U.S. Bank Treasury Management Product Controls Manager in Fargo, North Dakota

At U.S. Bank, we're passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, we’re one of the country's most respected, innovative and successful financial institutions. U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

Description:

The Global Treasury Management Product Controls Manager function directly supports a large and complex Treasury Management business, balancing growth with risk and governance to run the business in a strong control environment. This position leads a team focuses on developing a proactive first line of defense control approach which promotes efficiency, reduces the risk of loss and helps to drive strategic objectives.

Responsibilities:

  • Lead a small team and work across the organization to deploy and manage a risk-based approach and streamline process, while ensuring compliance and alignment with bank-wide policies and procedures, external standards and regulatory requirements.

  • Work closely with Wholesale Banking Risk organization and Product Managers to maintain oversight over emerging and existing key risks, controls and corrective actions.

  • Provide training and awareness on risks and controls to Product Management.

  • Coordinate approval process for new Products and changes to existing Products through a structured organizational process.

  • Report results/metrics/ other key control concerns quarterly to senior management.

  • Be the Product Management lead in Fraud Management related initiatives.

  • Represent Product organization in all internal and external audits, reviews and examinations.

  • Track, monitor and report related issues and their associated CAPs and promptly escalating CAPs that are at risk of missing their target dates.

Qualifications:

  • Bachelor’s degree.

  • 7 years in Product Management, Risk Management or Control Management-related role within a Wholesale Banking or Treasury Management environment.

  • Strong understanding of Product Management business processes within Treasury Management space and knowledge of Cash Management products as well as Operations and Technology infrastructure in this business.

  • Up-to-date understanding of key risk and control concepts, tools and trends relating to risk identification, rating and prioritization, mitigation, and reporting.

  • Familiarity and/or experience with KYC/AML rules and regulations.

  • Process mapping experience. - Risk-based thinking and analytical mindset.

  • Self-starter who can work independently as well as manage a team of specialists.

Job: Product Management

Primary Location: United States

Shift: 1st - Daytime

Average Hours Per Week: 40

Requisition ID: 170008862