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Auditor

Shanghai, , China

Job Description:

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 Description

Assist the Asia Pacific - Corporate Audit team in the audit coverage of APAC – Enterprise Risk/ Support Functions (which include, Market, Credit, Operational, Compliance and Legal, CFO, Human Resources, Corporate Treasury). The role will require the employee to take on some of the responsibilities as it relates to audit coverage for a segment within the APAC Enterprise/Support Functions.  Key tasks involved in this role will include:

Responsibilities

  • Good knowledge of the Internal Audit / operational risk management practice
  • Independently executes small to medium regional / cross-functional assignments and eventually to supervise team (on small projects), where necessary.
  • Responsible for multiple projects / activities (including ownership for certain key initiatives / projects within the team) simultaneously
  • Utilizes sound, seasoned analytical skills and possesses product, business, and technical expertise to execute assigned responsibilities.  
  • Perform analysis of control deficiencies as well as expansion and refinement of documentation for control deficiencies to drive actionable business impact, influences management on sufficiency of corrective actions, recommend audit rating.
  • Implements risk based audit strategy.
  • Identifies control trends in assigned business areas as well as impact to the business and to the Bank by broad business acumen.
  • Promotes and influences sound risk management practices with business partners
  • Builds and Sustains Relationships

Requirements

Education:

  • Bachelors’ Degree preferably in accounting, finance or related field
  • Professional Audit or Accounting Certification (e.g., CA, CPA, CIA) or Masters Degree in Finance

Work experience:

  • 3-5 years of relevant work experience, with focus on Audit (Internal or External Audit with Big 4 firms), Risk Management or Compliance preferably focusing on Banking industry;

Technical skills:

  • Mixture of audit and business skills
  • Microsoft Office Suite (Word, Excel,)

Personal skills:

  • Excellent interpersonal and communication skills and a demonstrated ability to work with people at all levels of an organization
  • Individual who is proactive in nature, assertive, inquisitive, tenacious and analytical, has excellent attention to detail and the ability to work well in a team of professionals from diverse backgrounds, based in multiple locations.
  • Ability to execute assigned audit areas / tests independently
  • Critical and independent thinking; and ability to exercise sound judgment
  • Strong business acumen and sound knowledge of banking business process flow and internal controls.
  • Proactive in nature, assertive,  and has excellent attention to details.
  • Self-starter and Positive attitude

Product knowledge:

  • Good knowledge of risk management concepts and controls covering Market Risk, Credit Risk and Operational Risk
  • Familiarity with accounting standards with a focus on financial instruments
  • Working/Good understanding of the business including knowledge of major processes, customers, activities, products, strategies, and related regulatory requirements
  • An understanding of key compliance and regulatory requirements applicable to financial institutions in APAC region

Language skills: (English)

  • Solid level of fluency in English (verbal and written)
  • Mandarin is a plus

Bank of America is an equal opportunities employer.

Job Band:

H6

Shift: 

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

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 Description

Assist the Asia Pacific - Corporate Audit team in the audit coverage of APAC – Enterprise Risk/ Support Functions (which include, Market, Credit, Operational, Compliance and Legal, CFO, Human Resources, Corporate Treasury). The role will require the employee to take on some of the responsibilities as it relates to audit coverage for a segment within the APAC Enterprise/Support Functions.  Key tasks involved in this role will include:

Responsibilities

  • Good knowledge of the Internal Audit / operational risk management practice
  • Independently executes small to medium regional / cross-functional assignments and eventually to supervise team (on small projects), where necessary.
  • Responsible for multiple projects / activities (including ownership for certain key initiatives / projects within the team) simultaneously
  • Utilizes sound, seasoned analytical skills and possesses product, business, and technical expertise to execute assigned responsibilities.  
  • Perform analysis of control deficiencies as well as expansion and refinement of documentation for control deficiencies to drive actionable business impact, influences management on sufficiency of corrective actions, recommend audit rating.
  • Implements risk based audit strategy.
  • Identifies control trends in assigned business areas as well as impact to the business and to the Bank by broad business acumen.
  • Promotes and influences sound risk management practices with business partners
  • Builds and Sustains Relationships

Requirements

Education:

  • Bachelors’ Degree preferably in accounting, finance or related field
  • Professional Audit or Accounting Certification (e.g., CA, CPA, CIA) or Masters Degree in Finance

Work experience:

  • 3-5 years of relevant work experience, with focus on Audit (Internal or External Audit with Big 4 firms), Risk Management or Compliance preferably focusing on Banking industry;

Technical skills:

  • Mixture of audit and business skills
  • Microsoft Office Suite (Word, Excel,)

Personal skills:

  • Excellent interpersonal and communication skills and a demonstrated ability to work with people at all levels of an organization
  • Individual who is proactive in nature, assertive, inquisitive, tenacious and analytical, has excellent attention to detail and the ability to work well in a team of professionals from diverse backgrounds, based in multiple locations.
  • Ability to execute assigned audit areas / tests independently
  • Critical and independent thinking; and ability to exercise sound judgment
  • Strong business acumen and sound knowledge of banking business process flow and internal controls.
  • Proactive in nature, assertive,  and has excellent attention to details.
  • Self-starter and Positive attitude

Product knowledge:

  • Good knowledge of risk management concepts and controls covering Market Risk, Credit Risk and Operational Risk
  • Familiarity with accounting standards with a focus on financial instruments
  • Working/Good understanding of the business including knowledge of major processes, customers, activities, products, strategies, and related regulatory requirements
  • An understanding of key compliance and regulatory requirements applicable to financial institutions in APAC region

Language skills: (English)

  • Solid level of fluency in English (verbal and written)
  • Mandarin is a plus

Bank of America is an equal opportunities employer.

Learn more about this role

Full time

JR-22002006

Band: H6

Manages People:

Manager:

Talent Acquisition Contact:

William Xu

Referral Bonus:

0

Street Address

Primary Location:
8 Century Ave, Shanghai, 200120