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Bank of America Audit Supervisor - Global Risk Audit in Providence, Rhode Island

Audit Supervisor - Global Risk Audit

Charlotte, North Carolina;Providence, Rhode Island; Wilmington, Delaware

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:

This role will lead and execute audits focusing on the Operational Risk Management Framework including programs like the Risk Control Self-Assessment, Internal and External Loss Event Data, Scenario Analysis, Operational Risk and Conduct Risk. The auditor in this role will evaluate processes in place to adhere with regulation including Basel AMA and Heightened Standards.

Responsibilities:

Responsible for executing multiple areas of test work during audit activities. Utilizes sound analytical skills and possesses product, business, and technical expertise to execute assigned audit testing responsibilities. Independently executes audit test work on assigned audits and demonstrates sound project management skills. Raises issues and concerns and makes recommendations for severity ratings. Assesses issues for impact to business processes, controls and strategies, recommends severity ratings and escalation of broad themes or trends. Works with team and provides input to draft quality audit reports and supports sharing audit results with business leaders. Begins to establish business partner relationships; primary engagement is with line management. Exercises critical thinking and judgment to effectively influence management to improve the control environment. Actively supports peers and audit team with development as part of on the job training during audit execution. Fosters a positive and inclusive work environment.

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 Communications

Required Qualifications

  • Bachelor's degree or equivalent work experience

  • Must have a minimum of 4 + years of Operational Risk, and/or Auditing experience

  • Sound organizational, analytical, oral and written communication skills

  • 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, high energy, positive attitude, exhibits flexibility

  • Strong analytical skills. Ability to analyze large amounts of data and turn it into usable information

  • Ability to work in a very detailed manner as well as to look broadly across a population and develop connections and themes identifying risk and concerns

  • Ability to juggle multiple work efforts and to quickly change direction, as needed

  • Proficiency in Microsoft Office Products

  • Ability to converse with management on all levels

Desired Qualifications

  • Knowledge of Compliance and Operational Risk Frameworks

· Experience with Operational Risk Frameworks including Basel AMA and Heightened Standards

· Advanced degree

· Strong communication presentation skills

Shift:

1st shift (United States of America)

Hours Per Week:

40

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .

To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .

View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) .

Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE .

This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.

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