Job Description:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
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Job Description:
This job is responsible for auditing Lines of Business (LOBs) ranging in scale and scope. Key responsibilities include developing audit plans, assessing issues for impact, assigning severity ratings, producing audit reports, and managing business partner relationships. Job expectations may include evaluating the control environment, fostering an inclusive work environment, and managing development of personnel.
Responsibilities:
- Responsible for overseeing the creation of reporting related to the operations of Corporate Audit and the Risk Profile of the company
- Oversees processes related to the operations of the Corporate Audit department including vendor oversight, staffing and capacity, and vendor oversight
- Coordinate activities with business partners within the company including Finance, HR, Global Technology, and Global Risk
- Support forecasting activities related to cosource spend, internal headcount needs, and the annual audit plan
- Support the execution an management of Corporate Audit owned processes related to reporting and vendor oversight including identification and execution of process improvement opportunities.
- Leverages a risk mindset to proactively identify risks, analyze themes, and continually evaluate areas of priority against the company's risk profile and control environment
- Supports Corporate Audit's mission, goals, and strategies, and drives operational effectiveness while demonstrating a strategic mindset and leading and supporting change
- Leads the design and promotes the use of innovative tools and technological elements to drive continuous coverage of company risks
- Maintains business partner relationships for areas assigned and challenges business management to adopt appropriate policies, procedures, and effective controls designed to mitigate risks
- Manages team performance by training, mentoring, defining development plans for team
Required Qualifications:
- Minimum 10 years Reporting Experience preferably related to risk/control data and/or Audit/risk background preferably in financial services.
- Minimum 5 years in leadership role managing teams or organizations.
- Prior Analytical / Automation Skills (SQL, SAS, Python. Alteryx, Advanced Excel)
- Ability to successfully communicate to influence management and lead change in both strategic and tactical initiatives.
- Self-starter, desire to learn able to teach others, positive attitude, exhibits flexibility.
- Bachelor's degree and/or Advanced degree with relevant experience.
Desired Qualifications:
- Audit or risk control risk/controls background in financial services
- MBA
- Certified Internal Audit (CIA) certification
- Advanced degree or certifications (CIA, CISA etc - CPA Preferred)
Skills:
- Audit Planning
- Coaching
- Internal Audit Review
- Issue Management
- Risk Management
- Business Acumen
- Critical Thinking
- Project Management
- Relationship Building
- Written Communications
- Regulatory Relations
- Talent Development
- Technical Documentation
- Workforce Diversity Management
Shift:
1st shift (United States of America)
Hours Per Week:
40
Pay Transparency details
US - RI - Providence - 1 Financial Plaza (RI1537)
Pay and benefits information
Pay range
$141,100.00 - $199,000.00 annualized salary, offers to be determined based on experience, education and skill set.
Discretionary incentive eligible
This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.
Benefits
This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.