Job Description
Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description: This job is responsible for auditing Lines of Business (LOBs) ranging in scale and scope. Key responsibilities include developing audit plans, assessing issues for impact, assigning severity ratings, producing audit reports, and managing business partner relationships. Job expectations may include evaluating the control environment, fostering an inclusive work environment, and managing development of personnel.
Responsibilities: - Audits Lines of Business (LOBs) ranging in scale and scope and produces audit reports in a timely manner that summarize results of an audit to management
- Develops an audit plan, assesses risks, and provides appropriate coverage for current and/or emerging risks
- Leverages a risk mindset to proactively identify risks, analyze themes, and continually evaluate areas of priority against the company's risk profile and control environment
- Supports Corporate Audit's mission, goals, and strategies, and drives operational effectiveness while demonstrating a strategic mindset and leading and supporting change
- Leads the design and promotes the use of innovative tools and technological elements to drive continuous coverage of company risks
- Maintains business partner relationships for areas assigned and challenges business management to adopt appropriate policies, procedures, and effective controls designed to mitigate risks
- Manages team performance by training, mentoring, defining development plans for team
Required Qualifications: - 10+ years of general auditing experience with a finance or control function, internal audit function or public accounting firm, preferably within the Banking or Financial Services industry
- Intermediate Analytical / Automation Skills (SQL, SAS, Advanced Excel and Access)
- Ability to execute audit test plans within a risk based audit methodology
- Sound organizational, analytical, oral and written communication skills
- Self-starter, desire to learn able to teach others, positive attitude, exhibits flexibility
- Ability to work in a very detailed manner
- Intermediate Analytical / Automation Skills (SQL, SAS, Advanced Excel and Access)
- Proficiency in Microsoft Office Products
Desired Qualifications: - Bachelor's or advanced degree
- Certifications: CAMS, CIA, CPA etc.
- Experience with automation and data analytics
- Experience engaging with regulators
- Experience in Financial Crime Regulatory Compliance (BSA/AML and Sanctions)
Skills: - Audit Planning
- Coaching
- Internal Audit Review
- Issue Management
- Risk Management
- Business Acumen
- Critical Thinking
- Project Management
- Relationship Building
- Written Communications
- Regulatory Relations
- Talent Development
- Technical Documentation
- Workforce Diversity Management
Shift: 1st shift (United States of America)
Hours Per Week: 40
Pay Transparency details US - CT - East Hartford - 101 E River Dr - One Riverview Square (CT2550), US - IL - Chicago - 540 W Madison St - Bank Of America Plaza (IL4540)
Pay and benefits information
Pay range
$141,100.00 - $199,000.00 annualized salary, offers to be determined based on experience, education and skill set.
Discretionary incentive eligible
This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.
Benefits
This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve. Bank of America
Job Tags
Shift work, Day shift,