Audit Project Manager

U.S. Bank • Minneapolis, MN

10d • $105,400 - $124,000 • Hybrid

About The Position

Partners with their assigned Line of Business, other Risk/Compliance/Audit (RCA) professionals, and RCA Managers to, depending on their function, create, implement, maintain, review or oversee an effective risk management framework. Participates in projects and/or activities that ensure compliance with applicable federal, state, and local laws and regulations. Identifies gaps and inform solutions that minimize losses resulting from inadequate internal processes, systems or human errors. Identifies, responds and/or escalates risks as appropriate. Serves as a functional liaison between the Line of Business and the Lines of Defense.

Requirements

• Bachelor's degree, or equivalent work experience
• Typically, more than six years of applicable experience

Nice To Haves

• Relevant Financial Service Industry knowledge (e.g., Accounting, Financial Reporting, Tax, SOX, M&A, Lending, Regulatory Compliance, Operations, Risk Management, etc.).
• Bachelor's Degree preferably in accounting or finance
• Experience in auditing risks and controls within Financial Services (e.g. Accounting, Tax, Financial Reporting, SOX, M&A, etc.)
• Seven or more years of experience in internal auditing, public accounting or other relevant 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.
• Thorough understanding of Institute of Internal Auditors (IIA) Standards and the common definition of internal controls.
• CIA, CPA or other relevant professional designation or advanced degree.

Responsibilities

• Supervising audit staff in the completion of audit engagements, ensuring the highest quality work delivered timely.
• Assessing work performed by staff by providing coaching notes that are relevant to the scope, accuracy and completeness of work performed.
• Performing sufficient reviews to ensure work contains relevant facts to support audit scope and conclusions and adhere to internal audit policies and procedures.
• Reviewing issues to ensure potential exposures and significance are included, root causes are identified, and operationally effective and cost-effective actions to address those causes are developed into appropriate recommendations.
• Completing or assisting 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 which effectively achieve audit objectives.
• Assisting the managers in reporting and wrap-up phases of audits. Includes appropriate disposition of issues and drafting audit reports which include issues.
• 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-the-job training for staff. Includes business knowledge of products, services, and 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.

Benefits

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level