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 performing test work during moderately complex audit activities for Lines of Business (LOBs). 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.  The focus of testing will be to assess compliance with Bank Secrecy Act (BSA) / Anti-Money Laundering regulatory requirements. 

Responsibilities:

Demonstrates the ability to work independently and within a team environment to deliver high-quality audit testing

Willingness to learn new subject matters in the Financial Crime regulatory compliance space and apply learnings to assist the company in risk identification and mitigation

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)

Required Qualifications:

3+ 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 degree or advanced degree

Certifications: CAMS, CIA, CPA etc.

Experience in Financial Crime Regulatory Compliance (BSA/AML)

Experience in Audit

Skills:

Analytical Thinking

Attention to Detail

Internal Audit Review

Risk Management

Technical Documentation

Automation

Business Acumen

Issue Management

Project Management

Critical Thinking

Relationship Building

Written Communications

Shift:

Hours Per Week: