Director of Audit Operations

1 week 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 every connection we foster. We are committed to Responsible Growth, which shapes our operations and our dedication to clients, employees, communities, and shareholders alike.

We prioritize creating a diverse and inclusive environment for our employees globally. Our hiring practices reflect a commitment to individuals from various backgrounds and experiences, and we invest significantly in our workforce and their families by providing competitive benefits that promote physical, emotional, and financial wellness.

Bank of America recognizes the importance of collaboration while also offering flexibility tailored to the diverse roles within our organization.

Being part of Bank of America means embarking on a rewarding career with ample opportunities for personal and professional growth, as well as the ability to make a meaningful 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 collaborating with business executives to align business objectives with risk management practices.
  • Engage with senior leadership to formulate audit coverage strategies and maintain relationships with regulatory bodies and internal management teams.
  • Drive operational excellence by establishing key performance indicators, enhancing business effectiveness, and fostering strong stakeholder relationships.
  • Facilitate effective management routines, including leadership meetings, scorecard reporting, and strategic communications.
  • Lead operational functions supporting the CFO/CAO/GHR Audit team, including financial and workforce management, vendor oversight, and employee engagement initiatives.
  • Communicate the mission and goals of Corporate Audit, emphasizing the significance of operational effectiveness and continuous improvement.
  • Ensure timely execution of the audit plan, adhering to quality standards and compliance with audit policies.
  • Utilize a risk-oriented approach to identify and analyze potential risks, continuously evaluating priority areas against the company's risk profile.
  • Maintain proactive communication with regulatory agencies and leadership teams regarding audit findings.
  • Develop audit coverage strategies, assess risks, and ensure adequate coverage for current and emerging risks.
  • Manage team performance through training and mentorship, focusing on attracting and retaining a diverse workforce.

Required Qualifications:

  • A minimum of 10 years of experience in business operations, with a focus on strategy, innovation, and risk management.
  • Proven ability to influence and integrate across various functions and levels of seniority.
  • Expertise in establishing and maintaining rigorous management routines and processes.
  • Ability to manage multiple competing priorities effectively while meeting stakeholder expectations.
  • In-depth understanding of the Bank's Risk Framework and industry best practices in Audit.
  • Exceptional written and verbal communication skills.
  • Strong team player with demonstrated stakeholder management capabilities.

Essential Skills:

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

Shift:

1st shift (United States of America)

Hours Per Week:

40

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