Audit Supervisor, Global Market Ops, NFRR, Tax & Credit Reporting Ops

$100,000 - $125,000/Yr

Disability Solutions - Charlotte, NC

Full-time - Mid Level

Charlotte, NC

About the position

The position at Bank of America involves independently performing complex audit activities for Global Markets Operations and Tax and Credit Reporting Operations. The role focuses on designing and executing audit tests, assessing business impacts, and fostering relationships with business partners. The position emphasizes the importance of a diverse and inclusive workplace while supporting the development of team members and improving the control environment.

Responsibilities

• Executes audit strategy for the sound application of risk-based auditing by defining audit scope and audit programs.
• Exercises sound knowledge of product, business, and technical expertise to effectively challenge management to improve the control environment.
• Assesses impacts of issues to business processes, controls, and strategies to provide recommendations on issue severity ratings.
• Provides input on draft audit reports and shares audit results with business leaders.
• Exercises critical thinking and judgment to effectively influence management to improve the control environment.
• Consistently strives to improve processes and challenge the status quo to improve existing operating environment.
• Supports the development of peers and teams through on-the-job training and fosters an inclusive work environment.
• Establishes business partner relationships, primarily with line management, to develop business knowledge.
• Uses innovative tools to complete audit activities more efficiently.

Requirements

• 5+ years Audit, Internal Auditor risk control risk/controls background in financial services.
• Bachelor's degree and/or Advanced degree with relevant experience.
• Strong project management skills, proven organizational, coordination and action tracking skills.
• Ability to plan, execute and evaluate audit test plans within a risk-based audit methodology.
• Strong analytical skills with the ability to analyze large amounts of data and turn it into usable information.
• Ability to analyze very complex processes with multiple systems and handover points to determine key controls and find gaps/deficiencies in the process.
• Questioning and curious mind that challenges the process and process owners to find process gaps.
• Ability to prioritize several concurrent activities such as audits, issue validation, and stakeholder meetings.
• Confidence and ability to discuss process gaps and challenge LOB's control framework during difficult conversations.
• Ability to work in a detailed manner as well as to look broadly across a population and develop connections and themes identifying risk and concerns.
• Ability to successfully communicate to influence management and lead change in both strategic and tactical initiatives.
• Self-starter with a desire to learn and teach others, positive attitude, and flexibility.

Nice-to-haves

• 1 - 3 years in a lead auditor / Auditor-in-Charge (AIC) role.
• Certified Internal Audit (CIA) certification.
• Prior Analytical / Automation Skills (SQL, SAS, Python, Alteryx, Advanced Excel).
• Experience in performing end-to-end substantive testing.
• Understanding of statistical sampling testing approach.
• Advanced degree or certifications (CIA, CISA, CPA).

Benefits

• Industry-leading benefits
• Access to paid time off
• Resources and support for employees
• Annual discretionary award based on performance