Staff Auditor - Financial Crimes
About the position 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
JOB SUMMARY: 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 risk-based audit 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. The Staff Auditor will work primarily on the CAS Financial Crimes team, which is responsible for auditing compliance with Bank Secrecy Act and Anti-Money Laundering (BSA/AML) and Sanctions regulations as well as fraud.
Responsibilities
- Performing control testing 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 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 critical 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.
Requirements
- Bachelor's degree, or equivalent work experience
- Typically more than two years of applicable experience
Nice-to-haves
- 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 associated risks/controls
- Relevant Financial Service Industry knowledge (e.g., Credit, Models, Regulatory Compliance, Lending, Operations, Trust, Treasury, Merchant Acquiring, Credit Cards [consumer and corporate], etc.)
- Basic understanding of IIA 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
- Strong verbal communication skills
- Strong critical thinking and analytical skills
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
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