Audit Project Manager
1 week ago
The Corporate Audit Services Audit Project Manager is responsible for supervising staff in the completion of audit engagements with minimal supervision from managers. The role involves monitoring progress of audit engagements against plan and schedule, assessing work performed by the audit engagement team, and providing coaching and on-the-job training for team members to ensure engagements are completed in conformance with internal audit policies and procedures.
Key Responsibilities- Supervising audit staff in the completion of audit engagements, ensuring the highest quality work delivered timely
- 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
- Completing or assisting managers in planning audit engagements, including 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
- Assisting the managers in reporting and wrap up phases of audits, including appropriate disposition of issues and drafting audit reports which include issues
- Monitoring progress of audit engagements against plan and schedule, including 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
- Providing on the job training for staff, including business knowledge of products, services, and delivery systems; company policies and procedures; applicable laws and regulations; and formal/informal control frameworks
- Collaborating across the three lines of defense regarding business processes, risks, and controls
- Bachelor's degree, or equivalent work experience
- Typically, more than six years of applicable experience
- Relevant Financial Service Industry knowledge (e.g., Accounting, Financial Reporting, Tax, SOX, M&A, Lending, Regulatory Compliance, Operations, Risk Management, etc.)
- Bachelor's Degree preferably in accounting or finance
- Experience in auditing risks and controls within Financial Services (e.g. Accounting, Tax, Financial Reporting, SOX, M&A, etc.)
- Seven or more years of experience in internal auditing, public accounting or other relevant experience
- Excellent verbal and written communication skills
- Strong critical thinking and analytical skills
- Proven leadership skills
- Proven adaptability to changing priorities
- Ability to manage multiple tasks and deadlines simultaneously
- Thorough understanding of Institute of Internal Auditors (IIA) Standards and the common definition of internal controls
- CIA, CPA or other relevant professional designation or advanced degree
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.
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