Business Risk Professional
Listed on 2026-07-12
-
Finance & Banking
Risk Manager/Analyst, Financial Compliance, Regulatory Compliance Specialist, Banking Operations
Business Risk Professional
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.
This role requires working from a U.S. Bank location three (3) or more days per week.
The Business Risk Professional partners closely with Mortgage Lending leadership, Business Risk Managers, and key stakeholders to support a comprehensive risk management framework that promotes effective governance, regulatory compliance, and sound lending practices. This role is responsible for assessing, monitoring, and mitigating risks that may impact mortgage operations, including credit, operational, regulatory, reputational, strategic, and financial risk. The individual reviews and analyzes mortgage underwriting decisions completed by both internal underwriters and third-party partners to ensure adherence to investor, agency, and bank underwriting guidelines.
Leveraging strong mortgage underwriting expertise, this role evaluates loan decisions, identifies trends, gaps, and opportunities for process improvement, and escalates risks as appropriate. Responsibilities include partnering with business lines to develop and maintain risk controls, supporting compliance with applicable federal, state, and local regulations, informing policy and procedural enhancements, and serving as a liaison between the Line of Business and Lines of Defense.
The role contributes to initiatives that strengthen operational effectiveness, minimize losses associated with process, system, or human error, and support the delivery of high-quality, compliant mortgage lending decisions.
Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Three to five years of applicable experience
- Applicable professional certifications
Preferred Skills/Experience
- Intermediate understanding of the business line's operations, products/services, systems, and associated risks/controls
- Intermediate understanding of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business
- Effective presentation and relationship building skills
- Well-developed analytical skills
- Proficient computer navigation skills, particularly word processing, spreadsheet, databases, and presentations
Strong written and verbal communication skills with the ability to effectively communicate complex mortgage lending and risk concepts to a variety of stakeholders. Proficiency in Microsoft Office applications, including Excel, Word, PowerPoint, and Outlook, with the ability to analyze data and prepare reports and presentations. 3–5 years of mortgage underwriting experience, including Conventional, FHA, and VA loan products.
-Thorough knowledge of Fannie Mae, Freddie Mac, FHA, and VA underwriting guidelines and eligibility requirements.
-Experience interpreting and applying federal and state mortgage lending regulations, banking compliance requirements, and mortgage compliance resources such as All Regs.
-Ability to independently review, analyze, and validate underwriting decisions while exercising sound judgment and attention to detail.
-Strong analytical and problem-solving skills with the ability to identify risks, recommend solutions, and support compliant lending practices.
-Ability to work independently and manage multiple priorities in a fast-paced, deadline-driven environment.
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. That's why our benefits are designed to help you and your family…
(If this job is in fact in your jurisdiction, then you may be using a Proxy or VPN to access this site, and to progress further, you should change your connectivity to another mobile device or PC).