Derivative Products Operations Risk Manager

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.

- 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

- 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

- Risk and regulatory knowledge related to derivatives and capital markets

- Understanding of Basel capital governance and risk management practices

- Strong knowledge of financial regulations and industry trends

- Strong project management, analytical, and problem-solving skills

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.

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

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: $111,605.00 - $131,300.00