Senior Audit Project Manager - Corporate Treasury

U.S. Bank • Minneapolis, MN

1d

About The Position

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One. Job Description U.S. Bancorp Corporate Audit Services (CAS) is seeking a strong candidate to join our growing team of audit professionals within the Capital, Liquidity, and Corporate Functions team. The Senior Audit Project Manager is primarily responsible for supervising staff in the completion of audit engagements with minimal supervision from managers, however there are no direct reports. You are a subject matter expert in a particular topic, helping to drive the audit strategy and influence the business line’s understanding of risk mitigation, and may support multiple complex and/or horizontal audit engagements covering related topics. The Senior Audit Project Manager is expected to handle complex tasks autonomously, execute and document complex testing, assess work performed by the audit engagement team, and provide coaching and on-the-job training for team members. The position requires a high level of engagement with auditors, senior management, and Independent Risk Management, as well as ongoing interaction with regulatory agencies.

Requirements

• Applicable professional certifications
• Bachelor's degree, or equivalent work experience
• 10+ years of applicable experience

Nice To Haves

• Advanced knowledge of financial services, regulatory reporting, regulatory trends and industry best practices at large financial institutions
• Advanced understanding of the business line’s operations, products/services, systems, and associated risks/controls
• Thorough knowledge of Risk/Compliance/Audit competencies
• Strong leadership and management skills of processes, projects and people
• Excellent presentation, interpersonal, written and verbal communication skills
• Strong analytical, problem-solving and negotiation skills

Responsibilities

• Performing and managing highly complex and technical areas includes liquidity reporting (FR-2052a, LCR, NSFR), CCAR reporting (FR Y 14 A/M/Q), and other required regulatory reporting (e.g. FR Y-15)
• Assisting in complex segments of multiple risk-based engagements across the Corporate Treasury auditable universe
• Acting as a subject matter leader for emerging risks, translating regulatory guidance, industry developments, and supervisory feedback into actionable audit coverage
• Supervising audit teams to ensure audits are completed timely, within budget, and meet CAS quality and documentation standards
• Partnering closely with Independent Risk Management, Compliance, and Business Line leadership to drive risk focused dialogue and influence sustainable control improvements
• 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
• Involvement in other projects, department initiatives and administrative audit activities

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
• Number of Employees: 5,001-10,000 employees