What are the responsibilities and job description for the IAD-Risk Operations Audit Associate position at Bank of China?
Introduction :
Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our Trade Services, Commodities, Financial Institutions and Global Markets lines of business.
Overview :
The incumbent is responsible for supporting audit execution of the Banks retail and commercial business activities, risk management programs and management functions. Banking activities include but are not limited to retail banking, commercial lending, trade finance, correspondent banking, treasury and related risk management including market, credit, enterprise, corporate compliance, liquidity, operational etc. with a peer link to BSA / AML / OFAC compliance.
Responsibilities :
Include but not limited to :
Plan and conduct scheduled audit
- Execute audit coverage strategy of business activities, management functions, and attendant risks
- Contribute to US-wide audit risk assessments for business activities and management functions
- Design and ensure implementation of testing of controls of business activities and management functions
- Execute assigned audit programs and review auditor work papers
- Contribute to delivery of audit reports and Internal Audit feedback that is complete, insightful, and timely
Evaluate corrective action
Update the audit strategy and program
Attend training and enhance knowledge
Qualifications :
Pay Range
Actual salary is commensurate with candidates relevant years of experience, skillset, education and other qualifications.
USD $42,000.00 - USD $90,000.00 / Yr.
Salary : $42,000 - $90,000
