Business Risk Specialist

Business Risk Specialist

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.

The organization's risk management framework is designed to promote strong governance and effective risk oversight that is systematic, transparent, credible, timely, and auditable. Through clearly defined roles and responsibilities, the program supports the identification, assessment, monitoring, and management of risks that may impact the company, including credit, financial, liquidity, market, operational, compliance, reputational, and strategic risks.

Under general supervision, the Business Risk Specialist supports the Loss Mitigation business line by coordinating and managing responses to internal and external audits and examinations. This role serves as a key liaison between auditors and business partners, ensuring audit requests are understood, appropriately assigned, accurately documented, and submitted in a timely manner. Audits and examinations may be conducted by multiple regulatory and oversight bodies, including internal audit, HUD, Fannie Mae, Freddie Mac, and the OCC.

The Business Risk Specialist monitors and manages audit requests received through a shared mailbox, assigns requests to the appropriate stakeholders, and works closely with business lines to develop complete and accurate responses. The role partners with business teams to gather, validate, and compile required documentation and artifacts, leveraging systems such as SharePoint to review, maintain, and reference control documentation. This individual facilitates meetings with business partners to review controls, explain audit expectations, validate responses, and provide ongoing support throughout the audit lifecycle.

Basic Qualifications

• High school diploma or equivalent
• One to two years of applicable experience

Preferred Skills / Experience

• Experience supporting loss mitigation, internal audits, or regulatory examinations
• Knowledge of loss mitigation processes and applicable regulations, including RESPA and ECOA
• Strong verbal and written communication skills with the ability to work effectively across multiple business lines
• Ability to manage multiple requests, meet deadlines, and work independently in a fast-paced environment
• Proficiency with standard computer applications and document management tools, including Share Point
• Strong attention to detail, organization, and analytical skills

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

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.

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: $20.00 - $24.38