Bank Of America Audit Manager – Transaction Monitoring 

United States, New York, New York 

67423873

Responsibilities:

• Subject matter expertise of Transaction Monitoring 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 transaction monitoring reviews.
• Plan, perform, and lead Transaction Monitoring Systems audits at the enterprise level as well as other diverse lines of business and specialty areas.
• Subject matter expertise in US financial crime regulations.
• Perform audit reviews related to transaction monitoring systems and other compliance operational work including transaction monitoring models and alert investigations.
• Support the execution of transaction monitoring 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.
• 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.

• Minimum 5 years of audit experience in areas related to Transaction Monitoring and risk management programs and regulations, banking regulations, local standards, and internal policies.
• At least 5 years of experience conducting Transaction Monitoring 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
• A working understanding of Transaction Monitoring systems in large financial institutions including data analytics, transaction monitoring models, alert and case generation, and AML red flag coverage mapping.
• Proficiency in Microsoft Office products

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:

• 5-10 years of general auditing experience with a finance or control function, internal audit function or public accounting firm, preferably within the Banking or Financial Services industry
• Bachelors' Degree OR equivalent years related work experience.
• Intermediate Analytical / Automation Skills (SQL, SAS, Advanced Excel and Access)
• Ability to execute audit test plans within a risk based audit methodology
• Sound organizational, analytical, oral and written communication skills
• Self-starter, desire to learn with the ability to teach others, positive attitude, exhibits flexibility.
• Ability to work in a very detailed manner

Desired Qualifications:

• Master's Degree in Auditing, Accounting, Finance, or 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)
• Experience with automation and automation and/or data analytics.

1st shift (United States of America)