Operational Risk Review (ORR) Analyst

U.S. Bank is seeking an Operational Risk Review (ORR) Analyst responsible for executing review issue validation project and data-focused activities within Independent Risk Review and Assessment (IRRA) a centralized second line of defense independent review function. This role supports the continued growth enhancement and delivery of IRRAs operational risk review program by contributing to risk-based reviews issue validations strategic projects and data-informed analysis across business lines and enabling functions. ORR provides independent review and effective challenge of the Companys operational risk inclusive of technology risk and operational risk-related processes and -scope risk categories include Fraud Operations People Security of Physical Assets Third Party Business Resiliency Systems Cyber/Information Security Legal Model Conduct Data Management and Fiduciary. Objective risk mitigation process and control review activities include planning and scoping design and execution reporting and rating issue creation and issue validation.

• Execute assigned portions of operational risk reviews issue validations reviews continuous monitoring and other ORR projects in accordance with established methodology timelines and quality expectations.
• Evaluate business processes controls documentation data and evidence to support conclusions regarding process and control design execution issue remediation and risk exposure.
• Support issue validation activities by assessing corrective actions root-cause alignment sustainability of remediation and completeness of supporting evidence.
• Develop detailed organized and audit-ready workpapers analysis testing documentation and support materials that clearly connect evidence to observations and conclusions.
• Develop and use data and reporting outputs to identify trends anomalies population/sample considerations and potential areas of elevated operational risk.
• Partner with business line stakeholders and other Risk Compliance and Audit professionals to obtain information clarify observations and support effective challenge of risk process and control practices.
• Identify and escalate potential process or control weaknesses evidence gaps validation concerns or significant risks to the ORR Lead Analyst Team Lead Manager or Senior Manager as appropriate.
• Prepare clear written summaries and verbal updates regarding review progress analysis performed findings issues risks dependencies and next steps.
• Contribute to process improvement template enhancement data quality routines and other initiatives that improve consistency transparency and efficiency in ORR execution.

• Bachelors degree or equivalent work experience.
• Typically more than five years of applicable experience.

• Basic to intermediate knowledge of operational risk control frameworks issue management remediation validation and risk-based review practices.
• Basic to intermediate Risk Compliance and Audit competencies including the ability to evaluate evidence and document supportable conclusions.
• Solid understanding of business operations products services systems processes data and associated risks.
• Solid analytical skills with the ability to review facts identify patterns evaluate data and connect evidence to risks controls and remediation outcomes.
• Effective process facilitation and project management skills including the ability to manage assignments deadlines dependencies and shifting priorities.
• Effective presentation interpersonal written and verbal communication skills including the ability to summarize complex information clearly and professionally.
• Proficient computer navigation skills using Microsoft Office applications including Word Excel PowerPoint and related reporting data or workflow tools.
• Applicable professional certifications such as CRCM CAMS CPA CIA CISA CRISC or similar credentials are preferred.

LOCATION EXPECTATIONS: This role requires working from a U.S. Bank Location three (3) or more days per week.

NOTE: This position is not eligible for current or future visa sponsorship.