Audit Project Manager – Wealth, Corporate, Commercial and Institutional Banking

Company: U.S. Bank
Location: Minneapolis
Posted on: April 1, 2026

Job Description:

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 U.S. Bank Corporate Audit Services (CAS) is seeking a strong candidate to join our growing team of audit professionals supporting the Wealth Management and Investment Services team. This role will support development and implementation of an audit coverage strategy for Personal Trust and Institutional Investment Services products and services, key risk and regulatory themes spanning fiduciary and asset management topics, and continuous monitoring of strategic initiatives and business changes. The audits conducted by the candidate support execution of the Audit Committee’s approved plan and provide Senior Management with recommendations to strengthen key business processes and provide independent opinions on the Company’s governance, risk management framework and supporting control processes. The Corporate Audit Services Audit Project Manager is also responsible for partnering with U.S. Bank’s Wealth Management and Investment Services businesses and other Risk/Compliance/Audit (RCA) professionals to create, implement, maintain, review or oversee an effective risk management framework. This role leads risk-based audit projects and/or activities that ensure compliance with applicable federal, state, and local laws and regulations; identifies gaps and provides informed solutions that minimize losses resulting from inadequate internal processes, systems or human errors; identifies, responds and/or escalates risks as appropriate. The CAS Audit Project Manager serves as a functional liaison between the Line of Business and the Lines of Defense. This role is responsible for leading and coordinating the execution of the audit plan across personal trust and wealth management auditable entities, with additional exposure to investment management and fiduciary activities. The Audit Project Manager oversees end?to?end audit delivery, ensuring projects are executed on time, within scope, and in alignment with internal audit methodology and regulatory expectations. The Audit Project Manager guides risk assessment activities, oversees walkthroughs and process documentation, and ensures high?quality evaluation of control design and operating effectiveness. The role requires strong experience assessing regulatory, operational, and governance controls, developing detailed process flows, and identifying control gaps that inform impactful audit outcomes. In addition to project oversight, the Audit Project Manager drives the integration of data analytics and emerging AI?enabled techniques to enhance audit coverage, efficiency, and insights. The role partners closely with stakeholders, manages team assignments and progress, reviews workpapers, and provides coaching to ensure audit quality and consistency. Primary Responsibilities: Partners with their assigned Line of Business, other Risk/Compliance/Audit (RCA) professionals, and RCA Managers to, depending on their function, create, implement, maintain, review or oversee an effective risk management framework. Participates in projects and/or activities that ensure compliance with applicable federal, state, and local laws and regulations. Identifies gaps and inform solutions that minimize losses resulting from inadequate internal processes, systems or human errors. Identifies, responds and/or escalates risks as appropriate. Serves as a functional liaison between the Line of Business and the Lines of Defense. Basic Qualifications - Bachelor's degree, or equivalent work experience - Typically, more than six years of applicable experience Preferred Skills/Experience Advanced knowledge of fiduciary responsibilities related to 12 CFR 9 Applicable professional certifications CPA, CIA, CFIRS, AFIM, CTFA, AIF, PMP Considerable knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business Considerable understanding of the business line’s operations, products/services, systems, and associated risks/controls Thorough knowledge of Risk/Compliance/Audit competencies Strong analytical, process facilitation and project management skills Effective presentation, interpersonal, written and verbal communication skills Effective relationship building and negotiation skills Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications and word processing, spreadsheets, databases, and presentations INDMO Location expectations 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: $105,400.00 - $124,000.00 U.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.

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