State Law & Regulatory Compliance Analyst

Company: U.S. Bank
Location: Lincoln
Posted on: January 27, 2023

Job Description:

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.**Job Description**Consumer and Business Banking's risk function (CBB Risk) collaborates with key business unit, other CBB Risk, and Second Line of Defense (SLOD) partners to identify, measure, monitor, and control Compliance Risk.The team proactively provides support and guidance for compliance-related questions and concerns and serves as a business champion when interacting with SLOD partners, auditors, and regulators.A primary objective of this position will be to manage and support CBB's efforts with respect to the enterprise-wide State Law Compliance Project. This includes representing CBB in Stakeholder meetings, coordinating business unit applicability by topic, facilitating gap analysis walkthroughs, liaising between the business line and SLOD project team, ensuring identified compliance gaps have adequate action plans and resolutions in place, and maintaining periodic reporting as needed.For key high-risk Federal Compliance Regulations, such as Real Estate Settlement Procedures Act - Regulation X, Truth in Lending Act - Regulation Z, Fair Credit Reporting Act - Regulation V, Equal Credit Opportunity Act - Regulation B, Servicemembers Civil Relief Act, Electronic Fund Transfer Act - Regulation E, Flood Disaster Protection Act, and Fair Debt Collections Practices Act, this team performs risk oversight and monitoring routines to proactively identify emerging risks and verify ongoing compliance.Significant focus is placed on evaluating the controls listed in the Enterprise Compliance Risk Assessment (ECRA) to ensure applicable risks are adequately mitigated.The team is expected to develop and maintain a strong understanding of business line processes and controls to ensure compliance.Basic Qualifications+ Bachelor's Degree, or equivalent work experience+ Typically more than six years of applicable experiencePreferred Skills/Experience- A strong understanding and in-depth knowledge of Federal Compliance Regulations- Excellent project management and organizational skills- Professional certifications (CRCM) or Regulatory Agency experience preferred- Requires an advanced-level knowledge and understanding of:- Applicable laws, regulations, financial services, and regulatory trends for Federal Compliance Regulations, such as the rules listed above- Control identification and evaluation activities to determine whether the control environment adequately mitigates the associated Compliance Risk- Business line's operations, products/services, systems, and associated risks/controls- Risk management, Compliance Risk, and audit competencies- Excellent presentation, relationship building, and written and verbal communication skills- Strong process facilitation, project management, and critical thinking skills- Must possess business acumen and credibility to build productive relationships with partners- Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications and word processing, spreadsheets, databases, and presentationsIf 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 (https://careers.usbank.com/global/en/disability-accommodations-for-applicants) .**Learn how** the way we work at U.S. Bank (https://assets.phenompeople.com/CareerConnectResources/prod/UBNAGLOBAL/documents/Thewaywework-1666895142717.pdf) drives meaningful relationships with our customers and collaboration across the company.**Benefits:**Take care of yourself and your family with U.S. Bank employee benefits. We know that healthy employees are happy employees, and we believe that work/life balance should be easy to achieve. That's why we share the cost of benefits and offer a variety of programs, resources and support you need to bring your full self to work and stay present and committed to the people who matter most - your family.Learn all about U.S. Bank employee benefits, including tuition reimbursement, retirement plans and more, by visiting careers.usbank.com (https://careers.usbank.com/global/en/benefits) .**EEO is the Law**Applicants can learn more about the company's status as an equal opportunity employer by viewing the federal EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) poster.**E-Verify**U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program (https://careers.usbank.com/verification-of-eligibility-for-employment) .The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, US Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401k contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $99,365.00 - $116,900.00 - $128,590.00Due to legal requirements, U.S. Bank requires that the successful candidate hired for some positions be fully-vaccinated for COVID-19, absent being granted an accommodation due to a medical condition, pregnancy, or sincerely held religious belief or other legally required exemption. For these positions, as part of the conditional offer of employment, the successful candidate will be asked to provide proof of vaccination or approval for an accommodation or exemption upon hire.U.S. Bank will consider qualified applicants with criminal histories in a manner consistent with the San Francisco Fair Chance Ordinance.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.

Keywords: U.S. Bank, Lincoln , State Law & Regulatory Compliance Analyst, Professions , Lincoln, Nebraska