Corporate Audit is responsible for performing independent reviews and tests to ensure that appropriate controls over risk are in place and functioning properly throughout Bank of America. The department covers all areas of the Corporation and performs reviews based upon assessments of the higher risk items to the Company.
The group regularly provides management and the Board of Directors with a thorough and independent assessment of the Corporation's risk management systems and internal controls. Additionally, Corporate Audit provides risk-based advice and counsel to management to help develop and maintain an appropriate customer-focused risk management culture that supports the Corporation's business objectives.
Overview
Corporate Audit maintains robust processes for reviewing risk and controls throughout the Corporation. Each business is closely examined and risk assessed whereby decisions to conduct specific audit jobs are made based upon the risk assessments. When specific audit jobs are conducted each auditor is charged with understanding the process within the business, risk assessing those processes, and evaluating the controls associated with the processes. This provides the opportunity for each auditor to closely work with and influence each business regarding their control infrastructure.
The businesses that Corporate Audit covers include: Global Corporate and Investment Banking, Global Wealth and Investment Management, Global Consumer and Small Business Banking, Finance, Application and Infrastructure Technology, and all operations throughout Europe and Asia.
Corporate Audit seeks associates who have a desire to adapt and learn the multiple businesses of the Corporation from Investment Banking to Retail Banking to Technology. As an intern, you will work closely with the internal auditors and learn the processes of Bank of America. The internship will last approximately 10 – 12 weeks, working a 40 hour work week. Interns will undergo a multi-phase training process including web based training and peer coaching. Associates in this program will build a valuable network with other interns as well as throughout Bank of America as part of the Global College Pipeline and Development program.
Qualifications
Pursuing a Bachelor’s or Master’s degree in Accounting, Finance, Computer Sciences, or General Business
Grade Point Average of at least 3.25 on a 4 point scale
Strong communication skills (both written and verbal)
Knowledge of statistics, risk management, and/or Six Sigma (or other Quality programs) desirable
Positive attitude, flexible/open minded, decisiveness, and commitment to do what it takes to get the job done are attributes that are key to success
Potential Locations
Charlotte, North Carolina · Wilmington, Delaware · Boston, Massachusetts · New York, New York
Other locations may be considered
How to Apply
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