Senior Auditor

Job Description:

About Us

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!

Global Business Services

Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations.

Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence and innovation.

In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services.

Process Overview

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 organization. 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. 

Job Description:

Corporate Audit are looking to expand the issue validation efforts within the Enterprise Control Functions audit team. Based in GIFT City, India and reporting to a Senior Audit Manager in the USA, the role provides exposure to various processes in front office and control and support functions through independent validation of remediation actions to address identified gaps in the regional control environment

Responsibilities:-

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.
• 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

Requirements:

Education: Bachelors university degree or above and preferably a Chartered Accountant or Certified Public Accountant qualification. Other certifications would be beneficial

Experience Range: 5 years + prior experience in a similar role or in a global markets team within Bank of America or externally with a peer firm.

Foundational Skills:

• 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.

Desired skills:

• Good understanding of global markets products and processes as well as market risk knowledge.
• Written and verbal proficiency in English.
• Ability to work as individual contributor remotely and conduct testing independently but maintain ongoing interaction with management and manage time zone differences efficiently

Work Location: GIFT city

Work Timings : 11 am to 8 pm