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: Reporting to a Director, this role is responsible for providing independent and objective assurance to improve the organization's operations and compliance with key regulations by evaluating the effectiveness of risk management, control, and governance processes.Audit teams work alongside the Treasury, Finance, and Risk divisions to conduct reviews of the Company's processes including:Capital adequacy / managementEnterprise capital stress testingU.S. standardized and advanced approaches capital calculationsBaseline forecastingExecutes audit strategy for the sound application of risk-based auditing by defining audit scope and audit program, and leverages automation and innovative methods in a timely and high quality manner.Identifies control deficiencies, discusses with line management, and initiates control matter recommendations.Establishes business partner relationships, primarily with line management, to develop business knowledge.Assesses impacts to business processes, controls, and strategies to provide recommendations on severity ratings.Exercises sound judgment to effectively influence management to improve the control environment while developing knowledge of product, business, and technical expertise.Develops skills to use innovative tools to complete audit activities more efficiently (e.g., testing).Required Qualifications: 3+ years of Audit, Risk, Business Control, Compliance, Finance or other relevant experience.Working knowledge of capital adequacy process, stress testing, baseline forecasting, or U.S. standardized and advanced approaches capital requirements.Intermediate Analytical / Automation Skills (SQL, SAS, Advanced Excel and Access).Ability to execute audit test plans within a risk-based audit methodology.Sound organizational, analytical, oral and written communication skills.Self-starter, desire to learn, able to teach others, positive attitude, exhibits flexibility.Ability to work in a very detailed manner.Proficiency in Microsoft Office Products.Desired Qualifications: Bachelor's Degree or equivalent work experience.Shift: 1st shift (United States of America)
Hours Per Week: 40
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