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Bank of America

Audit Manager - Counterparty Credit Risk

Bank of America, Wilmington, Delaware, us, 19894


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 Responsibilities: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.Fostering an inclusive work environment, and mentoring team members.Coordinating, scoping and leading team reviews (incl. large, cross-functional audits) to provide timely and complete assurance over the end-to-end Counterparty Credit Risk framework.Independently executing assigned audit activities and supervising audit team for the project engagement as well as engaging in multiple projects simultaneously.Utilizing sound, seasoned analytical skills and possessing product, business, and technical expertise to execute assigned responsibilities.Identifying control trends in assigned business areas as well as impact to the business and the Bank overall by applying deep and broad business acumen.Skills:Analytical ThinkingAudit PlanningInternal Audit ReviewIssue ManagementRisk ManagementBusiness AcumenCoachingProject ManagementRelationship BuildingWritten CommunicationsAttention to DetailAutomationCritical ThinkingTechnical DocumentationRequired and Desired Qualifications:Master’s Degree or equivalent work experienceCounterparty Credit Risk and/or Global Markets knowledge and experience.Desired Skills:Audit or risk control risk/controls background in financial servicesIntermediate Analytical / Automation Skills (Alteryx, Python, SQL, SAS, Advanced Excel and Access)Advanced degreeCPA preferredShift:

1st shift (United States of America)Hours Per Week:

40

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