Audit Project Manager - Payment Services

US Bank; Charlotte (NC); On-site; USD 90,000 - 120,000; Full time

Job summary

U.S. Bank is seeking an Audit Project Manager to supervise audit engagements and mentor staff in our Corporate Audit Services group in Charlotte, NC.

You will lead project teams, assess work quality, and ensure audits align with policies and regulatory requirements. Candidate should have a bachelor's degree and 7–10 years of relevant experience, with strong project management, analytical, and communication skills, and proficiency with data analytics tools such as Tableau or SAS.

Qualifications

• Bachelor's degree or equivalent work experience.
• 7–10 years of applicable audit or financial services experience.

Responsibilities

• Supervise audit engagements and ensure timely, high-quality work.
• Coach and review staff to ensure compliance with audit policies.
• Plan audits by identifying risks, controls and scope.
• Evaluate process designs and testing of controls.
• Draft and wrap up audit reports with clear findings.
• Coordinate with IT, AML, Compliance, Risk teams as needed.

Skills

Project management

Analytical skills

Excellent communication

Team leadership

Regulatory/compliance knowledge

Education

Bachelor's degree

Tools

Tableau

SAS

Microsoft Office

Data analytics tools

Job description

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.

The Payment Services division at U.S. Bank delivers innovative payment solutions, including credit, debit, and prepaid card issuance for consumers, businesses, and institutions. It also provides merchant authorization and settlement services. Payment Services is a dynamic and highly regulated environment requiring strong audit oversight.

The Corporate Audit Services (CAS) Audit Project Manager (APM) is primarily responsible for supervising staff in the completion of audit engagements with minimal supervision from their managers. The APM role is an individual contributor who will lead audit staff resources on a project-by-project basis. The APM 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. 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.
2. 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.
3. Assisting the managers in reporting and wrap-up phases of audits. Includes appropriate disposition of issues and drafting audit reports which include issues.
4. 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.
5. 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.
6. 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, Anti-Money Laundering, 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.
7. Performing other duties as requested by management.

Basic Qualifications

• Bachelor's degree, or equivalent work experience
• Seven to ten years of applicable experience

Preferred Skills/Experience

• Relevant large financial service industry knowledge, including payments processes, products/services (e.g., credit cards, merchant processing), systems and associated risks/controls.
• 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
• Strong process facilitation, project management, and analytical skills
• Must possess business acumen and credibility to help business line(s) proactively identify and address changing workforce needs
• Excellent presentation, interpersonal, written and verbal communication skills
• Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications and word processing, spreadsheets, databases, and presentations
• Proficiency with Data Analytic tools such as AQL, Tableau, SAS or other tools