Senior Auditor - GHR, CAO and Legal

Bank of America - Dallas, TX

Full-time - Entry Level

Dallas, TX

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 performing test work during moderately complex audit activities for Lines of Business (LOBs), Third/Fourth Party Risk, Global Human Resources, Chief Administrative Offices, and Legal. Key responsibilities include designing and executing audit tests to evaluate the control environment and assessing issues for business impact and recommending severity ratings under the supervision of senior team members. Candidates will directly work with the Audit lead overseeing the Audit work. The Candidate will be responsible for audit testing of key areas and activities across the LOBs noted above. This includes evaluation of governance, interpretation of various regulatory requirements, controls supporting complete, accurate, and timely execution of key controls, and performing substantive end-to-end testing of in-scope processes. Team members should have the ability to perform high-quality, risk-focused fieldwork, in accordance with Corporate Audit methodologies and standards to identify meaningful issues, risks, and other exposures in the Company being audited. The Candidate will create and maintain accurate and clear work documents and is expected to complete tasks efficiently (on time and accurately). Also, they will engage in relevant training regarding audit, businesses, financial controls, regulations, or a particular specialty. Candidates are expected to work independently but maintain ongoing communication and provide periodic updates to Audit leadership.

Responsibilities

• Executes audit strategy for the sound application of risk-based auditing by assisting with development of individual audit scope and audit programs, 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.
• Assesses impacts to business processes, controls, and strategies to provide recommendations on severity ratings.
• Establishes business partner relationships, when executing Audit reviews or issue validation work.
• Develops skills to use innovative tools to complete audit activities more efficiently (e.g., testing).
• Exercises sound knowledge of product, business, and technical expertise to effectively challenge management to improve the control environment.

Requirements

• Minimum 2 years Audit or risk control risk/controls background preferably in financial services.
• Project management skills, proven organizational, coordination and action tracking skills.
• Experience in performing end-to-end substantive testing.
• Understanding of statistical sampling testing approach is a plus.
• Ability to plan, execute and evaluate audit test plans within a risk-based audit methodology.
• Strong analytical skills.
• Ability to work in a very detailed manner.
• Ability to successfully communicate to Audit leaders.
• Strong interpersonal skills and effective communicator, both orally and in writing.
• Self-starter, desire to learn able to teach others, positive attitude, exhibits flexibility.
• Bachelors degree and/or Advanced degree OR Relevant work experience.

Nice-to-haves

• Background in auditing Third Party Risk Management, Global Human Resources, Legal and/or Chief Administrative Officer.
• Certified Internal Auditor (CIA) certification.

Benefits

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