SENIOR AUDIT MANAGER - AUDIT PRACTICES

Senior Audit Manager - Audit Practices

Charlotte, North Carolina;Atlanta, Georgia; East Hartford, Connecticut; Dallas, Texas; Providence, Rhode Island; Wilmington, Delaware

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 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.

This job is also responsible for ownership of Continuous Risk Monitoring processes and Regulatory Change Management for Corporate Audit.

Key responsibilities include driving the strategy for Continuous Risk Monitoring, including Risk Indicators and Analytics in alignment with Regulatory Requirements as well as the strategy for Regulatory Change Management and ongoing identification and impact assessment of regulatory changes impacting Corporate Audit.

Job expectations include identifying and defining processes to evaluate the risk environment .

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
• Develops a strategy for the Audit division to drive consistent Continuous Risk Monitoring processes and Regulatory Change Management.

Defines and executes projects plans to drive change, engaging with Product Owners to determine impacts to Audit Tools and enhancement opportunities.

• End to End Process ownership including driving Process improvements, monitoring process health and Process Documentation.
• Maintains stakeholders relationships with Product Owners and Audit teams and ensures adoption of appropriate policies, procedures, and effective controls to mitigate risks

Required Qualifications :

• 8 years' experience in Audit / Risk Management, or combination of Audit / Risk Management and data analytics.
• Ability to explain complex processes and concepts Strong understanding of technology capabilities
• Strong organizational, analytical, oral, and written communication skills including ability to effectively present complex topics to management .
• Ability to successfully communicate to influence management and lead change on both strategic and tactical initiatives.
• Understanding of audit practices and methodologies as well as rules for professional and ethical conduct.
• Ability to think critically and apply audit and technical expertise.

Desired Qualifications :

• Advanced experience in Data Analytics
• Experience in Regulatory Change Management
• Experience in Process Management

Shift :

1st shift (United States of America)

Hours Per Week :

Pay Transparency details

US - CT - East Hartford - 101 E River Dr - One Riverview Square (CT2550), US - RI - Providence - 1 Financial Plaza (RI1537)

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 and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws.

The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

To view the EEO is the Law poster, CLICK HERE (https : / / www.dol.gov / ofccp / regs / compliance / posters / pdf / eeopost.pdf) .

To view the EEO is the Law Supplement, CLICK HERE (https : / / www.dol.gov / ofccp / regs / compliance / posters / pdf / OFCCP EEO Supplement Final JRF QA 508c.pdf) .

View the LA County Fair Chance Ordinance (https : / / dcba.lacounty.gov / wp-content / uploads / 2024 / 08 / FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) .

Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse.

Our Drug-Free Workplace and Alcohol Policy (Policy) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

To view Bank of America's Drug-free Workplace and Alcohol Policy, CLICK HERE .

This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America.

Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern.

Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents.

Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.