Audit Supervisor - Global Corporate and Investment Banking
Company: Disability Solutions
Location: New York
Posted on: September 28, 2024
Job Description:
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 job is responsible for
independently performing test work during highly complex audit
activities for Lines of Business (LOBs). Key responsibilities
include independently designing and executing audit tests,
assessing issues for business impact and recommending severity
ratings, and establishing business partner relationships. Job
expectations include evaluating the control environment, fostering
an inclusive work environment, applying product, business, and
technical expertise, and supporting team members with
development.This role is for the Global Corporate and Investment
Banking audit team. We cover audits for businesses such as equity
capital markets, debt capital markets, investment banking,
corporate banking coverage and leasing. The team is also
responsible for credit risk management and global payment services
audits in EMEA.The candidate will be working with the team based in
EMEA and APAC and most of our audits are global. An Audit
Supervisor is expected to work with the assigned area independently
and may lead small audits.Responsibilities:
- Executes audit strategy for the sound application of risk-based
auditing by defining audit scope and audit programs, and leverages
automation and innovative methods in a timely and high quality
manner
- Exercises sound knowledge of product, business, and technical
expertise to effectively challenge management to improve the
control environment
- Assesses impacts to business processes, controls, and
strategies to provide recommendations on severity ratings
- Provides input on draft audit reports and shares audit results
with business leaders
- Supports the development of peers and teams through
on-the-job-training and fosters an inclusive work environment
- Establishes business partner relationships, primarily with line
management, to develop business knowledge
- Uses innovative tools to complete audit activities more
efficiently (e.g., testing)
- Support multiple projects using technology and analytic
techniques to work effectively and efficiently in a fast-paced
environment. Required Qualifications:
- Minimum 5-7 years of internal audit or front office business
control or compliance or risk management experience covering the
corporate and investment banking (GCIB) business (e.g. equity
capital markets, debt capital markets, investment banking,
corporate banking, leasing etc)
- Minimum 2 years of experience auditing the Investment Banking
Business within an organization (GCIB)
- Experience with risk and control identification and
assessment
- Experience with stakeholder management
- Pro-active, positive attitude, exhibits sense of ownership,
flexibility and intellectual curiosity
- Sound organizational, analytical, oral, and written
communication skills
- Bachelor's degreeDesired Qualifications:
- Experience with coaching less experienced team members
- Experience of working in a large global bank
- Chartered Financial Analyst (CFA), Certified Public Accountants
(CPA), Financial Risk Manager (FRM), Certified Internal Auditor
(CIA) or relevant qualificationsSkills:
- 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
- Knowledge of banking products and processes
- Familiar with risk and controls in the business mentioned
- Analytical skills
- Makes sound judgement regarding gaps and risks associated
- Stakeholder engagement and communication skillsShift:1st shift
(United States of America)Hours Per Week: 40Pay Transparency
detailsUS - NY - New York - 114 W 47TH ST (NY8114)Pay and benefits
informationPay range$100,000.00 - $125,000.00 annualized salary,
offers to be determined based on experience, education and skill
set.Discretionary incentive eligibleThis 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.BenefitsThis 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.
Keywords: Disability Solutions, New York , Audit Supervisor - Global Corporate and Investment Banking, Accounting, Auditing , New York, New York
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