Derivative Products Operations Risk Manager

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.

We encourage growth – and reward the journey We are seeking a Risk Support professional within Derivative Products Control & Operations . This role partners with various functions within Derivations Products Control & Operations, trading desks including Rates, Commodities, FX, Mortgage MSR and Credit derivative, Risk/Compliance/Audit (RCA) teams to support the development, implementation, and maintenance of an effective risk management framework. The ideal candidate brings strong business acumen, a strategic mindset, and the ability to influence stakeholders. They excel in risk management, regulatory compliance, and driving operational excellence within complex financial environments. What You’ll Do Maintain knowledge of derivative products, operational risk, internal controls, and reporting standards, including evolving regulations Partner with audit, risk (1st, 2nd, and 3rd line), compliance, data governance, and operations teams to support audits, exams, and documentation requirements Support the creation and review of procedures to ensure alignment with documentation standards Perform and document periodic control testing to meet audit requirements Identify control gaps and drive solutions to mitigate risk and potential losses Develop and implement policies and procedures aligned with regulatory and company standards What Makes This Role Unique High visibility impact – your work directly supports audit outcomes and regulatory compliance Niche expertise growth – build deep knowledge in derivatives and capital markets Cross-functional influence – collaborate with audit, risk, compliance, and operations leaders Problem-solving environment – navigate complex, evolving regulatory and financial challenges Schedule & Location Monday - Friday 8:00am-5:00pm local time Charlotte, Chicago, Earth City Hybrid 3+ days in office Basic Qualifications Bachelor's degree, or equivalent work experience Typically six or more years of related experience Preferred Skills/Experience Risk and regulatory knowledge related to derivatives and capital markets 5+ years of risk-based finance experience Understanding of Basel capital governance and risk management practices Strong knowledge of financial regulations and industry trends Ability to build relationships and influence stakeholders Strong project management, analytical, and problem-solving skills Effective communication and presentation skills Proficiency in Microsoft Office Why Join Us You’ll be part of a team that values precision, collaboration, and continuous learning , with the opportunity to build expertise in one of the most complex and impactful areas of financial services. This position is not eligible for visa sponsorship. Must be U.S. Citizen not holding a visa. Location Expectations This role requires working from a U.S. Bank location three (3) or more 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 .

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: Healthcare (medical, dental,