Senior Auditor - Capital Markets

U.S. Bank; New York (NY); On-site; USD 105,000 - 123,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

401(k) retirement plan

Paid vacation

Job summary

U.S. Bank is seeking a Senior Auditor within Corporate Audit Services to support risk assessment, control testing, and reporting for Capital Markets and broker-dealer activities across multiple regions.

You will partner with risk, compliance, operations, technology, and business areas to ensure independent assurance and high-quality audit results. The role emphasizes building audit proficiency, understanding Capital Markets products, evaluating control design and operating effectiveness, and

Qualifications

• Foundational understanding of internal controls, risk management, audit methodology, or regulatory expectations.
• Experience with audit, risk, compliance testing, internal control testing, or regulatory review is a plus.
• Strong written and verbal communication skills to summarize issues and testing results.

Responsibilities

• Assist with risk-based audit planning for Capital Markets and broker-dealer processes.
• Support walkthroughs, process documentation, control identification, and risk assessments.
• Perform testing and documentation of controls in line with CAS methodology.
• Draft audit observations and support reporting under supervision.
• Collaborate with risk, compliance, operations, technology, and business partners.

Skills

Internal controls

Audit methodology

Regulatory expectations

Capital Markets

SOX testing

Communication

Education

Bachelor’s degree

Advanced degree

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

U.S. Bank’s Capital Markets platform serves institutional and corporate clients through broker-dealer and related operating models spanning investment banking, institutional sales and trading, prime brokerage and outsourced trading, electronic/systematic trading, and research/corporate access. The platform operates across the U.S., U.K., Australia, Hong Kong, and Singapore.

The Senior Auditor within Corporate Audit Services (CAS) supports independent assurance and advisory activities designed to evaluate and improve U.S. Bancorp’s risk management, control, and governance processes across the enterprise, including affiliates and majority-owned entities.

This role supports audit coverage for Capital Markets and institutional broker-dealer activities by assisting with risk assessments, audit planning, control testing, issue documentation, and reporting.

The role partners with audit team members and stakeholders across risk, compliance, operations, technology, and business areas to assess processes and controls in a regulated financial services environment.

The Senior Auditor supports the execution of audits aligned to CAS policies, IIA Standards, and applicable regulatory requirements.

The role is focused on developing audit proficiency, understanding Capital Markets products and processes, evaluating control design and operating effectiveness, preparing clear documentation, and contributing to timely, high-quality audit results.

This position is appropriate for a developing audit professional with foundational audit, risk, compliance, accounting, or financial services experience and an interest in building Capital Markets and broker-dealer audit expertise.

Primary Responsibilities

Audit Planning & Risk Assessment

• Assist with risk-based audit planning activities for Capital Markets and broker-dealer processes.
• Support walkthroughs, process documentation, control identification, and risk assessment activities.
• Perform research on assigned business areas, products, processes, regulations, and emerging risks.
• Contribute to continuous monitoring activities by gathering and summarizing relevant business, control, and risk information.

Audit Execution & Documentation

• Execute assigned audit procedures, including control design assessment, control testing, substantive testing, and validation activities.
• Document audit work clearly, accurately, and in accordance with CAS methodology and internal quality expectations.
• Identify potential control gaps, testing exceptions, or documentation issues and elevate them to audit project leadership.
• Assist with drafting audit observations, issue support, and report content under the direction of audit management.
• Maintain accountability for assigned work, including timely completion of testing, workpaper documentation, and follow-up items.

Stakeholder Engagement & Communication

• Participate in meetings with business line, risk, compliance, operations, technology, and other control partners.
• Communicate audit requests, testing results, and potential observations in a professional and concise manner.
• Build working relationships with audit team members and stakeholders while maintaining independence and objectivity.
• Support effective coordination across the three lines of defense.

Professional Development & Team Support

• Develop knowledge of Capital Markets, broker-dealer activities, audit methodology, internal control concepts, and applicable regulatory expectations.
• Participate in training, coaching, and feedback discussions to strengthen audit judgment and execution skills.
• Support other audits, issue validation work, continuous monitoring, and special projects as needed.
• Contribute to a collaborative, inclusive, and high-quality team environment.

Basic Qualifications

• Bachelor’s degree or advanced degree, or equivalent relevant work experience.
• Typically more than 5 years of experience in audit, risk management, compliance, consulting, or related financial services functions.

Preferred Skills/Experience

• Foundational understanding of internal controls, risk management, audit methodology, or regulatory expectations.
• Demonstrated ability to execute assigned work, manage deadlines, and produce clear documentation in a professional environment.
• Exposure to Capital Markets, broker-dealer, trading, investment banking, institutional sales, prime brokerage, research, operations, risk, compliance or related financial services activities.
• Public accounting, advisory, or consulting experience with a Big 4, national, or recognized professional services firm is a plus.
• Experience performing audit, risk, compliance testing, internal control testing, SOX, regulatory review, or process/control documentation.
• Interest in developing knowledge of Capital Markets products, front-to-back operating models, supporting technology platforms, and related risk and control frameworks.
• Strong analytical, critical thinking, and problem-solving skills.
• Strong written and verbal communication skills, including the ability to summarize issues and testing results clearly.
• Ability to work effectively in a team environment and collaborate with stakeholders across business, risk, compliance, operations, technology, and audit.
• Professional certification or progress toward certification preferred, such as CIA, CPA, CISA, or similar designation.

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

Review our full benefits available by employment status here.

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: $104,550.00 - $123,000.00 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.

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 you excel at—all from Day One.