Audit Manager

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, enabling the communities we support to grow and succeed in the right ways, all more confidently and more often—that’s what we call the courage to thrive.   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. Try new things, learn new skills and discover what you excel at—all from Day One. 

As a wholly owned subsidiary of U.S. Bank, Elavon is committed to building the platforms and ecosystems that help over 1.5 million customers around the world to achieve their financial goals—no matter what they need. From transaction processing to customer service, to driving innovation and launching new products, we’re building a range of tailored payment solutions powered by the latest technology. As part of our team, you can explore what motivates and energizes your career goals: partnering with our customers, our communities, and each other. 

Job Description

The Corporate Audit Services (CAS) Audit Manager supports internal audit leadership 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. This position supports the European Union (EU) operations of USB namely U.S. Bank Europe Designated Activity Company (USBE) and Global Funds Services (GFS). USBE is an Irish credit institution subsidiary of U.S. Bank.  USBE is headquartered in Cherrywood and has operations in the following EU jurisdictions:  Ireland, United Kingdom, Norway, Luxembourg, Spain, Germany, and Poland.  GFS provides fund administration services to authorised UCITS and AIFs in Ireland and Luxembourg. 

Responsibilities:

• Supervising audit staff 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 reviews to ensure work contains relevant facts to support audit scope and conclusions and adheres to internal audit policies and procedures; drafting audit reports which communicate audit opinions and audit issues in a timely, clear, and concise manner; and monitoring progress of audit engagements against plan and schedule and making necessary adjustments.
• Support Audit leadership in developing an appropriate risk-based audit plans for USB European entities. This 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
• Performing continuous monitoring activities (working closely with senior management and risk management) and adjusting the audit plan when appropriate
• Preparing and reviewing 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
• Interacting regularly with business line and risk management leaders, regulators, and external subject matter experts
• Collaborating across the three lines of defence regarding business processes, risks, and controls. Coordinating audit activities by integrating with internal audit subject matter teams (primarily process auditable entity owners) to ensure appropriate coverage of products/services and processes
• Managing direct team’s workload to assist other audit teams when resources are needed for areas of higher risk
• Managing, motivating, and developing assigned personnel in accordance with U.S. Bank Human Resources and internal audit policies and procedures. These duties include active participation in recruiting activities; establishing and managing development plans for assigned personnel; and providing ongoing performance feedback, including annual performance evaluations for assigned personnel. The Senior Audit Manager must also address performance problems promptly
• Performing other duties as required by senior internal audit management

Qualifications:

• A Bachelor’s Degree or Honours (Level 8) degree from an accredited university preferably with a major in accounting or finance, or equivalent work experience.
• Typically, more than 10 years of applicable experience  

Preferred Skills/Experience: 

• Certified Internal Auditor (CIA) or other relevant professional designation or advanced degree
• Audit experience in Banking, in particular Prudential Requirements, Payment Services and Wealth Management. Knowledge of IT, IS and operational resiliency is also desirable.
• Knowledge of European regulatory requirements including those related to credit institutions and fund administration.
• Regulatory engagement experience including regulatory interaction and regulatory issue validation.
• Relevant experience in key areas including: Payment Services/Credit Card industry knowledge including merchant acquiring, corporate trust and fund services
• Excellent verbal and written communication skills 
• Strong critical thinking and analytical skills and project management skills.
• Ability to manage multiple tasks and deadlines simultaneously.
• Proven adaptability to changing priorities.
• Ability to build and continuously improve working relationships with internal audit peers, business line leaders, and partners (risk and compliance).
• Ability to operate effectively in a high matrixed organisation such as USB’s European Operations.
• Experience in auditing business integration initiatives and new product roll outs.

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If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Benefits:

We offer an exciting, fast-paced and diverse working environment with employees of many different nationalities. We provide benefits to help you protect your health and financial security; and give you peace of mind. We also invest in your career growth with development resources that give you the opportunity to stretch and shine.