Business-Line Risk Manager - Corporate Asset Liability & Interest Rate Risk Management

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.

SUMMARY This position will support the Asset Liability Management (ALM) business unit, focusing on balance sheet forecasting, interest rate risk measurement and forecasting, and reporting through business line and corporate level committees. RESPONSIBILITIES - Supporting the business line to comply with internal risk programs, policies, and regulatory guidance. - Monitoring the program for proposed changes to translate through a risk-focused lens and assist in designing new control structures relevant to the changes. - Serve as a trusted advisor in strategic initiatives to identify future risk profile changes and consult on approaches to absorb / measure/ limit risk. - Support the business through internal reviews, audits, and exams - Assist in scoping and remediating any identified weaknesses or issues with regard to risk policies and program requirements. Additional responsibilities for this position include: Partners with their assigned Line of Business, other Risk/Compliance/Audit (RCA) professionals, and RCA Managers to, depending on their function, create, implement, maintain, review or oversee an effective risk management framework. Participates in projects and/or activities that ensure compliance with applicable federal, state, and local laws and regulations. Identifies gaps and inform solutions that minimize losses resulting from inadequate internal processes, systems or human errors. Identifies, responds and/or escalates risks as appropriate. Serves as a functional liaison between the Line of Business and the Lines of Defense. BASIC QUALIFICATIONS - Typically more than six years of applicable experience. - Bachelor's degree, or equivalent work experience. PREFERRED SKILLS/EXPERIENCE - Considerable knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business, specifically:   < Interagency Policy Statement on Funding & Liquidity Risk management (SR 10-6).   < Enhanced Prudential Standards (Reg YY).   < Liquidity Coverage Ratio.   < Net Stable Funding Ratio.   < Interest rate Risk in the Banking Book (IRRBB).   < FR 2052a Complex Institution Liquidity Monitoring Report. - Considerable understanding of the business line’s operations, products/services, systems, and associated risks/controls. - Thorough knowledge of Risk/Compliance/Audit competencies. - Strong analytical, process facilitation and project management skills. - Effective presentation, interpersonal, written and verbal communication skills. - Effective relationship building and negotiation skills. - Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications and word processing, spreadsheets, databases and presentations. - Applicable professional certifications. LOCATION EXPECTATIONS - This role requires working onsite from a U.S. Bank location three or more days per week. 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 .

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