Staff Auditor - Payment Services

U.S. Bank • Minneapolis, MN

3d • Onsite

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 Primary 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 audit issues under the supervision of the Senior Auditor and Audit Project Manager. Includes identifying root causes rather than symptoms of control weaknesses, and developing appropriate recommendations. Collaborate with colleagues and stakeholders to evaluate, test, and report on the adequacy and effectiveness of management controls. Performing other duties as requested by management.

Requirements

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

Nice To Haves

• Basic knowledge of applicable laws, regulations, financial services, and regulatory trends that impact the assigned line of business
• Relevant Financial Services Industry knowledge
• Basic understanding of The Institute of Internal Auditors Global Internal Audit Standards and the common definition of internal controls
• Knowledge of Risk/Compliance/Audit competencies
• Ability to manage multiple tasks and deadlines simultaneously
• Proficiency in Microsoft Office and other software tools (Word, Excel, PowerPoint, databases, presentations)
• Strong written and verbal communication skills
• Strong analytical and critical thinking skills

Responsibilities

• Assisting the Audit Project Manager in planning audit engagements.
• 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 audit issues under the supervision of the Senior Auditor and Audit Project Manager.
• Identifying root causes rather than symptoms of control weaknesses, and developing appropriate recommendations.
• Collaborate with colleagues and stakeholders to evaluate, test, and report on the adequacy and effectiveness of management controls.
• 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
• Number of Employees: 5,001-10,000 employees