Senior Audit Manager – Quality Assurance

Company: U.S. Bank
Location: Minneapolis
Posted on: April 5, 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 The Corporate Audit Services (CAS) Senior Audit Manager – Quality Assurance is a leadership role responsible for overseeing the Internal Audit Quality Assurance and Improvement Program (QAIP) and safeguarding the consistency, credibility, and effectiveness of audit execution and reporting across the Internal Audit function. This role serves as the enterprise leader for audit quality , providing independent, objective oversight of conformance with Internal Audit policy, the Global Internal Audit Standards, and applicable regulatory expectations. The position enables Internal Audit to deliver reliable, risk?based assurance and insight to the Board, senior management, and regulators by promoting disciplined execution, sound professional judgment, and continuous improvement at scale. The Senior Audit Manager – Quality Assurance partners closely with Audit Directors, Professional Practices, and Internal Audit leadership to identify systemic quality themes, strengthen audit methodology, enhance auditor capability, and ensure sustained readiness for regulatory and external quality assessments. This role functions as a critical control within Internal Audit , preserving independence while reinforcing trust, transparency, and accountability. RESPONSIBILITIES Lead and operationalize the Internal Audit Quality Assurance and Improvement Program (QAIP), including ongoing monitoring, internal assessments, issue validation, and coordination of external quality assessments in accordance with professional standards. Provide independent oversight of audit quality across the audit lifecycle, including planning, risk assessment, testing, issue development, reporting, and conclusion formation. Assess conformance with Internal Audit policy, professional standards, and regulatory expectations, ensuring audit conclusions are supported by sufficient, reliable, and relevant evidence. Identify systemic quality themes, trends, and root causes across audit portfolios; elevate insights to Internal Audit leadership and recommend corrective actions and enhancements. Partner with Audit Directors and Professional Practices to drive consistent application of methodology, reinforce due professional care and skepticism, and promote sound professional judgment. Strengthen Board and regulatory confidence by supporting transparent, accurate reporting on Internal Audit quality, performance, and remediation of identified quality issues. Support auditor development and capability building by providing targeted feedback, training input, and guidance on quality expectations and best practices. Maintain regulatory and stakeholder readiness by supporting examinations, validations, and inquiries related to Internal Audit quality and conformance. Contribute to continuous improvement initiatives by influencing enhancements to audit methodology, tools, templates, and governance processes based on QA insights. Lead and develop Quality Assurance team members, setting clear expectations, providing coaching, and fostering a culture of accountability, objectivity, and continuous improvement. Perform other duties as requested by the Senior Audit Director or Chief Audit Executive. SENIOR AUDIT MANAGER WILL EXHIBIT Audit Quality & Standards Expertise – Deep understanding of internal audit standards, regulatory expectations, and leading practices for audit quality and assurance in large, complex financial institutions. Professional Judgment & Objectivity – Demonstrated ability to evaluate audit work critically, apply sound judgment, and maintain independence while constructively challenging audit teams and leadership. Leadership & Influence – Proven capability to influence senior stakeholders, partner effectively across portfolios, and drive consistent quality outcomes in a matrixed environment. Analytical & Thematic Insight – Strong ability to synthesize detailed quality observations into meaningful themes, trends, and enterprise?level insights. Communication & Presence – Clear, concise communicator with the ability to articulate quality expectations, findings, and recommendations to senior leadership and regulators. QUALIFICATIONS / EXPERIENCE Bachelor’s degree in Accounting, Finance, Business, Risk Management, or a related field. Twelve or more years of progressive experience in internal audit, risk management, compliance, or a related control function within a large financial institution. Three or more years of experience leading teams or complex audit, quality, or assurance initiatives. Strong working knowledge of internal audit standards, QAIP requirements, audit methodology, and regulatory supervisory expectations. Demonstrated experience evaluating audit quality, professional judgment, and audit evidence sufficiency across diverse risk domains. Excellent written and verbal communication skills. Preferred: Professional certifications such as CIA, CPA, CISA, or equivalent. Experience supporting regulatory exams or external quality assessments. Experience in a large, complex U.S. financial institution. 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: $149,515.00 - $175,900.00 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.

Keywords: U.S. Bank, Woodbury , Senior Audit Manager – Quality Assurance, Accounting, Auditing , Minneapolis, Minnesota