Foreign Exchange Operations Risk

Overview

At U.S. Bank, we’re on a journey to do our best. Helping customers and businesses make better financial decisions and enabling communities to grow and succeed. A career with U.S. Bank offers opportunities to discover what makes you thrive, learn new skills, and grow from Day One.

Job Description

We are seeking a Foreign Exchange Operations Risk Support. This role will partner with Foreign Exchange Managers, senior leaders within the Line of Business, Risk/Compliance/Audit (RCA) Consultants, RCA Managers and other Senior RCA Managers to oversee the creation, implementation, and maintenance of an effective risk management framework.

An ideal candidate will bring a strategic mindset, strong business acumen, and the ability to influence stakeholders at all levels. They are skilled at building effective risk frameworks, maintaining regulatory compliance, and driving operational excellence across complex financial environments.

• Accountable for projects and/or activities that ensure compliance with applicable laws and regulations.
• Identifies gaps and drives solutions that minimize losses from inadequate internal controls, processes, procedures, systems, or human errors. Accountable for active identification, response and/or escalation of risks as appropriate.
• Influences policies and procedures to maximize profit potential and minimize regulatory exposure.
• Accountable for an effective partnership between the Line of Business and the Lines of Defense.

• Bachelor s degree, or equivalent work experience
• 10 or more years of applicable experience
• Applicable professional certifications

• Works with risk partners to stay abreast of regulatory developments related to Foreign Exchange and other capital markets businesses.
• 5 or more years of risk-based finance experience.
• Knowledge of Basel capital governance, compliance and risk management practices.
• Knowledge of capital markets businesses, e.g. Foreign Exchange and Derivatives, and appropriate risk management practices.
• Understanding of applicable laws, regulations, financial services, and regulatory trends affecting the assigned line of business.
• Ability to build and manage a team of Business Risk professionals who work with business line management as appropriate.
• Basic knowledge of Business Risk competencies.
• Strong process facilitation and project management skills.
• Strong presentation, relationship building and negotiation skills.
• Business acumen and credibility to help business lines proactively identify and address changing workforce needs.
• Understanding of the business line s operations, products/services, systems, and associated risks/controls.
• Knowledge of Risk/Compliance/Audit competencies.
• Knowledge of risk management models, policies, and procedures.
• Effective skills in managing stressful situations.
• Effective written and verbal communication skills.
• Strong analytical, problem-solving and negotiation skills.
• Proficient computer skills, especially Microsoft Office applications.

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.

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. 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…