Job Description:

Job Title: Audit Manager or Audit Supervisor – Enterprise Control Functions

Corporate Title: Vice President

Location: Chester

Company Overview:
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!

Location Overview:

Find us in the city of Chester, a destination renowned for its culture, history, and beauty. Working at Bank of America Chester offers a far-reaching global career for a world-renowned organisation, whilst being ideally situated against the backdrop of the rolling North Wales hills and the banks of the serene River Dee.

The Team:

As a member of the Corporate Audit team this is  unique opportunity to work within a collaborative and diverse team, covering Enterprise Control Functions, with teammates across Europe and the Globe.

Role Overview:

The role is to oversee and execute assigned areas of audit work acting as the auditor in charge (AIC) on individual audit assignments covering  wide range of Lines of Businesses (LOBs) including mainly CFO but also Legal, Compliance and Operational Risk and HR.  The role requires sound analytical skills to plan and execute high quality, risk-based audits, to oversee the team to ensure clear and logical workpaper documentation is produced supporting testing conclusions, and to raise issues and concerns and assess these for impact to business processes and controls. Good written and verbal communication skills are essential for drafting high quality audit reports and sharing audit results with business leaders. Critical thinking and sound judgment are required to effectively influence management to improve the control environment. Job expectations include fostering a positive and inclusive work environment, building a well performing cohesive team  and establishing good business partner relationships. This role provides a great potential for exposure to management across the company and opportunity to engage in interesting, diverse and impactful work.

Responsibilities

Plan and execute regional and global audit reviews within the ECF team covering multiple LOBs.Identify key risks, document process understandings, and evaluate the adequacy of internal controls .Assess compliance with enterprise standards applicable to product control areas, financial accounting, financial and regulatory reporting, liquidity reporting or recovery and resolution planning.Conduct root-cause analysis of issues identified document these issues and validate that remedial action and key risks have been mitigated.Draft good quality audit reports and escalates audit results to business leaders.Assess potential for the use of automation in audit testing.Prepare high quality audit documentation ( PowerPoint decks summarising scoping and testing strategies and test results) as well as presentations to senior management.Independently conducts/oversees issue validations.Ability to juggle multiple work efforts and to quickly change direction if required.

Required Experience:

Bachelor’s degree in Finance, Accounting, Economics, Business, or a related field.Professional qualification, either  ACA, ACCA, FRM or equivalent.Extensive experience in the product control areasOther desired experience relates to accounting, financial, regulatory or liquidity reporting.

Required Skills

Self-starter, desire to learn able to teach others, positive attitude, exhibits flexibility.Strong analytical skills.Leadership skills to be able to build and motivate teams.Ability to be proactive, work independently and manage the timely delivery of multiple tasks simultaneously in a fast-paced environment.Excellent interpersonal skills and ability to effectively interact with diverse teams.Team player with a solution-oriented attitude and strong risk mindset.Strong interpersonal and communication skills, capable of presenting complex findings to senior management.Experience using audit project management tools and familiarity with data analytics (e.g., Alteryx, Excel, SQL) preferable.

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Benefits of working at Bank of America:

UK

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner
• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons
• 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum
• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.
• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.
• Access to an Employee Assistance Program for confidential support and help for everyday matters
• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution
• Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK’s most iconic cultural institutions and exhibitions.
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.

Bank of America:

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependents or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.