AVP-Senior Auditor

Overview

Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. We are committed to attracting and retaining top talent across the globe to ensure our continued success. Along with taking care of our customers, we want to be the best place for people to work and aim at creating a work environment where all employees have the opportunity to achieve their goals.

We are a part of the Global Business Services which delivers technology and operations capabilities to Bank of America lines of business (LOB) and enterprise functions.

Our employees help our customers and clients at every stage of their financial lives, helping them connect to what matters most. This purpose defines and unites us. Every day, we are focused on delivering value, convenience, expertise and innovation for individuals, businesses and institutional investors we serve worldwide.

BA Continuum is a nonbank subsidiary of Bank of America, part of Global Business Services in the bank.
Process Overview

The role sits within the global GCIB audit team at an AVP level and involves interactions across teams globally.

Job Description

The team provides audit coverage of GCIB including GTS, which covers the full suite of businesses across M&A Advisory, Debt and Equity Capital Markets, bi-lateral and syndicated lending, Global Leasing, and Global Transaction Services (GTS), e.g. Global Payments and Receivables, Cash Management, Trade & Supply Chain Finance, Commercial Cards.

This is a high visibility role and requires engagement with both global and regional stakeholders across various businesses and functions within the GCIB Business.

Responsibilities

The role involves playing a key role in the audits of Global Corporate and Investment Banking (GCIB)including Global Transaction Banking (GTS). We expect the individual to work as an individual contributor on global audits either remotely or locally and conduct testing independently but maintain ongoing interaction and manage time zone differences. In particular:
Develop/support an audit plan (e.g., audit scope, audit test plans) based on detailed evaluation of process/business risks and controls. Perform high-quality audit test execution. Clearly and accurately document the execution of specific audit procedures as defined by the projects’ objectives and planned audit approach. Engage with business stakeholders to agree on potential issues / control gaps. Draft quality and timely audit reports supporting audit opinions and share results with audit and business leaders. Ensure timely completion of audits.

Demonstrate professionalism and competence. Stay informed of current economic developments, risk, processes, and controls relevant to GCIB and GTS.
Exercise critical and out of box thinking, analytical skills and professional judgment to influence business partners, senior business managers and peers. Help business partners to balance their business strategy with appropriate risk management controls.
Work in a very detailed manner as well as look broadly across a population and develop connections and themes identifying risks and concerns