Senior Auditor - Accounting / Finance / Reporting

Bank of America - Charlotte, NC

Full-time - Mid Level

Charlotte, NC

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. 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. This job is responsible for performing test work during moderately complex audit activities for Lines of Business (LOBs). Key responsibilities include designing and executing audit tests to evaluate the control environment, assessing issues for business impact, and recommending severity ratings under the supervision of senior team members. The role requires a strong understanding of audit processes and the ability to communicate effectively with various stakeholders to ensure compliance and mitigate risks. The position emphasizes the importance of building strong relationships with line management to enhance the control environment and improve business processes.

Responsibilities

• Executes audit strategy for the sound application of risk-based auditing by defining audit scope and audit program, and leverages automation and innovative methods in a timely and high quality manner
• Identifies control deficiencies, discusses with line management, and initiates control matter recommendations
• Establishes business partner relationships, primarily with line management, to develop business knowledge
• Assesses impacts to business processes, controls, and strategies to provide recommendations on severity ratings
• Exercises sound judgment to effectively influence management to improve the control environment while developing knowledge of product, business, and technical expertise
• Develops skills to use innovative tools to complete audit activities more efficiently (e.g., testing)

Requirements

• Greater than 2 years experience in a related role
• BA/BS or equivalent
• CPA, CIA, CISA or similar
• Specific subject matter expertise in audit and the financial services industry
• Strong critical thinking, communication and project management skills with attention to detail
• Ability to learn complex subject matter, understand regulatory requirements, and build testing programs to ensure compliance and mitigate risks
• Proven track record of executing multiple projects concurrently and delivering high quality work to meet tight deadlines
• Ability to build a strong rapport with line of business management and provide impact without impairing independence
• Strong interpersonal skills and effective communicator, both orally and in writing

Nice-to-haves

• Financial Statement Auditing and Consulting experience
• Experience in evaluating workflows/ systems/ controls

Benefits

• Competitive benefits to support physical, emotional, and financial well-being
• Opportunities to learn and grow
• Flexible work arrangements