Senior Cloud Risk Oversight Analyst - Minneapolis, MN

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

The Cloud Risk Oversight Analyst provides oversight and credible challenge to LOB/functions and escalates concerns, as appropriate, in support of the Bank's Risk Management Framework. This position is responsible for providing oversight and challenge to information technology and security activities, with a focus on those related to cloud. Maintains a balance between increased efficiency and appropriate risk mitigation and controls for the Line of Business (LOB)/function in alignment with Operational Risk Management vision and strategy and the LOB strategic plan. This position is responsible for oversight and challenge of control/risk assessments and the development of control enhancement recommendations.

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues and ensuring that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types

Essential Duties and Responsibilities

• Understand all operational risk program elements (i.e., IT/CSRM, RCSA, BCRA, etc.), methodology, governance, standards, and procedures, including templates and overall framework.

• Understand the organizational structure, key management personnel, and primary objectives of the LOBs supported.

• Keep up to date on the industry standards, best-practices, and regulatory requirements and guidelines related to safeguarding the confidentiality, integrity, and availability of the Bank's sensitive information; includes GLBA, PCI, FFIEC, Fed, and other related state/federal requirements. Ensure the operational risk appetite is understood by the business.

• Partner with LOB for risk Issue identification, escalation, and resolution. Oversee the identification and documentation of key operational processes, risks, and controls in the technology function.

• Provide oversight as 1st LOD completes their impact assessment and determination of changes needed and risk rating of the change. May provide challenge as working with more senior risk team members.

• Provides oversight and credible challenge to operational loss root cause analysis and action plans.

• Performs periodic Reviews of LOB procedures and Provides guidance for new processes.

Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Ten or more years of experience in an applicable risk management environment
- Applicable certifications

Preferred Skills/Experience

- Expert knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business

- Understand DevSecOps or system development lifecycle (SDLC) for Cloud migration

- Advanced knowledge of Risk/Compliance/Audit competencies

- Advanced knowledge of cloud technologies and oversight best practices

- Experience with and or understanding of cloud monitoring tools and methods

- Experience designing, implementing, and/or assessing business process, regulatory and IT internal controls, especially related to cloud environments

This role is posted as remote; however, candidates who are located near any one of our locations would be required to work on site at least three days per week. 

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.

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 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.

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: $129,455.00 - $152,300.00 - $167,530.00

U.S. Bank will consider qualified applicants with criminal histories in a manner consistent with the San Francisco Fair Chance Ordinance.

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.