Senior Audit Project Manager - Banking Products

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 primarily responsible for supervising staff in the completion of audit engagements with minimal supervision from managers, however there are no direct reports. The Audit Project Manager is expected to manage and monitor progress of audit engagements against plan and schedule, assess work performed by the audit engagement team, and provide coaching and on‑job training for team members to ensure engagements are completed in conformance with internal audit policies and procedures. Primary Responsibilities Supervising audit staff in the completion of audit engagements, ensuring the highest quality work delivered timely. Supervision includes: Assessing work performed by staff by providing coaching notes relevant to scope, accuracy and completeness. Performing sufficient reviews to ensure work contains relevant facts to support audit scope and conclusions and adheres to internal audit policies and procedures. Reviewing issues to ensure potential exposures and significance are included, root causes identified, and operationally effective, cost‑effective actions developed into appropriate recommendations. Completing planning for managers in planning audit engagements. Includes identifying and analyzing business processes, key risks and critical controls; interviewing auditees; determining audit scope; evaluating control design adequacy; and developing audit programs which provide sufficient guidance for testing control performance effectiveness and making evaluations that effectively achieve audit objectives. Assisting managers in reporting and wrap‑up phases of audits. Includes appropriate disposition of issues and drafting audit reports with issues. Managing and monitoring progress of audit engagements against plan and schedule. Includes making necessary adjustments and promptly completing work‑paper reviews on a timely basis to ensure all issues are identified and dispositioned prior to report draft issuance. Providing on‑job training for staff. Includes business knowledge of products, services, delivery systems; company policies and procedures; applicable laws and regulations; and formal/informal control frameworks. Collaborating across the three lines of defense regarding business processes, risks, and controls. Coordinating audit activities by integrating other internal audit subject matter teams (Information Technology, Anti‑Money Laundering, Compliance, Risk Management, Treasury, etc.) to ensure appropriate and efficient coverage of the business products, services and processes. Managing the team’s workload to assist other audit teams when resources are needed for areas of higher risk. Performing other duties as requested by management. Basic Qualifications Bachelor’s degree (preferably in Accounting, Finance, Management Information Systems). Typically more than 8 years of experience in internal auditing, public accounting or other relevant experience. Preferred Skills/Experience Excellent verbal and written communication skills. Strong critical thinking and analytical skills. Proven leadership skills. Proven adaptability to changing priorities. Ability to manage multiple tasks and deadlines simultaneously. Relevant Financial Service Industry knowledge (e.g., Credit, Models, Regulatory Compliance, Lending, Operations, Trust, Treasury, Merchant Acquiring, Credit Cards, etc.). Thorough understanding of Institute of Internal Auditors (IIA) Standards and the common definition of internal controls. CIA, CPA, CRCM, or other relevant professional designation or advanced degree. 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. Salary and Compensation 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. Pay Range: $119,765.00 - $140,900.00. Equal Opportunity Employment 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. #J-18808-Ljbffr U.S. Bank