Risk and Compliance Internal Controls Auditor

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

Position Highlights

• Responsible for the execution of BLQA testing activities within Payment Services CRO, first line organization. Participates in the overall Quality Assurance Program strategy, which addresses operational and Compliance risks, as well as policy requirements. Specific responsibilities include:
• Conduct test preparation, test execution and identification of control and process weaknesses through testing activities.

• Propose changes to business line procedures or controls to improve any process gaps.
• Maintain testing documentation in keeping with department's policies and creating comprehensive audit trails/work papers and assessing and documenting appropriate test conclusions
• Ensuring proficient knowledge of the operations of the functional areas
• Monitoring key risk indicators and emerging risks to identify potential edits or updates for existing test scripts/procedures
• Performing routine to moderately complex testing and control assessment activities in accordance to the annual test plan
• Identifying control deficiencies and documenting test results
• Leading collaboration sessions with the business unit to vet test findings and review testing results
• Identifying and documenting the process to validate test populations and pull samplings
• Maintaining accurate and complete records and preparing statements and reports
• Providing project and analytical support for medium projects and/or assisting with larger, more complex projects

Basic Qualifications

• Bachelor’s degree, or equivalent work experience
• Typically more than three years of applicable experience

Preferred Skills and Experience

• Retail Payment Solutions (RPS) experience is highly desired
• Fraud and Collections experience
• Proficient in the use of SharePoint
• Intermediate knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business
• Intermediate 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
• Intermediate knowledge of card-related laws and regulations, and an understanding of the payments industry
• Ability to identify and resolve exceptions and to analyze data
• Demonstrated ability to interface effectively with various levels of management
• Applicable professional certifications

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 (some may vary based on role, location or hours):

• 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

EEO is the Law

U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

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.

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, US Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401k contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $79,135.00 - $93,100.00 - $102,410.00 Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date.