Bank of America | Vice President, Audit Supervisor
1 day ago
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.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us
Job Description:
Be part of a highly experienced Asia Pacific Corporate Audit team with exciting opportunities for regional and global audit exposure and career growth. Corporate Audit is an independent function that reports to the Audit Committee of the Bank of America Corporation. We provide independent assessment and validation of the effectiveness of key processes and controls across the Company. We are a team of approximately 1200 auditors globally based in the US, EMEA, APAC and Latin America.
We strive to help all employees reach their full potential. We believe that diverse backgrounds and experiences make us stronger. We respect every individual and value our differences – in thought, style, cultures, ethnicity and experience.
Responsibilities:
This is a newly opened role to support the completion of the audit plan, both locally as well as regional/global audits. We expect the individual to work as an individual contributor to conduct testing independently and with the opportunity to lead local/regional/global audits. In particular:
Lead/assist to develop an audit plan (e.g. audit scope, audit test plans) based on detailed evaluation of process/business risks and controls.
Perform and document the execution of specific audit procedures as defined by the projects’ objectives and planned audit approach.
Communicate audit results to impacted stakeholders in an accurate, timely and professional manner to guide the issue acceptance and resolution process.
Assist with drafting quality and timely audit reports supporting audit opinions and share results with audit and business leaders.
Demonstrate competence and intellectual curiosity. Stay informed of current economic developments, applicable regulations, risk, processes, and controls relevant to banking.
Exercise critical and out of box thinking, analytical skills and professional judgment to influence business partners, senior business managers and peers. Help business partners to balance their business strategy with appropriate risk management controls.
Skills:
Education:
Bachelors’ Degree preferably in accounting, finance or related field.
Professional Audit or Accounting Certification (e.g. CA, CPA, CIA) will be a plus.
Work experience:
At least 10 years of relevant work experience, with focus on audit (internal audit or external audit with Big 4 firms). Strong mid-career change candidates with no audit experience will be considered (solid operational, front office or control function working experience).
Product knowledge:
Knowledge of two or more of the following lines of businesses will be advantageous:
Corporate and Investment Banking, Transaction Banking (e.g. Trade Finance, Payment), Banking Operations, Enterprise Credit
OR
Credit Risk.
Strong business acumen and sound knowledge of banking business process flow, internal controls, products and related regulatory requirements.
Intermediate analytical / automation skills (e.g. Alteryx, Python, SQL) a plus.
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