Business Risk Data Analyst

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

We are looking for an experienced Business Risk Data Analyst to join our Lease Program Management team, a key function of the Risk Science and Management group. The role focuses on managing residual risk in consumer vehicle leases by leveraging both existing and emerging technologies to enhance data modeling and analytics for accurate risk assessment.

Key responsibilities include developing and maintaining analyses that compare current vehicle performance to projected residual values, using industry data to ensure lease residuals are appropriately set, and identifying areas where adjustments are needed to reflect market trends to minimize future losses.

 

The analyst prepares bi-monthly presentations for senior management to review and approve residual values. The resulting residuals are then processed by the analyst for implementation into IT systems, along with weekly updates.

 

Additionally, the analyst collaborates with their assigned Line of Business, other Risk/Compliance/Audit (RCA) professionals, and RCA Managers to create, implement, maintain, review, or oversee an effective risk management framework. They participate in projects and activities that ensure compliance with applicable federal, state, and local laws and regulations. The analyst identifies gaps and informs solutions to minimize losses resulting from inadequate internal processes, systems, or human errors. They identify, respond to, and escalate risks as appropriate, serving as a functional liaison between the Line of Business and the Lines of Defense.

Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Seven to 10 years of applicable experience
- Applicable professional certifications

Preferred Skills/Experience

- Proficient with MS Office 365, particularly Excel, SQL and /or similar database languages

-Identify and recommend adjustments to residual assumptions based on observed market shifts

-Expert understanding of the business line's operations, products/services, systems, and associated risks/controls
- Expert understanding of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business
- Ability to build and manage a team of Business Risk professionals who have credibility and work directly with business line management, as appropriate
- Basic knowledge of Business Risk competencies
- Strong process facilitation and project management skills
- Strong presentation, relationship building and negotiation skills
- Well-developed analytical skills
- Effective oral and written communication skills
- Possess business acumen and credibility to help business line(s) proactively identify and address changing workforce needs
- Proficient computer navigation skills, particularly word processing, spreadsheet, databases, and presentations

Experience in reviewing a large amount of information, summarize, a make recommendation to senior management.

- Strong analytical skills with critical thinking with the ability to summarize and report on findings, understanding how this data set affects other items.

-Ad hoc reporting with findings that show the impact and present to leaders

-Collaborating with other LOB's, time sensitive with a high level of accuracy

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

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

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: $98,175.00 - $115,500.00

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.

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