Audit Director - Business Enablement

Posted:
7/16/2024, 5:00:00 PM

Location(s):
Rhode Island, United States ⋅ Wilmington, Delaware, United States ⋅ Providence, Rhode Island, United States ⋅ Texas, United States ⋅ Dallas, Texas, United States ⋅ North Carolina, United States ⋅ Charlotte, North Carolina, United States ⋅ Delaware, United States ⋅ East Hartford, Connecticut, United States ⋅ Connecticut, United States

Experience Level(s):
Senior

Field(s):
Business & Strategy

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.

CACR Learning Steward & Associate Readiness leader is responsible for establishing the strategy and overseeing the learning plan for CACR.  This not only includes the training plan for onboarding and continued learning, but also for associate readiness.  This role is responsible for working to prioritize and revise the learning plan on an ongoing basis and work with internal and external stakeholders for delivery of the content. Responsible for establishing a communication and training program including proactive engagement with internal stakeholders and business support partners (HR and communications) for key business and process changes.

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
  • Partner with the academy to drive strategic direction of CACR learning and comply with company standards (learning council charter) and set annual training plan
  • Endorsing LOB-initiated enterprise required, regulatory and cross-LOB training (could include training to FLU and CF’s)
  • Reviewing, debating, and approving annual learning plan and changes throughout the year
  • Reviewing and approving the audience for all learning needs and driving completion of all required learning
  • Ensure training plan addresses skills gaps when identified including those identified through enterprise and business specific skill assessment results, quality assurance/business performance metrics and regulatory feedback.
  • Establish communication and training plan for significant business and process changes across CACR – requires ongoing engagement with CACR stakeholders
  • Coordinate across CACR to support team specific training needs

Required Qualifications:

  • Bachelors’ Degree or equivalent years of experience
  • Minimum 10-15 years in an Audit / Assurance role or have a similar background
  • Audit, Risk or Compliance experience in Financial Institutions.
  • Strong understanding of technology, general controls, and other controls
  • Sound organizational, analytical, oral, and written communication skills including ability to effectively write reports, present to management and various regulators.
  • Ability to work in a matrix reporting structure.
  • Ability to successfully communicate to influence management and lead change on both strategic and tactical initiatives.
  • Excellent interpersonal skills.
  • Ability to effectively interact with diverse teams.
  • Sound organizational, analytical, oral, and written communication skills including ability to effectively document issue validation
  • Understanding of audit practices and methodologies as well as rules for professional and ethical conduct.
  • Ability to think critically and apply audit and technical expertise.

Desired Qualifications:

  • Master’s Degree
  • Strong presentation skills.
  • Professional certification preferred (e.g. CPA, CIA)
  • Audit / Assurance or operational experience in large scale enterprise environment / financial institution.

Shift:

1st shift (United States of America)

Hours Per Week: 

40