Audit Project Manager - Regulatory Compliance

About the role

The Corporate Audit Services (CAS) Audit Project Manager (APM) is responsible for planning and conducting audit engagements, supervising audit staff, and collaborating across the three lines of defense.

Responsibilities

• Supervise audit staff in the completion of audit engagements, ensuring the highest quality work delivered timely.
  • Assess work performed by staff by providing coaching notes that are relevant to the scope, accuracy and completeness of work performed.
  • Perform sufficient reviews to ensure work contains relevant facts to support audit scope and conclusions and adhere to internal audit policies and procedures.
  • Review 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.
  • Complete or assist 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.
  • Assist the managers in reporting and wrap-up phases of audits. Includes appropriate disposition of issues and drafting audit reports which include issues.
  • Maintain 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.
  • Provide 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.
  • Collaborate across the three lines of defense regarding business processes, risks, and controls.
  • Coordinate audit activities by integrating other internal audit subject matter teams (Information Technology, Anti-Money Laundering, Compliance, Risk Management, Treasury, etc.) to ensure appropriate and efficient coverage of the business products, services and processes.
  • Manage the team's workload to assist other audit teams when resources are needed for areas of higher risk.
  • Perform other duties as requested by management.

Requirements

• Bachelor's degree, or equivalent work experience.
• More than six years of applicable experience.
• Previous experience in internal audit within a banking environment or large financial institution.
• Excellent verbal and written communication skills.
• Strong critical thinking and analytical skills.
• Proven adaptability to changing priorities.
• Ability to manage multiple tasks and deadlines simultaneously.
• Considerable knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business.
• Considerable understanding of the business line's operations, products/services, systems, and associated risks/controls.
• Considerable knowledge of Risk/Compliance/ Audit competencies and ability to hold others accountable on individual projects.
• Advanced process facilitation, project management, and analytical skills for complex processes.
• Thorough understanding of Institute of Internal Auditors (IIA) Standards and the common definition of internal controls.
• CIA, CRCM, CPA or other relevant professional designation or advanced degree.
• Working from a U.S. Bank location three (3) or more days per week.

Qualifications

• Basic Qualifications: Bachelor's degree, or equivalent work experience; more than six years of applicable experience.
• Preferred Skills/Experience: Previous experience in internal audit within a banking environment or large financial institution; excellent verbal and written communication skills; strong critical thinking and analytical skills; proven adaptability to changing priorities; ability to manage multiple tasks and deadlines simultaneously; considerable knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business; considerable understanding of the business line's operations, products/services, systems, and associated risks/controls; considerable knowledge of Risk/Compliance/ Audit competencies and ability to hold others accountable on individual projects; advanced process facilitation, project management, and analytical skills for complex processes; thorough understanding of Institute of Internal Auditors (IIA) Standards and the common definition of internal controls; CIA, CRCM, CPA or other relevant professional designation or advanced degree.

Skills

• Excellent verbal and written communication skills.
• Strong critical thinking and analytical skills.
• Proven adaptability to changing priorities.
• Ability to manage multiple tasks and deadlines simultaneously.
• Considerable knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business.
• Considerable understanding of the business line's operations, products/services, systems, and associated risks/controls.
• Considerable knowledge of Risk/Compliance/ Audit competencies and ability to hold others accountable on individual projects.
• Advanced process facilitation, project management, and analytical skills for complex processes.
• Thorough understanding of Institute of Internal Auditors (IIA) Standards and the common definition of internal controls.
• CIA, CRCM, CPA or other relevant professional designation or advanced degree.

Benefits

• Healthcare (medical, dental, vision).
• Basic term and optional term life insurance.
• Pregnancy disability and parental leave.
• Short-term and long-term disability.
• 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.
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law.

Pay Range

$105,400.00 - $124,000.00