FAQs
What is the primary role of the Audit Manager at U.S. Bank?
The Audit Manager supports internal audit leadership by providing independent assurance and advisory services to evaluate and improve risk management, control, and governance processes for U.S. Bancorp and its subsidiaries, specifically focusing on European operations.
What are the key responsibilities of the Audit Manager?
Key responsibilities include supervising audit staff, developing risk-based audit plans, performing continuous monitoring activities, preparing stakeholder reports, and managing team workloads.
What qualifications are required for this position?
A Bachelor's Degree or Honours (Level 8) degree in accounting or finance or equivalent work experience, along with typically over 10 years of applicable experience, is required.
Is a professional certification preferred for this position?
Yes, a Certified Internal Auditor (CIA) designation or other relevant professional designations is preferred.
What experience is preferred for candidates applying for this role?
Preferred experience includes audit experience in banking, knowledge of European regulatory requirements, and familiarity with areas such as payment services and fund administration.
How does the role support team development and management?
The Audit Manager is responsible for managing, motivating, and developing assigned personnel, including participation in recruitment activities and providing ongoing performance feedback.
Is there a specific focus on European operations in this role?
Yes, the Audit Manager specifically supports U.S. Bank's European entities, including the U.S. Bank Europe Designated Activity Company (USBE) and Global Funds Services (GFS).
What skills are important for success in this position?
Important skills include strong communication, critical thinking, analytical skills, project management, and the ability to manage multiple tasks and deadlines simultaneously.
Are there opportunities for career growth in this role?
Yes, the position offers development resources and opportunities for career growth as part of U.S. Bank's commitment to employee development.
What benefits does U.S. Bank offer to its employees?
U.S. Bank offers a diverse working environment, health and financial security benefits, and invests in employee career growth through development resources.