U.S. Bank Armored Carrier Auditor - Cash & Physical in Billings, Montana

The Auditor is a key member of the Cash and Security Audit Team. The Auditor will assist with the planning, performing, and reporting of the armored carrier audits; and will support the Audit Manager and other Auditor(s) in executing audits in a team-based environment.

As an experienced member on the Cash and Security Audit Team, the Auditor is expected to successfully execute audit procedures including those in more complex audit areas as required. The Auditor will serve as an important point of contact during the audits. The Auditor assists in developing recommended audit plans, noting issues during execution of audit plans, and overseeing remediation plans as well as payment for any losses incurred by U.S. Bank, Elan.

Essential Functions

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Participate in projects and/or activities that ensure compliance with applicable federal, state and local laws and regulations

  • Identify gaps and provide solutions that minimize losses resulting from inadequate armored carrier processes, systems or human errors

  • Identify, respond and/or escalate risks as appropriate

  • Audit U.S. Bank, Elan managed inventories and the customer's facilities

  • Test and provide guidance to those being audited during the audit

  • Demonstrate an ability to effectively report, orally and in writing, exceptions to the armored carrier vault and armored carrier management and remediate audit findings

  • Explain/communicate monetary differences and audit findings to Cash Operations/Management, Elan West and Vendor Management/Vendor Support

  • Monitor exceptions and remediations as well as ensure all remediations are completed to U.S. Bank, Elan’s satisfaction

  • Demonstrate a clear understanding of the latest FinCEN guidance to armored carriers; money transmitter laws; Regulation E; USA PATRIOT Act; Anti-Money Laundering and Bank Secrecy Act requirements

  • Stay abreast of general business/economic developments and new pronouncements/standards, to gain an understanding of their links and impacts to the assigned risk areas

  • Understand and apply technical standards as applicable

Qualifications:

Basic Qualifications

  • Bachelor's degree, or equivalent work experience

  • Five to seven years of experience in an applicable risk management environment

  • Applicable professional certifications

Preferred Skills/Experience

  • Advanced knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business

  • Advanced understanding of the business line’s operations, products/services, systems, and associated risks/controls

  • Advanced knowledge of Risk/Compliance/Audit competencies

  • Strong process facilitation, project management, and analytical skills

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

  • Excellent written and verbal communication skills

  • Proficient computer skills, especially Microsoft Office applications

Job: Compliance / Quality Control

Primary Location: Minnesota-MN-Richfield

Shift: 1st - Daytime

Average Hours Per Week: 40

Requisition ID: 170026320

Other Locations: United States