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U.S. Bank · 3 months ago

Audit Project Manager - Payment Services

Minneapolis, MN

Full-time

Onsite

Mid, Senior Level

$98K/yr - $116K/yr

6+ years exp

U.S. Bank is committed to helping customers and businesses make better financial decisions. The Audit Project Manager is responsible for planning and conducting audit engagements, supervising audit staff, and ensuring the quality of audit work, while collaborating with various internal teams.

BankingFinancial ServicesInsuranceMortgageWealth Management

Responsibilities

Supervising audit staff in the completion of audit engagements, ensuring the highest quality work delivered timely. Supervision includes:

Assessing work performed by staff by providing coaching notes that are relevant to the scope, accuracy, and completeness of work performed

Performing sufficient reviews to ensure work contains relevant facts to support audit scope and conclusions adhere to internal audit policies and procedures

Reviewing issues to ensure potential exposures and significance are included, root causes are identified, and operationally effective and cost-effective actions to address those causes are developed into appropriate recommendations

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 pepare reviews on a timely basis to ensure all issues are identified and dispositioned prior to report draft issuance

Providing on-the-job training for staff. Includes business knowledge of products, services, and delivery systems; company policies and procedures; applicable laws and regulations; and formal/informal control frameworks

Collaborating across the three lines of defense regarding business processes, risks, and controls. Coordinating audit activities by integrating other internal audit subject matter teams (Information Technology, Anti-Money Laundering, Compliance, Risk Management, Treasury, etc.) to ensure appropriate and efficient coverage of the business products, services and processes. Managing the team’s workload to assist aoother audit teams when resources are needed for areas of higher risk

Performing other duties as requested by management

Qualification

Audit Project ManagementRisk ManagementFinancial Services KnowledgeProcess FacilitationAnalytical SkillsInternal Audit StandardsProfessional CertificationsInterpersonal SkillsCommunication Skills

Required

Bachelor's degree, or equivalent work experience

Typically, more than six years of applicable experience

Preferred

Considerable knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business

Considerable understanding of the business line's operations, products/services, systems, and associated risks/controls

Considerable knowledge of Risk/Compliance/Audit competencies and ability to hold others accountable on individual projects

Advanced process facilitation, project management, and analytical skills for complex processes

Thorough understanding of Institute of Internal Auditors (IIA) Standards and the common definition of internal controls

Advanced Financial Service Industry knowledge (e.g., Credit, Models, Regulatory Compliance, Lending, Operations, Trust, Treasury, Merchant Acquiring, Credit Cards [consumer and corporate], etc.)

Business acumen and credibility to help business line(s) proactively identify and address changing workforce needs

Excellent presentation, interpersonal, written and verbal communication skills

Applicable professional certifications