Senior Risk Manager - Risk Assessment Director

Company: U.S. Bank
Location: Minneapolis
Posted on: April 1, 2026

Job Description:

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 The Risk Assessment Director within the Operational & Enterprise Risk Management (OERM) team will partner with all Business Lines and other 2LOD Risk Leaders across the enterprise to oversee and execute the Enterprise Risk Assessment Program inclusive of Compliance, Operational, and Financial Crimes risks. This role will manage a staff of risk professionals to provide oversight to Business Lines and collaborate with 2LOD Risk Leaders ensuring risk and control assessments inclusive of appropriate control documentation is comprehensive, consistent, and aligned to internal policy and procedures. The Risk Assessment Director will also lead cross?risk and cross?program integration, drive continuous improvement of risk and control routines, and support executive, regulatory, and audit engagement. The role also plays a critical leadership position in advancing risk transformation initiatives, including the migration from Archer to ServiceNow, and in shaping policy, procedures, and communications to reflect evolving risk management practices. Key Responsibilities: Facilitate ongoing routines and oversight associated with relevant Policies and Procedures (e.g., Risk Assessment Policy (RCSA), Business Line Control Policy (BLCE), etc.). Identify and provide insights of material risk themes including monitoring changes, trends and emerging risks. Identify and provide insights of the internal control population including monitoring changes and trends. Translate control expectations into risk-driven guidance, enabling business line users to clearly understand when and how to document appropriate controls. Coordinate with other 2LOD Risk Leaders to support and present risk assessment outcomes to executive management and operating committees on a periodic basis. Support regulatory exams, audits, and other executive governance forums. Lead and support enterprise?wide initiatives that enhance consistency, efficiency, and integration across risk programs and risk management disciplines. Serve as a key risk partner in the Archer to ServiceNow conversion, ensuring risk assessment and control requirement changes are embedded in future?state processes. Inform policy and procedural updates and lead associated communication and change?enablement activities. Promote continuous improvement through data?driven insights, changes and trends, stakeholder feedback, and evolving regulatory expectations. Basic Qualifications: - Bachelor's or advanced degree, or equivalent work experience - Typically more than 12 years of applicable experience Preferred Skills/Experience: - Extensive experience with Risk Assessment Programs at a comparable financial services institution - Strong understanding of Risk Assessment methodologies and internal controls - Strong working knowledge across multiple risk disciplines - Proven ability to lead cross?functional initiatives and influence senior stakeholders - Considerable knowledge of applicable laws, regulations, and regulatory trends - Considerable knowledge of business line's operations, products/services and associated risks and controls - Expert knowledge of Risk/Compliance/Audit competencies - Experience supporting regulatory exams, audits, and executive governance forums - Ability to manage job scope and complexity across all business lines - Strong leadership and management skills of processes, projects and people - Excellent written and verbal communication skills - Strong analytical, problem-solving and negotiation skills - Experience with risk technology platforms (e.g., Archer, ServiceNow) and large?scale change initiatives strongly preferred - Proficient computer skills, especially Microsoft Office applications and Power BI This role requires working from a U.S. Bank location three (3) 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 . 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: 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 Review our full benefits available by employment status here . 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 . 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: $149,515.00 - $175,900.00 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.

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