Audit Supervisor - Commercial Credit

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Job Description:

Responsibility to Audit the Bank’s Commercial Credit Risk function including the following: a subject matter expert on Credit Risk, project management of audits, and strong communication with Business and Audit management. Proactively implements audit strategy by defining audit scope, audit program & audit test procedures in area of responsibility in accordance with standards, regulations, and policies. Anticipates and exercises critical thinking and judgment to effectively influence business management & peers and acts as a catalyst. Helps business partners balance their business strategies with appropriate risk management controls from a business perspective.

Responsibilities:

Responsible for executing multiple areas of test work during audit activities. Utilizes sound analytical skills and possesses product, business, and technical expertise to execute assigned audit testing responsibilities. Independently executes audit test work on assigned audits and demonstrates sound project management skills. Raises issues and concerns and makes recommendations for severity ratings. Assesses issues for impact to business processes, controls and strategies, recommends severity ratings and escalation of broad themes or trends. Works with team and provides input to draft quality audit reports and supports sharing audit results with business leaders. Begins to establish business partner relationships; primary engagement is with line management. Exercises critical thinking and judgment to effectively influence management to improve the control environment. Actively supports peers and audit team with development as part of on the job training during audit execution. Fosters a positive and inclusive work environment.

Skills:

• Analytical Thinking
• Audit Planning
• Internal Audit Review
• Issue Management
• Risk Management
• Attention to Detail
• Automation
• Business Acumen
• Project Management
• Technical Documentation
• Coaching
• Critical Thinking
• Relationship Building
• Written Communications

Required Qualifications

• Must have a minimum of 5 + years of Commercial Credit, Risk, and/or Auditing experience
• Bachelors’ Degree OR Equivalent work experience in a similar role.
•  Sound organizational, analytical, oral and written communication skills
•  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, high energy, positive attitude, exhibits flexibility
•  Strong analytical skills. Ability to analyze large amounts of data and turn it into usable information
•  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 juggle multiple work efforts and to quickly change direction, as needed
•  Proficiency in Microsoft Office Products
•  Ability to converse with management on all levels

Desired Qualifications

• Having experience with Commercial Credit Life Cycle and related processes
•  Advanced degree
•  Enterprise Risk or Credit Risk experience is strongly preferred
•  Strong presentation skills
•  Strong preference to having Audit experience

Shift:

Hours Per Week: