Demo

Senior Auditor - Commercial Credit

Bank of America
Wilmington, DE Full Time
POSTED ON 2/26/2025
AVAILABLE BEFORE 5/18/2025

Senior Auditor - Commercial Credit

Atlanta, Georgia;Stamford, Connecticut; East Hartford, Connecticut; Dallas, Texas; Providence, Rhode Island; Wilmington, Delaware

  • 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. Were 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 performing test work during moderately complex audit activities for Commercial Credit risk. Key responsibilities include designing and executing audit tests to evaluate the control environment and assessing issues for business impact and recommending severity ratings under the supervision of senior team members.

  • Responsibilities :
  • Executes audit strategy for the sound application of risk-based auditing by defining audit scope and audit program, and leverages automation and innovative methods in a timely and high quality manner
  • Identifies control deficiencies, discusses with line management, and initiates control matter recommendations
  • Establishes business partner relationships, primarily with line management, to develop business knowledge
  • Assesses impacts to business processes, controls, and strategies to provide recommendations on severity ratings
  • Exercises sound judgment to effectively influence management to improve the control environment while developing knowledge of product, business, and technical expertise
  • Develops skills to use innovative tools to complete audit activities more efficiently (e.g., testing)
  • Skills :
  • Analytical Thinking
  • Internal Audit Review
  • Issue Management
  • Risk Management
  • Business Acumen
  • Project Management
  • Relationship Building
  • Written Communications
  • Attention to Detail
  • Data Analytics
  • Critical Thinking
  • Technical Documentation
  • Required Qualifications :
  • 3 years of Audit, Risk, Business Control, Compliance, Finance or other relevant experience
  • Bachelor's Degree OR Equivalent work experience
  • 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 :
  • Credit underwriting experience
  • Data Analytics, data reporting, or data management experience
  • Bachelors Degree or equivalent work experience
  • Shift :
  • 1st shift (United States of America)

  • Hours Per Week :
  • Pay Transparency details
  • US - CT - East Hartford - 101 E River Dr - One Riverview Square (CT2550), US - CT - Stamford - 600 Washington Blvd (CT2561), US - RI - Providence - 1 Financial Plaza (RI1537)

    Pay and benefits information

    Pay range

    83,500.00 - $102,400.00 annualized salary, offers to be determined based on experience, education and skill set.

    Discretionary incentive eligible

    This 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.

    Benefits

    This 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.

    Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

    To view the "EEO is the Law" poster, CLICK HERE (https : / / www.dol.gov / ofccp / regs / compliance / posters / pdf / eeopost.pdf) .

    To view the "EEO is the Law" Supplement, CLICK HERE (https : / / www.dol.gov / ofccp / regs / compliance / posters / pdf / OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .

    View the LA County Fair Chance Ordinance (https : / / dcba.lacounty.gov / wp-content / uploads / 2024 / 08 / FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) .

    Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (Policy) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

    To view Bank of Americas Drug-free Workplace and Alcohol Policy, CLICK HERE .

    This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.

    Salary : $83,500 - $102,400

    If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
    Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

    What is the career path for a Senior Auditor - Commercial Credit?

    Sign up to receive alerts about other jobs on the Senior Auditor - Commercial Credit career path by checking the boxes next to the positions that interest you.
    Income Estimation: 
    $94,633 - $115,926
    Income Estimation: 
    $116,408 - $144,065
    Income Estimation: 
    $74,781 - $93,224
    Income Estimation: 
    $94,633 - $115,926
    Income Estimation: 
    $94,633 - $115,926
    Income Estimation: 
    $116,408 - $144,065
    Income Estimation: 
    $136,272 - $179,755
    Income Estimation: 
    $180,631 - $237,345
    Income Estimation: 
    $62,045 - $75,371
    Income Estimation: 
    $74,781 - $93,224
    View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

    Job openings at Bank of America

    Bank of America
    Hired Organization Address Juneau, AK Full Time
    Job Description: Merrill Wealth Management is a leading provider of comprehensive wealth management and investment produ...
    Bank of America
    Hired Organization Address Wilmington, DE Full Time
    Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the p...
    Bank of America
    Hired Organization Address Branford, CT Full Time
    Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the p...
    Bank of America
    Hired Organization Address Minneapolis, MN Full Time
    Job Description: Merrill Wealth Management is a leading provider of comprehensive wealth management and investment produ...

    Not the job you're looking for? Here are some other Senior Auditor - Commercial Credit jobs in the Wilmington, DE area that may be a better fit.

    Commercial Lending Credit Analyst

    Citadel Federal Credit Union, Exton, PA

    Commercial Lending Credit Manager

    Citadel Federal Credit Union, Exton, PA

    AI Assistant is available now!

    Feel free to start your new journey!