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

Partners with SEC - registered investment adviser business personnel, other Risk/Compliance/Audit (RCA) professionals, and compliance managers to, review policies for adequacy and effectiveness. Create, maintain, and test required policies, controls, and procedures. Assist with risk assessments for compliance policies, controls, and procedures. Identify gaps and inform solutions that minimize impact resulting from an inadequate control environment, internal processes, or human errors. Identifies, responds, and/or escalates policy violations and exceptions as appropriate. Participates in various projects and/or activities that ensure compliance with applicable federal, state, and local laws and regulations. Serves as a functional liaison between the Line of Business and the Lines of Defense.

Basic Qualifications

• Bachelor’s degree, or equivalent work experience
• Typically more than five years of financial services experience, including 2 years of direct experience in compliance testing/consulting
• Background and experience with Investment Advisers Act of 1940 and the Investment Company Act of 1940

Preferred Skills/Experience

• Direct experience with SEC-registered investment adviser
• Advanced Understanding of registered investment advisers, registered investment companies, and associated risks/controls
• Advanced knowledge of applicable laws, regulations, and regulatory trends that impact registered investment advisers
• 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

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.

• 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 la