U.S. Bank

Examination Principal

U.S. Bank • $133K — $156K *
Minneapolis, MN 55407In-Person
Finance & Insurance
8 - 10 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent experience
  • Over 10 years of relevant experience
  • Professional certifications required: FINRA SIE, Series 7, 24, and 63
  • Ability to obtain Series 53 and 79 within one year
  • Insurance-related licensure preferred

Responsibilities

  • Ensure regulatory adherence for the broker-dealer examination program
  • Collaborate with Chief Compliance Officer to align priorities and corrective actions
  • Review and approve risk-based examination schedules
  • Manage external regulatory engagements
  • Lead third-party system provider evaluations
  • Monitor regulatory trends impacting examination program
  • Draft reports for senior management and internal stakeholders
  • Oversee and train examination team members

Benefits

  • Comprehensive healthcare (medical, dental, vision)
  • Life insurance options
  • Short-term and long-term disability coverage
  • Parental leave and pregnancy disability benefits
  • 401(k) plan with employer contributions
  • Paid vacation ranging from two to five weeks
  • Up to 11 paid holidays per year
  • Adoption assistance programs
  • Sick and Safe Leave that accrues up to 80 hours annually
Full Job Description
Job Description

This Exam Principal role involves the management of a team of Investment and Insurance Compliance Examiners. It requires partnering with stakeholders across the Business Line and Compliance to create, implement, maintain, review, or oversee an effective risk management framework.  The Exam Principal participates in projects and/or activities that ensure compliance with applicable federal, state, and local laws and regulations. This role requires professional certifications - FINRA Securities Industry Essentials (SIE), Series 7, 24 and 63 or 63 registrations. Ability to obtain Series 53 and 79 within 365 days.

Position Responsibilities

  • Responsible for ensuring adherence to regulatory and internal requirements regarding broker-dealer examination program

  • Partner with Chief Compliance Officer and Business Line Supervision to ensure alignment on priorities, observations, corrective actions

  • Review and approve examination schedule, including timebound and risk-based engagements

  • Responsible for regulatory engagements; including but not limited to external examinations

  • Lead or partner with internal parties to evaluate and onboard third-party system providers

  • Track regulatory trends and participate in related discussions with impact to examination program

  • Draft reporting for internal parties, including Senior Management, Business Line, and Chief Compliance Officer

  • Provide oversight and coaching to examination team, including training, onboarding/offboarding, and licensing requirements necessary to execute program

  • Other projects, as assigned

Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Typically more than 10 years of applicable experience

Preferred Skills/Experience

  • Strong leadership and management skills of processes, projects and people

  • Effective written and verbal communication skills 

  • Strong analytical, problem-solving and negotiation skills

  • Prefer insurance related licensure

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

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

  • Considerable knowledge of risk, compliance, and audit competencies

  • Strong project management, project planning, time management, and coaching skills

  • Identify trends and patterns to determine if follow-up or escalation is required or additional process improvements are needed

  • Self-motivated to manage work independently and strong organizational skills to effectively prioritize throughout the day. Ability to build and maintain relationships with various individuals and areas throughout the firm.

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

  • Excellent presentation, interpersonal, written, and verbal communication skills

  • Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications and spreadsheets, databases, and presentations

  • Excellent people-management skills

  • This role will require the ability to travel up to 25%

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

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.

About U.S. Bank

U.S. Department of the Treasury is a government agency responsible for promoting economic prosperity and ensuring financial security. The department is responsible for a wide range of activities such as advising on economic and financial issues, encouraging sustainable economic growth, and fostering improved governance in financial institutions.

U.S. Bank Careers

Join the dynamic team at U.S. Bank, one of the nation's top banking institutions, where your career journey is as promising as the services we provide to our customers. At U.S. Bank, we are committed to fostering a culture of innovation, leadership, and diversity that is unmatched in the industry.

Explore Job Opportunities and Growth

At U.S. Bank, we offer a variety of job opportunities that cater to a range of skills and professional interests. Whether you are looking for a position in finance, technology, customer service, or management, U.S. Bank is hiring talented individuals who are eager to contribute to our mission and grow with us.

Internship Programs

Kickstart your career with U.S. Bank’s internship programs. These opportunities are designed for ambitious students who want to gain hands-on experience and develop essential skills in a real-world setting. Our internships provide a platform to engage with experienced professionals and explore potential career paths within the company.

Benefits and Employment Perks

Choosing a career at U.S. Bank means more than just employment. We offer comprehensive benefits designed to enhance your life and well-being. From health and wellness programs to retirement plans, we ensure our team members are supported both personally and professionally.

Our Commitment to Diversity and Inclusion

Diversity and inclusion are at the core of our values at U.S. Bank. We are dedicated to creating an environment where all employees feel valued and included. Our diversity training programs are part of our commitment to an inclusive workplace, where everyone can thrive.

Leadership and Professional Development

Leadership at U.S. Bank is about more than guiding teams – it's about inspiring them. We invest in leadership training and professional development programs that help our employees become the best in their fields. By fostering a culture of learning and growth, we prepare our team members to take on new challenges and leadership roles.

Networking and Innovation

Networking at U.S. Bank goes hand in hand with innovation. Our employees are encouraged to connect with colleagues and industry leaders through various networking events and professional groups. This collaborative environment fuels innovation and allows us to stay ahead in a competitive industry.

Join Our Team

Are you ready to take the next step in your career? Explore the open positions at U.S. Bank and find where your skills and passions align with our needs. Prepare your resume, sharpen your interview skills, and get ready to join a team where your career can flourish.

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Search U.S. Bank Jobs

Discover the exciting and rewarding career opportunities waiting for you at U.S. Bank. Search and apply for jobs that match your skills and interests. Join us and be part of a team that values growth, leadership, and innovation.

READ CAREERS BLOG

Stay ahead in your career with U.S. Bank – where your growth is our priority.
Learn more about U.S. Bank
Size
68,796 employees
Market Cap
$66.2 billion
Industry
Finance & Insurance
Net Income
$4.9 billion
5 Year Trend
+0.5%
NASDAQ
USB
* Ladders Estimates

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