Strategic Initiatives Risk Consultant – Consumer & Business Banking Product Support

U.S. Bank

Risk Consultant providing compliance and operational risk expertise for Consumer & Business Banking product teams. Supporting product development and initiatives while ensuring risk compliance.

Posted 5/19/2026full-timeMinneapolis • Minnesota, Montana, North Carolina • 🇺🇸 United StatesSeniorLead💰 $119,765 - $140,900 per yearWebsite

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

risk managementcomplianceproject managementanalytical skillsprocess facilitationproduct developmentchange managementrisk policiesfinancial services knowledgeregulatory compliance

Soft Skills

interpersonal skillscommunication skillspresentation skillsrelationship buildingnegotiation skillsindependent operationdecision makingtime managementcollaborationadaptability

Tools & Technologies

Microsoft OfficePRISMCATTPRMBCIQEFCCModel GovernanceAI COEdatabasesspreadsheets

Certifications & Qualifications

professional certifications

Industry Keywords

operational riskbusiness bankingFirst Line of DefenseSecond Line of Defenserisk frameworkregulatory trendsrisk approvalsrisk expertisebusiness line operationsrisk controls

About the role

Key responsibilities & impact

Provide compliance and operational risk subject matter expertise to support product teams and strategic initiatives
Risk management for assigned products within business banking
Support new product development, product structure, rates/fees, and other related strategic initiatives
Support CBB in an anticipatory posture related to the rapidly changing risk and compliance environment, while balancing process efficiencies and customer experience
Operate independently within the CBB and enterprise risk framework, often with tight deadlines and multiple, concurrent projects
Partner with business line leaders, product team, First Line and Second Line of Defense Risk subject matter experts
Make informed risk decisions expeditiously to ensure consistent and timely risk support for the product teams
Provide risk expertise for complex change initiatives to ensure compliance with existing Risk policies
Utilize existing enterprise risk management framework to ensure risk partners across the enterprise are engaged and informed, as needed (e.g., PRISM, CAT, TPRM, etc.)
Navigate all risk approvals, as needed, including BCIQ, PRISM, and CAT. This may also include TPRM, EFCC, Model Governance, AI COE

Requirements

What you’ll need

Bachelor's degree, or equivalent work experience
Typically more than eight years of applicable experience
A minimum of 10 years experience in risk management activities
Considerable knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business
Considerable understanding of the business line’s operations, products/services, systems, and associated risks/controls
Thorough knowledge of Risk/Compliance/Audit competencies
Strong analytical, process facilitation and project management skills
Effective presentation, interpersonal, written and verbal communication skills
Effective relationship building and negotiation skills
Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications and word processing, spreadsheets, databases, and presentations
Applicable professional certifications

Benefits

Comp & perks

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