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Senior Auditor - Wealth Management and Investment Services Products
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$94k-113k (estimate)
Full Time | Banking 2 Weeks Ago
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U.S. Bank National Association is Hiring a Senior Auditor - Wealth Management and Investment Services Products Near Minneapolis, MN

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

  • U.S. Bank Corporate Audit Services (CAS) is seeking a strong candidate to join our growing team of audit professionals supporting the Wealth Management and Investment Services team.

  • This role will support development and implementation of an audit coverage strategy for Personal Trust and Institutional Investment Services products and services, key risk and regulatory themes spanning fiduciary and asset management topics, and continuous monitoring of strategic initiatives and business changes.

  • The audits conducted by the candidate support execution of the Audit Committee’s approved plan and provide Senior Management with recommendations to strengthen key business processes and provide independent opinions on the Company’s governance, risk management framework and supporting control processes.

  • The Corporate Audit Services Senior Auditor is also responsible for partnering with U.S. Bank’s Wealth Management and Investment Services businesses and other Risk/Compliance/Audit (RCA) professionals to create, implement, maintain, review or oversee an effective risk management framework.

  • This role participates in risk-based audit projects and/or activities that ensure compliance with applicable federal, state, and local laws and regulations; identifies gaps and provides informed solutions that minimize losses resulting from inadequate internal processes, systems or human errors; identifies, responds and/or escalates risks as appropriate.

  • The CAS Senior Auditor serves as a functional liaison between the Line of Business and the Lines of Defense.

Preferred Skills/Experience

• Bachelor's degree, or equivalent work experience
• Typically, more than five years of internal auditing, first line, second line, financial services regulatory, or other relevant experience.
• Advanced knowledge of applicable laws, regulations, financial services, and regulatory trends that impact Wealth Management and Investment Services
• Advanced understanding of the business line’s operations, products/services, systems, and associated risks/controls
• Thorough knowledge of Risk/Compliance/Audit competencies
• Strong analytical, process facilitation and project management skills
• Effective 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
• CIA, CPA, CISA, CFIRS, CCTP or other relevant professional designation

INDMO

The role offers a hybrid/flexible schedule, which means there is 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.

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

EEO is the Law

U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS EEO poster.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

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: $90,100.00 - $106,000.00 - $116,600.00Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Banking

SALARY

$94k-113k (estimate)

POST DATE

05/12/2024

EXPIRATION DATE

07/11/2024

WEBSITE

usbank.com

HEADQUARTERS

CINCINNATI, OH

SIZE

>50,000

FOUNDED

1863

CEO

ANDREW CECERE

REVENUE

$10B - $50B

INDUSTRY

Banking

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About U.S. Bank National Association

U.S. Bancorp, with nearly 70,000 employees and $554 billion in assets as of December 31, 2020, is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States. The Minneapolis-based bank blends its relationship teams, branches and ATM network with digital tools that allow customers to bank when, where and how they prefer. U.S. Bank is committed to serving its millions of retail, business, wealth management, payment, commercial, corporate, and investment customers across the country and around the world as a trusted and responsible financial partn...er. This commitment continues to earn a spot on the Ethisphere Institutes Worlds Most Ethical Companies list and puts U.S. Bank in the top 5% of global companies assessed on the CDP A List for climate change action. Visit usbank.com for more. More
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