The U.S. Bank Subsidiaries seek a Vice President (VP) to join the First Line Business Risk team to provide risk oversight for the U.S. Banks Payments Risk. This team is one of the teams that comprise the Business Risk Management organization. He or she will be responsible for aiding in the build out of a Dedicated Business Risk Coverage team for the Banks shared services which is responsible for establishing risk management coverage model of working with the various key stakeholders within the shared services embedded risk teams ensuring continuous and consistent monitoring and escalation of the various risk frameworks (e.g. Issues/Action Plans, Operational Risk Incidents, Metrics, Reporting, Risk Assessments).. The individual will work with management, the US Bank Businesses and Risk partners to aid in the execution of key initiatives and projects while ensure compliance with U.S. Banks risk management policies and procedures.

• Ensure the Business Risk Payments Program includes elements to identify measure, monitor, control, and report on the current and emerging risks and mitigating control environment in accordance with regulatory requirements and guidelines.
• Implement sound risk management practices in support of the Banks Operational Risk frameworks as they apply to Payments related activity including Risk and Control Assessments (RCSA), Operational Risk Incident Management, Issues and Actions Management
• Collaborate with stakeholders and across all three lines of defense to confirm comprehensive and consistent practices are followed to allow for a successful oversight program of Payment Risk hat proactively manages and assesses operational risk.
• Support with both internal (Internal Audit) and external (Regulatory) exams and periodic meetings impacting payments related activity. This includes, but is not limited to, review of requested documentation prior to submission, and inclusion in exam meetings with stakeholders (i.e., process and control walk throughs, issue identification, etc.)
• Assist with the buildout and ongoing management of the US Banks Payments Risk Framework and act as Bank representative for Firmwide Payment Framework alignment
• Attend and participate in relevant management meetings and committees
• Support the Bank’s execution of key payment-related projects and initiatives, including process, risk, and control identification and assessments, risk remediation, and operational readiness.

• 10+ years of professional risk management experience in financial services industry; preferably in a highly regulated environment. Experience in operations, finance, compliance, or audit is a plus.
• Experience with Payments activity/ risk management a plus
• ACH, SWIFT, ISO 20022, PCI, Reg E, Reg Z and other payment processing regulations
• Experience in retail banking products including checking, savings, bill pay, remote deposits, real time payments, ACH, wire, Zelle, or other money movements.
• Collaborate with partners across the US Banks to ensure payment risk management oversight in accordance with the OCC Payment Handbook
• Bachelor’s Degree in Business Management, Finance, Accounting, Economics (Preferred).
• Project Management expertise is a plus.
• Experience interacting with regulators a plus.

Required Skills

• Ability to work in a fast-paced, high-demand environment, both independently and as part of a team, under tight deadlines and with the ability to manage multiple priorities concurrently, efficiently, and effectively.
• Attention to detail, strong analytical, quantitative, and problem-solving skills.
• Strong interpersonal, verbal, and written communication skills; capable of clear and concise writing, making presentations to an internal audience, and interacting positively with upper management, colleagues, and clients.
• Risk management experience including governance, reporting, policy procedure review, audit/regulatory support.
• Strong project management and reporting skills.
• Strong Understanding of payments for money movement transactions (the steps of moving the money, experience with cash management, batching of client accounts, moving money from one account to another and the records
• Experience in the funding process of the loan to the client and how they get the money and the repayment of it.
• Experience in Cash monitory, payment management and ACH.
• Excellent verbal and written communication skills, presentation skills and the ability to influence and interact with senior members of the Bank.
• Strong sense of ownership and accountability; is willing to be fungible and has an entrepreneurial spirit.
• Proficient use of Microsoft Office Suite of products including Excel, Word, and PowerPoint.