Job Description: Job Title: Audit Manager - Global Transaction Services Corporate Title: Vice President Location: London, Dublin or Chester Company Overview: 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.
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!
The Team: The role sits within the global audit team responsible for the audit coverage of Global Corporate & Investment Banking (GCIB) and GTS. Additionally, the team is responsible for EMEA Credit Risk audit coverage.
This is a high-visibility role and requires engagement with both global and regional stakeholders across various businesses and functions within the Line of Business and act as a global SME for certain designated business / product group within Global Banking.
The role: The role is at an Audit Manager level and involves playing a lead role in the audits of Global Transaction Services (GTS) front office activities including review of business strategy, governance and risk management, new product approval process, ongoing product management, client selection, sales processes, and applicable laws & regulations.
GTS products includes Global Payments & Receivables, Trade & Supply Chain Finance, Commercial Cards, Corporate Deposit, Liquidity & Cash Management, Clearing, Bank Notes.
We expect the individual to: Work as an individual contributor or as an Auditor In-charge on global GTS audits and conduct testing independently while maintaining ongoing interaction with the other audit team.Demonstrate professionalism and competence. Stay informed of current economic developments, applicable regulations, risk, processes, and controls relevant to GTS and/or other risk areas impacting the business.Exercise critical thinking, analytical skills, and professional judgment to influence business partners and senior business managers.Work in a detailed manner while also looking broadly across a population to identify risks and concerns.Develop and mentor junior team members by providing day-to-day coaching and guidance.What we look for: Solid Internal Audit/front office/risk management experience of the Global Transaction Services businesses.Knowledge of GTS products/process and associated risks including operational risk.Able to perform effectively under pressure and comfortable engaging with senior management on complex issues.Strong project management skills.Solid risk assessment, financial analytical skills, problem-solving skills, and ability to apply critical thinking.Exceptional attention to detail and ability to ask insightful questions to fully understand the business, process, and risk.Excellent presentation and communication skills (verbal and written) in English.Skills that would help: Tertiary education or equivalent work experience.Professional Certification - CA / ACCA / CFA / FRM / CIA will be a plus.Benefits of working at Bank of America: Private healthcare for you and your family plus an annual health screen.Competitive pension plan, life assurance, and group income protection cover.20 days of back-up childcare and adult care per annum.Ability to change your core benefits and select from a variety of flexible benefits.Access to emotional wellbeing helpline and mental health support.Opportunity to donate to charities directly through payroll with matching contributions from the bank.Opportunity to give back to your community through volunteering.Bank of America: Good conduct and sound judgment is crucial to our long-term success. It's important that all employees understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct.
We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on any grounds. The Bank selects candidates for interview based on their skills, qualifications, and experience.
We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.
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