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AUDIT DIRECTOR

AUDIT DIRECTOR

Bank of AmericaCharlotte, NC, United States
13 days ago
Job type
  • Full-time
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 managing business groups within Corporate Audit and executing on personnel, communication, and expense management activities. Key responsibilities include planning and developing the audit strategy and managing audit services, influencing business executives, and helping business partners balance business strategy with risk management controls. Job expectations include working with senior leadership to develop Audits coverage strategies, managing relationships with regulatory agencies and internal business management groups, and overseeing personnel issues.

Responsibilities :

Communicates Corporate Audits mission, goals, and strategies, and the importance of operational effectiveness and drives continuous improvement while demonstrating a strategic mindset and leading and supporting change

Oversees audit teams to ensure timely execution of the audit plan within quality standards and in conformance to audit policies and procedures

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

Engageswith senior leaders andinfluences business partners to balance business strategy with appropriate risk management controls

Maintains relationships with regulatory agencies and leadership teams by proactively driving communications and discussing audit results

Develops the audit coverage strategy and plan, assesses risks, and provides appropriate coverage for current and / or emerging risks for assigned areas

Manages team performance by training and mentoring, and attracts, develops, and retains a diverse workforce through talent planning

Required Qualifications

10 yrs Audit, Risk Management, Business Controls or Quality Assurance experience

Minimum 5 years in leadership role managing teams or organizations.

Bachelor’s degree and / or Advanced degree with relevant experience.

Desired Qualifications

Knowledge of Compliance and Operational Risk Frameworks

Knowledge of Global Markets Products and Processes

Understanding of Data Management Framework and Policy

Skills :

  • Audit Planning
  • Regulatory Relations
  • Relationship Building
  • Talent Development
  • Critical Thinking
  • Project Management
  • Strategic Thinking
  • Strategy Planning and Development
  • Executive Presence
  • Internal Audit Review
  • Workforce Diversity Management

Shift :

1st shift (United States of America)

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 managing business groups within Corporate Audit and executing on personnel, communication, and expense management activities. Key responsibilities include planning and developing the audit strategy and managing audit services, influencing business executives, and helping business partners balance business strategy with risk management controls. Job expectations include working with senior leadership to develop Audits coverage strategies, managing relationships with regulatory agencies and internal business management groups, and overseeing personnel issues.

Responsibilities :

Communicates Corporate Audits mission, goals, and strategies, and the importance of operational effectiveness and drives continuous improvement while demonstrating a strategic mindset and leading and supporting change

Oversees audit teams to ensure timely execution of the audit plan within quality standards and in conformance to audit policies and procedures

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

Engageswith senior leaders andinfluences business partners to balance business strategy with appropriate risk management controls

Maintains relationships with regulatory agencies and leadership teams by proactively driving communications and discussing audit results

Develops the audit coverage strategy and plan, assesses risks, and provides appropriate coverage for current and / or emerging risks for assigned areas

Manages team performance by training and mentoring, and attracts, develops, and retains a diverse workforce through talent planning

Required Qualifications

10 yrs Audit, Risk Management, Business Controls or Quality Assurance experience

Minimum 5 years in leadership role managing teams or organizations.

Bachelor’s degree and / or Advanced degree with relevant experience.

Desired Qualifications

Knowledge of Compliance and Operational Risk Frameworks

Knowledge of Global Markets Products and Processes

Understanding of Data Management Framework and Policy

Skills :

  • Audit Planning
  • Regulatory Relations
  • Relationship Building
  • Risk Management
  • Talent Development
  • Critical Thinking
  • Project Management
  • Strategic Thinking
  • Strategy Planning and Development
  • Written Communications
  • Executive Presence
  • Financial Management
  • Internal Audit Review
  • Workforce Diversity Management
  • Shift :

    1st shift (United States of America)

    Hours Per Week :

    Pay Transparency details

    US - RI - Providence - 1 Financial Plaza (RI1537)Pay and benefits informationPay range$215,000.00 - $263,200.00 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.

    About Us

    Bank of America is committed to help employees through the transition period when they’re displaced as a result of a workforce reduction, realignment or similar measure. Please review the resume writing and interviewing tips provided below to help prepare you for your next career opportunity.

    Regardless of the position you are interested in, the starting points to building your resume are the same :

    1.Determine the job or types of jobs you want to do and research their responsibilities and qualifications.

    2.Think about why you can do the job and make a list of your skills that are relative to the job.

    3.Identify experiences or accomplishments that show your proficiency in the skills required for the job.

    4.Summarize your abilities, accomplishments and skills into a brief, concise document.

    Considerations when writing a resume

  • Do be brief. Resumes should be 1-2 pages in length.
  • Do be upbeat and active in your wording.
  • Do emphasize what you have done clearly and concretely.
  • Do be neat and well organized.
  • Do have others proofread and critique your resume. Spell check. Make it error free.
  • Do use high quality, white or light colored 8½ x 11 paper. Use a laser printer if possible.
  • Dont be dishonest, always tell the truth about yourself in the most flattering light.
  • Dont include salary history or requirements.
  • Dont include references.
  • Dont include accomplishments that do not support your professional goals.
  • Dont include anything that isnt relevant. (For example, dont mention your fondness for swimming unless you want to work on the water.)
  • Dont use italics, underlining, shadows or other fancy treatments.
  • Seven steps to a successful interview

    1.Anticipate –Put yourself in the interviewers position. What do you believe the interviewer is most interested in? Why do you think you have been invited to interview?

    2.Research –What are the primary functions of the line of business? What are the success factors for the job? Is there a job description available?

    3.Assess –Think about your skills, abilities, knowledge, interests, traits, values and accomplishments. Match them to what you know about the job. Consider which ones you should highlight.

    4.Prepare Answers –Think about what the interviewer may ask, determine what the best answer is and write it down.

    5.Prepare Questions – Interviewing is a two-way street. By asking thoughtful questions, you communicate your interest and learn a lot about the job. Choose two or three questions to ask your interviewer. Avoid asking a lot of questions about vacation time or breaks.

    6.Practice – It may seem awkward, but it is the best way to come across well in an interview. Practice your own "great responses" with others or in front of a mirror until you appear relaxed and at ease.

    7.Follow-up – Send a brief follow-up letter to the interviewer. Keep in mind that the many job searchers will not send a follow-up letter. Sending one can become a competitive advantage.

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    Audit Director • Charlotte, NC, United States

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