Senior Audit Project Manager - Payment Services
About The Position
The Senior Audit Project Manager within U.S. Bank’s Corporate Audit Services (CAS) provides independent assurance and advisory services to evaluate and improve risk management, control, and governance processes across U.S. Bancorp, its affiliates, and majority-owned entities. The role is dedicated to Payment Services, which provides credit, debit, and prepaid card issuance as well as merchant authorization and settlement services in a dynamic, highly regulated environment. The position leads complex audit engagements focused on Payment Services, ensuring compliance with internal audit standards and regulatory requirements. It is responsible for risk assessment, audit project management, quality assurance, stakeholder collaboration, and delivery of high-quality audit results. The role requires working from a U.S. Bank location three or more days per week.
Requirements
- Bachelor’s degree or equivalent work experience.
- Typically more than 8 years of applicable experience.
- At least 3 years in project leadership roles.
- Strong knowledge of Payment Services industry risks, controls, and regulatory requirements.
- Excellent communication, analytical, and critical thinking skills.
- Ability to manage multiple priorities and adapt to changing business needs.
- Ability to build collaborative relationships across business lines and risk functions.
- Thorough understanding of IIA Standards and internal control frameworks.
- Ability to work from a U.S. Bank location three or more days per week.
Nice To Haves
- Advanced degree or professional certification such as CIA, CPA, or CISA.
- 8 or more years of audit or risk management experience.
Responsibilities
- Develop and maintain a risk-based Payment Services audit plan, identifying auditable entities, assessing risk, determining audit cycles, and estimating resource needs over a 12–18-month horizon.
- Monitor emerging risks and adjust audit plans as needed.
- Manage audit projects end to end, including planning, fieldwork, and reporting.
- Review auditors’ work for accuracy, relevance, and compliance with CAS policies and IIA Standards.
- Draft clear and concise audit reports communicating findings and recommendations.
- Build relationships with Payment Services leadership, risk management teams, and regulatory bodies.
- Collaborate across the three lines of defense to support comprehensive coverage of processes, risks, and controls.
- Guide, coach, and provide performance feedback to audit staff.
- Support recruiting, onboarding, and professional development initiatives.
- Prepare and review reports for senior management, committees, and regulators to ensure accuracy and completeness.
- Assist with cross-functional audit projects and special initiatives as needed.
Benefits
- Healthcare coverage, including medical, dental, and vision.
- 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 of 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
