What are the responsibilities and job description for the Audit Project Manager - Digital position at U.S. Bank?
At U.S. Bank, we're 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 at-all from Day One.
Job Description
U.S. Bank Corporate Audit Services (CAS) is seeking a strong candidate to join our growing team of audit professionals within the Digital, Technology and Operations Services team. This position will support audit coverage of Transformation Initiatives and the U.S. Bank Digital Organization, including audits of the bank's digital channels, emerging technologies and innovation projects including Mobile Banking, Online Banking, Open Banking (Application Programming Interface (API)), Artificial Intelligence, and Voice Assistant. The audits conducted by the candidate support execution of the Audit Committee's approved plan and provide Senior Management with recommendations to strengthen key business processes and ensure a successful transformation
The Corporate Audit Services 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 Responsibility
- Monitoring the most relevant Transformation initiatives within the bank
- Continuing to develop and share knowledge, within CAS, related to the Financial Service Industry, emerging technologies, and transformation practices
- 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
- 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 and 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
- 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 paper 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, Banking Products, Operations, 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
- Performing other duties as requested by management
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.
Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Typically, more than eight years of applicable experience
Preferred Skills/Experience
- Experience with Emerging Technologies, Innovation, Information Technology and Business Processes
- Relevant Financial Service Industry knowledge (e.g., Fraud, Information Security and Systems, Lending, Models, Regulatory Compliance, Operations, Banking Products, etc.)
- Relevant knowledge of Agile, Scrum, and Digital Transformation principles and concepts
- Thorough understanding of Institute of Internal Auditors (IIA) Standards and the common definition of internal controls
- CIA, CISA, CPA, PMP, CSM or other relevant professional designation or advanced degree
- Excellent verbal and written communication skills
- Strong critical thinking, analytical, decision-making, and problem-solving skills
- Proven leadership skills
- Proven adaptability to changing priorities
- Ability to manage multiple tasks and deadlines simultaneously
- Experience with Application Controls, Cloud, and Digital Banking
INDMO
If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants (https://careers.usbank.com/global/en/disability-accommodations-for-applicants) .
Learn how the way we work at U.S. Bank (https://assets.phenompeople.com/CareerConnectResources/prod/UBNAGLOBAL/documents/Thewaywework-1666895142717.pdf) drives meaningful relationships with our customers and collaboration across the company.
Benefits:
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 of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
EEO is the Law
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. Applicants can learn more about the company's status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS (https://eeoc.gov/sites/default/files/2022-10/EEOC\KnowYourRights\screen\reader\10_20.pdf) EEO poster.
E-Verify
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 (https://careers.usbank.com/verification-of-eligibility-for-employment) .
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, US Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401k contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $112,880.00 - $132,800.00 - $146,080.00
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.
Job Description
U.S. Bank Corporate Audit Services (CAS) is seeking a strong candidate to join our growing team of audit professionals within the Digital, Technology and Operations Services team. This position will support audit coverage of Transformation Initiatives and the U.S. Bank Digital Organization, including audits of the bank's digital channels, emerging technologies and innovation projects including Mobile Banking, Online Banking, Open Banking (Application Programming Interface (API)), Artificial Intelligence, and Voice Assistant. The audits conducted by the candidate support execution of the Audit Committee's approved plan and provide Senior Management with recommendations to strengthen key business processes and ensure a successful transformation
The Corporate Audit Services 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 Responsibility
- Monitoring the most relevant Transformation initiatives within the bank
- Continuing to develop and share knowledge, within CAS, related to the Financial Service Industry, emerging technologies, and transformation practices
- 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
- 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 and 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
- 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 paper 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, Banking Products, Operations, 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
- Performing other duties as requested by management
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.
Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Typically, more than eight years of applicable experience
Preferred Skills/Experience
- Experience with Emerging Technologies, Innovation, Information Technology and Business Processes
- Relevant Financial Service Industry knowledge (e.g., Fraud, Information Security and Systems, Lending, Models, Regulatory Compliance, Operations, Banking Products, etc.)
- Relevant knowledge of Agile, Scrum, and Digital Transformation principles and concepts
- Thorough understanding of Institute of Internal Auditors (IIA) Standards and the common definition of internal controls
- CIA, CISA, CPA, PMP, CSM or other relevant professional designation or advanced degree
- Excellent verbal and written communication skills
- Strong critical thinking, analytical, decision-making, and problem-solving skills
- Proven leadership skills
- Proven adaptability to changing priorities
- Ability to manage multiple tasks and deadlines simultaneously
- Experience with Application Controls, Cloud, and Digital Banking
INDMO
If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants (https://careers.usbank.com/global/en/disability-accommodations-for-applicants) .
Learn how the way we work at U.S. Bank (https://assets.phenompeople.com/CareerConnectResources/prod/UBNAGLOBAL/documents/Thewaywework-1666895142717.pdf) drives meaningful relationships with our customers and collaboration across the company.
Benefits:
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 of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
EEO is the Law
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. Applicants can learn more about the company's status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS (https://eeoc.gov/sites/default/files/2022-10/EEOC\KnowYourRights\screen\reader\10_20.pdf) EEO poster.
E-Verify
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 (https://careers.usbank.com/verification-of-eligibility-for-employment) .
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, US Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401k contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $112,880.00 - $132,800.00 - $146,080.00
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.
Audit/Tax Manager
NOVOCO -
Cincinnati, OH
AVP, Audit Manager - Compliance
Synchrony -
Cincinnati, OH
Technical Product Manager - Senior
Siemens EDA (Siemens Digital Industries Software) -
Milford, OH
