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Staff Auditor
- US Bank (Minneapolis, MN)
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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 CAS Staff Auditor is primarily responsible for assisting in completing audit engagement assignments with supervision from audit team management. The ideal candidate is expected to be familiar with wealth management, investment services and trust products operations.
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 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.
Basic Qualifications:
+ Bachelor's degree, or equivalent work experience
+ Typically, more than two years of applicable experience
Preferred Skills / 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.
+ Knowledge of wealth management, investment services and trust products operations, information technology, digital transformation, and business processes.
+ Ability to manage multiple tasks and deadlines simultaneously.
+ Basic understanding of IIA Standards and the common definition of internal controls.
+ Strong analytical and critical thinking skills.
+ Relevant Financial Service Industry knowledge (e.g., Wealth Management, Investment Advisory and Trust Product Operations, etc.).
+ Proficiency in Microsoft Office and other software tools (Word, Excel, PowerPoint, databases, presentations)
INDMO
_The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days_
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 (https://careers.usbank.com/global/en/disability-accommodations-for-applicants) .
Benefits:
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 (some may vary based on role, location or hours):
+ 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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The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $71,400.00 - $84,000.00
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.
Posting may be closed earlier due to high volume of applicants.
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