Thread regarding U.S. Bank layoffs

Ethics team is a joke

I know multiple people who filed factual ethics complaints and these were dismissed with no action being taken. Is HR behind this charade?

It used to not be this way. The last couple of years has been a s&$@ show with HR and Ethics. Anyone know what’s happening there in HR or Ethics or both teams?


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| 12081 views | | 129 replies (last October 9) | Reply
Post ID: @OP+1k4aqnmk5

129 replies (most recent on top)

Again, AR was incredibly successful and y’all are jelly.

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Post ID: @2f7+1k4aqnmk5

Ever been around someone who lied so often and so regularly on even the most basic things, that they had a hard time keeping their facts straight? That was Andy.

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Post ID: @2em+1k4aqnmk5

@2d1

I served on a couple committees with Andy and I think I probably speak for consensus when I say that not unlike a rabid dog, he was given way too long of a leash, and he injured a lot of people around him. Happy hours, he was always front and center right next to JR. He had stickers for local craft breweries all over his laptop. What kind of message does that send in a board room? It was unclear to many what his actual role was, as he didn’t seem interested in risk management and appeared unable to understand basic risk management concepts. His opinions were frequently challenged by other senior executives and his facial expressions were that of a condescending know at all. I’m glad I don’t have to see his smug face again.

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Post ID: @2ee+1k4aqnmk5

@2b4

Another credit alum here, in addition to all of this, I also had concerns with Andy’s views on women, minorities, gender status, etc. and found it bizarre that someone with those types of views would be in charge of managing the bank’s “reputation.” Just the wrong person in so many ways.

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Post ID: @2d1+1k4aqnmk5

@2a9

I grew up in credit with Andy and although our paths diverged after a few years, I have always been surprised at how a low-IQ, zero integrity, phony individual continued to get chance after chance once Bill Parker left. Credit being a male dominated area (at the time) had no space for such an individual, but somehow Andy found room to operate and manipulate under powerful women. His actions and mannerisms always reminded me of that of a jealous ex with imposter syndrome, and maybe in the end that’s what he is. It’s also very comforting knowing that I was not alone in my skepticism of this man.

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Post ID: @2b4+1k4aqnmk5

@29v

This was a truly horrible human being. He pushed people down, he took credit for other peoples achievements, he cut off lines of communication if he felt like a direct report was getting more credit than him. He misrepresented other people’s ideas as his own, he shied away from making decisions and avoided conflict like it was the plague. This person impacted hundreds of people‘s lives through his career at US Bank and tragically is still doing so in some capacity. He was investigated multiple times by human resources who did nothing and came to no conclusions on his conduct. I believe JR sensed there were concerns and used the changing regulatory landscape as an excuse to get rid of someone who had become a cancer.

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Post ID: @2a9+1k4aqnmk5

@28b Its never good to hold onto ill-will or to wish for someone's downfall. How he affected so many employees is the real issue here. USB Leadership permitted his bad behavior for a long time and it seems it only got worse. If JR didn't see the problem 2 years ago, what happened to change her mind now?

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Post ID: @29v+1k4aqnmk5

@28b Andy’s STCA tttus results were legendary. When you think the scores couldn’t get any worse the next quarter, they would. Andy manages people worse than risk.

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Post ID: @28f+1k4aqnmk5

@25w

Through word of mouth I heard about this site and the comments about Andy. I would also confirm what others have said here about him. I have first hand seen him bury bad news, lie to regulators, and blame employees for bad TTUS results. I became less close to him in the past few years as he moved to a different area but I can tell you the scars he left behind ran deep and people still talked about him and are definitely happy to see his downfall. He should not be managing people and not be working at USB in any capacity.

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Post ID: @28b+1k4aqnmk5

@1wq

Nobody is sad to see him go. Everyone who ever worked for him is ecstatic, save for a few people who he has manipulated. He’s a toddler in a banking job. Everyone I know has a creepy or disturbing story about him, and I don’t believe in coincidences.

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Post ID: @25w+1k4aqnmk5

@1hv

He was humiliated in front of his peers. The music stops, and he’s the only one without a chair. Every other JR direct either leaves voluntarily or is still in risk, Ry guy gets shipped to the hinterlands, and everyone knows why.

While the right thing to do was to lay him off or fire him on the spot, he’s the kind of person who creates legal risk by showing up to work each day, and that is quite a bit of leverage.

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Post ID: @1wq+1k4aqnmk5

@1hv your comments are spot on. Pride is the origin of all sin.

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Post ID: @1v4+1k4aqnmk5

The really interesting thing about our friend AR is, at one point he had it all: the vaunted EVP title, JR’s favour, free reign to build a team as he saw fit and the resources to do it.

The result was a squandered opportunity and from my vantage point, someone who created more problems for his boss than he solved, either through inaction or the wrong action. He struggled mightily and hadn’t built enough goodwill with his peers for any of us to help him out.

His fate is sad story but also a cautionary one. Blessed are the meek, for they shall inherit the earth. AR was anything but meek in the biblical context, and that was his downfall.

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Post ID: @1hv+1k4aqnmk5

@1g1

To be fair, I think if the board and MC approves of snuffing out an auditor to cover up something, there’s no recourse. It could be part of the reason the chief auditor left. All this to say that Rye guy probably had management’s blessing to goof around, until he didn’t.

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Post ID: @1ga+1k4aqnmk5

@1dv Internal audit is the Board's oversight function. I'm more curious whether any or all Board members were aware of the auditor hush money. Does the corruption go all the way to the top?

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Post ID: @1g1+1k4aqnmk5

An ops risk manager was investigated for months and she ended up taking over another team because their manager retired after the fact. Beyond ridiculous

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Post ID: @1fx+1k4aqnmk5

@1b8

It is telling that it took audit to catch the lies. Where was his manager? Where was the board oversight?

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Post ID: @1dv+1k4aqnmk5

@1b7 seems like he always has to blame someone else. Personal expenses on US Bank's dime.... Bad Admin..... Lying to the Board and Regulators about how Strat and Rep Risk are managed.... Bad Auditor..... You won't lie and do my work so I can take the credit..... Bad Employee....

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Post ID: @1b8+1k4aqnmk5

@1am

Gordon Gekko didn’t fire his admin because of expense reporting irregularities though!

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Post ID: @1b7+1k4aqnmk5

Guy shows up on the corporate jet more than Gordon Gekko!

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Post ID: @1am+1k4aqnmk5

@172 For 1 generation is not an achievement. As a parent it is your duty to help your children and to support them into adulthood. You make it sounds like he's accomplished something extraordinary by not being a dead beat dad.

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Post ID: @19n+1k4aqnmk5

@172 Ry guy lasted about 1-2 years in an EVP role, now doing grade 14 work

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Post ID: @19m+1k4aqnmk5

@172 A poor leader introduces themselves with their title and the number of people that work for them. A great leader introduces themselves with the number of people they work for and they don't need to use their title because it doesn't define who they are.

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Post ID: @18r+1k4aqnmk5

@172 Your just proving some of the comments here. If title and money are the only thing that matters, then yes, your argument has merit. But they are not the only thing which is why he is in the position he is in now. How you treat people, doing the right thing and carrying yourself with integrity, even when it's difficult, is what leaves a legacy.

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Post ID: @18e+1k4aqnmk5

@16z

EVPs are rare, and he’s one of them, that’s all that matters. His family is set financially for at least a generation, and everyone here is just jealous.

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Post ID: @172+1k4aqnmk5

@16e well, he's really not passing people over anymore. Heard that the company wouldn't even pay to have his office moved and now he has to sit in the common area with other personnel.... Not so competitive now...

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Post ID: @16z+1k4aqnmk5

@163

Prove it! This is nothing more than a witch hunt from people who were passed over instead of him or people that he bested. He’s competitive, I’ll give you that, but the rest of this thread is made up and fake.

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Post ID: @16e+1k4aqnmk5

@151 JR and several leaders in Audit knew he was a problem years ago but refused to do the right thing. Now the capital and liquidity issues impacting the bank have allowed to fester like a sore driving these layoffs. If you ask me, these leaders should be going not hard workers that were laid off.

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Post ID: @163+1k4aqnmk5

@15c who has been kissing who? I mean... I do see JR's new nickname is Chief Party Officer... Is that who?

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Post ID: @162+1k4aqnmk5

@152

He knows where the bodies of the auditors he buried are! And by bodies, I mean careers!

He knows who has been kissing who and for low long…that’s a pretty good negotiating chip!

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Post ID: @15c+1k4aqnmk5

@12c

It's simple, he knows where the bodies are buried. Look at the firm, they are obviously lying non-stop to regulators, investors and likely breaking a wide variety of federal, state and municipal laws.

He stays in the firm at the same wage to buy his silence.

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Post ID: @152+1k4aqnmk5

@12c can’t forget his limited understanding of the risk stripes he was supposed to build out and manage. Ry guy’s peers have enjoyed watching his demise. It’s unfortunate it took JR so long to figure out he was ill equipped for the role and she wasn’t willing to can him.

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Post ID: @151+1k4aqnmk5

@12c

You forgot to add the part about him stepping on and denigrating women to get to that big pot of gold.

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Post ID: @14r+1k4aqnmk5

Ry guy the shining example of what’s wrong with corporate America. Put on a suit and tie and smile for the camera and you can get away with anything!

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Post ID: @12c+1k4aqnmk5

@w3 If rep risk is anything like what corp compliance has become, I would imagine the entire MC wants to keep him around because he's willing to be unethical for the sake of cost savings. At some point, exec leadership has to make a show of taking action on all the complaints and investigations to appease regulators, but was he really "demoted" if he still receives the same comp with fewer responsibilities? If so, I sign me up for a demotion!

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Post ID: @yv+1k4aqnmk5

@vs

Who’s the MC member who kept this barnacle of a human being around?

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Post ID: @w3+1k4aqnmk5

@q9

Completely agree. This is a man who has a track record of ethical deviations at every role he’s ever been at with the bank. There are numerous data points that back this up over at least a decade, whether it be survey scores, ethics complaints, peer reviews, etc. but none of it seems to matter.

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Post ID: @vs+1k4aqnmk5

@fk they did worse than just move him around. They covered for him and even paid off auditors who reported their concerns over 2 years ago.

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Post ID: @q9+1k4aqnmk5

@ez

Ethical companies don’t just move unethical managers though, they exit them, that’s the original point.

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Post ID: @fk+1k4aqnmk5

@eq

My sources say that he was completely out of his depth and had to be moved.

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Post ID: @ez+1k4aqnmk5

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