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Audit Manager
Bank of America Providence, RI
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$95k-116k (estimate)
Full Time | Banking 3 Days Ago
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Bank of America is Hiring an Audit Manager Near Providence, RI

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:
This job is responsible for overseeing assigned areas of audit work acting as an Auditor-in-Charge (AIC), and executing on the audit strategy for Lines of Business (LOBs). Key responsibilities include driving risk-based auditing by defining scope and test procedures to evaluate the control environment in conformance with audit policies, assessing issues for business impact and recommending severity ratings, drafting audit reports, and managing business partner relationships. Job expectations include fostering an inclusive work environment, and mentoring team members.

Responsibilities:

  • Executes audit strategy for the sound application of risk-based auditing by defining audit scope and audit programs, and drafting audit reports leveraging automation and innovative methods in a timely and high quality manner
  • Acts as Auditor-in-Charge (AIC) by overseeing audit testing and ensuring it is executed in a timely manner and conforms with quality standards, audit policies, and procedures
  • Assesses impacts to business processes, controls, and strategies to provide recommendations on severity ratings and escalate broad themes or trends accordingly based on existing business knowledge
  • Exercises intellectual curiosity and judgment to effectively influence and challenge management to improve the control environment and drive continuous improvements on audit
  • Oversees a team of associates and provides day-to-day mentoring and guidance and fosters an inclusive work environment
  • Maintains business partner relationships, primarily with line management, to develop business knowledge
  • Exercises sound knowledge of product, business, and technical expertise to effectively challenge management to improve the control environment

Skills:

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

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Job Summary

JOB TYPE

Full Time

INDUSTRY

Banking

SALARY

$95k-116k (estimate)

POST DATE

06/24/2024

EXPIRATION DATE

08/23/2024

WEBSITE

bankofamerica.com

HEADQUARTERS

FARMINGTON, NM

SIZE

>50,000

FOUNDED

1968

CEO

LINDA BOYCE

REVENUE

>$50B

INDUSTRY

Banking

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About Bank of America

Bank America is an insurance company based out of P.O. BOX 15292, Richmond, Virginia, United States.

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The job skills required for Audit Manager include Internal Audit, Auditing, Planning, Risk Management, Project Management, Coaching, etc. Having related job skills and expertise will give you an advantage when applying to be an Audit Manager. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Audit Manager. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Audit Manager positions, which can be used as a reference in future career path planning. As an Audit Manager, it can be promoted into senior positions as an Auditing Director that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Audit Manager. You can explore the career advancement for an Audit Manager below and select your interested title to get hiring information.

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If you are interested in becoming an Audit Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become an Audit Manager for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Audit Manager job description and responsibilities

Coordinate with the management to take necessary action on audit findings.

01/09/2022: Allentown, PA

Provided administrative oversight of team members and operational management on all assigned audit engagements or special projects.

03/15/2022: Worcester, MA

Train and mentor audit assistants and other audit staff.

02/12/2022: Fort Myers, FL

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Audit Manager jobs

Basic knowledge and skills needed to make a good audit manager.

02/01/2022: Anchorage, AK

Be appreciative and constructive.

12/29/2021: Lansing, MI

Create support and establish authority.

12/29/2021: Brockton, MA

Step 3: View the best colleges and universities for Audit Manager.

Florida Southern College
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