Bank Of America Audit Manager – Compliance Operational Risk 

United States, North Carolina, Charlotte 

629616729

Job Description:

Responsibilities

• Subject matter expertise of compliance and operational risk frameworks and a solid business understanding of the financial services industry.
• Plan, perform, and lead compliance and operational risk audits at the enterprise level
• Subject matter expertise in risk management frameworks and underlying regulations like Basel, Heightened Standards, SR 08-8, Fed 13-1, Enhanced Prudential Standards.
• Perform audit reviews for risk appetite, risk governance, risk culture, RCSA programs, loss data, second line monitoring and testing programs.
• Manage staff during audit engagements and provide feedback on work performed;
• Design and perform compliance and operational risk 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 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

Required Skills and Experience

• Minimum 5 years of audit experience in areas related to compliance and operational risk management programs and regulations.
• At least 5 years of experience conducting compliance and or operational risk audits in Financial Services.
• At least 3 years of experience leading audits and performing in the role of auditor-in-charge
• Internal Audit Review
• Issue Management
• Risk Management
• Audit Planning
• Analytical Thinking
• Project Management
• Relationship Building
• Business Acumen
• Coaching
• Written Communications
• Automation
• Technical Documentation
• Attention to Detail
• Critical Thinking

Preferred Requirements

• Master's Degree in Auditing, Master's Degree in Accounting, Master's Degree in Finance, or Master of Business Administration
• Certified Internal Auditor (CIA), Certified Public Accountant (CPA), Certified Regulatory Compliance Manager (CRCM), or Certified Fraud Examiner (CFE)

Minimum Education Requirement:

1st shift (United States of America)