Senior Audit Manager

Company: Bank of America
Location: East Hartford
Posted on: June 15, 2022

Job Description:

Senior Audit ManagerCharlotte, North Carolina;Atlanta, Georgia; East Hartford, Connecticut; Plano, Texas; Wilmington, Delaware**Job Description:**Accountable for auditing moderate to complex businesses ranging in scale and scope. Implements and communicates Corporate Audits mission, goals, and strategies. Responsible for developing an audit plan for assigned areas of responsibility including proper assessment and coverage of risks, including emerging risks. Demonstrates critical thinking, strategic mindset and leads and supports change. Executes assigned components of the audit plan in a timely manner, within quality standards and in conformance to audit policies and procedures. Assesses issues for impact to business processes, controls, and strategies, assigns severity ratings and escalates broad themes or trends. Produces quality and timely audit reports that summarize results of an audit to management. Manages business partner relationships for areas of responsibility, primary engagement with line management. Exercises critical thinking and judgment to effectively influence management to improve the control environment. Participates in communication with regulatory agencies. Manages performance of the team, including expense management. Provides effective and frequent coaching and development to assigned audit team. Responsible for development, retention, and personnel management issues. Fosters an inclusive work environment.**Responsibilities**+ Challenge LOB to ensure that the remediation is comprehensive and sustainable+ Leverage risk mindset and influence LOB leaders to drive proper remediation of regulatory gaps+ As required, engage with regulators to walk through validation work+ Develop test plans designed to address the risk and root cause of the issue+ Reviewing the work performed by their team including coaching associates+ Work with leadership to effectively prioritize issues that may be past due or high risk+ Effectively manage time to complete assigned issues within a reasonable timeframe+ Proactively communicate status, escalate challenges and findings+ Establish and maintain business partner relationships+ Actively support peers and broader team during issue validation and other work**Required Skills & Experiences**+ Bachelors' Degree or equivalent years of experience+ Minimum 10-15 years in an Audit / Assurance role or have a similar background+ Audit, Risk or Compliance experience in Financial Institutions.+ Strong understanding of technology, general controls, and other controls+ Sound organizational, analytical, oral, and written communication skills including ability to effectively write reports, present to management and various regulators.+ Ability to work in a matrix reporting structure.+ Ability to successfully communicate to influence management and lead change on both strategic and tactical initiatives.+ Excellent interpersonal skills.+ Ability to effectively interact with diverse teams.+ Sound organizational, analytical, oral, and written communication skills including ability to effectively document issue validation+ Understanding of audit practices and methodologies as well as rules for professional and ethical conduct.+ Ability to think critically and apply audit and technical expertise.**Desired Skills and Experience**+ Master's Degree+ Strong presentation skills.+ Professional certification preferred (e.g. CPA, CIA)+ Audit / Assurance or operational experience in large scale enterprise environment / financial institution.**Job Band:**H4**Shift:**1st shift (United States of America)**Hours Per Week:**40**Weekly Schedule:****Referral Bonus Amount:**0**Job Description:**Accountable for auditing moderate to complex businesses ranging in scale and scope. Implements and communicates Corporate Audits mission, goals, and strategies. Responsible for developing an audit plan for assigned areas of responsibility including proper assessment and coverage of risks, including emerging risks. Demonstrates critical thinking, strategic mindset and leads and supports change. Executes assigned components of the audit plan in a timely manner, within quality standards and in conformance to audit policies and procedures. Assesses issues for impact to business processes, controls, and strategies, assigns severity ratings and escalates broad themes or trends. Produces quality and timely audit reports that summarize results of an audit to management. Manages business partner relationships for areas of responsibility, primary engagement with line management. Exercises critical thinking and judgment to effectively influence management to improve the control environment. Participates in communication with regulatory agencies. Manages performance of the team, including expense management. Provides effective and frequent coaching and development to assigned audit team. Responsible for development, retention, and personnel management issues. Fosters an inclusive work environment.**Responsibilities**+ Challenge LOB to ensure that the remediation is comprehensive and sustainable+ Leverage risk mindset and influence LOB leaders to drive proper remediation of regulatory gaps+ As required, engage with regulators to walk through validation work+ Develop test plans designed to address the risk and root cause of the issue+ Reviewing the work performed by their team including coaching associates+ Work with leadership to effectively prioritize issues that may be past due or high risk+ Effectively manage time to complete assigned issues within a reasonable timeframe+ Proactively communicate status, escalate challenges and findings+ Establish and maintain business partner relationships+ Actively support peers and broader team during issue validation and other work**Required Skills & Experiences**+ Bachelors' Degree or equivalent years of experience+ Minimum 10-15 years in an Audit / Assurance role or have a similar background+ Audit, Risk or Compliance experience in Financial Institutions.+ Strong understanding of technology, general controls, and other controls+ Sound organizational, analytical, oral, and written communication skills including ability to effectively write reports, present to management and various regulators.+ Ability to work in a matrix reporting structure.+ Ability to successfully communicate to influence management and lead change on both strategic and tactical initiatives.+ Excellent interpersonal skills.+ Ability to effectively interact with diverse teams.+ Sound organizational, analytical, oral, and written communication skills including ability to effectively document issue validation+ Understanding of audit practices and methodologies as well as rules for professional and ethical conduct.+ Ability to think critically and apply audit and technical expertise.**Desired Skills and Experience**+ Master's Degree+ Strong presentation skills.+ Professional certification preferred (e.g. CPA, CIA)+ Audit / Assurance or operational experience in large scale enterprise environment / financial institution.**Shift:**1st shift (United States of America)**Hours Per Week:**40Learn more about this roleFull timeJR-22049867Band: H4Manages People: NoTravel: Yes, 5% of the timeManager:Talent Acquisition Contact:Tonya SloanReferral Bonus:0Connecticut pay and benefits information**Connecticut pay range:**$120,000 - $175,000annualized 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, 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 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 and affirmative action, 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.To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) .Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy ("Policy") establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.To view Bank of America's Drug-free workplace and alcohol policy, CLICK HERE .

Keywords: Bank of America, East Hartford , Senior Audit Manager, Executive , East Hartford, Connecticut