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Assistant Internal Audit Risk Management Jobs in Chicago, IL

Pwc

Internal Audit/SOX - Manager

Chicago, IL · On-site

$104K - $138K/yr

They evaluate compliance with regulations including assessing governance and risk management processes and related controls. Those in internal audit at PwC help build, optimise and deliver end-to-end ...

NorthShore

Assistant Vice President, Audit

Warrenville, IL · On-site

$90.48 - $140.24/hr

Assistant Vice President, Audit The Assistant Vice President, Audit is a strategic and tactical ... Integration with Enterprise Risk Management (ERM) Program: * Serve as Internal Audit's primary ...

Circle

Senior Manager, Internal Audit

Chicago, IL · Remote

$175K - $227K/yr

Play an integral role in Circle National Trust's annual risk assessments, identifying potential areas of exposure and improvement. * Support Circle Internet Financial's overall internal audit program ...

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All JobsInternal Audit Risk Management JobsAssistant Internal Audit Risk Management JobsAssistant Internal Audit Risk Management Jobs in Chicago, IL

Assistant Internal Audit Risk Management information

See Chicago, IL salary details

$29.9K

$49.9K

$71.6K

How much do assistant internal audit risk management jobs pay per year?

As of Aug 8, 2026, the average yearly pay for assistant internal audit risk management in Chicago, IL is $49,855.00, according to ZipRecruiter salary data. Most workers in this role earn between $43,300.00 and $50,000.00 per year, depending on experience, location, and employer.

What is the difference between Assistant Internal Audit Risk Management vs Assistant Internal Auditor?

AspectAssistant Internal Audit Risk ManagementAssistant Internal Auditor
CertificationsCPA, CIA, or CISA often preferredCPA, CIA, or CISA often preferred
Work EnvironmentFocus on risk management, compliance, and audit planning within organizationsConducts audits, tests controls, and reports findings
Employer & Industry UsageUsed in finance, banking, and corporate sectors for risk oversightCommon in internal audit departments across industries

Both roles require similar certifications and work in internal audit environments, but Assistant Internal Audit Risk Management emphasizes risk assessment and mitigation strategies, while Assistant Internal Auditor focuses on executing audit procedures and testing controls. The former is more strategic, whereas the latter is more operational.

What are the most commonly searched types of Internal Audit Risk Management jobs in Chicago, IL? The most popular types of Internal Audit Risk Management jobs in Chicago, IL are:
Assistant Internal Audit Risk Management jobs near you

Senior Audit Project Manager - Credit Risk

US Bank

Chicago, IL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 17 days ago

U.S. Bank rating

8.2

Company rating: 8.2 out of 10

Based on 360 frontline employees who took The Breakroom Quiz

51st of 170 rated banks

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 Project Manager is a seniorlevel auditor responsible for leading and executing highquality audit engagements covering U.S. Bancorp's credit risk management activities. This role is designed for an experienced internal auditor who brings deep proficiency in audit methodology and execution, along with substantial experience auditing creditrelated areas within a large financial institution.

The Senior Audit Project Manager supports the CAS Senior Audit Manager - Credit Risk in delivering independent assurance and advisory services to senior management and the Audit Committee. The role evaluates the effectiveness of governance, risk management, and internal controls across credit risk processes, including but not limited to credit monitoring, credit reporting, CECL, credit analytics, and credit risk (loan) review.

While this position has no direct reports, it carries significant responsibility for independently completing audit engagements with minimal supervision, providing technical leadership on credit risk audits, and ensuring work meets CAS quality standards and professional auditing requirements.

Primary Responsibilities

  • Independently lead and execute audit engagements, or supervise audit staff when applicable, ensuring timely delivery of highquality, wellsupported audit results.

  • Review and assess audit work to confirm accuracy, completeness, relevance, and adherence to internal audit policies, procedures, and IIA Standards.

  • Evaluate audit issues to ensure appropriate identification of risk exposures, root causes, and practical, effective management action plans.

  • Plan audit engagements by:

    • Understanding and documenting business processes

    • Identifying key risks and controls

    • Assessing control design and operating effectiveness

    • Developing audit programs that clearly support audit objectives

  • Support audit reporting and wrapup activities, including issue disposition and contribution to clear, concise, and wellsupported audit reports.

  • Monitor engagement progress against plan and schedule, proactively addressing risks to delivery and ensuring timely workpaper reviews.

  • Provide onthejob coaching and technical guidance to audit staff, with emphasis on audit execution quality and credit risk subjectmatter application.

  • Collaborate across the three lines of defense and with other CAS audit teams to ensure coordinated, riskfocused, and efficient audit coverage of creditrelated activities.

  • Perform other duties as assigned by management.

Basic Qualifications

  • Bachelor's degree, or equivalent work experience

  • Typically more than 10 years of applicable experience

Preferred Skills and Experience

  • 5 or more years of largebank internal audit experience, including coverage of credit risk-related audit areas, such as (but not limited to):

    • Credit review and loan review functions

    • Credit risk monitoring and reporting

    • CECL, credit loss forecasting, and credit analytics processes

    • Regulatory or supervisory creditfocused testing

  • Experience may be gained through internal audit roles, regulatory agency examinations, or creditfocused audit work at a large public accounting or consulting firm.

  • Strong understanding of banking regulations, safetyandsoundness expectations, and regulatory trends affecting credit risk management.

  • Working knowledge of the IIA Practice Guide on Reliance on Other Assurance Providers.

  • Thorough understanding of IIA Standards and internal control frameworks.

  • Exceptional written and verbal communication skills.

  • Demonstrated critical thinking, professional skepticism, and analytical judgment.

  • Proven ability to manage multiple priorities and adapt to changing audit plans.

  • CIA or other relevant professional certification, or advanced degree, strongly preferred.

*This role requires working from a U.S. Bank location three (3) or more days per week.

If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to ourdisability 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 theE-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: $133,365.00 - $156,900.00

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.

What U.S. Bank employees say

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About U.S. Bank

Sourced by ZipRecruiter

U.S. Bank is a reputable and established financial institution that plays a significant role in the banking sector. With a history spanning over 150 years, U.S. Bank has built a strong foundation of trust and reliability. As a comprehensive bank, they offer a wide array of financial products and services to cater to the diverse needs of their customers, including individuals, businesses, and communities. Customer satisfaction is of utmost importance to U.S. Bank. They prioritize delivering exceptional service and fostering long-term relationships with their clients. Through their extensive network of branches and advanced digital banking platforms, U.S. Bank ensures convenient access to their services, empowering customers to manage their finances efficiently and securely.

Industry

Banking and credit intermediation

Company size

10,000+ Employees

Headquarters location

Minneapolis, MN, US

Year founded

1863

Social media

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