U.S. Bank Audit Manager- Corporate Functions (Finance, Human Resources, Strategy/Marketing, Law Division) in Albany, New York

The Audit Manager is primarily responsible for managing assigned personnel in accordance with U.S. Bank Human Resources policies and internal audit policies & procedures to achieve audit plan completion. The audit manager is expected to recruit, hire, and develop assigned staff to ensure audit engagements are completed in conformance with internal audit policies & procedures.


  1. Supervising audit staff (lead, senior and staff auditors) in the completion of audit engagements, ensuring the highest quality work delivered timely. Supervision includes:

• Planning audit engagements

• Assessing work performed by lead auditors

• Performing sufficient work paper review to ensure work papers contain relevant facts to support audit scope and conclusions and adhere to internal audit policies and procedures

• Drafting 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 making necessary adjustments

  1. Completing or assisting the audit director in developing the risk-based audit plan. Includes identifying auditable entities and assessing risk within the auditable entities; determining appropriate audit cycles and audit strategy; and determining necessary audit resources and estimated expenses associated with completion of a forward looking 12-18 month audit plan. Also includes performing continuous monitoring activities (working closely with senior management and risk management) and adjusting the audit plan when appropriate.

  2. Prepare and review board, committee, and other stakeholder reporting for completeness, consistency with other internal audit materials, and accuracy of the most up-to-date information, not limited to information internal audit is reporting.

  3. Collaborate across the three lines of defense regarding business processes, risks, and controls. Coordinate 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 so there is availability, if possible, to assist other audit teams when resources are needed for areas of higher risk.

  4. Managing assigned personnel in accordance with U.S. Bank Human Resources policies and internal audit policies and procedures. Includes recruiting activities which utilize a variety of assessment tools and tests to assess candidates’ capabilities and competence; providing quarterly feedback and annual performance evaluations for assigned personnel; and establishing and managing development plans for assigned personnel. Also includes addressing performance problems promptly.

  5. Performing other duties as requested by CAS management.


Basic Qualifications

  • Bachelor’s degree (preferably in Accounting, Finance, or MIS), or equivalent experience

  • Ten or more years of experience in internal auditing, public accounting, or equivalent corporate support role

  • CIA, CPA or other relevant professional designation preferred

  • Three or more years of managerial experience

Preferred Skills/Experience

  • Relevant financial service or corporate support function industry knowledge (e.g., finance (controllership), human resources, strategy and other corporate affairs (marketing), law division, etc.), including understanding of risk theory, control frameworks, applicable financial services industry trends, laws and regulations; and impact of government legislation and regulation on business.

  • Proven leadership skills

  • Excellent verbal and written communication skills

  • Ability to manage multiple tasks and deadlines simultaneously

  • Thorough understanding of Institute of Internal Audit (IIA) Standards and the common definition of internal controls

  • Strong critical thinking and analytical skills

Job: Compliance / Quality Control

Primary Location: Minnesota-MN-Minneapolis

Shift: 1st - Daytime

Average Hours Per Week: 40

Requisition ID: 180008562

Other Locations: United States

U.S. Bank is an Equal Opportunity Employer committed to creating a diverse workforce.