IS Governance Risk & Compliance Lead

at  US Bank National Association

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

U.S. Bank is seeking a highly skilled IS Governance Risk & Compliance Lead specializing in Federal Audits and Vendor Compliance to drive our audit initiatives, ensuring full compliance with applicable federal regulations and internal risk management standards. As the lead auditor, you will be the primary liaison for federal audit requests from Bureau of Fiscal Service, overseeing audits of technology operations and ensuring the compliance of third-party vendors.
This role will require managing audits conducted by federal entities such as the Government Accountability Office (GAO) and developing a robust vendor audit process that ensures third-party service providers meet all regulatory and compliance standards. Your expertise in regulatory compliance and vendor audits will be critical to maintaining the bank’s risk management frameworks. Communication and coordination with third party vendors will be vital.

BASIC QUALIFICATIONS

• U.S. Citizenship (required for compliance with federal security standards).
• Bachelor’s degree in a related field, or equivalent work experience.
• 10+ years of experience in regulatory compliance, audit, or risk management, with at least 5 years of federal audit experience including GAO or other federal entity audits.
• Experience managing or conducting vendor audits in a highly regulated industry.

PREFERRED SKILLS/EXPERIENCE

• In-depth knowledge of federal auditing standards and prior experience working with Bureau of Fiscal Service or other federal financial entities.
• Expertise in managing GAO audits, including the preparation and presentation of findings to various stakeholders.
• Strong understanding of vendor risk management and compliance processes, particularly in auditing third-party vendors.
• Exceptional project management skills, with a proven track record in leading complex audits and compliance initiatives across multiple organizations.
• Excellent communication skills, with the ability to effectively convey complex audit findings to both technical and non-technical audiences.
• Professional certifications such as Certified Internal Auditor (CIA), Certified Regulatory Compliance Manager (CRCM), or Certified Information Systems Auditor (CISA) are highly desirable.
• Leadership & Management: As the Senior Lead Auditor, you will mentor and guide junior audit staff, ensuring the effective management of audit timelines and processes.
• You will be the primary point of contact between U.S. Bank, federal regulators, and external audit bodies, ensuring smooth, efficient, and compliant audit processes.
• Knowledge of Federal security frameworks, including FedRAMP High, FISMA boundaries, Federal Information Processing Standards (FIPS), and National Institute of Standards and Technology’s (NIST) standards.

KEY RESPONSIBILITIES

• Lead and manage federal audits, particularly those conducted by the GAO, and serve as the main point of contact for audit requests from Bureau of Fiscal Service.
• Oversee and conduct vendor audits to ensure third-party vendors adhere to U.S. Bank’s risk management and regulatory requirements.
• Collaborate closely with Risk, Compliance, and Audit teams to develop and maintain risk management frameworks aligned with federal guidelines and vendor management standards.
• Identify and address gaps in internal processes, systems, and vendor controls, recommending and implementing corrective actions.
• Assist in managing vendor invoicing and financial tracking, ensuring vendor costs align with contractual agreements and bank policies.
• Serve as the liaison between U.S. Bank and federal agencies, ensuring clear communication and full compliance with audit requirements.
• Prepare and present comprehensive audit findings that are clear, actionable, and tailored to both technical and non-technical audiences.
• Ensure compliance with applicable federal, state, and local regulations across U.S. Bank’s operations and vendor relationships.

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