Audit Project Manager - Payment Services
About The Position
The Audit Project Manager (APM) in U.S. Bank’s Payment Services division works within Corporate Audit Services to lead audit staff on a project-by-project basis. The role supervises audit engagement work with minimal management supervision, monitors engagements against plan and schedule, assesses work quality, and provides coaching and on-the-job training. The APM ensures engagements conform to internal audit policies and procedures and supports coverage of Payment Services, including card issuance and merchant authorization and settlement services, in a dynamic, highly regulated environment. The APM contributes to audit planning, execution, reporting, and wrap-up. This includes analyzing business processes, risks, and controls; establishing scope and audit programs; reviewing work papers and issues; and helping prepare audit reports. The role collaborates with business partners and other audit subject matter teams across the three lines of defense to coordinate appropriate and efficient coverage and help allocate team workload.
Requirements
- Bachelor’s degree or equivalent work experience.
- Seven to ten years of applicable experience.
- Strong process facilitation, project management, and analytical skills.
- Business acumen and credibility to help business lines proactively identify and address changing workforce needs.
- Excellent presentation, interpersonal, written, and verbal communication skills.
- Proficient computer navigation skills using software packages, including Microsoft Office applications and word processing, spreadsheets, databases, and presentations.
Nice To Haves
- Relevant knowledge of the large financial services industry, including payment processes, products and services such as credit cards and merchant processing, and associated systems, risks, and controls.
- Considerable knowledge of applicable laws, regulations, financial services, and regulatory trends affecting the assigned line of business.
- Considerable understanding of the business line’s operations, products and services, systems, risks, and controls.
- Considerable knowledge of Risk, Compliance, and Audit competencies.
- Proficiency with data analytics tools such as AQL, Tableau, SAS, or other tools.
- Applicable professional certifications.
Responsibilities
- Supervise audit staff to ensure engagements are completed on time and at a high level of quality.
- Assess staff work and provide coaching notes on its scope, accuracy, and completeness.
- Review work to ensure facts support audit scope and conclusions and that internal audit policies and procedures are followed.
- Review audit issues to ensure exposures and significance are addressed, root causes are identified, and effective, cost-conscious recommendations are developed.
- Complete or assist managers with audit 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 plans and schedules, make adjustments as needed, and complete work-paper reviews promptly so issues are identified and dispositioned before report drafts are issued.
- Provide staff with on-the-job training in business products, services and delivery systems; company policies and procedures; applicable laws and regulations; and control frameworks.
- Collaborate across the three lines of defense on business processes, risks, and controls.
- Coordinate audit activities with internal audit subject matter teams, including Information Technology, Anti-Money Laundering, Compliance, Risk Management, and Treasury.
- Manage team workload and assist other audit teams when resources are needed for higher-risk areas.
- Perform other duties as requested by management.
Benefits
- Medical, dental, and vision healthcare coverage.
- 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, 401(k) contribution, and pension, subject to eligibility requirements.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Senior
