Credit Risk Fraud Analyst Jobs in Minnesota (NOW HIRING)

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 Corporate Audit Services (CAS) Audit Project Manager is a senior-level auditor responsible for leading and executing high-quality audit engagements covering U.S. Bancorp's credit risk management activities. This role is designed for an experienced internal auditor who brings deep proficiency in audit methodology and execution, along with substantial experience auditing credit-related areas within a large financial institution.
The Audit Project Manager supports the CAS Senior Audit Manager - Credit Risk in delivering independent assurance and advisory services to senior management and the Audit Committee. The role evaluates the effectiveness of governance, risk management, and internal controls across credit risk processes, including but not limited to credit monitoring, credit reporting, CECL, credit analytics, and credit review.
While this position has no direct reports, it carries significant responsibility for independently completing audit engagements with minimal supervision, providing technical leadership on credit risk audits, and ensuring work meets CAS quality standards and professional auditing requirements.
Primary Responsibilities

• Independently lead and execute audit engagements, or supervise audit staff when applicable, ensuring timely delivery of high-quality, well-supported audit results.
• Review and assess audit work to confirm accuracy, completeness, relevance, and adherence to internal audit policies, procedures, and IIA Standards.
• Evaluate audit issues to ensure appropriate identification of risk exposures, root causes, and practical, effective management action plans.
• Plan audit engagements by:
  
  • Understanding and documenting business processes
  • Identifying key risks and controls
  • Assessing control design and operating effectiveness
  • Developing audit programs that clearly support audit objectives
• Support audit reporting and wrap-up activities, including issue disposition and contribution to clear, concise, and well-supported audit reports.
• Monitor engagement progress against plan and schedule, proactively addressing risks to delivery and ensuring timely workpaper reviews.
• Provide on-the-job coaching and technical guidance to audit staff, with emphasis on audit execution quality and credit risk subject-matter application.
• Collaborate across the three lines of defense and with other CAS audit teams to ensure coordinated, risk-focused, and efficient audit coverage of credit-related activities.
• Perform other duties as assigned by management.

Basic Qualifications

• Bachelor's degree, or equivalent work experience
• Typically more than eight years of applicable experience

Preferred Skills and Experience

• Bachelor's degree or equivalent work experience.
• Approximately eight years of relevant experience, with a strong foundation in internal audit execution.
• Five or more years of large-bank internal audit experience, including significant coverage of credit risk-related audit areas, such as:
  
  • Credit review and loan review functions
  • Credit risk monitoring and reporting
  • CECL, credit loss forecasting, and credit analytics processes
  • Regulatory or supervisory credit-focused testing
• Experience may be gained through internal audit roles, regulatory agency examinations, or credit-focused audit work at a large public accounting or consulting firm.
• Strong understanding of banking regulations, safety-and-soundness expectations, and regulatory trends affecting credit risk management.
• Working knowledge of the IIA Practice Guide on Reliance on Other Assurance Providers.
• Thorough understanding of IIA Standards and internal control frameworks.
• Exceptional written and verbal communication skills.
• Demonstrated critical thinking, professional skepticism, and analytical judgment.
• Proven ability to manage multiple priorities and adapt to changing audit plans.
• CIA or other relevant professional certification, or advanced degree, strongly preferred.

*This role requires working from a U.S. Bank location three (3) or more days per week.
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:

• 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

Review our full benefits available by employment status here.
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. 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: $119,765.00 - $140,900.00
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.
Posting may be closed earlier due to high volume of applicants.