Audit Supervisor

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 a holistic assessment on the risk profile of the Company and independent assessment and validation of the effectiveness of key processes and controls across the Company.  We are a global team based in the US, EMEA, APAC and Latin America offering outstanding career opportunities designed to attract and retain talent at all skill levels. 

Job Description

Corporate Audit are looking to expand its Enterprise Control Functions audit team by recruiting an experienced finance professional with a background in regulatory financial reporting. The role provides exposure to various processes within the Company’s finance function through involvement in corporate audit assignments and independent validation of remediation actions to address gaps in the control environment.

The role is based in Mumbai and is reporting to a Senior Audit Manager in the UK.

Responsibilities:

• Plan and lead audit assignments across finance and regulatory reporting lines of businesses in line with the Company’s audit methodology.
• Independent validation of the remediation of audit and business identified issues.
• Drafting audit reports and contribution to the drafting of external and internal presentations.
• Staff development, on the job training and providing performance evaluation to team members.
• Effective liaison with local and global audit colleagues and business partners.

Requirements:

• Education: Chartered Accountant or Certified Public Accountant qualification or a university degree in finance/accounting.
• Exp Range: 15+ year experience in regulatory reporting (Credit, Counterparty Credit and Market Risk RWA reporting).

Foundational Skills:

• Proficiency in English, both written and verbal.
• Ability to deliver high quality work within deadlines.
• Strong team player and proven ability to work in a multi-cultural and multi-location team.
• Genuine interest and broad understanding of the financial services regulatory landscape and products.
• Ability to process information and change focus quickly.

Desired Skills:

• Inquisitive mindset, proactive and willingness to learn.

Work Location: Mumbai

Work timings: 11am to 8pm