Senior Auditor - Banking Products

US Bank; Irving (TX); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Healthcare

Life insurance

Disability insurance

Parental leave

401(k) plan

Paid vacation

Paid holidays

Adoption assistance

Sick leave

Job summary

U.S. Bank is seeking a CAS Senior Auditor to support centralized audit activities, including planning engagements, testing controls, and drafting audit issues. The role involves analyzing business processes and risks, and contributing to management reporting and quality initiatives.

The position requires a Bachelor’s degree and typically more than five years of relevant experience in risk, compliance, or audit. You will work from a U.S. Bank location three or more days per week.

Qualifications

• Bachelor's degree or equivalent work experience.
• Typically more than five years of applicable experience.
• Advanced knowledge of risk, compliance, and audit principles.

Responsibilities

• Assist in planning audit engagements, identifying risks and controls.
• Supervise staff in testing controls and documenting work for reviews.
• Draft audit issues, root causes, and actionable recommendations.
• Support reporting and wrap-up phases of audits.

Skills

Analytical skills

Communication skills

Project management

Interpersonal skills

Process facilitation

Risk/Compliance/Audit knowledge

Education

Bachelor's degree

Tools

Microsoft Office

Job description

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) Senior Auditor role will work with limited oversight to support centralized audit team activities, including continuous monitoring, management reporting, quality initiatives, and departmental projects. The role will support execution of audit engagements and other projects in a contributor or lead role depending on complexity. The Senior Auditor is expected to understand risk and risk management techniques, identify and analyze business processes, and key risks and controls. The position involves planning, executing, and reporting on a range of audit assignments.

Primary Responsibilities

• Assisting the audit team management in planning audit engagements. Includes understanding risk and risk management techniques; identifying and analyzing business processes, and key risks and controls; interviewing auditees; and evaluating control design adequacy.
• Performing or supervising staff auditors in the testing of controls based on audit 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, to facilitate an efficient review, and to meet internal audit policies and procedures.
• Drafting audit issues under the supervision of the audit team management. Includes drafting potential exposures and significance, identifying appropriate root causes, and developing recommendations that are operationally effective and cost-effective actions to address those causes.
• Assisting the audit team management in the reporting and wrap-up phases of audits. Includes assisting with drafting audit reports.
• Learning from and applying coaching received.
• Performing other duties as requested by management.

Basic Qualifications

• Bachelor's degree, or equivalent work experience
• Typically more than five years of applicable experience

Preferred Skills/Experience

• Advanced knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business
• 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
• Applicable professional certifications

• This role requires working from a U.S. Bank location three (3) or more days per week.

Benefits

• 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 prim