Business Professional Risk

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.

Location expectations:
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. Typically more than three years of applicable experience.

Preferred Skills/

Experience:

Intermediate knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business. Excellent written and communication skills. Proficient computer skills, especially Microsoft Office applications. 3 to 5 years' experience in underwriting Conventional, FHA and VA loans. Experience working with Fannie Mae, Freddie Mac, FHA, and VA guidelines. Experience with All Regs. Ability to work independently.

Benefits:
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.

Pay Range: $70,890.00 - $83,400.00