Compliance Quality Assurance Senior Manager

3 weeks ago


Minneapolis, Minnesota, United States U.S. Bank Full time

Compliance Quality Assurance Senior Manager Job Description:

The Compliance Quality Assurance Senior Manager is responsible for leading the management and execution of compliance-related testing activities within the Independent Risk Review and Assessment (IRRA) second-line organization.

This role will focus on evaluating consumer customer experiences with an eye towards mitigating UDAAP (Unfair, Deceptive, or Abusive Acts or Practices) risk.

Key Responsibilities:

  • Partner with business lines and other Risk, Compliance, and Audit Professionals to create, implement, maintain, review, and oversee an effective risk management framework.
  • Manage a team of Testing Analysts that execute projects and/or activities confirming compliance with applicable federal, state, and local laws and regulations.
  • Identify control and process weaknesses through testing activities and propose solutions that minimize losses resulting from inadequate internal processes, systems, or human errors.
  • Communicate testing results effectively, including well-written draft reports, and respond to and/or escalate significant risks as appropriate.

Requirements:

  • Bachelor's or advanced degree, or equivalent work experience.
  • Typically more than 12 years of applicable experience.
  • Considerable understanding of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business.
  • Strong leadership and management skills pertaining to processes, projects, and people, with considerable people leader experience.

U.S. Bank 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.

  • 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

EEO and Compliance:

U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability, or veteran status, among other factors.



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