Audit Project Manager - Corporate and Commercial Banking Operations

Audit Project Manager

At U.S. Bank, we are 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 atall from Day One.

U.S. Bancorp Corporate Audit Services (CAS) is seeking a strong candidate to join our growing team of audit professionals within the Digital, Technology and Operations team. This position will support audit coverage of corporate and commercial banking back-office functions, focusing on commercial loan processing, foreign transaction processing, and global trade operations within the Wealth, Corporate, Commercial and Institutional Banking Operations (WCIBO) business line. WCIBO provides operational support to all Wealth, Corporate, commercial and institutional banking units, as well as select consumer and business banking (CBB) business groups, with a focus on service, a reduced risk profile, innovative operational solutions, and client support.

The CAS 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. The Audit Project Manager is expected to monitor progress of audit engagements against plan and schedule, assess work performed by the audit engagement team, and provide coaching and on-the-job training for team members to ensure engagements are completed in conformance with internal audit policies and procedures.

Primary Responsibilities

• Supervising audit staff in the completion of audit engagements, ensuring the highest quality work delivered timely.
• Completing or assisting managers in planning audit engagements.
• Assisting the managers in reporting and wrap up phases of audits.
• Monitoring progress of audit engagements against plan and schedule.
• Providing on-the-job training for staff.
• Collaborating across the three lines of defense regarding business processes, risks, and controls.
• Expand use of data analytics by the operations audit team.
• Performing other duties as requested by management.

Basic Qualifications

Bachelor's degree, or equivalent work experience. Typically more than eight years of applicable experience.

Preferred Skills / Experience

Typically has 8 or more years of applicable experience working with corporate and commercial banking loans and various capital markets products. Considerable knowledge of commercial banking operations, products / services, systems, and associated risks / controls, including syndicated loans, equipment finance, commercial real estate, asset based finance, and capital markets products (e.g. foreign exchange, derivatives, international remittance, and letters of credit). Considerable knowledge of risk / compliance / audit competencies. Considerable knowledge of applicable laws, regulations (swap dealer reporting, volker rule, dodd-frank), financial services, and regulatory trends that impact bank operations. Strong process facilitation, project management, and analytical skills. Ability to manage multiple tasks and deadlines simultaneously. Must possess business acumen and credibility to help business line(s) proactively identify and address changing workforce needs. Strong presentation, interpersonal, written, and verbal communication skills. Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications and word processing, spreadsheets, databases, and presentations. Experience with Archer and TeamMate+ CIA, CISA, CPA, or other relevant professional designations or advanced degree.

The role offers a hub schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.

Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours) : 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. U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law. U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range : $119,765.00 - $140,900.00 U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and / or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures. Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies. Posting may be closed earlier due to high volume of applicants.