Salary: USD 119,765 - 140,900 annually

Perks:Health InsuranceDentalVisionLife InsuranceDisabilityParental Leave401kPaid LeavePaid HolidayAdoption Assistance

Key Requirements

•Bachelor's degree, or equivalent work experience.
•Typically more than eight years of applicable experience.
•Certified Public Accountant (CPA).
•Considerable knowledge of regulatory and financial accounting guidance relevant to CCAR/CECL and credit expense reporting.
•Ability to assess process flows and identify key risks and risk mitigants.

Experience:BankingCredit riskFinancial accountingCCARCECL

Skills:MentoringCommunicationPresentationStakeholder management

Certifications:CPA

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: 3.8

Website LinkedIn Glassdoor

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U.S. Bancorp

2 days ago

ACL Reporting Team Lead

✓ Verified Job

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

Source: Company careers pageValidated by: Fursa AI

Last checked: 2 hours agoStatus: Live

Job Summary

Location: Minneapolis, Chicago, Charlotte, San Francisco

Workplace: Onsite

Employment Type: Full time

Job Function: Administration & Executive Assistance

Seniority: Manager level

Key Responsibilities

•Lead quarterly ACL recording, including preparing and reviewing provision journal entries and ensuring external reporting is accurate and timely.
•Provide first-line review and guidance to junior analysts and oversee quarter-end results reporting activities.
•Support management of estimation methods and ensure compliance with risk management program policies.
•Maintain documentation of CCAR methods and controls related to ACL, including method attribution and bottom-up support for quarterly ACL balances.
•Serve as ACL subject matter expert for method/EUCT compliance questions and coordinate validations, annual reviews, and method changes with MRG, FRR (QEAs), and Credit Reporting (EUCTs).

Pay and Benefits

Salary: USD 119,765 - 140,900 annually

Perks:Health InsuranceDentalVisionLife InsuranceDisabilityParental Leave401kPaid LeavePaid HolidayAdoption Assistance

Key Requirements

•Bachelor's degree, or equivalent work experience.
•Typically more than eight years of applicable experience.
•Certified Public Accountant (CPA).
•Considerable knowledge of regulatory and financial accounting guidance relevant to CCAR/CECL and credit expense reporting.
•Ability to assess process flows and identify key risks and risk mitigants.

Experience:BankingCredit riskFinancial accountingCCARCECL

Skills:MentoringCommunicationPresentationStakeholder management

Certifications:CPA

Company Brief

U.S. Bancorp

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: 3.8

Website LinkedIn Glassdoor