Hybrid Audit and Exam Oversight Risk Manager na Bank of America

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:
This job is responsible for leading and executing on internal control discipline and operational excellence within a Line of Business (LOB) or Enterprise Control Function (ECF). Key responsibilities include executing LOB or ECF processes and tools to drive adherence to enterprise-wide standards. Job expectations include supporting the implementation of quality assurance and quality control processes within the LOB or ECF through ongoing monitoring and testing of controls, identifying issues and control improvements for remediation, and building out actions plans and milestones.

GRA is a sub-line of business within Global Risk Management (GRM) that is responsible for developing a consistent and coherent set of models and analytical tools for effective Risk and Capital measurement, management and reporting across Bank of America. Enterprise Independent Testing (EIT) is a centralized function within Global Risk Management that conducts independent testing across the enterprise and provides consistency and expertise in test development and execution.

Responsibilities:

The individual who fills this role on the EIT/GRA Centralized Audit/ Exam Management team will:

• Oversee holistic audit/exam submissions, coordinating requests for teams across EIT and GRA globally

• Ensure timely delivery of all requested responses and artifacts, negotiating delivery times as required complex requests

• Exercises intellectual curiosity and judgment to effectively influence and challenge teams to improve the control environment and drive continuous improvements

• Perform quality reviews to ensure responses are well written, complete, accurate, and consistent with other messaging

• Partner with key stakeholders within Global Risk Management (GRM), Global Reg Relations (GRR) and the FLU/CF to strategize on responses, as needed

• Provide advice and guidance to EIT/GRA Senior Leaders on responses, as needed

• Facilitate presentation dry runs ahead of meetings with Regulators and/or Audit Partners, providing suggestions and coaching to improve presentations

• Develop written documentation including responses to Audit/Regulatory requests and internal process documentation

• Drive process efficiency opportunities within the EIT/GRA Audit/Exam Management framework

Skills:

Required Skills:

• Bachelor's Degree or equivalent experience

• Business risk and controls experience, including risk management, audit, or compliance

• 10+ years of relevant experience in a large, fast-paced, results-oriented company

• Critical thinking

• Excellent written and verbal communication skills

• Ability to provide guidance and consultation and effective feedback

• Executive presence and experience in effectively interacting with senior management

• Ability to navigate a matrixed environment

• Effective partnering skills to build consensus; proven ability to influence peers/stakeholders across multiple groups

• Ability to see the big picture and connect dots horizontally

• Demonstrated project management skills and ability to manage multiple competing/concurrent priorities and deadlines.

Desired Skills:

• Deep understanding of EIT and/or GRA processes and strategy

• Internal or External Audit experience

• Regulatory experience or experience managing regulatory exams

• Compliance & Operational Risk experience

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - IL - Chicago - 540 W Madison St - Bank Of America Plaza (IL4540)

Pay and benefits information

Pay range

$115,000.00 - $161,700.00 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. Candidatar-se agora