Job DescriptionThe Corporate Audit Services (CAS) Senior Audit Project Manager partners with their assigned Line of Business, other Risk/Compliance/Audit (RCA) professionals, and RCA Managers to, depending on their function, create, implement, maintain, review or oversee an effective risk management framework. Participates in projects and/or activities that ensure compliance with applicable federal, state, and local laws and regulations. Identifies gaps and inform solutions that minimize losses resulting from inadequate internal processes, systems or human errors. Identifies, responds and/or escalates risks as appropriate. Serves as a functional liaison between the Line of Business and the Lines of Defense.
Primary Responsibilities- Supports the assessment of the effectiveness of the frameworks in alignment with industry standards, such as NIST, and broader AI governance principles, including ethical, legal, and operational aspects.
- Identifies gaps, risks, and areas for improvement in AI governance, risk management, and compliance.
- Provides actionable best practices for strengthening the AI governance framework and ensuring alignment with emerging standards, regulatory requirements, and best practices.
Basic Qualifications- Bachelor's degree, or equivalent work experience
- Typically more than 10 years of applicable experience
Preferred Skills/Experience- Expertise in AI governance frameworks such as NIST AI Risk Management Framework, ISO/IEC 42001, EU AI Act, and OCC guidelines preferred but not required
- Ability to audit AI lifecycle controls including development, validation, and monitoring aligned with SR 11-7 and internal model governance standards
- Strong understanding of ethical AI principles including fairness, transparency, accountability, and explainability
- Knowledge of regulatory and compliance requirements including GDPR, CCPA, and AI-specific mandates
- Skilled in risk assessment for AI use cases, including bias detection, interpretability, and performance metrics
- Experience in evaluating third-party AI vendor compliance and contractual obligations
- Proficiency in preparing clear, actionable audit reports for senior leadership and regulators
- Collaborative approach to work with data, compliance, and technology teams
*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.
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $133,365.00 - $156,900.00
Posting may be closed earlier due to high volume of applicants. 
