Talent.com
Staff Auditor Wealth, Corporate, Commercial and Institutional Banking

Staff Auditor Wealth, Corporate, Commercial and Institutional Banking

U.S. BancorpMinneapolis, MN, US
1 day ago
Job type
  • Full-time
Job description

Corporate Audit Services Staff Auditor

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
  • Basic understanding of the business line's operations, products / services, systems, and associate risks / controls
  • 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

    This 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.

    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.

    Pay Range : $71,400.00 - $84,000.00

    Create a job alert for this search

    Staff Auditor • Minneapolis, MN, US