Posted:
10/8/2025, 5:00:00 PM
Location(s):
Minneapolis, Minnesota, United States ⋅ Minnesota, United States
Experience Level(s):
Mid Level ⋅ Senior
Field(s):
Consulting
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
• Oversee monthly payroll activities for former employees, ensuring accuracy and timeliness while consulting with payroll and compensation leadership on various activities to evaluate and determine the best approach to nuanced situations.
• Maintain and reconcile records for stock options, dividends, and related transactions with an intentional focus on details and precision.
• Handle executive compensation entries and manage imputed income transactions.
• Process payroll adjustments for international employee taxation.
• Strengthen the payroll team’s risk control framework and ensure compliance including evaluating the current framework and making recommendations for continuous improvement and efficiency.
• Own, coordinate and update the payroll business continuity strategy with the broader payroll team, proposing and implementing changes to remedy potential gaps.
• Manage payroll funding operations, including direct deposit verification, check issuance, and bank reconciliation.
• Collaborate on team-wide initiatives and contribute to strategic payroll projects.
• Participate in continuous improvement efforts to ensure process and functional excellence.
Basic Qualifications
• Bachelor’s degree in a relevant field.
• 4–6 years of hands-on payroll experience.
Preferred Skills & Experience
• Advanced proficiency with Workday Payroll and report generation tools.
• Advanced skills in Microsoft Excel for data analysis and reporting.
• Functional knowledge of U.S. payroll tax regulations.
• Exceptional multitasking abilities with a track record of delivering results.
• Experience streamlining processes including identifying opportunities for efficiency and implementing changes focused on continuous improvement.
• Excellent interpersonal skills and a proactive approach to customer service.
• Dedication to confidentiality in handling sensitive compensation and benefits data.
• Ability to design, test, and implement new payroll procedures in Workday.
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 (some may vary based on role, location or hours):
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
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: $92,820.00 - $109,200.00U.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.
Website: https://www.usbank.com/
Headquarter Location: Minneapolis, Minnesota, United States
Employee Count: 10001+
Year Founded: 1863
Industries: Financial Services