Audit Manager - Business Controls, Compliance, Risk

$115,600 - $157,000/Yr

Bank of America - Pennington, NJ

Full-time - Mid Level

Pennington, NJ

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 emphasizes risk-based auditing, assessing business impacts, and fostering an inclusive work environment while mentoring team members. The position requires strong analytical skills and the ability to influence management to improve the control environment.

Responsibilities

• Executes audit strategy for risk-based auditing by defining audit scope and programs, and drafting audit reports using automation and innovative methods.
• Acts as Auditor-in-Charge (AIC) by overseeing audit testing to ensure timely execution and adherence to quality standards and audit policies.
• Assesses impacts to business processes and controls, providing recommendations on severity ratings and escalating trends based on business knowledge.
• Exercises intellectual curiosity and judgment to influence management and drive continuous improvements in the control environment.
• Oversees a team of associates, providing mentoring and fostering an inclusive work environment.
• Maintains business partner relationships with line management to develop business knowledge.
• Utilizes sound knowledge of products and business to effectively challenge management and improve the control environment.

Requirements

• Bachelor's Degree or equivalent work experience.
• 5-7 years of experience in Audit, Business Control, Finance, Compliance, Risk, or related fields.
• Excellent project management, interpersonal, oral and written communication skills; strong attention to detail and accuracy.
• Exceptional analytical and critical thinking abilities; capable of developing and conveying a point of view.
• Professionalism, dependability, integrity, and trustworthiness combined with a cooperative attitude.
• Highly motivated self-starter with the ability to multitask and meet deadlines.
• Creative thinker who can devise and implement innovative solutions.
• Strong organizational skills and dedication to superior service.
• PC proficiency, including spreadsheet, word processing, and presentation software applications.
• Strong communication skills (written and verbal).
• Ability 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
• Discretionary incentive eligibility based on performance