Audit Supervisor

1 month ago

Wilmington, United States Bank of America Full time

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 Job Description: 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. This job is primarily responsible for independently performing and/or overseeing test work to evaluate consumer compliance risks within and across Lines of Business (LOBs). The role will also execute and/or oversee testing strategies to ensure that the firm ’ s compliance and operational independent risk management function provides adequate oversight of front line and control function compliance risks. 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) Executes audit strategy for the sound application of risk-based compliance focused auditing by defining audit scope and audit programs, and leverages automation and innovative methods in a timely and high quality manner 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 Qualifications: 5+ years of direct experience with consumer laws/regulations through direct responsibility to comply with multiple laws/regulations in business as usual responsibilities and/or providing oversight of compliance laws/regulations and/or auditing compliance as part of overall audit coverage responsibility. Desired Qualification: Familiarity with audit concepts and demonstrated record of providing oversight/leadership of team members responsible for executing and/or evaluating controls related to compliance risks. Bachelor’s Degree or equivalent work experience Skills: Analytical Thinking Audit Planning Internal Audit Review Issue Management Risk Management Attention to Detail Automation Business Acumen Project Management Technical Documentation Coaching Critical Thinking Relationship Building Written Communications Shift: 1st shift (United States of America)

Hours Per Week: 40 #J-18808-Ljbffr

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