U.S. Bank

Senior Audit Project Manager – AI

U.S. Bank

full-time

Posted on:

Location Type: Hybrid

Location: Illinois • Minnesota • United States

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Salary

💰 $133,365 - $156,900 per year

Job Level

Senior

About the role

  • 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
Benefits
  • 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

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
AI governance frameworksNIST AI Risk Management FrameworkISO/IEC 42001EU AI ActOCC guidelinesaudit AI lifecycle controlsrisk assessment for AI use casesbias detectionperformance metricspreparing audit reports
Soft skills
collaborative approachstrong understanding of ethical AI principlesfairnesstransparencyaccountabilityexplainability