Compliance Quality Assurance Lead Testing Analyst - Fiduciary Oversight and Testing

U.S. Bancorp
Minneapolis, Cincinnati, Charlotte
Workplace: OnsiteFull timeUSD 105,400 - 124,000 annuallyFunction: QA, Test & Release EngineeringExperience: 6+ yearsEducation: bachelorsSkills: ["Analytical","Critical thinking","Project management","Problem-solving","Written communication","Verbal communication"]

Lead compliance testing for U.S. Bank’s fiduciary/trust programs within the Independent Risk Review and Assessment (IRRA) second line organization. Partner with business units and risk, compliance, and audit professionals to help maintain an effective risk management framework, complete compliance testing projects, identify control weaknesses, and recommend mitigations. Communicate testing results through clear draft reports, and oversee/coaching support for analysts supporting the work.

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FursaFursa
U.S. Bancorp
U.S. Bancorp
1 day ago

Compliance Quality Assurance Lead Testing Analyst - Fiduciary Oversight and Testing

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Source: Company careers pageValidated by: Fursa AI
Last checked: 5 hours agoStatus: Live

Job Summary

Lead compliance testing for U.S. Bank’s fiduciary/trust programs within the Independent Risk Review and Assessment (IRRA) second line organization. Partner with business units and risk, compliance, and audit professionals to help maintain an effective risk management framework, complete compliance testing projects, identify control weaknesses, and recommend mitigations. Communicate testing results through clear draft reports, and oversee/coaching support for analysts supporting the work.
Location: Minneapolis, Cincinnati, Charlotte
Workplace: Onsite
Employment Type: Full time
Job Function: QA, Test & Release Engineering
Seniority: Mid level

Key Responsibilities

  • •Administer and execute compliance testing activities within the IRRA second line organization.
  • •Partner with business units and other risk, compliance, and audit professionals to create, implement, maintain, review, and oversee an effective risk management framework.
  • •Complete projects/activities that confirm compliance with fiduciary/trust requirements and applicable laws and regulations.
  • •Identify control and process weaknesses through testing and recommend solutions to mitigate compliance risks.
  • •Communicate testing results via well-written draft reports and respond/escalate significant risks as appropriate, providing oversight/coaching for supporting analysts.

Pay and Benefits

Salary: USD 105,400 - 124,000 annually
Perks:Health InsuranceDentalVisionLife Insurance401kPaid LeaveRetirementPaid HolidaysParental LeaveDisability Insurance

Key Requirements

  • •Bachelor's degree, or equivalent work experience.
  • •Typically more than six years of applicable experience.
  • •Strong knowledge of fiduciary principles, trust administration, discretionary investment management, and applicable fiduciary laws and regulations.
  • •Experience conducting risk assessments, audits, compliance reviews, testing, or regulatory examinations of fiduciary and investment advisory activities.
  • •Strong written and verbal communication skills to present complex regulatory and risk matters to senior leaders and stakeholders.
Experience:6+ yearsFinancial servicesFiduciaryTrust administrationInvestment managementComplianceRisk managementInternal auditRegulatory oversight
Education:Bachelor's
Skills:AnalyticalCritical thinkingProject managementProblem-solvingWritten communicationVerbal communication

Company Brief

U.S. Bancorp
U.S. Bancorp is the parent company of U.S. Bank, providing consumer, business, and institutional banking services including lending, payments, treasury management, wealth management, and merchant solutions across the United States.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Minneapolis, United States
Founded: 1863
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