Thread regarding U.S. Bank layoffs

Fraud and Risk at risk

We were just told that our RCA roles are now at risk for automation as third party vendors are more efficient. They said by Summer to early Fall a lot of the fraud roles could change dramatically. Our manager said I’m being up front as I don’t want you left in the dark but these are coming from above.

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Post ID: @YeT1MR8

3 replies (most recent on top)

H1B1's from India? Boy your imagination is at high. USB will use third party US based risk management firms. Local outsourcing to less expensive firms. Once that is complete, they will begin with the RPA (automation) process. For now if you are an underwriter working at US bank, JUMP SHIP NOW!

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Post ID: @YeT1MR8-5vne

Does this mean the fraud risk auditors are being replaced with H1B1's from India? What is meant by "third party?"

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Post ID: @YeT1MR8-3ryq

It will happen sooner than later. US Bank will move to the cheaper option for back-office roles and will hire eye-candy from Target in the front office to make it a 'cool-guys table' environment at corporate. Take your money to a decent local credit union and move your skills to a company that has a heart and a soul and share your dreams.

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Post ID: @YeT1MR8-2yyf

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