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Senior Audit Project Manager - AI

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U.S. Bank National Association

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Location:
United States , Minneapolis ▼

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Category:
Finance

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Contract Type:
Not provided

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Salary:

133365.00 - 156900.00 USD / Year
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Job Description:

The Corporate Audit Services (CAS) Senior Audit Project Manager 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.

Job Responsibility:

  • Supports the assessment of the effectiveness of the frameworks in alignment with industry standards, such as NIST, and broader AI governance principles, including ethical, legal, and operational aspects
  • Identifies gaps, risks, and areas for improvement in AI governance, risk management, and compliance
  • Provides actionable best practices for strengthening the AI governance framework and ensuring alignment with emerging standards, regulatory requirements, and best practices

Requirements:

  • Bachelor's degree, or equivalent work experience
  • Typically more than 10 years of applicable experience
  • Expertise in AI governance frameworks such as NIST AI Risk Management Framework, ISO/IEC 42001, EU AI Act, and OCC guidelines
  • Ability to audit AI lifecycle controls including development, validation, and monitoring aligned with SR 11-7 and internal model governance standards
  • Strong understanding of ethical AI principles including fairness, transparency, accountability, and explainability
  • Knowledge of regulatory and compliance requirements including GDPR, CCPA, and AI-specific mandates
  • Skilled in risk assessment for AI use cases, including bias detection, interpretability, and performance metrics
  • Experience in evaluating third-party AI vendor compliance and contractual obligations
  • Proficiency in preparing clear, actionable audit reports for senior leadership and regulators
  • Collaborative approach to work with data, compliance, and technology teams
What we offer:
  • 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

Additional Information:

Job Posted:
February 20, 2026

Expiration:
February 25, 2026

Employment Type:
Fulltime
Work Type:
On-site work
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