Compliance Quality Assurance Testing Lead Analyst
at US Bank National Association
Minneapolis, MN 55402, USA -
Start Date | Expiry Date | Salary | Posted On | Experience | Skills | Telecommute | Sponsor Visa |
---|---|---|---|---|---|---|---|
Immediate | 23 Sep, 2024 | USD 132440 Annual | 23 Jun, 2024 | 6 year(s) or above | Business Acumen,Presentations,Community Reinvestment Act,Analytical Skills,Databases,Flood,Financial Services,Word Processing,Spreadsheets,Regulations | No | No |
Required Visa Status:
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US Citizen | Student Visa |
H1B | CPT |
OPT | H4 Spouse of H1B |
GC Green Card |
Employment Type:
Full Time | Part Time |
Permanent | Independent - 1099 |
Contract – W2 | C2H Independent |
C2H W2 | Contract – Corp 2 Corp |
Contract to Hire – Corp 2 Corp |
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 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.
Responsibilities:
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 mentorshi
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
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 la
REQUIREMENT SUMMARY
Min:6.0Max:11.0 year(s)
Financial Services
Accounts / Finance / Tax / CS / Audit
Software Testing, Finance
Graduate
Proficient
1
Minneapolis, MN 55402, USA