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U.S. Bank · 18 hours ago

Senior Audit Manager - Wealth Management, Capital Markets and Commercial Compliance

Irving, TX

Full-time

Onsite

Senior Level, Lead/Staff

$150K/yr - $176K/yr

10+ years exp

U.S. Bank is on a journey to help customers and businesses make smarter financial decisions. They are seeking a Senior Audit Manager to provide strategic direction and leadership for compliance risk coverage in Wealth, Commercial, and Capital Markets business lines, ensuring effective risk management and governance processes.

BankingFinancial ServicesInsuranceMortgageWealth Management

Responsibilities

Coordinating with the Audit Director/Senior Audit Director in developing and driving the execution and coordination of the risk-based Annual Audit Plan for Wealth, Commercial, Capital Markets. Includes identifying auditable entities and assessing compliance risk across all auditable entities; determining appropriate audit cycles and audit strategy for the compliance risk framework; and determining necessary audit resources and estimated expenses associated with completion of a forward looking 12–18-month audit plan. Maintaining an effective Continuous Monitoring Program which monitors key risks within auditable entities across multiple business lines and identifies any key emerging/evolving risks by routinely interfacing with independent peer banks on regulatory trends and industry events. Also includes monitoring adequacy of CAS resources and adjusting the audit plan when appropriate and communicating key results of Continuous Monitoring to applicable members across CAS

Lead a team of managers and audit professionals and is expected to recruit, hire, and develop assigned personnel in accordance with U.S. Bank Human Resources Policies and Corporate Audit Services Policies, Standards and Guidelines. These duties include active participation in recruiting activities; establishing and managing development plans for assigned personnel; and providing quarterly performance feedback and annual performance evaluations for assigned personnel. Also includes addressing performance problems promptly

Supervise audit managers in the completion of audit engagements, ensuring the highest quality of work is delivered timely. Supervision includes:

Coordinating with senior audit managers and managers to plan audit engagements

Ensuring reviews are performed to ensure audit engagement work contains relevant facts to support audit scope and conclusions and adhere to internal audit policies and procedures

Reviewing audit reports which communicate audit opinions and audit issues in a timely, clear, and concise manner

Monitoring progress of audit engagements against plan and schedule and working with senior audit managers/audit managers to make necessary adjustments

Supporting the Audit Director/Senior Audit Director by creating and ensuring board, committee and other stakeholders reporting for completeness, consistency with other internal audit material and accuracy of the most up-to-date information. Overseeing ongoing progress and remediation by management for all outstanding operations issues across the entire enterprise and supporting other Senior Audit Directors/Audit Directors. Presenting as needed at Sr. Operating Committee and Sub-Committee meetings

Develop and deepen relationships through regular interactions with key internal and external stakeholders that include but are not limited to: senior management; internal control partners; regulatory agencies; external auditors; external subject matter experts; and industry peers. This includes regular participation within industry peer groups

Collaborating across the three lines of defense regarding business processes, risks, and controls. Coordinating audit activities by integrating other internal audit subject matter teams (e.g., Business Lines, Technology, Anti-Money Laundering, Model, Risk Management, Data, 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

Drive automation and data analytics opportunities within their portfolio

Performing other duties as requested by Audit Director/Senior Audit Director

Qualification

Wealth Management regulationsCapital Markets regulationsCompliance Management SystemsAuditRisk managementAnalytical skillsLeadershipMicrosoft Office proficiencyProfessional certificationsEffective communicationProblem-solving skillsNegotiation skills