Audit Manager – Consumer Compliance

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 overseeing assigned areas of audit work acting as an Auditor-in-Charge (AIC), and executing on the audit strategy for Lines of Business (LOBs). Key responsibilities include driving risk-based auditing by defining scope and test procedures to evaluate the control environment in conformance with audit policies, assessing issues for business impact and recommending severity ratings, drafting audit reports, and managing business partner relationships. Job expectations include fostering an inclusive work environment, and mentoring team members.Responsibilities:Executes audit strategy for the sound application of risk-based auditing by defining audit scope and audit programs, and drafting audit reports leveraging automation and innovative methods in a timely and high quality manner.Acts as Auditor-in-Charge (AIC) by overseeing audit testing and ensuring it is executed in a timely manner and conforms with quality standards, audit policies, and procedures.Assesses impacts to business processes, controls, and strategies to provide recommendations on severity ratings and escalate broad themes or trends accordingly based on existing business knowledge.Exercises intellectual curiosity and judgment to effectively influence and challenge management to improve the control environment and drive continuous improvements on audit.Oversees a team of associates and provides day-to-day mentoring and guidance and fosters an inclusive work environment.Maintains business partner relationships, primarily with line management, to develop business knowledge.Exercises sound knowledge of product, business, and technical expertise to effectively challenge management to improve the control environment.Skills:Analytical ThinkingAudit PlanningInternal Audit ReviewIssue ManagementBusiness AcumenCoachingProject ManagementRelationship BuildingAttention to DetailAutomationCritical ThinkingTechnical DocumentationREQUIRED QUALIFICATIONS:7+ years of direct experience with consumer financial laws/regulations through direct responsibility to comply with multiple laws/regulations in business as usual responsibilities and/or providing oversight of compliance laws/regulations and/or auditing compliance as part of overall audit coverage responsibility.Solid knowledge and understanding of U.S. consumer financial laws and regulations.Ability to execute in a fast paced, high demand, environment while balancing multiple priorities.Working knowledge of regulatory landscape.Bachelor’s Degree or equivalent years experience.DESIRED QUALIFICATIONS:Professional Compliance or Audit Certification desired (e.g. CRCM (Certified Regulatory Compliance Manager), CIA (Certified Internal Auditor)).Experience with automation, machine learning, or artificial intelligence.Shift:1st shift (United States of America)Hours Per Week:40Pay Transparency details:US - RI - Providence - 1 Financial Plaza (RI1537)Pay range: $115,600.00 - $157,000.00 annualized salary, offers to be determined based on experience, education and skill set. Discretionary incentive eligible. This 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.Benefits: This 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.Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please contact us by calling

1.877.760.2076 . This is a dedicated line designed exclusively to assist job seekers whose disability prevents them from being able to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.Please note:

Messages left for other purposes such as following up on an application or non-disability related technical issues, will not receive a response.

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