Capital Management Audit Supervisor

1 week ago

Wilmington, Delaware, United States Bank of America Full time

Capital Management Audit Supervisor

Location: Various

Position Overview:

At Bank of America, our mission is to enhance financial well-being through meaningful connections. We are committed to Responsible Growth, which reflects our dedication to our clients, teammates, communities, and shareholders.

We strive to be an inclusive and diverse workplace, valuing a wide range of backgrounds and experiences. Our investment in our teammates and their families includes competitive benefits aimed at supporting their overall well-being.

Bank of America recognizes the importance of collaboration while also providing flexibility to our employees. We adopt a multi-faceted approach to flexibility tailored to the various roles within our organization.

Joining Bank of America means embarking on a fulfilling career with opportunities for learning, growth, and making a significant impact.

Key Responsibilities:

This role entails conducting independent audit work during complex audit engagements for various Lines of Business (LOBs). Key responsibilities include:

  • Designing and executing audit tests independently.
  • Assessing business impacts of identified issues and recommending severity ratings.
  • Building strong relationships with business partners.
  • Evaluating the control environment and promoting an inclusive workplace.
  • Applying expertise in products, business operations, and technical knowledge to support team development.

Reporting to a Director, this position is accountable for providing independent and objective assurance aimed at enhancing the organization’s operations and ensuring compliance with critical regulations. The role involves evaluating the effectiveness of risk management, control, and governance processes.

Audit Focus Areas:

The audit teams collaborate with Treasury, Finance, and Risk divisions to review processes including:

  • Capital adequacy and management
  • Enterprise capital stress testing
  • Baseline forecasting
  • Capital calculations using U.S. standardized and advanced approaches

Essential Skills:

  • Internal Audit Review
  • Issue Management
  • Risk Management
  • Audit Planning
  • Analytical Thinking
  • Project Management
  • Automation
  • Technical Documentation
  • Attention to Detail
  • Business Acumen
  • Relationship Building
  • Coaching
  • Critical Thinking
  • Written Communication

Qualifications:

  • 2-6 years of experience in Audit, Risk, Business Control, Compliance, Finance, or related fields.
  • Familiarity with capital adequacy processes, stress testing, and baseline forecasting.
  • Intermediate skills in analytics and automation (SQL, SAS, Advanced Excel, and Access).
  • Ability to implement audit test plans within a risk-based methodology.
  • Strong organizational, analytical, and communication skills.
  • Self-motivated with a positive attitude and flexibility.
  • Proficiency in Microsoft Office products.

Work Schedule:

1st shift (United States of America)

Hours Per Week:

40

Bank of America is an equal opportunity employer, committed to creating a diverse and inclusive workplace. We do not discriminate based on race, religion, gender, sexual orientation, age, national origin, or any other factor prohibited by law.

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