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

The Merchant Payment Services ( MPS ) Risk Product and Sales Risk Leader for U.S. Bank / Elavon will have Acquiring risk management responsibilities covering Elavon Product and Elavon Sales and Distribution in the US and Canada.

This is a senior manager role that leads a team of risk managers covering Elavon distribution channels (partner, enterprise, U.

S. Bank) and product areas (gateways, core, value add, SMB, verticals, customer success, innovation labs, and product operations).

This role reports to the MPS Acquiring leader and represents Risk in the North America Leadership team (NALT) led by the MPS Chief Revenue Officer.

This role is responsible for ensuring seamless engagement between the MPS business and the USB Risk Framework, leveraging Controls, Issue Management, and Risk Assessments to mitigate risk and enable business growth.

The successful candidate will understand the dynamics of evolving merchant payments (digital, partner driven, SaaS), evolving card brand rules, regulations, and priorities, and emerging payments products and trends.

This role is key to ensuring products are built with risk considerations in mind, participating in Product development and prioritization forums.

This individual is responsible for partnering with leaders across the bank’s second line, product, finance, legal, sales, and marketing leaders in driving the vision and development of best-in-class products for merchant services.

The role requires that a candidate must be highly collaborative, a good communicator, have a risk mindset and bring a structured and disciplined approach to risk.

Job Responsibilities

• Considerable knowledge of applicable laws, regulations, financial services, and regulatory trends that impact Payments
• Card Brand Compliance
• Experience with Product Development
• Understanding of partner types (MSP, ISO, ISV, PayFac, etc )
• Considerable knowledge of Payments' operations, products / services, systems, and associated risks / controls
• Expert knowledge of Risk / Compliance / Audit competencies
• Ability to manage job scope and complexity of assigned business at the departmental and / or division level
• Strong leadership and management skills of processes, projects and people
• Excellent written and verbal communication skills
• Strong analytical, problem-solving and negotiation skills
• Proficient computer skills, especially Microsoft Office applications
• Background in product development, commercialization, third party risk, and change management
• Strong understanding of Acquiring verticals and sales channels
• Actively ensure compliance with all US Bancorp policies and procedures such as Code of Ethics and all Anti-Money Laundering, Bank Secrecy Act, information security and suspicious activity reporting requirements, etc.
• Support product teams in bringing solutions from concept to market ensuring consideration of regulatory trends and card brand and consumer compliance.

Basic Qualifications

• At least 10 years of experience with risk management in merchant payments, financial services, or fintech’s.
• Bachelor’s degree, advance degree is preferred

Preferred Qualifications

• Able to lead, influence and partner within a matrixed environment. Prior experience working in and thriving in a shared services environment is required
• Exceptional leadership skills, including the ability to identify top talent, lead and motivate dispersed teams and demonstrate leadership and collaboration among peers.

Prior experience managing through significant change and challenge is preferred

A leader possessing the highest levels of ethics, values and integrity; s / he should be highly respected within current / previous organizations

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

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

Last updated : 2024-03-27