Senior Auditor - Compliance

U.S. Bank•Minneapolis, MN

11d•Hybrid

About The Position

The Corporate Audit Services (CAS) Senior Auditor is primarily responsible for completing audit engagement assignments with minimal supervision from the audit team management. The Senior Auditor is expected to understand risk and risk management techniques, identify and analyze business processes, key risks and critical controls, and evaluate control design adequacy; perform or supervise control testing; and document work performed in conformance with internal audit policies and procedures. 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.

Requirements

Bachelor's degree, or equivalent work experience
Five to seven years of applicable experience
Five or more years of experience in internal auditing, public accounting, or other relevant experience.
Strong critical thinking and analytical skills.
Ability to manage multiple tasks and deadlines simultaneously.
Advanced knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business
Advanced understanding of the business line's operations, products/services, systems, and associated risks/controls
Advanced knowledge of Risk/Compliance/Audit competencies
Strong process facilitation, project management, and analytical skills
Must possess business acumen and credibility to help business line(s) proactively identify and address changing workforce needs
Excellent 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
This role requires working from a U.S. Bank location three (3) or more days per week.

Nice To Haves

Bachelor’s degree (preferably in Accounting, Finance, Management Information Systems [MIS])
Applicable professional certifications preferred

Responsibilities

Assists the audit team management in planning audit engagements. Includes understanding risk and risk management techniques; identifying and analyzing business processes, key risks and critical controls; interviewing auditees; and evaluating control design adequacy.
Performs or supervises staff auditors in the testing of controls based on audit program directions. Includes using appropriate sampling and control testing techniques; identifying and assessing the relevancy of possible issues; and documenting work performed to support audit scope/conclusions, to facilitate an efficient review, and to meet internal audit policies and procedures.
Drafts audit issues under the supervision of the audit team management. Includes drafting potential exposures and significance, identifying appropriate root causes, and developing recommendations that are operationally effective and cost-effective actions to address those causes.
Assists the audit team management in the reporting and wrap-up phases of audits. Includes assisting with drafting audit reports.
Applies insights and guidance gained through coaching.
Performs other duties as requested by management.

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
Incentive and recognition programs
Equity stock purchase
Pension