Bank Of America Audit Manager – Economic Sanctions 

United States, New York, New York 

366432587

Responsibilities:

• Subject matter expertise of Economic Sanctions related risks and a solid business understanding of financial services industry, especially those associated with correspondent banking, corporate banking, treasury management and capital markets conducting sanctions reviews.

• Plan, perform, and lead Economic Sanctions audits at the enterprise level as well as other diverse lines of business and specialty areas;

• Subject matter expertise in US financial crime regulations including OFAC,

• Perform audit reviews related to Sanctions and other compliance operational work including sanctions screening and alert disposition;

• Support the execution of sanctions audits as well as regulatory and partner exams by creating presentation materials and providing timely responses to inquiries.

• Manage staff during audit engagements and provide feedback on work performed;

• Design and perform compliance audit procedures, including identifying and defining issues, reviewing and analyzing evidence, and documenting processes;

• Leverage available data and analytical tools during the planning, fieldwork, and reporting phases of audit delivery;

• Communicate the results of audit projects to management (written reports/oral presentations);

• Establish and build working relationships with internal and external management;

• Perform AML risk assessments of business activities, potential risks exposures, and materiality of loss; and

• Demonstrates experience in managing integrated internal audit and assurance delivery.

• Effective influence skills in communicating findings. This individual must be an articulate and effective communicator, both verbally and in writing.

• Strong interpersonal skills for interfacing with all levels of internal and external audit and management.

• 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:

• Minimum 5 years of audit experience in areas related to Sanctions and risk management programs and regulations, banking regulations, local standards, and internal policies.

• At least 5 years of experience conducting Sanctions audits, Risk Management audits, Compliance audits or a combination

• At least 3 years of experience leading audits and performing in the role of auditor-in-charge

• Excellent project management, interpersonal, oral and written communication skills; strong attention to detail and accuracy

• Exceptional analytical and critical thinking abilities; Able to develop and convey a point of view

• Professionalism, dependability, integrity and trustworthiness combined with a cooperative attitude. Able to thrive in a dynamic team environment

• Highly motivated self-starter with ability to multitask and complete assignments within time constraints and deadlines. Individual with desire to learn and teach others, high energy, positive attitude

• Proficiency in Microsoft Office products

• Bachelors Degree

Desired Qualifications:

• Master's Degree in Auditing, Master's Degree in Accounting, Master's Degree in Finance, or Master of Business Administration

• Certified Anti-Money Laundering Specialist (CAMS), Certified Internal Auditor (CIA), Certified Public Accountant (CPA), Certified Regulatory Compliance Manager (CRCM), or Certified Fraud Examiner (CFE)

1st shift (United States of America)