Internal Control Analyst

Job Description: Internal Control Analyst:

Works in partnership with the designated Line of Business, along with professionals in Risk, Compliance, and Audit, and RCA Managers to design, implement, maintain, evaluate, or oversee an effective risk management framework. Participates in initiatives that ensure compliance with applicable federal, state, and local laws and regulations. Identifies control gaps and recommends solutions to mitigate losses caused by ineffective internal processes, systems, or human error. Identifies, responds to, and escalates risks as appropriate, serving as a liaison between the Line of Business and the Lines of Defense.

Benefits:

• Comprehensive healthcare coverage including medical, dental, and vision care.
• Basic term life insurance with optional term life coverage.
• Short-term and long-term disability benefits providing financial support in the event of a disability.
• Pregnancy-related disability coverage and parental leave benefits.
• Employer matching contributions to a 401(k) retirement plan.
• Paid vacation ranging from two to five weeks based on salary level and tenure.
• Access to up to 11 paid holidays.
• Adoption assistance programs.
• Sick and Safe Leave accrued at one hour for every 30 hours worked, up to a maximum of 80 hours per year unless otherwise required by law.

Primary Responsibilities:

• Support audit leadership in planning audit engagements, including understanding risks, control strategies, business operations, key risk areas, and critical control frameworks.
• Guide staff auditors in performing control testing in accordance with audit program requirements, including the use of appropriate sampling and testing methodologies.
• Evaluate significant issues and document completed work to support audit conclusions and compliance with internal audit standards.
• Partner with audit management to define audit issues, including risk identification, impact assessment, root cause analysis, and development of cost-effective recommendations.
• Assist in the preparation of clear and comprehensive audit reports at the completion of audit engagements.
• Apply coaching feedback to strengthen professional skills and performance.
• Perform additional duties as assigned by management.

Basic Qualifications:

• Bachelor’s degree or equivalent relevant work experience.
• More than five years of relevant professional experience.

Preferred Skills/Experience:

• Strong knowledge of financial services, including financial reporting, accounting standards, taxation, SOX requirements, regulatory compliance, and risk assessment.
• In-depth understanding of the Global Standards for the Professional Practice of Internal Auditing.
• CIA, CPA, or other relevant professional certification, or an advanced degree.
• Excellent verbal and written communication skills.
• Strong critical thinking and analytical capabilities.
• Ability to manage multiple tasks and meet varying deadlines simultaneously.

Work Schedule:

This position follows a hybrid work schedule requiring in-office presence for a minimum of three days per week, with remote work available on remaining days.

E-Verify Participation:

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program at all U.S. locations and select U.S. territories. E-Verify is an internet-based system operated by U.S. Citizenship and Immigration Services to verify employment eligibility.

Compensation:

The stated salary range is based on the primary job location and may vary depending on the role’s location. U.S. Bank offers a comprehensive benefits package that includes incentive and recognition programs, employee stock purchase options, 401(k) contributions, and pension benefits, subject to eligibility requirements.

Equal Employment Opportunity:

U.S. Bank is an equal opportunity employer and considers all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability, veteran status, or any other status protected under applicable law.

Apply Now