Senior Auditor - Compliance

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.

The Senior Auditor supports the Corporate Audit Services (CAS) Compliance team by executing audit engagements to assess business processes, identify key compliance risks and controls, and evaluate control design and effectiveness. Responsibilities include performing or overseeing control testing and documenting results in accordance with internal audit standards.

The role partners with Lines of Business and RCA stakeholders to strengthen risk management practices and ensure compliance with applicable laws and regulations. The Senior Auditor identifies control gaps, recommends mitigation strategies, escalates risks as appropriate, and serves as a liaison across the Lines of Defense.

• 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.

• Bachelor's degree, or equivalent work experience
• Five to seven years of applicable experience

• Consumer compliance or regulatory compliance is highly preferred
• Bachelor’s degree (preferably in Accounting, Finance, Management Information Systems [MIS]).
• 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
• Applicable professional certifications preferred

This role requires working from a U.S. Bank location three (3) or more days per week.

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to disability accommodations for applicants.

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