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 an 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 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

Skills:

Analytical Thinking

Audit Planning

Internal Audit Review

Issue Management

Risk Management

Business Acumen

Coaching

Project Management

Relationship Building

Written Communications

Attention to Detail

Automation

Critical Thinking

Technical Documentation

Required Qualifications:

7+ years in Audit, Compliance, Risk, Business Controls, or other related experience

Consumer compliance regulatory knowledge

Excellent project management, interpersonal, oral and written communication skills; strong attention to detail and accuracy

Exceptional analytical and critical thinking abilities; Able to develop and convey a point of view

Professionalism, dependability, integrity and trustworthiness combined with a cooperative attitude. Able to thrive in a dynamic team environment 

Highly motivated self-starter with ability to multitask and complete assignments within time constraints and deadlines. Individual with desire to learn and teach others, high energy, positive attitude

Proficiency in Microsoft Office products  

Bachelor’s Degree or equivalent work experience

Desired Qualifications:

Professional Compliance or Audit Certification desired (e.g. CRCM (Certified Regulatory Compliance Manager), CIA (Certified Internal Auditor)

Experience with automation, machine learning, or artificial intelligence

Shift:

Hours Per Week: