Audit Project Manager - Finance - Corporate Functions

At U.S. Bancorp India, we’re on a journey to do our best. 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. Bancorp India 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 CAS Audit Project Manager is primarily responsible for completing internal audit engagement assignments with minimal supervision from audit team management. The Audit Project Manager is expected to understand risk and risk management techniques, identify and analyze business processes, key risks and critical controls, and evaluate control design adequacy; perform or supervise control testing; and document work performed in conformance with internal audit policies and procedures. This individual may also be involved in other side projects, department initiatives, and other administrative audit activities. The ideal candidate has internal audit experience in the financial services industry in areas including Financial Reporting, Accounting, Tax, SOX, Regulatory Compliance, Risk Management, etc.   The primary focus of this role over the next 36 months includes completing annual key SOX financial statement control testing for internal audit and other audit support work specific to Finance. Internal audit performs SOX testing on behalf of management to ensure strong reliance by external auditors. The role may directly or indirectly lead team members. Key accountabilities: • Performing control testing and/or supervising staff auditors performing control testing based on audit program directions. Includes using appropriate sampling and control testing techniques; identifying and assessing the relevance of possible issues; and documenting work performed to support audit scope and conclusions, to facilitate an efficient review, and to meet internal audit policies and procedures. • Drafting audit issues under the supervision of audit team management. Includes drafting potential exposures and significance, identifying appropriate root causes, and developing operationally effective and cost-effective recommendations. • Assisting audit team management in the reporting and wrap-up phases of audits. Includes assisting with drafting audit reports. • Learning from and applying coaching received. • Serving as a subject matter expert in a particular topic, helping drive strategy, and may support multiple audit engagements covering the related topics. • Handling complex tasks autonomously and being able to influence business line understanding of risk mitigation. • Performing other duties as requested by audit team management. • Assisting audit team management in planning audit engagements. Includes understanding risk and risk management techniques; identifying and analyzing business processes, key risks, and critical controls; interviewing auditees; and evaluating control design adequacy. • Providing coaching and on-the-job training for team members, as applicable, to ensure engagements are completed in conformance with internal audit policies and procedures. • Partnering with the assigned line of business, other Risk/Compliance/Audit (RCA) professionals and managers, and RCA Managers to, depending on their function, create, implement, maintain, review or oversee an effective risk management framework. • Participating in projects and/or activities ensure compliance with applicable federal, state, and local laws and regulations. • Identifying gaps and informing solutions that minimize losses resulting from inadequate internal processes, systems, or human errors. • Identifying, responding to, or escalating risks, as ap