Bank Of America Corporation Dallas , TX 75201
Posted 2 weeks ago
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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!
Job Description:
This job is responsible for overseeing assigned areas of audit work acting as an Auditor-in-Charge (AIC), and executing on the audit strategy for Lines of Business (LOBs). Key responsibilities include driving risk-based auditing by defining scope and test procedures to evaluate the control environment in conformance with audit policies, assessing issues for business impact and recommending severity ratings, drafting audit reports, and managing business partner relationships. Job expectations include fostering an inclusive work environment, and mentoring team members.
Responsibilities:
Executes audit strategy for the sound application of risk-based auditing by defining audit scope and audit programs, and drafting audit reports leveraging automation and innovative methods in a timely and high quality manner
Acts as Auditor-in-Charge (AIC) by overseeing audit testing and ensuring it is executed in a timely manner and conforms with quality standards, audit policies, and procedures
Assesses impacts to business processes, controls, and strategies to provide recommendations on severity ratings and escalate broad themes or trends accordingly based on existing business knowledge
Exercises intellectual curiosity and judgment to effectively influence and challenge management to improve the control environment and drive continuous improvements on audit
Oversees a team of associates and provides day-to-day mentoring and guidance and fosters an inclusive work environment
Maintains business partner relationships, primarily with line management, to develop business knowledge
Exercises sound knowledge of product, business, and technical expertise to effectively challenge management to improve the control environment
Required Skills:
5+ years of experience in Consumer Product, Audit, Operations, Business Controls, and/or risk management experience
Risk assessment skillset to enable evaluation of processes and other operational risks, identification of controls and determination of gaps and weaknesses
Strong written/verbal communication skills with the ability to communicate issues/concerns and recommend corrective course of action
Intellectual curiosity to identify areas of risk coupled with the analytic, logical reasoning, and problem solving, risk vs. reward skills to effectively and objectively investigate/evaluate areas of risk
Must be have good time management skills and the ability manage multiple priorities in a fast paced environment
Ability to work well and collaboratively as part of a team and function independently when required
Capability to effectively influence risk direction and willingness to take a stand when required
Bachelor's Degree
At least 3 years of experience leading audits and performing in the role of auditor-in-charge
Internal Audit Review
Issue Management
Risk Management
Audit Planning
Analytical Thinking
Project Management
Relationship Building
Business Acumen
Coaching
Written Communications
Automation
Technical Documentation
Attention to Detail
Critical Thinking
Desired Skills:
Risk, testing, compliance or audit experience.
Project Management experience
Effective ability to influence, drive change and resolve conflicts
Knowledge of Bank of America's various products and systems
Shift:
1st shift (United States of America)
Hours Per Week:
40
Bank Of America Corporation