Senior Auditor - Financial Crimes

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 works with limited oversight to 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 3 years of applicable experience

Preferred Skills/Experience

• Thorough knowledge of applicable laws, regulations, financial services, and regulatory trends that impact financial crimes compliance

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

• Strong Financial Service Industry knowledge related to financial crimes compliance

• Thorough understanding of The Institute of Internal Auditors Global Internal Audit Standards and the common definition of internal controls

• Ability to apply Risk/Compliance/ Audit competencies independently

• Strong process facilitation and project management skills

• Advanced verbal and written communication skills

• Advanced critical thinking and analytical skills

• Ability to build strong professional relationships with peers, mid-level management and external stakeholders (primarily external audit)

• Applicable professional certifications preferred (CAMS, CFE, CIA)

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

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:

• 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 work