Senior Audit Manager – Digital Assets, Money Movement, and AI

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

The Corporate Audit Services (CAS) Senior Audit Manager supports the Audit Director and Senior Audit Director, 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.

This role sits within the CAS DTOS audit team and leads audit coverage for Digital Assets, Money Movement, and Artificial Intelligence. The position requires a high level of engagement with auditors, senior management, Independent Risk Management, Compliance, Technology, Product, and Operations, as well as ongoing interaction with regulatory agencies. Given the pace of innovation and regulatory change in these domains, the role demands strong cross functional collaboration across multiple products, platforms, and end to end processes, including customer facing and back office activities. The Senior Audit Manager will supervise Audit Project Managers, Senior Audit Project Managers and other Senior Audit Managers, ensuring audit engagements are delivered timely, within budget, and at the highest quality standards, while maintaining independence and sound professional judgment.

Key Responsibilities

• Lead the audit coverage strategy for Digital Assets (including custody, tokenization, blockchain enabled platforms), Money Movement (payments, wires, ACH, RTP, wallets), and Artificial Intelligence (AI/ML models, GenAI use cases, decision automation).
• Oversee audits assessing governance, risk management, controls, and regulatory compliance across these domains, including integration with Technology Risk, Model Risk Management, Data Risk, and Financial Crime frameworks.
• Act as a subject matter leader for emerging risks, translating regulatory guidance, industry developments, and supervisory feedback into actionable audit coverage.
• Supervise audit teams to ensure audits are completed timely, within budget, and meet CAS quality and documentation standards.
• Partner closely with Independent Risk Management, Compliance, and Business Line leadership to drive risk focused dialogue and influence sustainable control improvements.
• Serve as a risk stripe owner or co-owner for Digital Assets, AI, and/or Money Movement risks, as assigned, and support broader CAS initiatives.

Other Responsibilities

• Coordinating with the Audit Director in developing and driving execution of the risk-based Annual Audit Plan for Digital Assets, Money Movement, and Artificial Intelligence.
• Driving progress of audit engagements against plan and schedule and working with Audit Managers to make necessary adjustments.
• Driving board, committee and other stakeholder reporting for completeness, consistency with other internal audit material and accuracy of the most up-to-date information.
• Monitoring ongoing progress and remediation by management for all outstanding Digital Assets, Money Movement, and Artificial Intelligence issues across the enterprise and supporting other Senior Audit Managers.
• Develop and deepen relationships through regular interactions with key internal and external stakeholders that include but are not limited to: senior management; internal control partners; external auditors; external subject matter experts; and industry peers. This includes regular participation within industry peer groups.
• Collaborating across the three lines of defense regarding business processes, risks, and controls.
• Drive automation and data analytics opportunities within their portfolio.

Basic Qualifications
- Bachelor's or advanced degree, or equivalent work experience
- Typically more than 15 years of applicable experience

Preferred Skills/Experience

• Seven or more years of progressive experience in internal auditing, public accounting, regulatory, or other relevant experience
• CIA, CPA, CISA or other relevant professional designation.  
• Expert understanding of Institute of Internal Auditors’ Standards and the common definition of internal controls.

Key Skills and Expe