Staff Auditor - Operations

US Bank•Minneapolis, MN

37d•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 The Corporate Audit Services (CAS) Staff Auditor is primarily responsible for completing audit engagement assignments with assistance from the audit team management. The Staff Auditor assists in identifying and analyzing business processes, key risks and critical controls, and help to evaluate control design adequacy, perform control testing; and document work performed in conformance with internal audit policies and procedures. This position supports the Digital, Technology, and Operations team in CAS, with a focus on Centralized Operations and the Risk office. Operations Services includes but not limited to, Operations Transformation, Risk Office (Operations focused), Cash and Check Services, Electronic Payment Services, Lending Services, and Operations Account Services.

Requirements

Bachelor's degree (preferably in Finance, Accounting), or equivalent work experience
Typically more than two years of applicable experience
Knowledge of applicable laws, regulations, and regulatory trends impacting financial services
Basic understanding of Risk/Compliance/Audit competencies
Strong verbal and written communication skills.
Basic understanding of IIA Standards and the common definition of internal controls.
Strong analytical and critical thinking skills.
Relevant Financial Service Industry knowledge.
Proficiency in Microsoft Office and other software tools (Word, Excel, PowerPoint, databases, presentations).
Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Nice To Haves

Knowledge of transformation, artificial intelligence, and business processes.
Ability to manage multiple tasks and deadlines simultaneously.

Responsibilities

Assisting the Audit Project Manager in planning audit engagements. Includes performing control testing based on audit program directions; applying appropriate sampling and control testing techniques; identifying and assessing the relevancy of potential issues; and documenting work performed in TeamMate Audit Solutions to support audit scope/conclusion in compliance with CAS Policies, Standards and Guidelines.
Drafting issues under the supervision of the Senior Auditor, Audit Project Manager. Includes identifying root causes rather than symptoms of control weakness; assessing the issue relevance and potential exposures; and developing appropriate recommendations.
Collaborate with colleagues and stakeholders to evaluate, test and report on the adequacy and effectiveness of management controls.
Support integrated audits to assess IT and automated control risks within the digital systems and applications that support various business lines.
Performing additional duties as requested by CAS 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

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