Compliance Quality Assurance Testing Lead Analyst

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 Compliance Testing Lead Analyst is responsible for the execution of testing activities within the Independent Risk Review and Assessment (IRRA) second line organization. Key roles and responsibilities include working with Business Lines and other Risk, Compliance, and Audit Professionals to review and oversee an effective risk management framework. The Lead Analyst is responsible for test execution within projects and activities that confirm compliance with applicable federal, state, and local laws and regulations, and is responsible for the identification of control and process weaknesses through testing activities. When gaps are identified, the Lead Analyst works with Compliance Quality Assurance management to recommend and influence solutions to mitigate compliance risks. Further, the Lead Analyst is responsible for effective communication of testing results.

Core Lead Analyst responsibilities include:

Planning activities to assist in the development of review scope and objective

Developing test documents and compiling work papers that effectively document the completion of test steps

Completing testing to assess the design and effectiveness of control, as well as confirming compliance with regulatory requirements

Assisting in preparation of reports and issues that clearly communicate testing conclusions, including assisting with exception vetting and root case analysis

Provide day to day guidance and direction for Analysts assigned to a review, including coaching and mentorship

Basic Qualifications

Bachelor's degree, or equivalent work experience

Typically more than six years of applicable experience

Preferred Skills/Experience

Strong project management experience

Thorough knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business

Highly prefer strong knowledge of some of the following subject matter areas: Truth in Lending Act, Equal Credit Opportunity Act, Fair Credit Reporting Act, Fair Housing Act, Electronic Funds Transfer Act, Servicemember Civil Relief Act, Community Reinvestment Act, Funds Availability, Flood, Privacy

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

Thorough knowledge of Risk/Compliance/Audit competencies

Strong process facilitation, project management, and analytical skills

Must possess business acumen and credibility to help business line(s) proactively identify and address changing workforce needs

Excellent 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 - CRCM preferred

The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.

-Advanced knowledge of Microsoft office suites (Excel)

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 (https://careers.usbank.com/global/en/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. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS (https://eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12ScreenRdr.pdf) EEO poster.

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 (https://careers.usbank.com/verification-of-eligibility-for-employment) .

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: $102,340.00 - $120,400.00 - $132,440.00

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.