Job Information
Bank of America Global Credit, AML and Onboarding Operations Audit & Exam Leader in Charlotte, North Carolina
Global Credit, AML and Onboarding Operations Audit & Exam Leader
Charlotte, North Carolina;Jacksonville, Florida
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 Description:
This job is responsible for leading and executing on internal control discipline and operational excellence within a Line of Business (LOB) or Enterprise Control Function (ECF). Key responsibilities include executing LOB or ECF processes and tools to drive adherence to enterprise-wide standards. Job expectations include supporting the implementation of quality assurance and quality control processes within the LOB or ECF through ongoing monitoring and testing of controls, identifying issues and control improvements for remediation, and building out actions plans and milestones.
Line of Business Job Description:
Principle individual contributor who is an integral and active part of the dynamic Global Business Controls organization under Global Credit AML and Onboarding Operations (GCAOO). The team is seeking to strengthen its risk management governance, accountability, routines, and strategy. The associate for this position would be expected to leverage in-depth subject matter knowledge and a global mindset to lead our Audit and Exam Readiness efforts. The associate will serve as the primary point of contact and risk management expert supporting the GCAOO business units during audits, exams and assessments. The associate will manage the engagement activities, timeframe, and interface between the auditor/regulators and business units. Additionally, the associate will support our proactive risk management efforts in performing targeted assessments and analysis for various business units.
Responsibilities:
Lead, oversee and coordinate audits, exams and assessments on behalf of the line of business (LOB)
Partner with key stakeholders, schedule and facilitate meetings, as well as review and document complete and accurate LOB responses
Track engagement requests, deliverables, and approvals to drive timely and accurate completion of all audit/exam milestones, presentation and artifacts
Partner with Business Control and Remediation Team on any identified observations, action plan development and issue remediation closure
Perform proactive risk reviews and testing to validate control effectiveness and adherence to procedures, standards, policies, compliance and regulatory requirements
Perform due diligence, root cause analysis, and control gap assessments
Identify control deficiencies, discuss, review, and make recommendations with LOB for process improvements and initiate control recommendations
Work collaboratively across the regions to support a consistent Audit and Exam Readiness strategy and framework
Coordinate, track and deliver periodic management reporting and thematic analysis
Ensure prompt escalation and leadership visibility to 'at risk' activities
Requirements:
Minimum of 4 years’ experience in an Audit, Risk, Compliance, Business Control or AML environment; Preferred 3 years related to audit and regulatory engagement activities
Certified Internal Auditor (CIA), Project Management or Six Sigma certification, preferred
Strong understanding of risk management and core audit methodology principles and practices
Presentable, confident and client focused. Client facing experience or ability to conduct discussions with senior leaders in a confident manner
Excellent communications skills (verbal and written) with demonstrated ability to communicate effectively to an executive level audience
Strong analytical and problem-solving skills to identify trends and risks as well as define alternative mitigation strategies
Ability to form strong relationships and leverage conflict resolution strategies to gain agreement on risk improvement plans
Ability to work under pressure in a team environment
Adapts well to changes and competing priorities
Ability to liaise with all levels of the firm and people with different experiences and backgrounds
Self-motivated and able to work independently. Candidate will be able to manage own time and know when to escalate
Other Qualifications:
Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions
Excels in working among diverse viewpoints to determine the best path forward
Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner
Commitment to challenging the status quo and promoting positive change.
Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base
Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world
Shift:
1st shift (United States of America)
Hours Per Week:
40
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .
To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .
Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.
To view Bank of America’s Drug-free workplace and alcohol policy, CLICK HERE .
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