Third Party Risk Management Risk Compliance Specialist

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, enabling the communities we support to grow and succeed in the right ways, all more confidently and more often—that's what we call the courage to thrive.   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. Try new things, learn new skills and discover what you excel at—all from Day One.

As a wholly owned subsidiary of U.S. Bank, Elavon is committed to building the platforms and ecosystems that help over 1.5 million customers around the world to achieve their financial goals—no matter what they need. From transaction processing to customer service, to driving innovation and launching new products, we're building a range of tailored payment solutions powered by the latest technology. As part of our team, you can explore what motivates and energizes your career goals: partnering with our customers, our communities, and each other.

We actively uphold transparent and fair hiring practices that support individual opportunity, inclusive culture, and career mobility across all levels of our organisation.

We offer meaningful opportunities for growth, a culture of inclusion, and a strong commitment to transparency and integrity in everything we do.

Job Description Summary

U.S. Bank National Association is seeking a Third Party Risk Management (TPRM) Risk & Compliance Specialist (RCS) to support multiple risk domains within our TPRM program. This role is ideal for professionals who thrive in collaborative environments, possess a strong risk-oriented mindset, and are passionate about safeguarding the organization through effective risk oversight.

As an RCS, you will partner with Business Lines, Third Parties, and Risk/Compliance/Audit (RCA) professionals to conduct risk assessments and perform risk-based reviews of domain-specific contract language. Risk domains may include Country Risk, Fourth Party Risk, Artificial Intelligence, and Physical Security.

The successful candidate will become a subject matter expert in current processes and demonstrate a strong credible challenge mindset. Building and fostering cross-functional relationships is essential—not only within TPRM but also with supporting groups such as Privacy, Information Security, Resilience, and Compliance. Relevant certifications such as CISSP, CISM, CISA, and/or Security+ are preferred.

Key Responsibilities:

• Develop a strong understanding of risk domains and maintain a risk-focused mindset.
• Assess and credibly challenge risk-related responses and documentation (e.g., policies, procedures, evidence)
• Independently identify and document risk control deficiencies.
• Establish risk-based Control Effectiveness Ratings.
• Stay current on emerging risk trends through ongoing education and certifications.
• Recommend enhancements to TPRM and RCS processes.
• Analyze complex TPRM issues and provide insights to management and senior leadership.
• Prepare concise, meaningful management-level reporting.
• Drive thought leadership and continuous improvement in RCS processes.
• Perform risk reviews for domain-specific contract deviations and advise on materiality of changes.

Basic Qualifications:

• Bachelor's or advanced degree, or equivalent work experience
• Three to five years of relevant experience in risk management or related fields.

Preferred Skills and Competencies:

• Experience in all aspects of the TPRM program and understanding of applicable laws, regulations, and regulatory trends impacting financial services.
• Solid understanding of Risk, Compliance, and Audit principles and practices
• Knowledge of business line operations, products/services, systems, and associated risks and controls.
• Effective presentation and interpersonal skills, with ability to collaborate effectively across teams.
• Strong problem-solving and project management capabilities.
• Proficiency in Microsoft Office applications.
• Highly effective written and verbal communication skills.
• Proficiency in Microsoft Office applications.
• Experience issuing findings and credibly challenging risk assessments and remediation plans for third-party vendors.

Hybrid/flexible schedule: 

Location expectations   

This role requires working from a U.S. Bank location three (3) or more days per week.  

Accessibility

We are committed to providing an inclusive and accessible recruitment experience. If you need adjustments at any stage of the application or hiring process, please contact your recruiter for guidance and support.

Total Rewards

U.S. Bank is committed to fair, equitable, and transparent compensation practices in line with local regulatory and legal requirements. Our total rewards approach is designed to attract, retain, and support top talent while ensuring equal pay for work of equal value.

We offer a market-competitive compensation package that includes:

• Clearly defined salary ranges aligned with industry benchmarks and internal equity standards.

• Performance-based incentives for eligible employees (as defined by relevant plan rules), awarded through transparent, objective criteria that recognize both individual and company performance.

• Inclusive equitable benefits that are accessible to all employees and focused around our 3 main pillars of financial wellbeing, health & wellness).

• Continuous development opportunities including training, education support, and career progression pathways based on inclusive and transparent criteria.

• Employee recognition programs that celebrate achievements and milestones for all.

We regularly review our compensation and benefits to ensure they remain competitive, inclusive, and responsive to employee needs and market trends. Further details of the compensation package will be provided upon application.

We encourage candidates to explore the full value of our offer, including monetary and non-monetary benefits, at Employee benefits and development | U.S. Bank | Elavon.

Closing Date

Posting may be closed earlier due to high volume of applicants.

We aim to provide timely updates throughout the process and encourage early applications to ensure consideration.