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Bank of America
Wilmington, Delaware, United States
(on-site)
Posted
16 days ago
Bank of America
Wilmington, Delaware, United States
(on-site)
Job Function
Financial Services
Audit Manager
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Audit Manager
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
Job Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
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 Commercial Credit underwriting, monitoring, and risk management. 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
Skills:
- Analytical Thinking
- Audit Planning
- Internal Audit Review
- Issue Management
- Risk Management
- Business Acumen
- Coaching
- Project Management
- Relationship Building
- Written Communications
- Attention to Detail
- Automation
- Critical Thinking
- Technical Documentation
Required Qualifications:
- Must have a minimum of 7 years of Credit, Risk, and/or Auditing experience
- Must have Leveraged Lending, Global Markets and/or Counterparty Credit Risk knowledge and experience
Shift:
1st shift (United States of America)
Hours Per Week:
40
Job ID: 79702532
Please refer to the company's website or job descriptions to learn more about them.
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