Fiduciary Compliance QA Lead: Testing & Oversight

Us Bank; Charlotte (NC); On-site; USD 105,000 - 124,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

Life insurance (basic)

Short-term & long-term disability

Paid vacation & holidays

401(k) retirement plan

Parental leave

Job summary

U.S. Bank seeks a Compliance Quality Assurance (CQA) Lead Analyst to oversee testing activities within the IRRA second line. You will partner with BUs and Risk, Compliance, and Audit to uphold a robust fiduciary risk management framework and to confirm adherence to fiduciary and regulatory requirements.

The role involves identifying control weaknesses, communicating results to leadership, and coaching analysts. A JD or relevant certifications are preferred; three+ days onsite at a U.S.

Qualifications

• Strong knowledge of fiduciary principles, trust administration, discretionary investment management, and applicable fiduciary laws and regulations.
• Experience with fiduciary and investment-related businesses (Personal/Institutional/Custodian trust, Asset Management, RIA, Fund Services).
• Background in legal, compliance, risk management, internal audit or fiduciary services within a financial institution.
• Experience conducting risk assessments, audits, compliance reviews, testing, or regulatory examinations of fiduciary activities.
• Ability to identify and evaluate fiduciary, regulatory, operational and investment-related risks, controls, and governance practices.

Responsibilities

• Partner with WCIB BUs and Risk, Compliance, Audit to support a risk management framework.
• Oversee testing activities to confirm compliance with fiduciary requirements and laws.
• Identify control and process weaknesses and recommend mitigations.
• Communicate testing results to the Manager with clear reports and escalation when needed.
• Provide oversight and coaching to analysts working on the assignments.

Skills

Fiduciary principles

Risk assessment

Analytical thinking

Project management

Regulatory communication

Legal/compliance

Education

Bachelor's degree

Job description

U.S. Bank seeks a Compliance Quality Assurance (CQA) Lead Analyst to oversee testing activities within the IRRA second line. You will partner with BUs and Risk, Compliance, and Audit to uphold a robust fiduciary risk management framework and to confirm adherence to fiduciary and regulatory requirements.

The role involves identifying control weaknesses, communicating results to leadership, and coaching analysts. A JD or relevant certifications are preferred; three+ days onsite at a U.S.