Lead Audit Strategist

2 weeks ago


Minneapolis, Minnesota, United States U.S. Bank Full time
About U.S. Bank:

At U.S. Bank, we are committed to excellence in serving our customers and communities. We strive to empower individuals and businesses to make informed financial choices while fostering growth and success in the communities we support.

We recognize that our collective ambition is realized through the unique potential of each team member. A career with U.S. Bank offers a diverse array of opportunities to explore what drives you at every phase of your professional journey.

From the outset, you will have the chance to experiment, acquire new skills, and uncover your strengths.


Position Overview:

The Senior Audit Manager for Corporate Functions is a pivotal management role within our Corporate Audit Services (CAS) team. This position collaborates closely with the Audit Director and Senior Audit Director to provide independent assurance and advisory services aimed at enhancing the effectiveness of risk management, control, and governance processes across U.S. Bancorp and its subsidiaries.

The Senior Audit Manager will spearhead the strategic direction and coordination of the risk-based audit plan for Corporate Functions, overseeing two audit teams focused on Human Resources, Legal, and other corporate areas.


Key Responsibilities:
  • Developing the risk-based Annual Audit Plan in conjunction with the Audit Director/Senior Audit Director, ensuring comprehensive coverage of strategic and reputation risks.
  • Identifying auditable entities, assessing associated risks, and determining the necessary audit cycles and resources for a forward-looking audit strategy.
  • Leading and mentoring a team of approximately 8 audit professionals, actively participating in recruitment, performance management, and professional development.
  • Overseeing audit engagements to ensure high-quality deliverables are completed on time.

Supervisory Duties Include:
  • Collaborating with Senior Audit Managers to plan and execute audit engagements effectively.
  • Reviewing audit reports to ensure clarity, relevance, and adherence to internal audit standards.
  • Monitoring audit progress and making necessary adjustments to align with the audit plan.
  • Facilitating accurate and comprehensive reporting to boards and committees.
  • Engaging with senior management and external stakeholders to foster strong relationships and ensure effective communication.

Qualifications:

The ideal candidate will possess:

  • A Bachelor's degree or equivalent experience.
  • Over 10 years of progressive experience in internal auditing or public accounting.
  • A minimum of 5 years in a managerial capacity.
  • Professional designations such as CIA or CPA are preferred.
  • In-depth knowledge of financial services, risk management, and regulatory frameworks.
  • Exceptional communication, analytical, and critical thinking skills.

Benefits:

U.S. Bank offers a comprehensive benefits package designed to support the well-being of our employees and their families. Our offerings include:

  • Healthcare coverage (medical, dental, vision).
  • Life insurance options.
  • Disability benefits.
  • Retirement plans with employer contributions.
  • Generous paid time off and holiday opportunities.
  • Support for adoption and parental leave.

We are 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.


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