RCA Professional (Control Testing)

U.S. Bank • Minneapolis, MN

2d • Hybrid

About The Position

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 Position Highlights Partner with Home Lending business units, Risk/Compliance/Audit (RCA) professionals, and RCA Managers to design, implement, and maintain an effective control testing framework specific to mortgage and related lending operations. Perform detailed reviews of RCSA and ECRA controls to ensure adherence to internal and regulatory requirements Detect control weaknesses or process deficiencies and recommend actionable solutions to minimize risk exposure and operational losses. Participate in projects and initiatives that ensure Home Lending processes comply with applicable laws, regulations, and internal risk standards. Prepare thorough workpapers and communicate testing results to management and stakeholders, ensuring timely remediation of issues. Serves as a functional liaison between Equipment Finance and the Lines of Defense

Requirements

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

Nice To Haves

• Intermediate knowledge of applicable laws, regulations, financial services, and regulatory trends that impact Equipment Finance
• Intermediate understanding of the Equipment Finance operations, products/services, systems, and associated risks/controls
• Intermediate understanding of testing methodologies
• Basic knowledge of Risk/Compliance/Audit competencies
• Strong analytical, process facilitation and project management skills
• Effective presentation, interpersonal, written and verbal communication skills
• Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications and word processing, spreadsheets, databases, and presentations

Responsibilities

• Partner with Home Lending business units, Risk/Compliance/Audit (RCA) professionals, and RCA Managers to design, implement, and maintain an effective control testing framework specific to mortgage and related lending operations.
• Perform detailed reviews of RCSA and ECRA controls to ensure adherence to internal and regulatory requirements
• Detect control weaknesses or process deficiencies and recommend actionable solutions to minimize risk exposure and operational losses.
• Participate in projects and initiatives that ensure Home Lending processes comply with applicable laws, regulations, and internal risk standards.
• Prepare thorough workpapers and communicate testing results to management and stakeholders, ensuring timely remediation of issues.
• Serves as a functional liaison between Equipment Finance and the Lines of Defense

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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees