Senior Audit Manager - Capital Markets

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.

The Senior Audit 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 senior-level 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. As a people leader, the Senior Audit Manager is accountable for leading audit teams, developing talent, managing performance, and driving consistent execution of high-quality audit coverage across complex Capital Markets activities.

Audit Planning & Risk Assessment   Own and maintain a risk-based audit plan for Capital Markets and broker-dealer activities, including identification of auditable entities, risk assessment, audit cycle planning, and alignment with enterprise audit priorities.   Monitor emerging risks, regulatory expectations, business changes, integrations, and market developments; adjust audit coverage and continuous monitoring activities accordingly.   Lead audit universe maintenance and overall audit strategy for assigned Capital Markets coverage areas.   Provide senior-level perspective on the quality of risk management, control environment trends, and coverage needs for Capital Markets and broker-dealer activities.   Audit Execution & Quality Assurance   Oversee the planning, scoping, execution, issue validation, and reporting of complex audit engagements across Capital Markets activities.   Evaluate and challenge the design and operating effectiveness of controls across business processes, systems, products, and activities.   Ensure audit workpapers, testing, issue documentation, and reporting meet CAS policies, IIA Standards, and internal quality expectations.   Review and approve audit deliverables, including risk assessments, engagement plans, workpapers, issue write-ups, management action plans, and final reports.   Drive consistent, timely, and high-quality execution across multiple engagements, priorities, and audit resources.   Stakeholder Engagement & Reporting   Build and maintain trusted relationships with business line leadership, risk, compliance, operations, technology, and other assurance functions.   Provide credible challenge on risk identification, control design, control effectiveness, remediation plans, and management responses.   Communicate audit results, themes, emerging risks, and insights to senior management, governance forums, and CAS leadership.   Partner across the three lines of defense to support coordinated and effective audit coverage, while maintaining CAS independence and objectivity.   People Leadership & Talent Development   Lead, manage, coach, and develop a team of audit professionals supporting Capital Markets audit coverage.   Set clear performance expectations, provide timely feedback, support career development, and foster accountability for high-quality execution.   Manage staffing, resource allocation, engagement assignments, and workload across assigned audit activities.   Support recruiting, onboarding, retention, succession planning, and development of specialized Capital Markets audit talent.   Promote an inclusive, collaborative, and results-oriented