Compliance Quality Assurance Lead Testing Analyst - Fiduciary Oversight and Testing

U.S. Bank

Minneapolis, MNFull-timePosted 1 day ago

Get more Compliance openings

A short daily email when similar roles appear in Minneapolis. No account needed.

 

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 Compliance Quality Assurance (CQA) Lead Analyst is responsible for the administration and execution of testing activities within the Independent Risk Review and Assessment (IRRA) second line organization. Key roles and responsibilities include: (i) partnering with WCIB Business Units (BUs) and other Risk, Compliance, and Audit Professionals to help create, implement, maintain, review, and oversee an effective risk management framework, (ii) completing projects and/or activities that confirm compliance with fiduciary/trust requirements and applicable federal, state and local laws and regulations, (iii) identifying control and process weaknesses through testing activities, (iv) partnering with BUs and Risk Management groups to recommend and influence solutions to mitigate compliance risks, and (v) effectively communicating testing results to the Manager, including well written draft reports, and for responding to and/or escalating significant risks as appropriate. While not a people manager, the Lead Analyst is responsible for providing oversight, coaching, feedback, etc. specific to the work completed by supporting Analysts.

Basic Qualifications

  • Bachelor's degree, or equivalent work experience

  • Typically, more than six years of applicable experience

Preferred Skills/Experience

  • Strong knowledge of fiduciary principles, trust administration, discretionary investment management, and applicable fiduciary laws and regulations.

  • Experience supporting or overseeing fiduciary and investment-related businesses, including Personal Trust, Institutional Trust, Corporate Trust, Asset Management, Registered Investment Adviser (RIA), or Fund Services activities.

  • Background in legal, compliance, risk management, internal audit, regulatory oversight, or fiduciary services within a financial institution.

  • Experience conducting risk assessments, audits, compliance reviews, testing, or regulatory examinations of fiduciary and investment advisory activities.

  • Ability to identify and evaluate fiduciary, regulatory, operational, and investment-related risks, controls, and governance practices.

  • Strong analytical, critical thinking, project management, and problem-solving skills.

  • Excellent written and verbal communication skills, with the ability to present complex regulatory and risk matters to senior leaders and stakeholders.

  • Juris Doctor (JD) and/or relevant professional certifications (trust, compliance, audit, risk management, or investment-related) 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: $105,400.00 - $124,000.00

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.

The average job posting receives 250 applications.

Stand out by tailoring your resume to this specific role. Our AI resume builder highlights the skills and experience that matter most to this employer.

Frequently asked questions

Who is hiring for Compliance Quality Assurance Lead Testing Analyst - Fiduciary Oversight and Testing at U.S. Bank?+
U.S. Bank is actively hiring for this Compliance Quality Assurance Lead Testing Analyst - Fiduciary Oversight and Testing role. Click "Apply Now" to submit your application directly on U.S. Bank's careers page — Careeronaut doesn't charge employers or candidates for referrals.
When was this Compliance Quality Assurance Lead Testing Analyst - Fiduciary Oversight and Testing role posted?+
This listing was first posted on 2026-08-05. We pull the latest copy from the source feed daily, and any role that's taken down gets removed from Careeronaut within seven days so you don't waste time on stale listings.
How should I apply to this Compliance Quality Assurance Lead Testing Analyst - Fiduciary Oversight and Testing role?+
Start by tailoring your resume to the posting — most applicants send generic CVs and the first filter recruiters use is keyword relevance. Careeronaut's AI does this automatically: paste the job description, get a matched resume in under a minute, and download as PDF or DOCX.
Where can I find more Compliance jobs in Minneapolis?+
Browse all open compliance roles in Minneapolis on the listing pages linked below. You can filter by salary, remote-friendly, and posting date.