Senior Audit Manager - Data

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

Primary Responsibilities

• Coordinating with the Audit Director in developing and driving execution of the risk-based Annual Audit Plan for Enterprise Data. 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. Maintaining an effective Continuous Monitoring Program which monitors key risks within Auditable Entities across multiple business lines and identifies any key emerging/evolving risks by routinely interfacing with independent peer banks on regulatory trends. Also includes monitoring adequacy of CAS resources and adjusting the Audit Plan when appropriate and communicating key results of Continuous Monitoring to applicable members across CAS.

• Lead a team of Audit Managers and professionals and is expected to recruit, hire, and develop assigned personnel in accordance with U.S. Bank Human Resources Policies and Corporate Audit Services Policies, Standards and Guidelines. 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.

• Supervise Audit Managers and staff in the completion of audit engagements, ensuring the highest quality work delivered timely. Supervision includes:

  • Coordinating with Audit Managers to plan audit engagements.

  • Review all engagement workpapers to ensure audit engagement work contains relevant facts to support audit scope and conclusions and adhere to internal audit policies and procedures.

  • Writing audit reports which communicate audit opinions and audit issues in a timely, clear, and concise manner.

  • 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 technology and data issues across the enterprise and supporting other Senior Audit Managers. Presenting as needed at Sr. Operating Committee and Sub-Committee meetings.

• 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. Coordinating audit activities by integrating other internal audit subject matter teams (Anti-Money Laundering, Compliance, Risk Management, Finance Data, 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.

• Drive automation and data analytics opportunities within their portfolio.

• Performing other duties as requested by the Audit Director.

Basic Qualifications
- Bachelor's or advanced degree, or equivalent work experience
- Typically more than 12 years of applicable experience

Preferred Skills/Experience

Senior Audit Manager will exhibit:

• Business Acumen – Has impressive intellectual and critical thinking skills and can be assertive with the senior management teams. Relevant Financial Service Industry and Technical knowledge (e.g., Lending, Banking Operations, Trust, Information Security, Disaster Recovery Planning, etc.), including understanding of risk theory, control frameworks, applicable financial services industry trends, laws and regulations; and impact of government legislation and regulation on b