U.S. Bank Senior Audit Manager - Corporate Functions in Charlotte, North Carolina
At U.S. Bank, we're 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 country's 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 audit director and chief audit executive, in providing the Audit Committee and senior management with independent assurance and advisory services designed to evaluate and improve the effectiveness of risk management, control, and governance processes of U.S. Bancorp (USB), affiliates, wholly owned subsidiaries and entities where USB owns a majority (controlling) interest.
The Senior Audit Manager supports the assessment of the Company’s 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 responsible for overseeing audit teams responsible for auditing various corporate function areas of the organization, including human resources, strategy, corporate marketing and communications, and internal legal counsel. The role will also be responsible for the overall audit strategy and approach to Reputation, Strategic, Operations-People, and Operations-Legal risks.
The Senior Audit Manager is also expected to develop and deepen relationships with key internal and external stakeholders that include, but are not limited to: senior management; internal control partners; regulatory agencies; external auditors; external subject matter experts; and industry peers.
The Senior Audit Manager will lead a team of audit professionals and/or managers and is responsible for managing assigned personnel in accordance with U.S. Bank Human Resources policies and internal audit policies and procedures to achieve audit plan completion. The Senior Audit Manager is expected to recruit, hire, and develop assigned staff to ensure audit engagements are completed in conformance with internal audit policies and procedures.
Supervising audit team in the completion of audit engagements, ensuring the highest quality work delivered timely. Supervision includes:
Planning audit engagements.
Assessing work performed by the audit team.
Performing sufficient reviews to ensure work contains relevant facts to support audit scope and conclusions and adhere to internal audit policies and procedures.
Reviewing 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.
Completing or assisting the audit director in developing the risk-based audit plan, including responsibility for overall audit strategy and approach for Reputation, Strategic, Operations-People, and Operations-Legal risks. 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.
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. Participating regularly, networking, and showing leadership within industry peer groups. Participating and presenting as needed at executive and senior management operating committee meetings.
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 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.
Performing other duties as requested by management.
Bachelor's degree, or equivalent work experience
Ten or more years of experience in an applicable risk management environment
Applicable certifications (CIA, CPA or other relevant professional designations)
Proven leadership skills.
Excellent verbal and written communication skills, relationship building and negotiation skills.
Ability to manage stressful situations. Strong critical thinking and analytical skills.
Ability to manage multiple tasks and deadlines simultaneously.
Proven adaptability to changing priorities.
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.
Expert understanding of Institute of Internal Auditors (IIA) Standards and the common definition of internal controls.
Expert understanding of the business line’s operations, products/services, systems and associated risks/controls.
Relevant financial service industry and large international company corporate functions knowledge (e.g., Human Resources, Corporate Affairs, Strategy, Legal, Models, Regulatory Compliance, Operations, etc.).
Take care of yourself and your family with U.S. Bank employee benefits. We know that healthy employees are happy employees, and we believe that work/life balance should be easy to achieve. That's why we share the cost of benefits and offer a variety of programs, resources and support you need to bring your full self to work and stay present and committed to the people who matter most - your family.
Learn all about U.S. Bank employee benefits, including tuition reimbursement, retirement plans and more, by visiting usbank.com/careers (https://www.usbank.com/careers/index.html) .
EEO is the Law
Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) poster.
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://www.usbank.com/careers/verification-of-eligibility-for-employment.html) .
Our 74,000 employees work across departments to help our millions of retail, business, wealth management, payment, commercial and corporate, and investment services customers across the country and around the world turn their dreams into reality. Our employees are empowered to create change and drive our future, and we pride ourselves on diligently and ethically upholding U.S. Bank’s best-in-class financial record and legacy of more than 150 years in banking. Most importantly, we put people first, cultivating and treasuring meaningful relationships with the customers we serve, the colleagues we support and the communities where we live and work.