Job DescriptionThe 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 Responsibilities1. 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
- Applicable professional certifications preferred
*This role requires working from a U.S. Bank location three (3) or more days per week.Benefits: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:
- 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
Review our full benefits available by employment status here.
Posting may be closed earlier due to high volume of applicants. 
