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Assistant Vice President - Senior Auditor

Mumbai, , India

Job Description:

Your background

Required competencies:

  • Genuine interest and broad understanding of financial services products and processes. 
  • Ability to deliver high quality work within deadlines.
  • Ability to process information and change focus quickly while validating more than one issue at a time.
  • Strong team player skills and ability to work in the multicultural environment.
  • Proactive / critical thinking and willingness to learn.

Preferred skills:

  • Bachelors university degree or above and preferably a Chartered Accountant or Certified Public Accountant qualification. Other certifications would be beneficial.
  • 7 years + prior experience in a similar role or in a global markets team within Bank of America or externally with a peer firm.
  • Good understanding of global markets products and processes. Understanding of finance processes would be beneficial.
  • Written and verbal proficiency in English
  • Ability to work as individual contributor remotely and locally and conduct testing independently but maintain ongoing interaction and manage time zone differences efficiently

What you can expect

Corporate Audit is an independent function that reports to the Audit Committee of the Bank of America Corporation. We provide independent assessment and validation of the effectiveness of key processes and controls across the Company. We provide a holistic assessment on the risk profile of the company and influence the measured and responsible risk management across the organisation. We are a team of approximately 900 auditors globally based in the US, EMEA, APAC and Latin America. The company offers outstanding career opportunities designed to attract and retain talent at all skill levels. 

What you will do

Key responsibilities include:

  • Work collaboratively with experienced team members across Corporate Audit to validate audit and business self-identified audit issues in line with the audit methodology. Tracking and validating remediation of Audit and Regulatory issues
  • Periodic participation in audits across a wide spectrum of areas (Global Markets, CFO, Operations, etc) in Mumbai. This includes planning, process mapping, fieldwork and reporting, under the guidance from senior Corporate Audit associates.
  • Effective communication (both written and verbal)  with local and global audit colleagues and business partners
  • Track validation progress (management reporting) and identify new issues to be transferred to the central team for validation
  • Reporting of key metrics

About Bank of America

Our purpose as a firm is to make financial lives better, through the power of every connection. Across the world, we partner with leading corporate and institutional investors through our offices in more than 35 countries. In the U.S. alone, we serve almost all of the Fortune 500 companies and approximately 67 million consumer and small-business clients. We provide a full suite of financial products and services, from banking and investments to asset and risk management. We cover a broad range of asset classes, making us a global leader in corporate and investment banking, sales and trading.

Connecting Asia Pacific to the world

Our Asia Pacific team is spread across 19 cities in 12 markets. We are focused on connecting Asia to the world and the world to Asia, using our global expertise to ensure success is shared between us, our clients and our communities. Our regional footprint covers 12 currencies, more than a dozen languages and five time zones, placing us firmly among the region’s leading financial services companies.

Job Band:

H5

Shift: 

Hours Per Week:

45

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Your background

Required competencies:

  • Genuine interest and broad understanding of financial services products and processes. 
  • Ability to deliver high quality work within deadlines.
  • Ability to process information and change focus quickly while validating more than one issue at a time.
  • Strong team player skills and ability to work in the multicultural environment.
  • Proactive / critical thinking and willingness to learn.

Preferred skills:

  • Bachelors university degree or above and preferably a Chartered Accountant or Certified Public Accountant qualification. Other certifications would be beneficial.
  • 7 years + prior experience in a similar role or in a global markets team within Bank of America or externally with a peer firm.
  • Good understanding of global markets products and processes. Understanding of finance processes would be beneficial.
  • Written and verbal proficiency in English
  • Ability to work as individual contributor remotely and locally and conduct testing independently but maintain ongoing interaction and manage time zone differences efficiently

What you can expect

Corporate Audit is an independent function that reports to the Audit Committee of the Bank of America Corporation. We provide independent assessment and validation of the effectiveness of key processes and controls across the Company. We provide a holistic assessment on the risk profile of the company and influence the measured and responsible risk management across the organisation. We are a team of approximately 900 auditors globally based in the US, EMEA, APAC and Latin America. The company offers outstanding career opportunities designed to attract and retain talent at all skill levels. 

What you will do

Key responsibilities include:

  • Work collaboratively with experienced team members across Corporate Audit to validate audit and business self-identified audit issues in line with the audit methodology. Tracking and validating remediation of Audit and Regulatory issues
  • Periodic participation in audits across a wide spectrum of areas (Global Markets, CFO, Operations, etc) in Mumbai. This includes planning, process mapping, fieldwork and reporting, under the guidance from senior Corporate Audit associates.
  • Effective communication (both written and verbal)  with local and global audit colleagues and business partners
  • Track validation progress (management reporting) and identify new issues to be transferred to the central team for validation
  • Reporting of key metrics

About Bank of America

Our purpose as a firm is to make financial lives better, through the power of every connection. Across the world, we partner with leading corporate and institutional investors through our offices in more than 35 countries. In the U.S. alone, we serve almost all of the Fortune 500 companies and approximately 67 million consumer and small-business clients. We provide a full suite of financial products and services, from banking and investments to asset and risk management. We cover a broad range of asset classes, making us a global leader in corporate and investment banking, sales and trading.

Connecting Asia Pacific to the world

Our Asia Pacific team is spread across 19 cities in 12 markets. We are focused on connecting Asia to the world and the world to Asia, using our global expertise to ensure success is shared between us, our clients and our communities. Our regional footprint covers 12 currencies, more than a dozen languages and five time zones, placing us firmly among the region’s leading financial services companies.

Learn more about this role

Full time

JR-21018124

Band: H5

Manages People:

Manager:

Talent Acquisition Contact:

Jinal Panchal

Referral Bonus:

0