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 RCA Professional 7 serves as a Risk & Compliance advisor to the Prepaid business line. The role provides dedicated first-line risk support across the full lifecycle of prepaid products, digital capabilities, strategic initiatives, regulatory changes, operational enhancements, and issue remediation. The advisor works directly with Product, Sales, Client Onboarding, Digital, Technology, Operations, Legal, Financial Crimes Compliance, Fraud Strategy, Compliance, and governance teams to identify requirements early, translate risk expectations into practical actions, and keep work moving through implementation and post-implementation closure.

This is not a traditional end-stage compliance review role. The successful candidate becomes embedded in the work, develops a detailed understanding of the product and operating model, asks the questions that uncover downstream impacts, brings the right specialists together, and helps the business reach a compliant and sustainable solution. The position requires sound judgment, curiosity, persistence, and the ability to organize and influence work across a large matrixed organization.

Position Highlights

• Prepaid advisory partnership: Serve as a primary Risk & Compliance advisor for U.S. Bank-issued and program-managed prepaid products, including payroll, government disbursement, general purpose reloadable, incentive, rewards, single-load, digital card, and related money movement capabilities
• Early engagement and change governance: Engage during opportunity assessment, product planning, change control, BCIQ, and PRISM intake to clarify scope, identify impacted products and stakeholders, determine the appropriate review path, and prevent avoidable late-stage delays
• Risk assessment and practical guidance: Analyze complex or ambiguous product, operational, regulatory, technology, fraud, and third-party risks
• Translate requirements into clear options, guardrails, controls, procedures, disclosures, testing, or escalation paths that the business can implement
• Project and initiative leadership: Independently support a portfolio of concurrent initiatives from early design through implementation and post-implementation closure. Maintain status, dependencies, decisions, risks, evidence requirements, and next steps
• PRISM and risk mitigation management: Review and strengthen BCIQ and PRISM submissions, coordinate subject-matter expert reviews, develop or challenge risk mitigation plans, track evidence, resolve documentation gaps, and drive timely closure of pre- and post-implementation requirements
• Regulatory change management: Assess new or changing laws, regulations, regulatory guidance, and industry requirements for Prepaid applicability. Coordinate impact assessments, business responses, implementation plans, stakeholder alignment, and retained documentation
• Controls and risk assessments: Support ECRA and RCSA activities, process questionnaires, risk and control matrices, control self-assessments, credible challenge responses, control design improvements, and testing or monitoring expectations
• Issues, audits, and examinations: Support issue identification and intake, root-cause and impact analysis, corrective action planning, audit and examination requests, walkthroughs, First Day Letters, evidence production, and validation of sustainable remediation
• Cross-functional coordination: Identify and engage the appropriate partners across Legal, Compliance, Financial Crimes Compliance, Fraud, Information Security, Privacy, Third Party Risk Management, Operations, Technology, and Product. Facilitate decisions when ownership or requirements are unclear
• Reporting and documentation: Provide concise, decision-useful reporting on initiatives, risks, open questions, dependencies, escalations, approvals, and upcoming milestones. Maintain organized records that support governance, audit readiness, and effective handoffs
• Process improvement: Identify opportunities to simplify duplicative or low-value requirements while preserving appropriate risk management. Recommend scalable processes, job aids, templates, decision frameworks, and governance improvements

 Basic Qualifications

• Bachelor's degree, or equivalent work experience
• Typically more than eight years of experience

Preferred Skills and Qualifications

• 8+ years of experience in risk management, compliance, legal, audit, financial services, payments, product governance, or a related field
• Experience interpreting laws, regulations, regulatory guidance, policies, standards, or risk requirements and applying them to products, processes, systems, or customer experiences
• Strong analytical, critical-thinking, problem-solving, and decision-making skills, including comfort working through incomplete or ambiguous information
• Excellent written and verbal communication skills, including the ability to develop and clearly articulate well-supported points of view and explain complex requirements to business and technical audiences
• Strong project management, organization, documentation, prioritization, and follow-through skills, with the ability to provide direction, coordinate cross-functional work, and drive multiple simultaneous initiatives
• Ability to build relationships, influence without direct authority, challenge constructively, and escalate appropriately
• Prepaid card, debit card, consumer payments, issuing, money movement, fintech, or banking product experience
• Working knowledge of prepaid program structures and participants, such as issuer, program manager, processor, client or sponsor, network, third-party service provider, and cardholder
• Experience with Regulation E, Regulation II, E-SIGN, UDAAP, TCPA, CAN-SPAM, BSA/AML, fraud risk, and/or FDIC pass-through deposit insurance
• Experience with product and change governance, including business intake, risk assessments, change control, issue management, control design, audit support, and post-implementation validation
• Professional certification such as CRCM, CAMS, or comparable legal, risk, or compliance credential

Hybrid/flexible schedule

The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days

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:

• 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

Review our full benefits available by employment status here.

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.

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.