Audit Director
At a glance
Director-level Audit & Controls role at Bank of America. Charlotte · full-time · $215,000–$263,200 base.
financeroles summary, based on the employer's posting.
What you'll do
- Set audit coverage priorities by assessing risks and planning for current and emerging issues in your assigned areas
- Guide audit teams through planned reviews, keeping delivery on schedule and aligned with quality and policy requirements
- Work with senior leaders to align business plans with suitable risk controls, and discuss audit findings with regulators and business leaders
- Lead team performance, including coaching, talent planning, and workforce development
- Manage audit group operations, including staffing, communications, and expenses
What you bring
- At least ten years in audit, risk management, business controls, or quality assurance
- Five or more years leading teams or organizations
- A bachelor's or advanced degree, together with relevant experience
Who this fits
This director role suits an experienced audit leader who can shape coverage plans, influence senior partners, and develop teams. It is a full-time, first-shift position based in Charlotte, with a forty-hour workweek.
From the employer
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 managing business groups within Corporate Audit and executing on personnel, communication, and expense management activities. Key responsibilities include planning and developing the audit strategy and managing audit services, influencing business executives, and helping business partners balance business strategy with risk management controls. Job expectations include working with senior leadership to develop Audit's coverage strategies, managing relationships with regulatory agencies and internal business management groups, and overseeing personnel issues.
Responsibilities:
Communicates Corporate Audit's mission, goals, and strategies, and the importance of operational effectiveness and drives continuous improvement while demonstrating a strategic mindset and leading and supporting change
Oversees audit teams to ensure timely execution of the audit plan within quality standards and in conformance to audit policies and procedures
Leverages a risk mindset to proactively identify risks, analyze themes, and continually evaluate areas of priority against the company’s risk profile and control environment
Engages with senior leaders and influences business partners to balance business strategy with appropriate risk management controls
Maintains relationships with regulatory agencies and leadership teams by proactively driving communications and discussing audit results
Develops the audit coverage strategy and plan, assesses risks, and provides appropriate coverage for current and/or emerging risks for assigned areas
Manages team performance by training and mentoring, and attracts, develops, and retains a diverse workforce through talent planning
Required Qualifications
10 yrs Audit, Risk Management, Business Controls or Quality Assurance experience
Minimum 5 years in leadership role managing teams or organizations.
Bachelor’s degree and/or Advanced degree with relevant experience.
Desired Qualifications
Knowledge of Compliance and Operational Risk Frameworks
Knowledge of Global Markets Products and Processes
Understanding of Data Management Framework and Policy
Skills:
- Audit Planning
- Regulatory Relations
- Relationship Building
- Risk Management
- Talent Development
- Critical Thinking
- Project Management
- Strategic Thinking
- Strategy Planning and Development
- Written Communications
- Executive Presence
- Financial Management
- Internal Audit Review
- Workforce Diversity Management
Shift:
1st shift (United States of America)Hours Per Week:
40Pay Transparency details
US - RI - Providence - 1 Financial Plaza (RI1537)Pay and benefits informationPay range$215,000.00 - $263,200.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.BenefitsThis role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.