Senior Audit Manager - Professional Practices – Audit Planning and Methodology

USAA•San Antonio, TX

1d•Hybrid

About The Position

USAA's mission is to empower its members to achieve financial security through highly competitive products, exceptional service, and trusted advice, aiming to be the #1 choice for the military community and their families. This role manages audit engagements of varying complexity, often participating in cross-functional risk-based assurance and advisory engagements to drive audit quality. The Senior Audit Manager may serve as the Auditor-In-Charge (AIC), maintains knowledge of financial services regulations, and interacts effectively with regulators. Responsibilities include overseeing multiple audit engagements, reviewing planning, fieldwork, and reporting, managing strategic initiatives, and assisting in the development and implementation of a risk-based audit plan. The role also involves partnering with subject matter experts to analyze issues, build collaborative client relationships, and proactively assess risk and improve internal controls, adhering to the Institute of Internal Auditors' Standards and Code of Ethics. The position offers a flexible work environment requiring 4 days in the office per week and can be based in San Antonio, TX or Charlotte, NC. Relocation assistance is not available.

Requirements

Bachelor’s degree in business or relevant field such as Finance, Accounting, Business, or Information Technology. Four additional years of related experience beyond minimum required may be substituted in lieu of a degree.
8 years of audit, financial, insurance, banking, information technology or related business and/or leadership experience.
Experience performing internal audits, external audits, or applying audit, risk, or compliance acumen in a complex operational and regulatory environment.
Broad and comprehensive experience in Audit theory, internal audit principles with demonstrated experience in audit examining, analyzing, assessing, and drawing conclusions from audit work.
Demonstrated experience effectively communicating and challenging Controls with business partners and influencing business outcomes.
Understanding of risks and internal controls and the ability to evaluate and determine adequacy and efficiency of controls.
Experience in a support role, mentoring, and providing feedback to audit team members throughout the audit.
Experience in overseeing work with both internal and external partners in a highly collaborative environment.
Demonstrated critical thinking and knowledge of data analysis tools and techniques and decision-making abilities.
Demonstrated experience in highly dynamic environment undergoing change; ability to deal with competing priorities.

Nice To Haves

Demonstrated expertise in leading or supporting the annual risk-based audit planning process and ongoing audit plan change management and monitoring.
Proven experience in maintaining the audit universe to support comprehensive organizational audit coverage.
Advanced ability to work with, analyze, and interpret large and complex data sets.
Experience leading audit methodology enhancements and initiatives aligned with IIA Global Internal Audit Standards.
Extensive experience supporting audit operations within large, complex financial institutions.
Deep understanding of the regulatory guidance for financial services internal audit functions, with the ability to integrate regulatory considerations into planning, reporting, and ongoing audit operations.
US military experience through military service or a military spouse/domestic partner.

Responsibilities

Manage audit engagements, varying in complexity, and often participates in complex, cross-functional risk-based assurance and advisory engagements driving quality of audit work.
May lead engagements as Auditor-In-Charge (AIC).
Maintains knowledge of financial services regulations and effectively responds and interacts with regulators.
Provides oversight to multiple audit engagements and participates in review of engagement planning, fieldwork and reporting.
Manages strategic initiatives and assists with the development and implementation of a risk-based audit plan.
Serves, and/or partners with subject matter expert(s) within audit or the business to analyze issues, establish collaborative client relationships, and proactively work with client management to assess risk and improve internal controls.
Adheres to the Institute of Internal Auditors' International Standards for the Professional Practice of Internal Auditing (Standards) and Code of Ethics.
Influences business and clients across the enterprise regarding effective internal controls and mitigating risks across the full Enterprise taxonomy and challenges business management to adopt appropriate policies and procedures and effective controls designed to mitigate risks.
Manages audit engagement-related efforts and assignments of staff with varying degrees of expertise and experience when conducting engagements, specialized audits or business audits recognizing the cross-matrixing and cross-functionality within the specialized functions/business areas.
Independently prepares, reviews, and leads continuous monitoring and advisory activities, special reviews and investigations.
Ensures assigned audit engagements are completed objectively, professionally, timely and in accordance with corporate and industry audit standards.
Approves the engagement risk and control matrix and scope of the audit for final review and approval by Audit Leadership.
Proactively identifies control weaknesses and opportunities for improvement in the current operating environment providing recommendations for corrective action.
Drafts the related audit issues and audit reports for issuance to respective client leadership conducting follow-up activities.
Responsible for quality of audit reviews with final signoff of work papers; proposes and/or recommends updates to the universe risk assessment of the entity based on audit results.
Leads team activities and provides feedback to the team on audit activities related to planning and scoping, testing and sampling methodology and testing conclusions that demonstrate critical thinking ability.
Builds and enhances client relationships across the organization for areas of responsibility helping to drive strategic objectives with the business.
Communicates effectively with business/clients to include delivering both risk-based and difficult messages.
May be asked to communicate with regulators and executive leaders.
Provides recommendations on staffing assignments to audit leadership and guidance to staff members.
Provides coaching and guidance to other auditors ensuring timeliness and quality of audit engagement deliverables.
May deliver audit team end of engagement evaluations.
Provides input into the creation of the internal audit universe and audit entities risk profile.
Updates universe risk assessment information with current and applicable research and industry feedback.
Participates in development of the Audit annual plan for assigned areas of responsibility including proper assessment and coverage of risks and emerging risks and assists with execution of the annual plan.