Senior Audit Project Manager - Capital Markets
About The Position
The Senior Audit Project Manager within Corporate Audit Services (CAS) delivers independent assurance and advisory services to evaluate and improve U.S. Bancorp’s (USB) risk management, control, and governance processes across the enterprise, including affiliates and majority-owned entities. This role provides dedicated audit coverage for Capital Markets and institutional broker-dealer activities, partnering with risk, compliance, operations, and technology stakeholders to assess end-to-end processes and controls. U.S. Bank’s Capital Markets platform serves institutional and corporate clients through broker-dealer and related operating models spanning investment banking, institutional sales and trading, prime brokerage and outsourced trading, electronic/systematic trading, and research/corporate access. The platform operates across the U.S., U.K., Australia, Hong Kong, and Singapore.
Requirements
- Bachelor’s degree or advanced degree, or equivalent relevant work experience.
- Typically more than 8 years of experience in audit, risk management, compliance, or related financial services functions
Nice To Haves
- Strong audit experience covering trading-related activities, including institutional equities trading, electronic and systematic trading models, outsourced trading, prime brokerage, and capital markets products, with exposure to associated risk, compliance, and control frameworks across U.S., U.K., and Asia
- Subject matter expertise in multi-product capital markets and broker-dealer audit domain, including front-to-back business and operating models (sales and trading, risk and control functions, clearing and settlement), supporting technology platforms, and global operating structures
- Demonstrated ability to independently execute audit engagements and manage multiple complex priorities
- Strong knowledge of audit, risk, and compliance frameworks, including IIA Standards and internal control principles
- Advanced analytical, critical thinking, and problem-solving skills, with the ability to assess complex products, processes, and risks
- Strong business acumen and ability to build credibility with business line and control partners
- Excellent written and verbal communication skills, including the ability to effectively engage senior stakeholders
- Proven ability to manage and deliver complex initiatives (e.g., integrations, system changes, regulatory remediation)
- Professional certifications preferred (e.g., CIA, CPA, CISA)
Responsibilities
- Develop and maintain a risk-based audit plan for Capital Markets and broker-dealer activities, including identification of auditable entities, risk assessment, and audit cycle planning.
- Monitor emerging risks and adjust audit coverage accordingly.
- Contribute to audit universe maintenance and overall audit strategy.
- Independently plan, scope, and lead end-to-end audit engagements, including planning, fieldwork, issue identification, and reporting.
- Evaluate the design and operating effectiveness of controls across business processes, systems, and activities.
- Review audit workpapers to ensure quality, accuracy, and adherence to CAS policies and IIA Standards.
- Draft clear, concise audit reports that effectively communicate risks, issues, and recommendations.
- Build and maintain strong relationships with business line leadership, risk, compliance, and other assurance functions.
- Provide credible challenge on risk identification, control design, and control effectiveness.
- Communicate audit results, themes, and insights to senior management and governance forums.
- Partner across the three lines of defense to support coordinated and effective audit coverage.
- Supervise and coordinate engagement resources, including internal staff and co-sourced teams.
- Provide coaching, guidance, and performance feedback to audit staff.
- Support recruiting, onboarding, and professional development initiatives.
- Support cross-functional audits, enterprise initiatives, and special projects as needed.
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
- Incentive and recognition programs
- Equity stock purchase
- 401(k) contribution and pension
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What This Job Offers
Job Type
Full-time
Career Level
Senior
