Senior Auditor- Finance

Company: U.S. Bank
Location: Chicago
Posted on: March 20, 2023

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 The Corporate Audit Services Senior Auditor is primarily responsible for completing audit engagement assignments with minimal supervision from audit team management. The Senior Auditor is expected to understand risk and risk management techniques, identify, and analyze business processes, key risks, and critical controls, and evaluate control design adequacy; perform or supervise control testing; and document work performed in conformance with internal audit policies and procedures Primary Responsibilities
- Assisting the audit team management in planning audit engagements. Includes understanding risk and risk management techniques; identifying and analyzing business processes, key risks and critical 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 This role is hybrid. Team members who are in a hybrid role typically spend three days a week at a U.S. Bank location, while having flexibility on their work location for the other working days Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Typically, more than five years of applicable experience

Preferred Skills/Experience - Relevant Financial Service Industry knowledge (e.g., Financial Reporting, Accounting, Tax, SOX, M&A, Regulatory Compliance, Lending, Operations, Risk Management)- Thorough understanding of Institute of Internal Auditors (IIA) Standards and the common definition of internal controls
- CIA, CPA or other relevant professional designation or advanced degree
- Excellent verbal and written communication skills
- Strong critical thinking and analytical skills
- Ability to manage multiple tasks and deadlines simultaneouslyINDMO 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 . Learn howthe way we work at U.S. Bank drives meaningful relationships with our customers and collaboration across the company. 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 lawEEO is the LawU.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. Applicants can learn more about the company's status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS EEO poster. E-VerifyU.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, 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: $87,465.00 - $102,900.00 - $113,190.00 Our 74,000 employees work across departments to help our millions of retail, business, wealth management, payment, commercial and corporate, and investment services customers across the country and around the world turn their dreams into reality. Our employees are empowered to create change and drive our future, and we pride ourselves on diligently and ethically upholding U.S. Bank's best-in-class financial record and legacy of more than 150 years in banking. Most importantly, we put people first, cultivating and treasuring meaningful relationships with the customers we serve, the colleagues we support and the communities where we live and work.

Keywords: U.S. Bank, Chicago , Senior Auditor- Finance, Accounting, Auditing , Chicago, Illinois