Third-Party Portfolio Risk Manager

Job Description

Welcome to U.S. Bank Corp, where we believe in putting our customers first and delivering exceptional financial services. We are currently seeking a Third-Party Portfolio Risk Manager to join our dynamic team. This role will play a critical role in managing and mitigating risk within our third-party portfolio, ensuring the safety and security of our clients' assets. We are looking for a highly skilled and motivated individual with a strong understanding of risk management principles and experience in the financial industry. If you have a passion for protecting assets and driving strategic risk management initiatives, we invite you to apply for this exciting opportunity.

Your Responsibilities

• Develop and implement risk management strategies for the third-party portfolio, in alignment with the overall risk management framework of the organization.
• Monitor and assess the risk exposure of the third-party portfolio, identifying potential areas of concern and taking proactive measures to mitigate risk.
• Conduct regular risk assessments and audits of third-party vendors and their practices, ensuring compliance with regulatory requirements and internal policies.
• Collaborate with cross-functional teams to ensure effective risk management practices are integrated into third-party relationships and contracts.
• Monitor changes in the industry and regulatory landscape to identify potential risks and proactively adjust risk management strategies accordingly.
• Communicate risk management findings and recommendations to senior management and other stakeholders in a clear and concise manner.
• Develop and maintain strong relationships with third-party vendors, acting as a point of contact for all risk-related matters.
• Maintain accurate and up-to-date documentation of risk management processes and procedures.
• Develop and deliver training programs for employees on risk management best practices and compliance requirements.
• Continuously monitor and evaluate the effectiveness of risk management processes and make recommendations for improvement.

Equal Opportunity Employer

U.S. Bank Corp is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.