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Bank Of America Audit Manager – Compliance Operational Risk 
United States, North Carolina, Charlotte 
629616729

25.06.2024

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)