Audit Project Manager
About The Position
The Audit Project Manager partners with assigned Lines of Business, other Risk/Compliance/Audit (RCA) professionals, and RCA Managers to support an effective risk management framework. The role participates in activities that ensure compliance with applicable laws and regulations, identifies gaps and solutions to reduce losses from inadequate processes, systems, or human error, and responds to or escalates risks. It serves as a functional liaison between the Line of Business and the Lines of Defense. The position supervises audit staff and audit engagements, supports audit planning and reporting, monitors engagement progress, and provides staff training. It collaborates across the three lines of defense and coordinates with internal audit subject matter teams to support appropriate and efficient coverage. The role requires working from a U.S. Bank location three or more days per week. Locations listed are Chicago, Illinois; Minneapolis, Minnesota; Charlotte, North Carolina; and Irving, Texas.
Requirements
- Bachelor's degree or equivalent work experience.
- Typically, more than six years of applicable experience.
- Ability to work from a U.S. Bank location three or more days per week.
- Excellent verbal and written communication skills.
- Strong critical-thinking and analytical skills.
- Proven leadership skills.
- Adaptability to changing priorities.
- Ability to manage multiple tasks and deadlines simultaneously.
Nice To Haves
- Relevant financial services industry knowledge, such as accounting, financial reporting, tax, SOX, M&A, lending, regulatory compliance, operations, or risk management.
- Bachelor's degree preferably in accounting or finance.
- Experience auditing risks and controls within financial services, such as accounting, tax, financial reporting, SOX, or M&A.
- Seven or more years of experience in internal auditing, public accounting, or other relevant experience.
- Thorough understanding of Institute of Internal Auditors (IIA) Standards and the common definition of internal controls.
- CIA, CPA, another relevant professional designation, or an advanced degree.
Responsibilities
- Supervise audit staff and ensure audit engagements produce timely, high-quality work.
- Assess staff work and provide coaching notes on its scope, accuracy, and completeness.
- Review work to ensure relevant facts support the audit scope and conclusions and that internal audit policies and procedures are followed.
- Review issues to ensure potential exposures and significance are included, root causes are identified, and operationally effective and cost-effective corrective recommendations are developed.
- Complete or assist managers with audit engagement planning, including analyzing business processes, risks, and controls; interviewing auditees; determining scope; evaluating control design; and developing audit programs.
- Assist managers with audit reporting and wrap-up, including issue disposition and drafting audit reports.
- Monitor audit engagements against plan and schedule, adjust as needed, and complete work-paper reviews promptly so issues are identified and dispositioned before report drafts are issued.
- Provide on-the-job training to staff.
- Apply knowledge of products, services, delivery systems, company policies and procedures, applicable laws and regulations, and control frameworks.
- Collaborate across the three lines of defense regarding business processes, risks, and controls.
- Coordinate audit activities with subject matter teams, including Information Technology, Anti-Money Laundering, Compliance, Risk Management, and Treasury, to ensure appropriate and efficient coverage.
- Manage team workload and assist other audit teams when resources are needed for higher-risk areas.
- Perform other duties as requested by management.
Benefits
- Healthcare coverage, including medical, dental, and vision.
- Basic term and optional term life insurance.
- Short-term and long-term disability coverage.
- 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 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
- Incentive and recognition programs.
- Equity stock purchase plan.
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What This Job Offers
Job Type
Full-time
Career Level
Manager
