Us Bank
Senior Audit Manager – Credit & Debit Card Products
Us Bank, Milwaukee, Wisconsin, United States, 53244
At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.Job Description
The Corporate Audit Services Senior Audit Manager – Credit & Debit Card Products supports the Audit Directors, Senior Audit Directors, and Chief Audit Executive, in providing the Audit Committee and senior management with independent assurance and advisory services designed to evaluate and improve the effectiveness of risk management, control, and governance processes of U.S. Bancorp (USB), affiliates, wholly owned subsidiaries, and entities where USB owns a majority (controlling) interest.The Senior Audit Manager – Credit & Debit Card Products is responsible for providing strategic direction, leadership, and coordination of the risk-based audit plans for U.S. Bank’s Credit Card (Consumer, Small Business, and Commercial) and Debit Card products with consideration of relevant legal entities and geographies.We are seeking an experienced senior business audit manager that has strong knowledge of audit, risk management, and regulatory expectations at large financial institutions, with specific knowledge and experience with Credit and Debit Card products. This individual will have skills and experiences to effectively manage audit deliverables, own and lead the oversight of the Credit and Debit Card audit plans, provide oversight of audit activities over the activities mentioned above, and deliver updates to operating committees, senior management, and other key stakeholders.ResponsibilitiesCoordinating with others in the department in developing and driving the execution and coordination of the risk-based Annual Audit Plan and understanding how it impacts the portfolio of Credit and Debit Card products. This includes identifying auditable entities and assessing risk; 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. Maintaining an effective Continuous Monitoring Program which monitors key risks within auditable entities across multiple risks, geographies, and entities and identifies any key emerging/evolving risks by routinely interfacing with independent peer banks on regulatory trends. Also includes adjusting the Audit Plan when appropriate and communicating key results of Continuous Monitoring to applicable members across CAS and relevant stakeholders.Lead a team of 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 ongoing performance feedback and annual performance evaluations for assigned personnel. Also includes addressing performance problems promptly.Supervise team in the completion of audit engagements and projects, ensuring the highest quality work delivered timely and appropriately focusing on key risks and controls and legal entity and geography requirements.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; subsidiary board and committee meetings, external auditors; external subject matter experts; and industry peers. This includes regular participation within industry peer groups.Drive automation and analytics opportunities in engagements.Performing other duties as requested by Senior Audit Director and Audit Director.Senior Audit Manager will exhibit:Business Acumen – Has impressive intellectual and critical thinking skills specifically related to consumer, small business, prepaid, debit, and commercial cards. Knowledgeable of emerging industry and regulatory laws. Must be able to “deep dive” into the details and the business while staying focused on the big picture and be able to “connect the dots” related to impacted geographies and legal entities. Able to quickly integrate complex information and different points of view in problem solving exercises. Effectively probes for information critical to the decision at hand. Can quickly make effective decisions. Demonstrates new insights into situations.Executing Results – Exhibits and expects excellent results. Is not afraid to challenge the status quo; exhibits a mindset of creativity, innovation, teamwork, and an energetic drive to succeed. Able to set and meet aggressive goals and action plans, both as an individual and across the department. Able to execute against multiple projects/workstreams and excel in a fast-paced environment.Leadership – A proven leader able to build, lead, motivate and retain a high performing team. Skillfully coaches and mentors’ professionals. Gets the best performance from people. Taps into people’s needs, interests, and goals to motivate them to achieve. Inspires commitment from people and mobilizes teams toward high performance and goal achievement.Preferred Skills/ExperienceBachelor’s degree (preferably in Accounting, Finance, Management Information Systems, International Business).Ten or more years of progressive experience in internal auditing, first line, second line, financial services regulatory, other relevant experience.Eight or more years of Credit and/or Debit Card product focused audit experience and expert understanding of applicable laws, regulations, technology, and regulatory trends that impact these products in the U.S., Canada, and Europe. Five or more years of managerial experience. CIA, CPA, CISA or other relevant professional designation.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 (some may vary based on role, location or hours):Healthcare (medical, dental, vision)Basic term and optional term life insuranceShort-term and long-term disability401(k) and employer-funded retirement planPaid vacation (from two to five weeks depending on salary grade and tenure)Up to 11 paid holiday opportunitiesEEO is the LawU.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.
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The Corporate Audit Services Senior Audit Manager – Credit & Debit Card Products supports the Audit Directors, Senior Audit Directors, and Chief Audit Executive, in providing the Audit Committee and senior management with independent assurance and advisory services designed to evaluate and improve the effectiveness of risk management, control, and governance processes of U.S. Bancorp (USB), affiliates, wholly owned subsidiaries, and entities where USB owns a majority (controlling) interest.The Senior Audit Manager – Credit & Debit Card Products is responsible for providing strategic direction, leadership, and coordination of the risk-based audit plans for U.S. Bank’s Credit Card (Consumer, Small Business, and Commercial) and Debit Card products with consideration of relevant legal entities and geographies.We are seeking an experienced senior business audit manager that has strong knowledge of audit, risk management, and regulatory expectations at large financial institutions, with specific knowledge and experience with Credit and Debit Card products. This individual will have skills and experiences to effectively manage audit deliverables, own and lead the oversight of the Credit and Debit Card audit plans, provide oversight of audit activities over the activities mentioned above, and deliver updates to operating committees, senior management, and other key stakeholders.ResponsibilitiesCoordinating with others in the department in developing and driving the execution and coordination of the risk-based Annual Audit Plan and understanding how it impacts the portfolio of Credit and Debit Card products. This includes identifying auditable entities and assessing risk; 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. Maintaining an effective Continuous Monitoring Program which monitors key risks within auditable entities across multiple risks, geographies, and entities and identifies any key emerging/evolving risks by routinely interfacing with independent peer banks on regulatory trends. Also includes adjusting the Audit Plan when appropriate and communicating key results of Continuous Monitoring to applicable members across CAS and relevant stakeholders.Lead a team of 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 ongoing performance feedback and annual performance evaluations for assigned personnel. Also includes addressing performance problems promptly.Supervise team in the completion of audit engagements and projects, ensuring the highest quality work delivered timely and appropriately focusing on key risks and controls and legal entity and geography requirements.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; subsidiary board and committee meetings, external auditors; external subject matter experts; and industry peers. This includes regular participation within industry peer groups.Drive automation and analytics opportunities in engagements.Performing other duties as requested by Senior Audit Director and Audit Director.Senior Audit Manager will exhibit:Business Acumen – Has impressive intellectual and critical thinking skills specifically related to consumer, small business, prepaid, debit, and commercial cards. Knowledgeable of emerging industry and regulatory laws. Must be able to “deep dive” into the details and the business while staying focused on the big picture and be able to “connect the dots” related to impacted geographies and legal entities. Able to quickly integrate complex information and different points of view in problem solving exercises. Effectively probes for information critical to the decision at hand. Can quickly make effective decisions. Demonstrates new insights into situations.Executing Results – Exhibits and expects excellent results. Is not afraid to challenge the status quo; exhibits a mindset of creativity, innovation, teamwork, and an energetic drive to succeed. Able to set and meet aggressive goals and action plans, both as an individual and across the department. Able to execute against multiple projects/workstreams and excel in a fast-paced environment.Leadership – A proven leader able to build, lead, motivate and retain a high performing team. Skillfully coaches and mentors’ professionals. Gets the best performance from people. Taps into people’s needs, interests, and goals to motivate them to achieve. Inspires commitment from people and mobilizes teams toward high performance and goal achievement.Preferred Skills/ExperienceBachelor’s degree (preferably in Accounting, Finance, Management Information Systems, International Business).Ten or more years of progressive experience in internal auditing, first line, second line, financial services regulatory, other relevant experience.Eight or more years of Credit and/or Debit Card product focused audit experience and expert understanding of applicable laws, regulations, technology, and regulatory trends that impact these products in the U.S., Canada, and Europe. Five or more years of managerial experience. CIA, CPA, CISA or other relevant professional designation.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 (some may vary based on role, location or hours):Healthcare (medical, dental, vision)Basic term and optional term life insuranceShort-term and long-term disability401(k) and employer-funded retirement planPaid vacation (from two to five weeks depending on salary grade and tenure)Up to 11 paid holiday opportunitiesEEO is the LawU.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.
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