Market Risk Auditor

Market Risk Auditor

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Market Risk Audit

Market Risk Audit is a global team of subject matter experts in traded market risk and valuation within Corporate Audit. We are looking for someone with a risk-based audit skillset and traded market risk & valuation subject matter expertise to perform audit work (design & execute test programs; develop & communicate evidenced-based conclusions on the effectiveness of business process controls; validate issues; manage stakeholder relationships) with a specific focus on the Market Risk and Global Markets areas as part of the global Market Risk Audit team. The successful candidate will be expected to work closely with team members across the globe and engage with key partners in the Corporate Audit organization.

Responsibilities

Responsibilities for this role include :

• Assessing the control environment effectiveness of market risk measurement and valuation processes within Global Markets Risk and Global Markets, providing independent challenge to existing approaches as needed.
• Working flexibly as part of the global team on audit projects as required, including providing subject matter expert support to other teams within Corporate Audit.
• Performing thorough technical analyses and summarizing results in concise and impactful report conclusions for distribution and presentation to senior management and bank regulators.
• Proposing and executing test programs as part of day-to-day audit work.
• Developing and managing independent relationships with stakeholders across first and second lines.
• Maintaining timely and relevant knowledge and awareness of business, industry, and regulatory trends, best practices, and standards.
• Close work with a support development team to enhance and automate testing by leveraging new technologies and artificial intelligence.

Qualifications

Required qualifications include :

Desired qualifications include :

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, 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.