Lead Audit Program Manager, Payment Services

U.S. Bank; Milwaukee (WI); On-site; USD 112,000 - 131,000; Full time

Benefits offered by this job

Healthcare benefits

Life insurance

Disability coverage

Retirement plan (401k)

Job summary

U.S. Bank is seeking a Senior Audit Project Manager within Corporate Audit Services to lead complex audits focused on Payment Services, ensuring compliance with internal standards and regulatory requirements.

The role emphasizes project management, risk assessment, and collaboration across stakeholders to deliver high-quality results. The position requires 8+ years in audit or risk management, with at least 3 years in leadership roles, and a strong knowledge of industry risks, controls, and IIA

Qualifications

• Bachelor’s degree or equivalent work experience required.
• 8+ years of audit or risk management experience; 3+ years in project leadership roles.
• Strong knowledge of Payment Services industry risks, controls, and regulatory requirements.
• Excellent communication, analytical, and critical thinking skills.
• Ability to manage multiple priorities and adapt to changing business needs.
• Proven ability to build collaborative relationships across business lines and risk functions.
• Thorough understanding of IIA Standards and internal control frameworks.

Responsibilities

• Audit Planning & Risk Assessment: Develop and maintain a risk-based audit plan for Payment Services, including identifying auditable entities, assessing risk, and determining audit cycles and resource needs for a 12-18 month horizon.
• Audit Execution & Quality Assurance: Manage end-to-end audit projects, including planning, fieldwork, and reporting.
• Review work performed by auditors to ensure accuracy, relevance, and adherence to CAS policies and IIA Standards.
• Draft clear, concise audit reports that communicate findings and recommendations effectively.
• Stakeholder Engagement: Build strong relationships with Payment Services leadership, risk management teams, and regulatory bodies.
• Collaborate across the three lines of defense to ensure comprehensive coverage of processes, risks, and controls.
• Team Leadership & Development: Provide guidance, coaching, and performance feedback to audit staff.
• Support recruiting, onboarding, and professional development initiatives.
• Reporting & Governance: Prepare and review reports for senior management, committees, and regulators to ensure accuracy and completeness.
• Other Duties: Assist with cross-functional audit projects and special initiatives as needed.

Skills

Audit knowledge

Project leadership

Communication skills

Analytical thinking

Critical thinking

Risk management

Regulatory awareness

Multitasking

Collaboration

IIA Standards

Education

Bachelor’s degree or equivalent experience

Advanced degree or professional certification (CIA, CPA, CISA) preferred

Job description

U.S. Bank is seeking a Senior Audit Project Manager within Corporate Audit Services to lead complex audits focused on Payment Services, ensuring compliance with internal standards and regulatory requirements.

The role emphasizes project management, risk assessment, and collaboration across stakeholders to deliver high-quality results. The position requires 8+ years in audit or risk management, with at least 3 years in leadership roles, and a strong knowledge of industry risks, controls, and IIA