AVP/VP, APAC Corporate Audit

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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
 

Job Description:

As a member of the APAC Corporate Audit team, you will work with a collaborative and diverse team across APAC and globally to perform Investment and Corporate Banking, Transactions Services, Banking Operations or Credit related audits and support the completion of the audit plan. Will act as an individual contributor and occasionally lead audit engagements and guide junior team members. Will provide independent assessment of control effectiveness based on regulatory requirements, industry best-practices, and company policies and standards. Execute audit testing timely and in conformance to audit policies, standards, and procedures. Demonstrate strategic thinking and support change.

Responsibilities:

Act as an individual contributor to conduct testing independently and with the opportunity to lead audits. In particular:

• Lead/assist to develop an audit plan (e.g. audit scope, audit test plans) based on detailed evaluation of process/business risks and controls
• Perform and document the execution of specific audit procedures as defined by the audit objectives and planned audit approach
• Communicate audit results to impacted stakeholders in an accurate, timely and professional manner to guide the issue acceptance and resolution process
• Assist with drafting quality and timely audit reports supporting audit opinions and to share the results with audit and business leaders

Demonstrate competence, intellectual curiosity, and positive attitude. Stay informed of relevant current economic developments, local regulations, risk, processes, and controls. Exercise critical and out of box thinking, analytical skills and professional judgment to effectively challenge management to improve the control environment, and influence business partners, senior business managers and peers. 

Skills:

Education

• Bachelors’ Degree preferably in accounting, finance or related field.
• Professional audit, accounting or risk certifications (e.g. CA, CPA, CIA, ACAMS , FRMS) will be a plus.

Work experience:

• At least 5-10 years of relevant work experience, with focus on audit (internal audit or external audit with Big 4 firms).

Knowledge:

• Strong business acumen and sound knowledge of banking business process flow, internal controls, products, and relevant regulatory requirements
• Project management and risk-based audit methodology knowledge and skills
• Understanding of statistical sampling testing approach
• Knowledge of two or more of the following lines of businesses will be advantageous: Investment banking, corporate banking, transaction services, banking operations, or credit
• Intermediate analytical / automation skills (e.g. Alteryx, Python, SQL) and experience with AI (e.g. co-pilot) is a plus

Language:

• Fluent in English (speaking and business writing)
• Fluency in a 2nd language is a plus