Risk Management Quality Assurance Analyst - Consumer & Business Banking

Job Title

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 atall from Day One.

Job Description

The Consumer And Business Banking (CBB) Risk Management Quality Assurance Analyst will create, implement, maintain, and review test programs to oversee an effective risk framework. The Analyst tests activities that ensure compliance with internal policies and procedures, applicable federal, state, and local laws and regulations, and investor guidelines, as assigned. The Analyst identifies gaps and informs solutions that minimize losses resulting from inadequate internal processes, systems, or human errors. The Analyst identifies, responds and/or escalates risks as appropriate to management.

Responsibilities

• Perform QA tests, analyze evidence of transaction handling or control performance against defined policies, guidelines, or laws
• Lead or perform process inquiries, walkthroughs, and procedure review to support the development/design of QA test work papers
• Validate populations of desired activity for accuracy and completeness. Select test samples based on investor guidelines and internal program defined methodology (documenting rationale for adequate coverage).
• Ensure the resolution of previously identified issues are verified
• Perform validation reviews targeted to assess adequacy and sustainability of management corrective actions taken to resolve certain issues or perform historical account reviews (look backs), and where applicable, customer remuneration
• Conduct a look back to review historical transactions to determine the extent of the impact of a control breakdown
• Lead test result discussions with business line management and risk partners related to identified exceptions/issues, criteria used to define expected results, root cause assessment, exposure assessment, and actions needed/recommended
• Draft reports for management review and distribution; compiling, analyzing, and documenting test work papers which support reported results to key stakeholders
• Prepare QA test work papers for management review
• Present process improvement proposals to reduce risk of control failure and/or drive process efficiencies
• Other deliverables as assigned by management

Required

• 3+ years of applicable experience
• Bachelor's degree, or equivalent work experience

This position 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.

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 .

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

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

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 .

The salary range reflects figures based on the primary location, which is listed first. T