Senior Auditor - Wealth, Corporate, Commercial and Institutional Banking
U.S. Bank · Minneapolis, United States +5 · 1d ago
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 Corporate Audit Services (CAS) is seeking a strong candidate to join our growing team of audit professionals supporting the Wealth, Corporate, Commercial and Institutional Banking team. This role supports the development, implementation, and execution of the retail brokerage and advisory services audit plan, with supporting exposure to asset management activities.
Engagements executed in this role support the Audit Committee’s approved audit plan and provide Senior Management with clear, risk‑focused insights that strengthen key business processes and enhance the Company’s governance, risk management framework, and supporting control environment.
The CAS Senior Auditor works closely with internal and external stakeholders as a trusted advisor, helping to influence and continuously improve the control environment. This role independently executes risk‑based audits, enhanced continuous monitoring engagements, and issue validation activities, exercising sound professional judgment to deliver independent and objective conclusions. The Senior Auditor serves as a functional liaison between the Line of Business and the Lines of Defense
Primary Responsibilities
Independently executing audit engagements end‑to‑end, including risk assessment, walkthroughs, process documentation, and testing of control design and operating effectiveness
Evaluating regulatory, operational, and governance controls across retail broker‑dealer and registered investment advisor activities
Building and documenting process flows, identifying control gaps, and developing well‑supported audit observations
Exercising professional judgment to assess risk severity, root cause, and potential impact, and clearly articulating conclusions to management
Partnering effectively with business and risk stakeholders to challenge existing practices, provide credible audit perspectives, and influence control enhancements
Contributing to enhanced continuous monitoring and issue validation activities to support sustained control effectiveness
Leveraging data analytics and AI‑enabled techniques to enhance audit coverage, efficiency, and insight, either through hands‑on analysis or effective use of enterprise analytics capabilities
Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Typically, more than five years of applicable experience
Preferred Skills/Experience
-Success in this role is demonstrated by the ability to deliver clear, concise, and actionable audit conclusions that improve management’s understanding of key risks, drive meaningful control enhancements, adhere to regulatory requirements and support the objectives of retail brokerage and advisory services
- 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
Location expectations
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 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: $92,820.00 - $109,200.00U.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.