| Employer: | Bank of America
| Job Ref No: |
1200005481
| Job Title: |
Audit Manager : 1200005481
| Sector: |
Asset Management
| Risk Type: |
Regulatory/Compliance
| Expertise: |
Other
|
Responsibility over a small group of auditors with focus on moderate complex businesses. Handles personnel management, communication, and expense management for audit group under responsibility. Proactively implements audit strategy by defining audit scope, audit program & audit test procedures in area of responsibility. Manages business partner relationship for areas of responsibility. Anticipates and exercises critical thinking and judgment to effectively influence business management & peers and acts as a catalyst. Helps business partners balance their business strategies with appropriate risk management controls from an line of business perspective. Interacts with regulatory agencies, external consultants and others in coordination with Senior Audit Management. Communication of Corporate Audit�s mission, goals and strategies. Coaches & trains associates within Group and across audit.
Responsibility to manage a small group of auditors with focus on the Bank's framework that covers Operational Risk. The responsibilities include: a subject matter expert on Operational Risk, project management of audits, strong communication with Business and Audit management, personnel management, and expense management for audit group under responsibility. Proactively implements audit strategy by defining audit scope, audit program & audit test procedures in area of responsibility. Manages business partner relationship for areas of responsibility. Anticipates and exercises critical thinking and judgment to effectively influence business management & peers and acts as a catalyst. Helps business partners balance their business strategies with appropriate risk management controls from a business perspective. Interacts with regulatory agencies, external consultants and others in coordination with Senior Audit Management. Communication of Corporate Audit's mission, goals and strategies. Coaches & trains associates within Group and across audit.. Qualifications
Required Skills:
- Specific Skills, Knowledge and Abilities
- Strong knowledge of operational risk management processes at large complex banking organizations
- Experience in Audit
- Exposure to trading and transaction businesses, risks, processes and execution systems
- Regulatory risk experience (Basel II, experience with regulatory examinations/expectations)
- Audit or examination experience that includes designing and executing audit work programs
- Ability to develop and convey a point of view
- Ability to quickly navigate complex organization - both functional and legal entity structures
- Superior oral and written communication; comfortable making presentations to executives and large groups of professionals, external auditors and regulators
- Creative thinker in risk and financial matters who can map out creative solutions and lead their implementation
- Collaborative and takes ownership to ensure the quality of the audit team's product / output and success
- Capability to prioritize multiple demands
- Possess business acumen and judgment plus ability to resolve and communicate key issues to all levels.
- 10- 15 years experience in financial services, with a focus on risk management
- Demonstrated experience managing a team, and ability to take initiative to influence and drive results within a complex organization
- Team development, coaching and training skills
- Leadership experience on audit or examination teams preferred
- Advanced degree and/or professional certifications preferred.
Desired Skills:
- Operatioanl Risk & Basel II Accord experience.
- Bank regulatory and examination experience
- Knowledge and understanding of Risk Goverance & Regulatory Risk Experience
| Region/Country: |
Americas, United States
| States/Counties: |
New York
| City: |
NEW YORK
| Address: | | Post Date: | 02/09/2012 |
