Senior Auditor - U.S. Bank Europe

US Bank • Minneapolis, MN

51d • Hybrid

About The Position

The Corporate Audit Services Senior Auditor is primarily responsible for completing audit engagement assignments with minimal supervision from 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 docuAment work performed in conformance with internal audit policies and procedures. This position supports the European Union (EU) operations of U.S. Bank namely U.S. Bank Europe Designated Activity Company (USBE) and Global Funds Services (GFS). USBE is an Irish credit institution subsidiary of U.S. Bank.  USBE is headquartered in Cherrywood and has operations in the following EU jurisdictions:  Ireland, United Kingdom, Norway, Luxembourg, Spain, Germany, and Poland. GFS provides fund administration services to authorized undertaking for collective investment in transferable securities (UCITS) and Alternative investment funds in Ireland and Luxembourg.

Requirements

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

Nice To Haves

• Relevant Financial Service Industry knowledge (e.g. Prudential and Conduct of Business, Operational Risk, Regulatory Reporting, Compliance, Legal, Human Resources, Treasury, Payments (Merchant Acquiring, Corporate Payment Systems)
• Thorough understanding of Institute of Internal Auditors (IIA) Standards and the common definition of internal controls.
• CIA, CPA or other relevant professional designation or advanced degree.
• Excellent verbal and written communication skills.
• Strong critical thinking and analytical skills.
• Ability to manage multiple tasks and deadlines simultaneously.

Responsibilities

• Assisting 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.
• Performing or supervising 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.
• Drafting 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.
• Assisting the audit team management in the reporting and wrap-up phases of audits. Includes assisting with drafting audit reports.
• Learning from and applying coaching received.
• Performing 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Number of Employees: 5,001-10,000 employees