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, enabling the communities we support to grow and succeed in the right ways, all more confidently and more often—that’s what we call the courage to thrive. 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. Try new things, learn new skills and discover what you excel at—all from Day One.

As a wholly owned subsidiary of U.S. Bank, Elavon is committed to building the platforms and ecosystems that help over 1.5 million customers around the world to achieve their financial goals—no matter what they need. From transaction processing to customer service, to driving innovation and launching new products, we’re building a range of tailored payment solutions powered by the latest technology. As part of our team, you can explore what motivates and energizes your career goals: partnering with our customers, our communities, and each other.

We actively uphold transparent and fair hiring practices that support individual opportunity, inclusive culture, and career mobility across all levels of our organisation.

We offer meaningful opportunities for growth, a culture of inclusion, and a strong commitment to transparency and integrity in everything we do.

Job Description

The Corporate Audit Services (CAS) Senior Auditor Investment Services Europe is part of the broader CAS Europe team that provides IA services to the global USB Wealth, Corporate, Commercial and Institutional Banking (WCIB) and Payment’s business lines.

Global Fund Services (GFS) delivers fund administration, investor services, and regulatory reporting services to various alternative funds, including hedge funds, private equity, UCITS, ETFs, money market funds, real estate funds, and more. U.S. Bank Europe (USBE) - Depositary Services provide required oversight of alternative funds that are domiciled in Europe, including cash flow monitoring, safekeeping activities and asset verification. Corporate Trust Services provides specialized trustee and agency expertise to the debt capital and loan markets across the United States and Europe. There currently three main offices in Europe in Ireland, London and Luxembourg.

USBE supports Investment Services through required regulated functions, such as branch operations providing banking and deposit functionality (UK, Ireland, Luxembourg) the sponsoring of full depository and depositary services, and corporate functions support when necessary or required (finance, tax, legal, human resources).

Key accountabilities:

Senior Auditor will be assisting the audit team management in planning audit engagements. Includes understanding risk and risk management techniques; identifying and analyzing business processes, key risks and critical controls; interviewing auditees; and evaluating control design adequacy.
Performing or supervising staff auditors in the testing of controls based on audit program directions.
Includes using appropriate sampling and control testing techniques; identifying and assessing the relevancy of possible issues; and documenting work performed to support audit scope/conclusions, to facilitate an efficient review, and to meet internal audit policies and procedures.
Drafting audit issues under the supervision of the audit team management. Includes drafting potential exposures and significance, identifying appropriate root causes, and developing recommendations that are operationally effective and cost-effective actions to address those causes.
Assisting the audit team in the reporting and wrap-up phases of audits. Includes assisting with drafting audit reports.
Learning from and applying coaching received.
Performing other duties as requested by management.
This role will primarily focus on investment services business in Europe for Global Fund Services (GFS) and Corporate Trust and Custody.

Skills & experience required:

A bachelor’s degree or Honors (Level 8) degree from an accredited university preferably with a major in accounting or finance, or equivalent work experience.
Professional Certification as a Chartered or Certified Accountant or Certified Internal Auditor
Project Management Certification.
Five to seven years of applicable experience.
Experience with Asset Management, Fund Administration, Depositary and Custody, Global Corporate Trust.
Excellent verbal and written communication skills.
Strong critical thinking and analytical skills.
Ability to manage multiple tasks and deadlines simultaneously.
Proven adaptability to changing priorities.
Ability to build and continuously improve working relationships with internal audit peers, business line leaders, and partners (risk and compliance).
Ability to collaborate with key stakeholders.
Thorough understanding of Institute of Internal Auditors (IIA) Standards and the common definition of internal controls.
Thorough understanding of risk theory, control frameworks, applicable financial services industry trends, laws and regulations; and impact of government legislation and regulation on busine.

Additional information:

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.

This position is not eligible for visa sponsorship.

Accessibility

We are committed to providing an inclusive and accessible recruitment experience. If you need adjustments at any stage of the application or hiring process, please contact your recruiter for guidance and support.

Total Rewards

U.S. Bank is committed to fair, equitable, and transparent compensation practices in line with local regulatory and legal requirements. Our total rewards approach is designed to attract, retain, and support top talent while ensuring equal pay for work of equal value.

We offer a market-competitive compensation package that includes:

Clearly defined salary ranges aligned with industry benchmarks and internal equity standards.
Performance-based incentives for eligible employees (as defined by relevant plan rules), awarded through transparent, objective criteria that recognize both individual and company performance.
Inclusive equitable benefits that are accessible to all employees and focused around our 3 main pillars of financial wellbeing, health & wellness).
Continuous development opportunities including training, education support, and career progression pathways based on inclusive and transparent criteria.
Employee recognition programs that celebrate achievements and milestones for all.

We regularly review our compensation and benefits to ensure they remain competitive, inclusive, and responsive to employee needs and market trends. Further details of the compensation package will be provided upon application.

We encourage candidates to explore the full value of our offer, including monetary and non-monetary benefits, at Employee benefits and development | U.S. Bank | Elavon.

Closing Date

Posting may be closed earlier due to high volume of applicants.

We aim to provide timely updates throughout the process and encourage early applications to ensure consideration.

Senior Auditor

Benefits

Job Description