Bank Risk Management Jobs in St Louis, MO (NOW HIRING)

Credit Strategy is a dynamic team within Credit Risk Management focused on optimizing the identification, quantification and mitigation of credit risk. The team oversees critical second line of defense risk management programs including USB's risk limit framework, risk rating, policy exceptions, risk ID, credit concentration, stress testing, collateral audit, credit policy and procedures, portfolio monitoring, strategic product growth and/or enhancements, regulatory review and compliance, and rapid response to emerging risk. Credit Strategy culture revolves around innovation, execution and collaboration across all 3 lines of defense and regulatory bodies. Talent seeking to join the Strategy team should possess an inquisitive and growth mindset, track record of taking initiative, and agility to problem solve in a team setting.
About the Role
In this role, you will serve as a thought leader and implementation coordinator to ensure we effectively meet or exceed the goals for key credit risk management strategy initiatives and programs.
Industry Credit Risk Management - IF Officer is responsible for portfolio management of the bank-wide Impact Finance (IF - formerly Community Development Corp) portfolio across U.S. Bank. IF is part of the Commercial Real Estate (CRE) Division and having a working knowledge of the CRE industry is preferred. The functions include emerging risk identification, managing risk appetite through risk limits and credit policies, portfolio construction and asset allocation strategies, as well as management of concentration, correlation, and specialized risks associated with the Impact Finance portfolio. Additional duties would include developing pro-active and forward-looking viewpoints regarding the industry / portfolio and creating solutions and recommendations for managing risk and influencing positive change. This includes directing, monitoring, and coordinating risk management projects for assigned industries / portfolios. This role provides independent risk management and governance while working closely with the business line, credit approval and various other key constituents to build out a comprehensive and proactive approach to portfolio management that promotes a strong risk management culture, aligned with U.S. Bank's risk appetite.
You will build and maintain relationships with peers in the Credit Strategy as well as the broader Credit Risk Management (CRM) organization and line of business to achieve desired project goals or program outcomes. This is an influential individual contributor role that requires managing projects simultaneously, maintaining strong procedural documentation, and adjusting priorities as the business and regulatory environment evolves.
Key Activities
Partnering with Credit Risk Management and U.S. Bank business units to identify and manage emerging risks associated with the respective portfolio. This includes developing relevant metrics and segmentation to assess exposure at risk and credit policies to mitigate short-term and long-term risks, with demonstrated value creation where feasible.
Assisting in developing requirements for technology projects to gather relevant data and design ongoing or ad-hoc analyses as needed.
Working with the centralized reporting team to develop and maintain relevant reporting, risk limits and analysis, and performing scenario analysis to understand the bank's exposure to potential risks and opportunities.
Preparing management reports and presentations to communicate current state and progress on credit-focused initiatives.

Core Competencies:
Hands-on individual who excels at collaborating across functional areas to develop, drive and maintain the credit risk strategy and ensure we meet core business objectives
Self-starter, ability to quickly assimilate and analyze large amounts of information across a variety of topics
Strong tenacity and resilient under pressure and self-motivated in a fast paced and demanding environment
Highly engaged, strong attention to detail, and outcome oriented
Strong analytical problem solving, and the person should have a high level of integrity to deal with highly confidential data
Presents persuasively and authoritatively to peers and senior leadership, while facilitating collaborative conversation
Consistently delivering work that meets or exceeds commitments

Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Typically more than eight years of applicable experience

Preferred Skills/Experience
- Bachelor's degree in Business, Finance, Economics, Statistics or similar
- Understanding of basic credit risk management concepts, along with 1st line and/or 2nd line experience related to underwriting and/or credit risk portfolio management preferred
- Considerable knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business
- Broad understanding of Commercial Real Estate and various Tax Credit programs, credit risk processes and governance programs, and credit data at U.S. Bank, or another mid-sized or large banking institution
- Considerable understanding of the business line's operations, products/services, systems, and associated risks/controls
- Thorough knowledge of Risk/Compliance/Audit competencies
- Strong analytical, process facilitation and project management skills
- Interest and awareness of external environment and economic events and their potential impacts to credit risk
- Effective presentation, interpersonal, written and verbal communication skills
- Effective relationship building and negotiation skills
- Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications, Co-Pilot, and word processing, spreadsheets, databases, and presentations
- Basic understanding of nCino and/or Gateway
- Applicable professional certifications

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