Audit Director

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

Engageswith senior leaders andinfluences 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: 40

Pay Transparency details US - RI - Providence - 1 Financial Plaza (RI1537)

Pay and benefits information Pay range $215,000.00 - $263,200.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible This 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.

Benefits This 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.

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