Audit Manager – Compliance and Operational Risk

1 month ago


Wilmington, Delaware, United States Bank of America Full time
Job Title: Compliance and Operational Risk Audit Manager at Bank of America

Bank of America is committed to fostering an inclusive and diverse workplace for all employees. Join us for a rewarding career that offers growth opportunities and the chance to make a difference in the financial services industry.

Job Description:

This position involves overseeing specific audit areas as an Auditor-in-Charge (AIC) and implementing the audit strategy for Lines of Business (LOBs). Responsibilities include defining scope and test procedures for risk-based auditing, evaluating the control environment, drafting audit reports, and managing relationships with business partners. Additionally, the role entails creating an inclusive work environment and mentoring team members.

Responsibilities:
  • Expertise in compliance and operational risk frameworks
  • Lead compliance and operational risk audits at the enterprise level
  • Conduct audit reviews for various risk aspects like risk appetite and governance
  • Manage staff during audit engagements and provide feedback
  • Communicate audit results to management
  • Build relationships with internal and external management
  • Assess business activities and potential risks
  • Utilize data and analytical tools during audits
This comprehensive role also requires effective communication skills, the ability to challenge management, and maintaining business partner relationships.

Required Skills and Experience:
  • Bachelor's degree
  • Minimum 5 years of audit experience in compliance and operational risk management
  • Experience leading audits and acting as an auditor-in-charge
  • Skills in audit planning, risk management, and analytical thinking
  • Project management and relationship building abilities
  • Business acumen and coaching skills
  • Attention to detail and critical thinking
Preferred Requirements:
  • Master's Degree in Auditing, Accounting, Finance, or Business Administration
  • Certifications such as CIA, CPA, CRCM, or CFE
Shift:1st shift (United States of America)

Hours Per Week:40

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