Third Party Risk Analyst - Assessments

Company: U.S. Bank
Location: Minneapolis
Posted on: April 1, 2026

Job Description:

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 U.S. Bank is seeking the position of Third Party Risk Analyst (TPRA). Based on interagency (OCC, FRB, FDIC) guidance on Third Party Risk Management and in collaboration with other stakeholders, Third Party Risk Management is directly responsible for providing comprehensive risk oversight, governance and continuous improvement of the organizations Third Party Management end-to-end process. Primary activities will include managing the end-to-end assessment cycle, including significant Third Party (TP) changes, and critical watch reports (CWR). TPRAs also ensure compliance with DORA registry requirements and monitor changes to critical activity populations. The position also works to prevent performance downgrades, particularly unsatisfactory, by identifying improvement opportunities and ensuring accurate reporting. Roles and Responsibilities: Program execution leading to achieving Service Level Objective (SLO) that ensure the client centric model effectively and proactively manages third party risk. Strong partnership and relationship building within RM&C, Operational Risk, Risk & Control Specialist groups, Technology partners and across BLs and BL CRO teams to meet business and company objectives through use of Third Parties. Carry out the following responsibilities/duties as a part of day-to-day operations: Manage end-to-end assessment cycle for Corporate Directed programs Actively manage reassessments and ensure overall portfolio risk remains within appetite (i.e., minimize Key Risk Indicator or other operational metric breaches etc.) TP Change Forms – significant changes to assessment Critical Watch Report TPI Connections Exit Strategies DORA requirements for registry Monitor changes to critical activity population Manage potential downgrades to ensure accuracy and opportunity to avoid downgrade Basic Qualifications - Bachelor's degree, or equivalent work experience - Typically more than five years of applicable experience Preferred Skills / Experience Strong relationship building skills and demonstrated success in achieving organizational objectives through partnership and influence Able to identify risk and asks thought provoking questions Demonstrates strong credible challenge In-depth knowledge of Third Party Risk Management Self-starter who can quickly learn on the job in a fast-paced environment and who is comfortable working on several concurrent tasks. Very Strong organizational and analytical skills. Excellent presentation, verbal, and written communication skills. Ability to research and manage multiple projects/programs and deadlines simultaneously. Strong proficiency of MS Office suite including Office 365 and associated tools. Considerable knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business Considerable understanding of the business line’s operations, products/services, systems, and associated risks/controls Applicable professional certifications 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 . 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 . 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: $92,820.00 - $109,200.00 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.

Keywords: U.S. Bank, Edina , Third Party Risk Analyst - Assessments, Accounting, Auditing , Minneapolis, Minnesota