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Senior Audit Supervisor
2 months ago
Location: New York, New York
Overview:
At Bank of America, our mission is to enhance financial well-being through meaningful connections. We are committed to Responsible Growth, which is reflected in our dedication to our clients, colleagues, communities, and shareholders.
We strive to create a workplace that is diverse and inclusive, welcoming individuals from various backgrounds and experiences. Our investment in our employees and their families is evident through our competitive benefits that support their overall well-being.
Bank of America promotes a collaborative environment while also providing flexibility tailored to the needs of different roles within our organization.
Job Responsibilities:
This role is accountable for supervising designated audit functions as an Auditor-in-Charge (AIC) and implementing the audit strategy for various Lines of Business (LOBs).
Key duties include:
- Executing risk-based auditing by establishing the scope and testing procedures to assess the control environment in alignment with audit standards.
- Evaluating issues for their impact on business operations and recommending appropriate severity ratings.
- Drafting comprehensive audit reports and managing relationships with business partners.
- Encouraging an inclusive work culture and mentoring team members.
This position is part of the Global Corporate and Investment Banking audit team, which encompasses audits for sectors such as equity capital markets, debt capital markets, investment banking, corporate banking, and leasing. The team also oversees audits related to credit risk management and global payment services.
The selected candidate will collaborate with teams across EMEA and APAC, as most audits are conducted on a global scale.
An Audit Supervisor is expected to lead audit projects and guide a team of auditors throughout the audit process. This role will also assist the management team with ongoing audit-related initiatives.
Key Qualifications:
- 8-10 years of experience in internal audit or front office control reviews within financial services, with at least 3-5 years in the banking sector.
- Bachelor's degree in a relevant field.
Preferred Qualifications:
- Familiarity with Global Corporate and Investment Banking operations.
- Experience in risk and control identification and assessment.
- Proven track record in team leadership and project management.
- Ability to coach and develop less experienced team members.
- Strong interpersonal and communication skills.
Essential Skills:
- Analytical Thinking
- Audit Planning
- Internal Audit Review
- Issue Management
- Risk Management
- Business Acumen
- Coaching
- Project Management
- Relationship Building
- Written Communication
- Attention to Detail
- Automation
- Critical Thinking
- Technical Documentation
- Knowledge of banking products and processes
- Stakeholder engagement and communication skills
- Report writing and presentation skills
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 welcome applications from all qualified candidates without regard to race, religion, gender, sexual orientation, age, national origin, or any other characteristic protected by law.
