Senior Audit Manager - Corporate Functions

About the position

The Corporate Audit Services (CAS) Senior Audit Manager - Corporate Function - Other is a management position that supports the Corporate Functions, Regulatory Reporting, and SOX Administration Audit Director. This role supports the Audit Director and Senior Audit Director, in providing the Audit Committee and senior management with independent assurance and advisory services designed to evaluate and improve the effectiveness of risk management, control, and governance processes of U.S. Bancorp (USB), affiliates, wholly owned subsidiaries and entities where USB owns a majority (controlling) interest. This role is responsible for overseeing the audit team responsible for auditing various areas within Strategy and Corporate Affairs. Specific areas of audit responsibility include M&A, DEI, Marketing and Analytics, and Corporate Real Estate, etc.

Responsibilities

• Coordinating with the Audit Director/Senior Audit Director in developing and driving the execution and coordination of the risk-based Annual Audit Plan for Strategy and Corporate Affairs.
• Lead a team of audit professionals and is expected to recruit, hire, and develop assigned personnel in accordance with U.S. Bank Human Resources Policies and Corporate Audit Services Policies, Standards and Guidelines.
• Supervise audit professionals in the completion of audit engagements, ensuring the highest quality of work is delivered timely.
• Supporting the Audit Director/Senior Audit Director by creating and ensuring board, committee and other stakeholder reporting for completeness, consistency with other internal audit material and accuracy of the most up-to-date information.
• Overseeing ongoing progress and remediation by management for all outstanding operations issues across the entire enterprise.
• Develop and deepen relationships through regular interactions with key internal and external stakeholders.
• Collaborating across the three lines of defense regarding business processes, risks, and controls.
• Drive automation and data analytics opportunities within their portfolio.
• Performing other duties as requested by Audit Director/Senior Audit Director.

Requirements

• Bachelor's degree, or equivalent work experience
• Typically more than 10 years of applicable experience

Nice-to-haves

• Three years leadership experience and strong leadership and management skills of processes, projects and people
• Ten years of audit, risk or compliance experience
• Advanced knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business
• Advanced understanding of the business line's operations, products/services, systems, and associated risks/controls
• Thorough knowledge of Risk/Compliance/Audit competencies
• Effective written and verbal communication skills
• Strong analytical, problem-solving and negotiation skills
• Proficient computer skills, especially Microsoft Office applications
• Relevant Financial Service Industry knowledge and understanding of Safety and Soundness expectations for large commercial banks
• Thorough understanding of Institute of Internal Auditors (IIA) Standards and the common definition of internal controls.
• CIA, CPA, CRC, or other relevant professional designation or advanced degree.

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