ACL Reporting Team Lead

ACL Reporting Team Lead

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.

The ACL Reporting Team Lead is responsible for leading and supporting key analytical and reporting activities in support of the allowance for credit losses (ACL), including mentoring junior analysts, overseeing quarter-end allowance results reporting, and ensuring accurate journal entries and external reporting schedules.

This is an active leadership role that will drive operational process improvements and modernization initiatives across the allowance for credit loss team that support workflow efficiency, transparency of results, reduced operational risks and adherence to accounting standards.

Responsibilities include coordinating quarter-end ACL recording, preparing and reviewing provision journal entries, conducting reserve analyses for other assets, and reviewing key control schedules. The analyst provides first-line review and guidance for junior team members, supports compliance with various risk and reporting requirements, and ensures the accurate and timely completion of all related processes.

Basic Qualifications: Bachelor's degree, or equivalent work experience. Typically more than eight years of applicable experience.

Preferred Skills/Experience:

- Certified Public Accountant (CPA)

- Considerable knowledge of regulatory and financial accounting guidance relevant to CCAR / CECL and credit expense reporting

- Effective presentation, verbal and written communication skills

- Ability to work effectively with individuals and groups in generating credit reporting and explaining drivers of results

- Ability to assess process flows and identify key risks and risk mitigants

- Understanding of key credit performance ratios

- Knowledge of bank lending products, lending structures and risk management models

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:

• 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

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.

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: $119,765.00 - $140,900.00