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.

Job Description

Ensures assigned locations, business units, or proposed products and processes are in compliance with various laws and regulations. Develops and enforces compliance policies and procedures. Acts as the primary compliance consultant/resource for assigned location, business units, or products with respect to questions, consulting, and training. Participates in and ensures compliance in the design and development of policies, procedures, processes and training programs. Analyzes new and pending laws and regulations which directly affect company practices and works with affected areas to ensure appropriate compliance. May be involved in a variety of compliance projects and initiatives regarding information disclosure, legal proceedings, etc. Performs periodic reviews to assess level of regulatory compliance.

This role requires an Internal Revenue Service (IRS) and General Agency Clearance to start employment. Typically, this process can take anywhere between 8 -12 weeks, however, time may vary.

The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.

Job highlights:

The Remittance, Federal Banking, and Mail Operations and Control Procedure Writer positions consists of the following:

• Develop procedures and material to allow operations to accurately execute processes and develop a connection to control activities for U.S. Bank regulatory compliance and customer requirements within our RFBMO entity. The material will be the source documents for external auditing groups to gage the accuracy of operational readiness.

• Develop and review workflow or process mapping material (as needed) for procedures to enhance understanding and for utilization with upcoming assessments, such as PCI.

• Ensures assigned RFBMO sites and procedures are contain various controls and regulations required for the bank and SOC1, RSCA, Reg AB, Reg Z, etc.

• Ensures procedures accurately reflect the process as well as the regulatory controls and monitoring and those procedure titles are correctly reflected within Archer.

• Reinforces compliance policies within procedures.

• Acts as the primary consultant/resource for designated RFBMO locations with respect to questions, consulting, and change updates.

• Communicate and escalate to management when risks in process or failure to execute on documented procedures is discovered along with identifying recommendations.

• Participates in, and ensures compliance in the design and development of policies, procedures, and processes (i.e., sending to CAT for approval for Customer or Employee facing material)

• Analyzes procedures to ensure new processes, controls, and regulations that directly affect RFBMO practices are incorporated and work with areas of operation and compliance to ensure procedures accurately reflect requirements.

• May be involved in a variety of projects and initiatives relating to RFBMO operational and process changes as a SME and to identify risk associated with the changes.

• Performs annual and biennial reviews of existing procedures on the OSKC or Shared Drives for portions of Government; ensuring updates are made and steps are identified for all Wholesale Lockbox sites (9) or Government Lockbox sites (3) and Mail Operations teams (5) to maintain consistency in process and documentation.

• Draft and send bulletins from shared mailbox to appropriate distributions to communicate changes and updates monthly, or sooner as needed.

• Participate in monthly OSKC calls to stay abreast of corporate standards and requirements related to procedure documentation.

• Participate in various business as usual implementation or change control calls to stay abreast of upcoming changes or new processes.

Basic Qualifications

• Bachelor’s degree, or equivalent work experience

• Typically three or more years of experience in regulatory compliance activities

Preferred Skills/Experience

• Thorough knowledge of government and regulatory laws and regulations

• Thorough knowledge of U.S. Bancorp operations, policies and procedures

• Effective verbal and written communication skills

• Ability to research and manage multiple projects and deadlines simultaneously

• Strong presentation skills

-Thorough knowledge of RFBMO impacted controls and regulations

-Basic knowledge of U.S. Bancorp operations, policies and procedures

-Effective verbal and written communication skills

-Ability to research and manage multiple projects and deadlines simultaneously

-Strong presentation skills

-Experience with RFBMO Operations

-Knowledge of writing design concepts and principles

-Ability to coordinate SME participation to design required material for procedure or process documentation concepts

-Expertise in content of assigned material

-Ability to evaluate the effectiveness of the material and procedures

-Ability to identify risk during process reviews or changes and escalate

#TPSS

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If 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) .

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 (some may vary based on role, location or hours):

• 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

EEO is the Law

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. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS (https://eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12ScreenRdr.pdf) EEO 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, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $73,610.00 - $86,600.00 - $95,260.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date.