Senior Audit Manager, BSA/AML Sanctions

Bank of America; Charlotte (NC); On-site; USD 141,000 - 199,000; Full time

Job summary

An established industry player is seeking a seasoned auditor to join their team in Charlotte. This role involves auditing diverse Lines of Business, developing comprehensive audit plans, and fostering a culture of risk awareness and operational excellence. You'll leverage your extensive experience in the Banking and Financial Services sector to drive impactful audits and ensure compliance with regulatory standards. With a commitment to diversity and inclusion, this company offers a supportive environment where you can thrive and make a meaningful difference in the financial landscape. If you are passionate about auditing and eager to contribute to a dynamic team, this opportunity is perfect for you.

Benefits

Industry-leading benefits

Paid time off

Support resources for employees

Qualifications

• 10+ years of auditing experience in finance or control functions.
• Intermediate skills in SQL, SAS, Advanced Excel, and Access.
• Ability to execute risk-based audit test plans effectively.

Responsibilities

• Audits Lines of Business and produces timely audit reports.
• Develops audit plans and assesses risks for emerging issues.
• Maintains business partner relationships and manages team performance.

Skills

Audit Planning

Coaching

Internal Audit Review

Issue Management

Risk Management

Business Acumen

Critical Thinking

Project Management

Relationship Building

Written Communications

Regulatory Relations

Talent Development

Technical Documentation

Workforce Diversity Management

Education

Bachelor's or advanced degree

Tools

SQL

SAS

Advanced Excel

Access

Microsoft Office Products

Job description

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 a diverse and 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:
This job is responsible for auditing Lines of Business (LOBs) ranging in scale and scope. Key responsibilities include developing audit plans, assessing issues for impact, assigning severity ratings, producing audit reports, and managing business partner relationships. Job expectations may include evaluating the control environment, fostering an inclusive work environment, and managing development of personnel.

Responsibilities:

• Audits Lines of Business (LOBs) ranging in scale and scope and produces audit reports in a timely manner that summarize results of an audit to management

• Develops an audit plan, assesses risks, and provides appropriate coverage for current and/or emerging risks

• Leverages a risk mindset to proactively identify risks, analyze themes, and continually evaluate areas of priority against the company’s risk profile and control environment

• Supports Corporate Audit's mission, goals, and strategies, and drives operational effectiveness while demonstrating a strategic mindset and leading and supporting change

• Leads the design and promotes the use of innovative tools and technological elements to drive continuous coverage of company risks

• Maintains business partner relationships for areas assigned and challenges business management to adopt appropriate policies, procedures, and effective controls designed to mitigate risks

• Manages team performance by training, mentoring, defining development plans for team

Required Qualifications:

• 10+ years of general auditing experience with a finance or control function, internal audit function or public accounting firm, preferably within the Banking or Financial Services industry

• Intermediate Analytical / Automation Skills (SQL, SAS, Advanced Excel and Access)

• Ability to execute audit test plans within a risk based audit methodology

• Sound organizational, analytical, oral and written communication skills

• Self-starter, desire to learn able to teach others, positive attitude, exhibits flexibility

• Ability to work in a very detailed manner

• Intermediate Analytical / Automation Skills (SQL, SAS, Advanced Excel and Access)

• Proficiency in Microsoft Office Products

Desired Qualifications:

• Bachelor's or advanced degree

• Certifications: CAMS, CIA, CPA etc.

• Experience with automation and data analytics

• Experience engaging with regulators

• Experience in Financial Crime Regulatory Compliance (BSA/AML and Sanctions)

Skills:

• Audit Planning

• Coaching

• Internal Audit Review

• Issue Management

• Risk Management

• Business Acumen

• Critical Thinking

• Project Management

• Relationship Building

• Written Communications

• Regulatory Relations

• Talent Development

• Technical Documentation

• Workforce Diversity Management

Shift:

1st shift (United States of America)

Hours Per Week:

40

Pay Transparency details

US - CT - East Hartford - 101 E River Dr - One Riverview Square (CT2550), US - IL - Chicago - 540 W Madison St - Bank Of America Plaza (IL4540)Pay and benefits informationPay range$141,100.00 - $199,000.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.BenefitsThis role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.