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Vice President, Audit Supervisor

Mumbai, , India

Job Description:

Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. We are committed to attracting and retaining top talent across the globe to ensure our continued success. Along with taking care of our customers, we want to be the best place for people to work and aim at creating a work environment where all employees have the opportunity to achieve their goals.

Our employees help our customers and clients at every stage of their financial lives, helping them connect to what matters most. This purpose defines and unites us. Every day, we are focused on delivering value, convenience, expertise and innovation for individuals, businesses and institutional investors we serve worldwide.

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.

Job Description

Independently executes assigned audit activities to evaluate controls related to Anti-Money Laundering, Terrorist Financing and Economic Sanctions across the enterprise. Responsible for multiple projects simultaneously. Utilizes sound, seasoned analytical skills and possesses product, business, and technical expertise to execute assigned responsibilities. Leads analysis of control deficiencies as well as expansion and refinement of documentation for more complex control deficiencies to drive actionable business impact, influences management on sufficiency of correctives actions, recommends audit rating. Implements risk-based audit strategy. Exercises judgment and critical thinking to influence business partners. Identifies control trends in assigned business areas as well as impact to the business and to the Bank overall by applying deep and broad business acumen.  Foster a positive and inclusive work environment.

This position has specific duties to audit the BANA India legal entity.

Position is posted as a more junior level position – Sr. Auditor but is flexible to be filled as a higher-level position Audit Supervisor if the posted qualifications are exceeded by a strong Audit Supervisor candidate.

Requirements

  • Minimum 3+ years of Audit, Risk, Business Control, Compliance experience
  • 2+ years of direct Financial Crimes experience
  • Possesses or willing to obtain a financial crime related Certification
  • Ability to develop, execute and evaluate audit test plans within a risk-based audit methodology.
  • Strong analytical skills.  Ability to analyze large amounts of data and turn it into usable information.
  • Ability to work in a detailed manner as well as to look broadly across a population and develop connections and themes identifying risk and concerns.
  • Proficiency in Microsoft Office Products
  • Excellent written and oral communication skills, ability to converse with management on all levels   

Desired Skills

Intermediate Analytical / Automation Skills (SQL, SAS, Advanced Excel and Access)

Job Band:

H5

Shift: 

Hours Per Week:

45

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. We are committed to attracting and retaining top talent across the globe to ensure our continued success. Along with taking care of our customers, we want to be the best place for people to work and aim at creating a work environment where all employees have the opportunity to achieve their goals.

Our employees help our customers and clients at every stage of their financial lives, helping them connect to what matters most. This purpose defines and unites us. Every day, we are focused on delivering value, convenience, expertise and innovation for individuals, businesses and institutional investors we serve worldwide.

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.

Job Description

Independently executes assigned audit activities to evaluate controls related to Anti-Money Laundering, Terrorist Financing and Economic Sanctions across the enterprise. Responsible for multiple projects simultaneously. Utilizes sound, seasoned analytical skills and possesses product, business, and technical expertise to execute assigned responsibilities. Leads analysis of control deficiencies as well as expansion and refinement of documentation for more complex control deficiencies to drive actionable business impact, influences management on sufficiency of correctives actions, recommends audit rating. Implements risk-based audit strategy. Exercises judgment and critical thinking to influence business partners. Identifies control trends in assigned business areas as well as impact to the business and to the Bank overall by applying deep and broad business acumen.  Foster a positive and inclusive work environment.

This position has specific duties to audit the BANA India legal entity.

Position is posted as a more junior level position – Sr. Auditor but is flexible to be filled as a higher-level position Audit Supervisor if the posted qualifications are exceeded by a strong Audit Supervisor candidate.

Requirements

  • Minimum 3+ years of Audit, Risk, Business Control, Compliance experience
  • 2+ years of direct Financial Crimes experience
  • Possesses or willing to obtain a financial crime related Certification
  • Ability to develop, execute and evaluate audit test plans within a risk-based audit methodology.
  • Strong analytical skills.  Ability to analyze large amounts of data and turn it into usable information.
  • Ability to work in a detailed manner as well as to look broadly across a population and develop connections and themes identifying risk and concerns.
  • Proficiency in Microsoft Office Products
  • Excellent written and oral communication skills, ability to converse with management on all levels   

Desired Skills

Intermediate Analytical / Automation Skills (SQL, SAS, Advanced Excel and Access)

Learn more about this role

Full time

JR-21083961

Band: H5

Manages People:

Manager:

Talent Acquisition Contact:

Vyoma Gandhi

Referral Bonus:

0