Senior Audit Manager

2 weeks ago

London, UK, United Kingdom Bank of America Full time
Job Description:

Job Title: Senior Audit Manager - International GTS and GCIB

Corporate Title: Senior Vice President

Location: London

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:

London: Our London office is based just a stone's throw from the magnificent St. Paul's Cathedral on bustling King Edward Street. Here you'll find modern workspaces and a state-of-the-art auditorium space. In addition, we're proud to host an onsite restaurant that shares our commitment to sustainability by providing delicious seasonal menus which have been created with the planet in mind. Make sure to take time for yourself and head up to our rooftop terrace and take in the spectacular views across London. Finally, your physical wellness is well-catered for with our onsite gym facilities and medical centre.

Role Overview:

As Senior Audit Manager International GTS and GCIB, you will use your Line of Business expertise to lead and manage a portfolio of Audits.

The Team:

The International GTS and GCIB team currently comprises of 12 Auditors with diverse experience and skills. The team is well diversified in relation to gender and ethnicity with a strong focus on ensuring the physical and mental wellness of associates, maintaining team spirit, sharing knowledge and experience, valuing every associate's contribution, helping associates to develop and progress their careers as well as ensuring that associates enjoy the work environment (whether working virtually or in the office). We also offer internal and external training opportunities to associates to develop their technical/ product and soft skills.

Responsibilities:
  • Involvement in the annual Audit strategy and delivery of the annual audit plan for International Global Transaction Services (GTS) and support the global audit plan for Global Corporate and Investment Banking (GCIB)
  • Execution of quality and timely risk-based audits with very well written audit reports
  • Monitoring business risks (emerging and crystalized), identifying and escalating themes as well as continually evaluating audit coverage priorities based on risk profiles
  • Developing effective and efficient audit coverage strategies for GCIB and GTS business activities
  • Coaching and developing the team
  • Building and maintaining effective, open, objective relationships with Business Stakeholders that influence improved risk culture and control environments in lines of businesses
  • Drive Operational Excellence in audit processes and lead the build out of predictive data analytics and continuous monitoring routines
  • Horizon scanning for regulatory and industry developments to consider for audit coverage
  • Participation in Regulatory Inspections (including preparation of quality Audit Decks) and responding to Regulatory Requests

What we look for:
  • Leadership in living company and corporate audit values as well as demonstrating strategic thinking around risk coverage, audit team development and business stakeholder management
  • Good understanding of risks and controls within these banking businesses and demonstration of critical thinking as well as a strategic mindset which is open to and drives impactful change
  • Confident interpersonal and motivational skills to coach, supervise and lead the team consisting of seasoned/experienced auditors and junior members in multiple locations. Includes effective delegation and direction of team's focus on key risk areas
  • Strong communication skills to manage conversations (including difficult discussions) around associate performance feedback in a composed yet assertive manner
  • Strong stakeholder engagement skills with proven influencing skills to manage stakeholder dialogue (including respectful and objective challenge of stakeholder views on risks and controls)
  • Ability to prioritize and deliver high quality results timely through organisational awareness, effective decision making and sense of ownership
  • Intellectual curiosity, holistic thinking, appreciation of the regulatory landscape and the ability to change focus quickly
  • Good understanding of the audit process, methodology and infrastructure
  • Very strong team player, able to work collaboratively and respectfully with other Audit teams to achieve the overall objectives of Global Corporate Audit and Credit Review
  • Receptive to feedback (from audit and business stakeholders) and utilizing this to continuously improve and drive career progression

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 virtual tutoring 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
  • Use of a flex fund to use towards benefits
  • Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services
  • 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 Programme and receive discounted entry to some of the UK and Ireland's most iconic cultural institutions
  • Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area

Ireland
  • 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 virtual tutoring and 20 days of adult-care per annum
  • 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, specified illness cover etc
  • Use of a flex fund to use towards benefits
  • Access to free counselling through an Employee Assistance Programme and virtual GP services
  • Opportunity to donate to charities of your choice directly through payroll and the bank will match your contribution
  • Opportunity to join our Arts & Culture corporate membership Programme and receive discounted entry to some of the UK and Ireland's most iconic cultural institutions
  • Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area

France
  • Competitive retirement plan in addition to State plans
  • Mandatory Medical Plan provided by the bank as a top-up to Social Security health benefits for you and your family.
  • Employees and family members can receive free health advice 24/7 through a range of English and French speaking medical providers
  • Life and disability insurance
  • Time Savings Account ('CET') to save some of your leave days, cash them out or use them later
  • Reimbursement of 50% of your commuter pass
  • Nursery scheme for children under age 3
  • Works council benefits
  • Access to an Employee Assistance Programme for confidential support and help for everyday matters
  • Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering with local charities
  • Opportunity to receive free entry to arts exhibitions sponsored by Bank of America in Paris

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.

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