Manager - Business Operations, Exec Reporting

Bank of America - Providence, RI

Full-time - Manager

Providence, RI

Credit Intermediation and Related Activities

About the position

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! This job is responsible for overseeing assigned areas of audit work acting as an Auditor-in-Charge (AIC), and executing on the audit strategy for Lines of Business (LOBs). Key responsibilities include driving risk-based auditing by defining scope and test procedures to evaluate the control environment in conformance with audit policies, assessing issues for business impact and recommending severity ratings, drafting audit reports, and managing business partner relationships. Job expectations include fostering an inclusive work environment, and mentoring team members.

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
• Responsible for the development, maintenance, and analysis of automated reporting related to the operations of Corporate Audit and the Risk Profile of the company
• Analyze and assess the impact of changes to reports and lead projects to update reporting based on business changes
• Executes processes related to the operations of the Corporate Audit department including vendor oversight, staffing and capacity, and report creation
• Supports the execution and management of Corporate Audit owned processes related to reporting and vendor oversight including identification and execution of process improvement opportunities
• Exercises sound knowledge of product, business, and technical expertise to effectively analyze the results of risk environment and performance reporting
• Assesses impacts of control weaknesses to audit owned processes, controls, and strategies
• Provides input on draft management reports and analyzes results
• Supports the development of peers and teams through on-the-job training and fosters an inclusive work environment
• Establishes business partner relationships, primarily with support partners (Technology, HR, Global Risk, Finance), to develop business knowledge
• Uses innovative tools to complete reporting activities more efficiently

Requirements

• Minimum 8 years Reporting Experience preferably related to risk/control data and/or Audit/risk background preferably in financial services.
• Prior Analytical / Automation Skills (SQL, SAS, Python, Alteryx, Advanced Excel)
• Ability to successfully communicate to influence management and lead change in both strategic and tactical initiatives.
• Self-starter, desire to learn able to teach others, positive attitude, exhibits flexibility.
• Bachelor's degree and/or Advanced degree with relevant experience.

Nice-to-haves

• Audit or risk control risk/controls background in financial services
• MBA
• Certified Internal Audit (CIA) certification
• Advanced degree or certifications (CIA, CISA etc - CPA Preferred)

Benefits

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