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U.S. Bank Senior Enhanced Testing Analyst in Minneapolis, Minnesota

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 CBB Risk Strategy Enhanced Testing – Senior Enhanced Testing Analyst/Citizen Developer will lead projects and activities that ensure compliance with investor guidelines, internal policies and procedures, and other applicable federal, state and local laws and regulations, as assigned. Identifies gaps and informs solutions that minimize losses resulting from inadequate internal processes, systems or human errors. Identifies, responds and/or escalates risks as appropriate. Serves as a functional liaison between the Business Lines and Corporate.

Position Highlights

  • Perform high priority and targeted 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 automated test work papers and control automation solution design documents

  • Validate populations of desired activity for accuracy and completeness. Selects test samples based on investor guidelines and internal program defined methodology (documenting rationale for adequate coverage)

  • Ensure the resolution of previously identified issues is verified

  • Perform or lead validation reviews targeted to assess adequacy and sustainability of management corrective actions taken to resolve certain issues or perform historical account reviews (lookbacks), and where applicable, customer remediation

  • Conduct a lookback 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

  • Design automation of controls and/or BLQA testing to increase productivity and reduce errors for assigned business line(s)

  • Draft report for management review and distribution; compiling, analyzing, and documenting test workpapers which support reported results to key stakeholders

  • Prepare QA test work papers for management review

  • Other deliverables as assigned by management

Basic Qualifications

  • Bachelor's degree or equivalent work experience

  • Typically more than three years of applicable experience

Preferred Skills and Qualifications

  • Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications and word processing, spreadsheets, databases, and presentations, and automation tools such as SQL, ACL, SAS, Python (or other database languages), as well as Microsoft Power Automate /Flow development

  • Comprehensive understanding of consumer lending/mortgage product/services, business line operations, systems, and associated risks/controls

  • Thorough knowledge of Risk/Compliance/Audit competencies

  • Self-motivated, able to work in a group as well as independently

  • Strong critical thinking and analytical skills

  • Ability to manage multiple tasks and deadlines simultaneously

  • Proven adaptability to changing priorities

  • Demonstrate flexibility and adaptability as project priorities/requirements evolve or change

  • ·Ability to identify and clearly communicate and document issues, root cause, exposure and recommendations

  • Must possess business acumen and credibility to help business line(s) proactively identify and address changing workforce needs

  • Intermediate level of presentation (verbal/written) and relationship building skills

  • Demonstrates strong technical knowledge in financial systems, audit tools, and other products (include but not limited to: DocVelocity, LDRS, MIR, ACAPS, NetO, Hogan, etc.)

  • Has or is willing to pursue applicable professional certifications (e.g., C.I.A., C.B.A., C.F.A., C.F.S.A., C.P.A, M.B.A., and/or J.D.)

Hybrid/flexible schedule

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.

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 (https://careers.usbank.com/global/en/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

EEO is the Law

U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS (https://eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12ScreenRdr.pdf) EEO poster.

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 (https://careers.usbank.com/verification-of-eligibility-for-employment) .

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $79,135.00 - $93,100.00 - $102,410.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date.

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