At U.S. Bank, were passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, we're one of the countrys most respected, innovative and successful financial institutions. U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.
The Corporate Audit Services Senior Audit Manager supports the assessment of the Companys risk and control environments within the auditable entities, determine appropriate audit cycles, maintain an effective continuous monitoring program, and make necessary adjustments to the audit plan.
This role will specifically be part of the Technology Services (Chief Information Officer - CIO) Audit team and will be responsible for overseeing system related coverages embedded within the business integrated audits across the enterprise products and services (eg, application functionality testing, application development, change management, vendor management, interface controls, logical access controls, and input/processing/output controls, and business continuity).
- Completing or assisting the Senior Audit Manager and Audit director in developing the risk-based audit plan. Includes identifying auditable entities and assessing risk within the auditable entities; determining appropriate audit cycles and audit strategy; and determining necessary audit resources and estimated expenses associated with completion of a forward looking 12-18-month audit plan. Also includes performing continuous monitoring activities (working closely with senior management and risk management) and adjusting the audit plan when appropriate.
- Providing guidance for audit staff in the completion of audit engagements, ensuring the highest quality work delivered timely. Guidance and supervision includes:
- Planning audit engagements.
- Assessing work performed by lead auditors.
- Performing sufficient reviews to ensure work contains relevant facts to support audit scope and conclusions and adhere to internal audit policies and procedures.
- Drafting audit reports which communicate audit opinions and audit issues in a timely, clear, and concise manner.
- Monitoring progress of audit engagements against plan and schedule and making necessary adjustments.
- Preparing and reviewing board, committee, and other stakeholder reporting for completeness, consistency with other internal audit materials, and accuracy of the most up-to-date information, not limited to information internal audit is reporting.
- Interacting regularly with business line and risk management leaders, regulators, and external subject matter experts.
- Collaborating across the three lines of defense regarding business processes, risks, and controls with focus over enterprise risk management (eg, risk management framework, risk appetite statement, key risk indicators, risk identification assessment, risk policy development, regulatory capital, committee governance). 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 other audit teams when resources are needed for areas of higher risk.
- Managing, motivating, and developing assigned personnel in accordance with U.S. Bank Human Resources policies and internal audit policies and procedures. These duties include active participation in recruiting activities; establishing and managing development plans for assigned personnel; and providing quarterly performance feedback and annual performance evaluations for assigned personnel. Also includes addressing performance problems promptly.
- Drive automation and data analytics opportunities within their portfolio.
- Performing other duties as requested by management.
- Bachelors degree, or equivalent work experience
- Typically more than 10 years of applicable experience
- Knowledge of IT application and general controls is required.
- Knowledge of financial industry and banking products\services is preferred.
- Some working knowledge of Cloud, Application Programming Interface, Micro Services, databases, and DevOps is preferred.
- Familiarity with several IT Governance frameworks and guidelines
- Excellent verbal and written communication skills.
- Strong critical thinking and analytical skills.
- Ability to manage multiple tasks and deadlines simultaneously.
- Proven adaptability to changing priorities.
- Thorough understanding and/or ability to analyze and evaluate applicable laws and regulations to execute audits to assess the adequacy of first and second lines of defense compliance risk management practices.
- Ability to build and continuously improve working relationships with internal audit peers, business line leaders, and partners (risk and compliance).
- Ability to independently address unique and complex conflicts with business line and effectively negotiate as needed.
- Thorough understanding of Institute of Internal Auditors (IIA) Standards and the common definition of internal controls.
- Applicable certifications (CISA, CIA, CPA or other relevant professional designations or advanced degree)
This role is hybrid. Team members who are in a hybrid role typically spend three days a week at a U.S. Bank location, while having flexibility on their work location for the other working days.