Audit Director - Global Financial Crimes Sanctions

Full-time - Senior

Stamford, CT

Credit Intermediation and Related Activities

About the position

The Audit Director for Global Financial Crimes Sanctions at Bank of America is responsible for managing audit services related to financial crimes, specifically sanctions. This role involves developing audit strategies, overseeing audit teams, and ensuring compliance with regulatory standards. The position requires collaboration with senior leadership and regulatory agencies to balance business strategy with risk management controls, while promoting operational effectiveness and continuous improvement.

Responsibilities

• Audit responsibilities for businesses or functional areas related to Financial Crimes, specifically Sanctions.
• Develops the audit strategy for Financial Crimes Sanctions including proper assessment and coverage of risks and emerging risks.
• Oversees audit teams to ensure timely execution of the audit plan within quality standards and in conformance to audit policies and procedures.
• Gets ahead of risks, identifies themes and continually evaluate areas of priority against the company's risk profile and control environment.
• Promotes the use of innovative tools and technological elements to drive continuous coverage of Company risks.
• Owns and communicates importance of operational effectiveness; drives continuous improvement.
• Strategic engagement in governance routines, issue remediation / validation, and regulatory engagement.
• Demonstrates and fosters critical thinking, strategic mindset; leads and drives change adoption.
• Provides comprehensive assessment of key products; increases depth of testing for key products inclusive of applicable laws, rules, and regulations particularly OFAC and understanding of any other sanctions regulations would also be valuable.
• Strong Financial Crimes Sanctions background with focus on core BSA/AML compliance program requirements including Risk Assessments.
• Provides a comprehensive horizontal view of risk specific to Financial Crimes Sanctions globally.

Requirements

• Minimum of 12 years of Audit or Risk Management experience.
• Familiarity with key Laws and Rules particularly OFAC and understanding of any other sanctions regulations would also be valuable.
• Strong Project Management skills.
• Critical thinking, collaborative and innovative.

Nice-to-haves

• Bachelor's Degree (Master's degree preferred)

Benefits

• Competitive benefits to support physical, emotional, and financial well-being.