Audit Team Leader

2 weeks ago


Charlotte, North Carolina, United States Bank of America Full time

Position Overview:


At Bank of America, we are committed to enhancing financial well-being through every connection we foster.

Our approach to Responsible Growth defines our operations and our dedication to our clients, colleagues, communities, and shareholders on a daily basis.

Central to our success is our commitment to being an exceptional workplace for our employees globally.

We prioritize diversity and inclusivity in our work environment.

We seek individuals from various backgrounds and experiences, investing significantly in our employees and their families by providing competitive benefits that support their physical, emotional, and financial health.

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

Being part of Bank of America presents an opportunity for a fulfilling career with avenues for learning, growth, and impactful contributions.


Role Responsibilities:
This position entails conducting comprehensive audit evaluations independently for complex audit assignments across Lines of Business (LOBs).

Key duties include:

  • Independently designing and executing audit assessments.
  • Evaluating issues for their business implications and recommending appropriate severity ratings.
  • Building and maintaining strong relationships with business partners.

Expectations for this role include assessing the control environment, promoting an inclusive workplace, applying expertise in products, business, and technology, and supporting the development of team members.


Key Duties:
  • Implement audit strategies that ensure effective risk-based auditing by defining audit scopes and programs, utilizing automation and innovative techniques to deliver high-quality results.
  • Leverage comprehensive knowledge of products, business operations, and technical aspects to constructively challenge management and enhance the control environment.
  • Analyze impacts on business processes, controls, and strategies to provide informed recommendations on severity ratings.
  • Contribute to draft audit reports and communicate findings with business leaders.
  • Facilitate the growth of peers and teams through on-the-job training while fostering an inclusive work culture.
  • Establish collaborative relationships with line management to enhance business understanding.
  • Employ innovative tools to conduct audit activities more efficiently.

Essential 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 Communication

Required Qualifications:
  • 4-5 years of experience in audit or in a compliance/business controls/risk management capacity.
  • Strong organizational, analytical, and communication skills, both oral and written.
  • Proven ability to influence management and lead change in strategic and tactical initiatives.
  • Self-motivated with a strong desire to learn and mentor others, exhibiting high energy and a positive attitude.
  • Excellent analytical skills with the ability to interpret large datasets into actionable insights.
  • Capacity to manage multiple tasks and adapt quickly to changing priorities.
  • Bachelor's Degree or equivalent work experience.

Preferred Qualifications:
  • Familiarity with Bank of America Consumer business processes and front-end application systems.
  • Background in audit or risk control within the financial services sector.

Work Schedule:
1st shift (United States of America) Hours Per Week: 40
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