Staff Auditor - Wealth, Corporate, Commercial and Institutional Banking

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 Corporate Audit Services (CAS) Staff Auditor is responsible for executing internal audit activities at the direction of the lead auditor and / or primary audit manager, including assisting in planning of projects and development of audit testing programs. The Staff Auditor is expected, with support from others, to perform control testing and document work performed in conformance with internal audit policies and procedures.

Primary Responsibilities

Performing control testing based on audit testing 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 and meet internal audit policies and procedures.

Assisting the lead auditor in planning audit engagements. Includes performing financial analysis and identifying areas for further review; interviewing auditees; identifying and analyzing business processes; and identifying key risks and controls.

Drafting audit issues under the supervision of the audit team management. Includes identifying appropriate root causes, and developing recommendations that are operationally effective and cost-effective actions to address those causes.

Learning from and applying coaching received.

Performing other duties as requested by management.

Basic Qualifications

Bachelor's degree (preferably in Finance, Accounting, or Economics), or equivalent work experience

Typically more than two years of applicable experience

Preferred Skills / Experience

Knowledge of the financial markets and overall industry

Basic knowledge of applicable laws, regulations, financial services, and regulatory trends that impact the assigned line of business. Key regulations for the role's primary assigned business areas include Investment Advisers Act of 1940, Investment Company Act of 1940, Securities Exchange Act of 1934, FINRA rules, MSRB rules, etc.

Basic understanding of the business line's operations, products / services, systems, and associate risks / controls. Offerings covered by the role's primary assigned team include asset management, wealth management, trust, custody and fund services offerings.

Relevant financial service industry knowledge (e.g. credit, models, regulatory compliance, investment services, lending, operations, trust, etc)

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

Strong process facilitation and project management skills

Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications and word processing, spreadsheets, databases, and presentations

Excellent communication and interpersonal skills including the ability to interact with a variety of leaders across different levels

Outstanding writing skills and ability to document complex processes and concepts clearly

Strong analytical and organizational skills; adept at critical thinking

Self-starter with a strong desire to deepen knowledge in the financial services industry, specifically investment management services

Detail oriented with strong time management skills

Typically more than 2 years of applicable work experience; however, this qualification is flexible depending on candidate

Availability to travel

Tag : INDMO

• Th is 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 () .

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

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

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 : $71,400.00 - $84,000.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and / or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

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.