Audit Manager - Business Controls, Compliance, Risk

$115,600 - $157,000/Yr

Bank of America - East Hartford, CT

Full-time - Mid Level

East Hartford, CT

Credit Intermediation and Related Activities

About the position

The Audit Manager for Business Controls, Compliance, and Risk at Bank of America is responsible for overseeing audit work as an Auditor-in-Charge (AIC) and executing the audit strategy for various Lines of Business (LOBs). This role involves driving risk-based auditing, assessing business impacts, drafting audit reports, and managing relationships with business partners. The position emphasizes fostering an inclusive work environment and mentoring team members, contributing to the overall effectiveness of the audit function.

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

Requirements

• Bachelor's Degree OR equivalent work experience
• Minimum of 5-7 years of experience in Audit, Business Control, Finance, Compliance, Risk or other related experience
• 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
• Creative thinker who can map out creative solutions and lead their implementation
• Strong organizational skills and attention to detail with dedication to superior service
• PC proficiency, including spreadsheet, word processing and presentation software applications
• Strong communication skills (written and verbal)
• Able to travel as needed

Nice-to-haves

• Master's Degree or Advanced degree or certifications (CPA, CIA, CISA, etc.)
• Strong presentation skills
• Experience with Data Analysis Tools (Tableau, SAS, SQL)

Benefits

• Industry-leading benefits
• Access to paid time off
• Resources and support for employees to make a genuine impact
• Competitive benefits to support physical, emotional, and financial well-being