Audit Supervisor
3 months ago
**About US**
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
**Global Business Services**
Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations.
Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence and innovation.
In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services.
**Process Overview**:
Corporate Audit is a global team responsible for providing independent assessments of business activities throughout Bank of America..
- Successful IT Audit Supervisors will utilize analytical skills and product / technical expertise necessary to perform risk assessments, develop and perform audit test procedures, and report findings to management. IT Audit Supervisors will have responsibilities for planning and executing small audit engagements as an Auditor-in-Charge.
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**:
- 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
**Requirements**:
**Education**: Bachelor’s degree and/or Advanced degree with relevant experience.
**Certifications**:
- Certified Internal Audit (CIA) certification
- Audit or risk control risk/controls background in financial services
- Prior Analytical / Automation Skills (SQL, SAS, Python. Alteryx, Advanced Excel)
- Advanced degree or certifications (CIA, CISA etc - CPA Preferred)
- Certified Anti-Money Laundering Specialist (CAMS), Certified Internal Auditor (CIA), Certified Public Accountant (CPA), Certified Regulatory Compliance Manager (CRCM), or Certified Fraud Examiner (CFE)
**Experience Range**: Minimum 8 years Audit or risk control risk/controls background preferably in financial services.
**Foundational Skills**:
- A minimum of 3 years in a lead auditor / Auditor-in-Charge (AIC) role.
- Risk assessment skillset to enable evaluation of processes and other operational risks, identification of controls and determination of gaps and weaknesses.
- Strong written/verbal communication skills with the ability to communicate issues/concerns and recommend corrective course of action. Capability to effectively influence risk direction and willingness to take a stand when required.
- Intellectual curiosity to identify areas of risk co
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