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Audit Supervisor

4 weeks ago

Providence, Rhode Island, 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.

We are seeking an experienced Audit Supervisor - Global Risk Management to lead and execute audits focusing on the Operational Risk Management Framework. The successful candidate will evaluate processes in place to adhere with regulation, including Basel AMA and Heightened Standards.

Responsibilities:

  • Execute multiple areas of test work during audit activities.
  • Utilize sound analytical skills and possess product, business, and technical expertise to execute assigned audit testing responsibilities.
  • Independently execute audit test work on assigned audits and demonstrate sound project management skills.
  • Raise issues and concerns and make recommendations for severity ratings.
  • Assess issues for impact to business processes, controls and strategies, recommend severity ratings and escalation of broad themes or trends.
  • Work with team and provide input to draft quality audit reports and support sharing audit results with business leaders.
  • Begins to establish business partner relationships; primary engagement is with line management.
  • Exercises critical thinking and judgment to effectively influence management to improve the control environment.
  • Actively supports peers and audit team with development as part of on the job training during audit execution.
  • Fosters a positive and inclusive work environment.

Requirements:

  • Bachelor's degree or equivalent work experience.
  • Minimum of 4+ years of Operational Risk, and/or Auditing experience.
  • Sound organizational, analytical, oral and written communication skills.
  • Ability to successfully communicate to influence management and lead change in both strategic and tactical initiatives.
  • Self-Starter, desire to learn able to teach others, high energy, positive attitude, exhibits flexibility.
  • Strong analytical skills. Ability to analyze large amounts of data and turn it into usable information.
  • Ability to work in a very detailed manner as well as to look broadly across a population and develop connections and themes identifying risk and concerns.
  • Ability to juggle multiple work efforts and to quickly change direction, as needed.
  • Proficiency in Microsoft Office Products.
  • Ability to converse with management on all levels.

Preferred Qualifications:

  • Knowledge of Compliance and Operational Risk Frameworks.
  • Experience with Operational Risk Frameworks including Basel AMA and Heightened Standards.
  • Advanced degree.
  • Strong communication presentation skills.