Senior Audit Project Manager- Transformation ...

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 role will support development and implementation of an audit coverage strategy for AI, including Generative AI, as well as lead audits focused on AI to assess the Company's governance, risk management framework and supporting control processes. This position also 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)), 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 Senior 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 Senior 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 : 1. Monitoring the most relevant Transformation initiatives within the bank, with a primary focus on Generative AI. 2. Develop and share knowledge, within CAS, related to the Financial Service Industry, emerging technologies (e.g. Generative AI), and transformation practices. 3. 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. 4. 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. 5. Assisting the managers in reporting and wrap-up phases of audits. Includes appropriate disposition of issues and drafting audit reports which include issues. 6. 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. 7. 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. 8. 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. 9. Performing other duties as requested by management. Preferred Skills/Experience * Bachelor's degree, or equivalent work experience * 10 or more years of applicable experience * Advanced degree in Statistics/Computer Science/Mathematics/Financial Engineering * Experience with developing, validating and auditing of AI/ML models, Application Controls, Cloud, Emerging Technologies, Information Technology and Digital Banking * Programming experience in Python, R, C ++ and JavaScript as well as experience with Natural Language Processing (NLP) and Large Language Models (LLM) * Advanced Financial Service Industry knowledge (e.g., Digital Banking, Models, Fraud, Information Security and Systems, Banking Products, Regulatory Compliance, Operations, etc.) * Relevant knowledge of digital transformation principles and concepts, including agile, scrum, and user experience design * 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 INDMO The role offers a hybrid/flexible 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. 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. 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 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. 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: $129,455.00 - $152,300.00 - $167,530.00 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. Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date.

Created: 2024-11-02