Audit Project Manager

US Bank • Minneapolis, MN

51d • Hybrid

About The Position

The Audit Project Manager is responsible for completing all phases of assigned audits in accordance with Corporate Audit Services (CAS) Policies and Procedures with minimal supervision. This Audit Project Manager will be responsible for the above activities mostly as it relates to U.S. Bank Europe (USBE) Designated Activity Company, which is an Irish credit institution subsidiary of U.S. Bank. USBE is headquartered in Cherrywood and has operations in the following European jurisdictions: Ireland, United Kingdom, Norway, Luxembourg, Spain, Germany, and Poland.

Requirements

• Bachelor's degree, or equivalent work experience
• Typically more than six years of applicable experience
• Knowledge in auditing, reporting and analysis
• Well-developed ability to identify and resolve exceptions and to analyse data
• Thorough knowledge of all applicable European regulations, in particular, prudential regulation relating to areas including Capital and Liquidity Planning, Recovery Planning, Operational Risk, Credit Risk, Human Resources, Information Technology, Information Security, Wealth Management, GDPR and Data Analytics.
• Excellent verbal and written communication skills
• Ability to manage multiple tasks/projects and deadlines simultaneously
• Understanding of international operations and risk associated with an international company
• Demonstrated ability to lead an audit team
• The candidate should have unquestionable integrity, objectivity and probing inquisitiveness with ability to manage multiple tasks in a fast-paced environment.
• Ability to analyze complex data sets and extract information critical to identifying and communicating the inherent and residual risk to the business line.
• Excellent persuasive communication and negotiation skills to effectively interact with staff and senior management during the presentation of audit findings and recommendations.
• The candidate should possess proficient business knowledge of their assigned area of responsibility.
• The candidate should possess audit expertise with respect to: inherent and residual risks and the identification thereof; internal controls and the design of control environments including assessments thereof; control performance effectiveness testing including interpretation of results; sampling techniques including documentation of sampling rationale; and internal audit standards and techniques.

Nice To Haves

• A Bachelor's Degree or Honours (Level 8) degree from an accredited university preferably with a major in accounting or finance, or equivalent work experience.
• A minimum of seven years progressive experience in public accounting or internal audit.
• Professional Certification as a Chartered or Certified Accountant or Certified Internal Auditor
• Project Management Certification
• Relevant Payment Services/Credit Card industry knowledge including merchant acquiring

Responsibilities

• The Audit Project Manager assists the Audit Manager with audit planning requirements which includes the Audit Planning Analysis document.
• Completes and/or supervises completion of Risk and Control Design Assessments.
• Completes and/or Supervises Control Effectiveness Testing. Ensures all test procedures met the test objective for the areas in scope for the audit.
• Performs the first level of review of all workpaper documentation for accuracy and completeness for compliance with CAS Policies and Procedures.
• Supervises Staff and Senior Auditors and provides training as necessary. Additionally, performs all quarterly performance assessments for all staff and senior auditors.
• Identifies potential issues and assists the Audit Manager with presentation of the issues to the business line.
• The Audit Project Manager assists the Audit Manager with the summarization phase of assigned audits which includes the draft of the audit report and finalization of the audit workpapers and issue documents.
• Coordinates efforts between external providers for assistance in audits as well as coordinates workpaper review by external auditors.
• Performs other duties as requested by CAS 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
• Industry: Credit Intermediation and Related Activities
• Number of Employees: 5,001-10,000 employees