Compliance Quality Assurance Lead Testing Analyst - Fiduciary Oversight and Testing

Compliance Quality Assurance (CQA) Lead Analyst

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 Compliance Quality Assurance (CQA) Lead Analyst is responsible for the administration and execution of testing activities within the Independent Risk Review and Assessment (IRRA) second line organization. Key roles and responsibilities include: partnering with WCIB Business Units (BUs) and other Risk, Compliance, and Audit Professionals to help create, implement, maintain, review, and oversee an effective risk management framework, completing projects and/or activities that confirm compliance with fiduciary/trust requirements and applicable federal, state and local laws and regulations, identifying control and process weaknesses through testing activities, partnering with BUs and Risk Management groups to recommend and influence solutions to mitigate compliance risks, and effectively communicating testing results to the Manager, including well written draft reports, and for responding to and/or escalating significant risks as appropriate.

While not a people manager, the Lead Analyst is responsible for providing oversight, coaching, feedback, etc. specific to the work completed by supporting Analysts.

Basic Qualifications

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

Preferred Skills/Experience

• Strong knowledge of fiduciary principles, trust administration, discretionary investment management, and applicable fiduciary laws and regulations.
• Experience supporting or overseeing fiduciary and investment-related businesses, including Personal Trust, Institutional Trust, Corporate Trust, Asset Management, Registered Investment Adviser (RIA), or Fund Services activities.
• Background in legal, compliance, risk management, internal audit, regulatory oversight, or fiduciary services within a financial institution.
• Experience conducting risk assessments, audits, compliance reviews, testing, or regulatory examinations of fiduciary and investment advisory activities.
• Ability to identify and evaluate fiduciary, regulatory, operational, and investment-related risks, controls, and governance practices.
• Strong analytical, critical thinking, project management, and problem-solving skills.
• Excellent written and verbal communication skills, with the ability to present complex regulatory and risk matters to senior leaders and stakeholders.
• Juris Doctor (JD) and/or relevant professional certifications (trust, compliance, audit, risk management, or investment-related) 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 our disability accommodations for applicants.

Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

• 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

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to…