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Director of Audit Operations

2 months ago

Stamford, Connecticut, United States Bank of America Full time

Position Overview:

At Bank of America, our mission is to enhance financial well-being through meaningful connections. We are committed to Responsible Growth, which defines our operations and how we serve our clients, employees, communities, and shareholders.

We prioritize creating a diverse and inclusive environment for our employees globally. Our recruitment process seeks individuals from varied backgrounds and experiences, and we invest significantly in our employees and their families by providing competitive benefits that support their overall well-being.

Bank of America recognizes the importance of collaboration while also offering flexibility to our workforce. Our approach to flexibility is tailored to meet the diverse needs of various roles within our organization.

Working with us offers a fulfilling career with opportunities for professional development, growth, and the chance to make a significant impact.

Key Responsibilities:

  • Oversee business units within Corporate Audit, managing personnel, communication, and expense management functions.
  • Develop and implement audit strategies while managing audit services and influencing executive leadership.
  • Collaborate with senior management to formulate audit coverage strategies and maintain relationships with regulatory bodies.
  • Ensure effective risk management practices are embedded in all operations, including planning and issue resolution.
  • Facilitate operational excellence by establishing key performance indicators and enhancing business effectiveness.
  • Lead operational functions in support of the audit team, including financial management, vendor oversight, and employee engagement.
  • Communicate the mission and objectives of Corporate Audit, driving continuous improvement and strategic change.
  • Supervise audit teams to ensure timely execution of audit plans in accordance with quality standards.
  • Utilize a risk-oriented approach to identify and analyze potential risks, aligning them with the company's risk profile.
  • Engage with senior leaders to balance business strategies with appropriate risk management controls.
  • Maintain proactive communication with regulatory agencies and internal leadership regarding audit outcomes.
  • Develop audit coverage strategies to address current and emerging risks.
  • Manage team performance through training and mentorship, fostering a diverse workforce.

Required Qualifications:

  • A minimum of 10 years of experience in business operations, including roles in strategy, innovation, and risk management.
  • Proven ability to influence across functional areas and levels of seniority.
  • Expertise in establishing and maintaining rigorous management routines and processes.
  • Ability to manage multiple priorities effectively within tight deadlines.
  • Strong understanding of risk frameworks and audit practices.
  • Exceptional written and verbal communication skills.
  • Demonstrated stakeholder management capabilities.

Skills:

  • Audit Planning
  • Regulatory Relations
  • Relationship Management
  • Risk Assessment
  • Talent Development
  • Critical Thinking
  • Project Management
  • Strategic Planning
  • Effective Communication
  • Financial Oversight
  • Internal Audit Review
  • Diversity Management

Work Schedule:

1st shift (United States of America)

Weekly Hours:

40