U.S. Bank Job - 30685013 | CareerArc
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Company: U.S. Bank
Location: Minneapolis, MN
Career Level: Mid-Senior Level
Industries: Banking, Insurance, Financial Services

Description

The Regulatory Exam Team oversees and implements the Bank's exam management program to ensure a consistent approach across the enterprise. This includes working with business lines to manage exam processes such as exam planning, exam responses, meetings with regulators, tracking requests and submissions, reporting, and maintaining an enterprise repository of exam records. This team of experienced attorneys and banking professionals stays informed of regulatory developments in areas of interest to Bank regulators, and helps to identify and resolve potential issues as they become apparent in the course of regulatory exams.

This position focuses on regulatory matters impacting the Company. The Senior Regulatory Exam Manager:
• Addresses regulatory concerns and assists in resolving regulatory issues
• Leads a team of exam managers, including by:
- Assigning, or collaborating with other exam managers to assign, a lead Regulatory Exam Manager for each exam, audit, and assessment
- Monitoring workload capacity and working with other exam managers to ensure that the workload is properly allocated
- Developing performance goals; coaching and mentoring; identifying and encouraging career development opportunities
- Evaluating performance at mid-year and annual reviews

- Helping to address challenges and enable best performance
• Implements the exam management process, including by:
- Exam planning
- Researching exam history and regulatory trends to provide strategic perspectives to business lines and senior management
- Preparing exam responses and coordinating interviews and meetings
- Assembling multidisciplinary teams, including subject matter experts
- Preparing briefing books, position papers, or presentations
- Tracking the status of regulator requests and submissions
- Assisting in the resolution of regulatory issues
- Monitoring and reporting on the status of regulatory matters, including escalation of potential issues as they become apparent
- Maintaining exam records
• Works closely with Regulatory Services Leadership to:
- Stay informed of exam support concerns and escalate issues as appropriate
- Oversee team projects and provide feedback
- Coordinate ongoing regulatory supervisory activities
- Collaborate on matters of interest to Regulatory Services, and inform the Regulatory Services Director of key developments
- Ensure optimal team performance
• Develops and fosters strong relationships with regulators, business-line personnel, and senior management
• Keeps informed of regulatory trends by monitoring financial industry news, attending training sessions, and participating in relevant committees or working groups
• Exercises sound judgment to meet position responsibilities
• Manages or performs other tasks or projects as assigned or needed



Qualifications

Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Ten or more years of experience in an applicable risk management environment
- Applicable certifications

Preferred Skills/Experience

• Proficiency in office applications; including word processing, PowerPoint, spreadsheets, and databases
• Advanced degree or certifications, including JD or MBA
• Advanced knowledge of government and regulatory laws and regulations; and the supervisory oversight exercised by the Office of the Comptroller of the Currency (OCC), Federal Reserve Bank (FRB), and the Consumer Financial Protection Bureau (CFPB)
• Thorough knowledge of U.S. Bancorp operations, policies, and procedures
• Excellent verbal and written communication skills
• Ability to research and manage multiple projects and deadlines simultaneously
• Strong presentation skills


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