Senior Audit Project Manager - Capital Markets
U.S. Bank · New York, United States +5 · 10d ago
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 Senior Audit Project Manager within Corporate Audit Services (CAS) delivers independent assurance and advisory services to evaluate and improve U.S. Bancorp’s (USB) risk management, control, and governance processes across the enterprise, including affiliates and majority-owned entities. This role provides dedicated audit coverage for Capital Markets and institutional broker-dealer activities, partnering with risk, compliance, operations, and technology stakeholders to assess end-to-end processes and controls.
About Capital Markets
U.S. Bank’s Capital Markets platform serves institutional and corporate clients through broker-dealer and related operating models spanning investment banking, institutional sales and trading, prime brokerage and outsourced trading, electronic/systematic trading, and research/corporate access. The platform operates across the U.S., U.K., Australia, Hong Kong, and Singapore.
Role Overview
The Senior Audit Project Manager leads complex audits aligned to CAS policies, IIA Standards, and applicable regulatory requirements. The role focuses on end-to-end engagement management (planning through reporting), risk assessment and continuous monitoring, quality assurance over workpapers and reporting, and effective coordination across the three lines of defense to deliver timely, high-quality results.
Primary Responsibilities
Audit Planning & Risk Assessment
Develop and maintain a risk-based audit plan for Capital Markets and broker-dealer activities, including identification of auditable entities, risk assessment, and audit cycle planning.
Monitor emerging risks and adjust audit coverage accordingly.
Contribute to audit universe maintenance and overall audit strategy.
Audit Execution & Quality Assurance
Independently plan, scope, and lead end-to-end audit engagements, including planning, fieldwork, issue identification, and reporting.
Evaluate the design and operating effectiveness of controls across business processes, systems, and activities.
Review audit workpapers to ensure quality, accuracy, and adherence to CAS policies and IIA Standards.
Draft clear, concise audit reports that effectively communicate risks, issues, and recommendations.
Stakeholder Engagement & Reporting
Build and maintain strong relationships with business line leadership, risk, compliance, and other assurance functions.
Provide credible challenge on risk identification, control design, and control effectiveness.
Communicate audit results, themes, and insights to senior management and governance forums.
Partner across the three lines of defense to support coordinated and effective audit coverage.
Leadership & Execution Support
Supervise and coordinate engagement resources, including internal staff and co-sourced teams.
Provide coaching, guidance, and performance feedback to audit staff.
Support recruiting, onboarding, and professional development initiatives.
Other Responsibilities
Support cross-functional audits, enterprise initiatives, and special projects as needed.
Basic Qualifications
- Bachelor’s degree or advanced degree, or equivalent relevant work experience.
- Typically more than 8 years of experience in audit, risk management, compliance, or related financial services functions
Preferred Skills/Experience
Strong audit experience covering trading-related activities, including institutional equities trading, electronic and systematic trading models, outsourced trading, prime brokerage, and capital markets products, with exposure to associated risk, compliance, and control frameworks across U.S., U.K., and Asia
Subject matter expertise in multi-product capital markets and broker-dealer audit domain, including front-to-back business and operating models (sales and trading, risk and control functions, clearing and settlement), supporting technology platforms, and global operating structures
Demonstrated ability to independently execute audit engagements and manage multiple complex priorities
Strong knowledge of audit, risk, and compliance frameworks, including IIA Standards and internal control principles
Advanced analytical, critical thinking, and problem-solving skills, with the ability to assess complex products, processes, and risks
Strong business acumen and ability to build credibility with business line and control partners
Excellent written and verbal communication skills, including the ability to effectively engage senior stakeholders
Proven ability to manage and deliver complex initiatives (e.g., integrations, system changes, regulatory remediation)
Professional certifications preferred (e.g., CIA, CPA, CISA)
*This role requires working from a U.S. Bank location three (3) or more days per week.
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:
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:
Healthcare (medical, dental, vision)
Basic term and optional term life insurance
Short-term and long-term disability
Pregnancy disability and parental leave
401(k) and employer-funded retirement plan
Paid vacation (from two to five weeks depending on salary grade and tenure)
Up to 11 paid holiday opportunities
Adoption assistance
Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
Review our full benefits available by employment status here.
U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.
E-Verify
U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $132,260.00 - $155,600.00U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.
Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.
Posting may be closed earlier due to high volume of applicants.