Full-Time

Audit Supervisor

Mortgage and Auto

Posted on 11/21/2024

Bank of America

Bank of America

10,001+ employees

Provides banking and financial services globally

Fintech
Financial Services

Compensation Overview

$100k - $125kAnnually

+ Discretionary Incentive

Senior

Stamford, CT, USA + 5 more

More locations: Providence, RI, USA | Charlotte, NC, USA | Hartford, CT, USA | Wilmington, DE, USA | Atlanta, GA, USA

In-office presence required in Charlotte, Atlanta, Stamford, Wilmington, Providence, and East Hartford.

Category
Real Estate
Real Estate Finance
Real Estate Property Management
Required Skills
Data Analysis
Requirements
  • Minimum 5 years Audit or risk control risk/controls background preferably in financial services.
  • Strong analytical skills. Ability to analyze large amounts of data and turn it into usable information.
  • Strong project management skills, proven organizational, coordination and action tracking skills.
  • Experience in performing end-to-end substantive testing. Understanding of statistical sampling testing approach is a plus.
  • Ability to plan, execute and evaluate audit test plans within a risk-based audit methodology.
  • Ability to work in a very detailed manner as well as to look broadly across a population and develop connections and themes identifying risk and concerns.
  • Ability to successfully communicate to influence management and lead change in both strategic and tactical initiatives.
  • Self-starter, desire to learn able to teach others, positive attitude, exhibits flexibility.
  • Bachelor’s degree OR equivalent work experience.
Responsibilities
  • Executes audit strategy for the sound application of risk-based auditing by defining audit scope and audit programs, and leverages automation and innovative methods in a timely and high quality manner.
  • Exercises sound knowledge of product, business, and technical expertise to effectively challenge management to improve the control environment.
  • Assesses impacts to business processes, controls, and strategies to provide recommendations on severity ratings.
  • Provides input on draft audit reports and shares audit results with business leaders.
  • Supports the development of peers and teams through on-the-job-training and fosters an inclusive work environment.
  • Establishes business partner relationships, primarily with line management, to develop business knowledge.
  • Uses innovative tools to complete audit activities more efficiently (e.g., testing).

Bank of America provides a wide range of financial services to individuals, small and medium-sized businesses, and large corporations. Their offerings include banking, investing, asset management, and risk management products. The company serves around 56 million consumer and small business clients in the U.S. and is recognized as a leading wealth management firm. Additionally, Bank of America is a major player in corporate and investment banking, as well as trading. What sets Bank of America apart from its competitors is its extensive client base and comprehensive service offerings that cater to various financial needs. The company's goal is to help clients achieve their financial objectives through a diverse array of financial solutions.

Company Stage

IPO

Total Funding

N/A

Headquarters

Charlotte, North Carolina

Founded

1904

Simplify Jobs

Simplify's Take

What believers are saying

  • Bank of America is exploring blockchain for faster, secure cross-border payments.
  • The bank collaborates with fintech firms to enhance digital offerings.
  • It invests significantly in cybersecurity to protect customer data and maintain trust.

What critics are saying

  • Increased competition in the credit facility market may impact market share.
  • Large corporations raising capital through share sales could affect traditional banking services.
  • The rise of fintech platforms could disrupt traditional syndicated loan processes.

What makes Bank of America unique

  • Bank of America is a global leader in corporate and investment banking.
  • The company is committed to a $1 trillion sustainable finance goal by 2030.
  • It invests heavily in AI-driven customer service tools for enhanced user experience.

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