Audit Supervisor - New York New York

Company: Bank of America
Location: New York, New York
Posted On: 05/19/2024

Job 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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

This job is responsible for independently performing test work during highly complex audit activities for Lines of Business (LOBs). Key responsibilities include independently designing and executing audit tests, assessing issues for business impact and recommending severity ratings, and establishing business partner relationships. Job expectations include evaluating the control environment, fostering an inclusive work environment, applying product, business, and technical expertise, and supporting team members with development.

Responsibilities:

Executes audit strategy for the sound application of risk-based auditing by defining audit scope and audit programs, and leverages automation and innovative methods in a timely and high quality manner

Exercises sound knowledge of product, business, and technical expertise to effectively challenge management to improve the control environment

Assesses impacts to business processes, controls, and strategies to provide recommendations on severity ratings

Provides input on draft audit reports and shares audit results with business leaders

Supports the development of peers and teams through on-the-job-training and fosters an inclusive work environment

Establishes business partner relationships, primarily with line management, to develop business knowledge

Uses innovative tools to complete audit activities more efficiently (e.g., testing)

Required Skills:

Internal Audit Review

Issue Management

Risk Management

Audit Planning

Analytical Thinking

Project Management

Automation

Technical Documentation

Attention to Detail

Business Acumen

Relationship Building

Coaching

Critical Thinking

Written Communications

Familiarity with Global Markets - including trading and hedging strategies, supervisory procedures, P&L attribution, risk management, operational processes and regulatory landscape strongly preferred.

Audit or risk control risk/controls background in financial services

Intermediate Analytical / Automation Skills (SQL, SAS, Excel and Access)

Advanced degree

CPA preferred.

Strong presentation skills

Job Band:
H5

Shift:
1st shift (United States of America)

Hours Per Week:
40

Weekly Schedule:

Referral Bonus Amount:
0
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