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Senior Audit Manager - Private Bank

Bank of America | Pennington NJ 08534 USA | Full Time | Posted: 03/24/2020

Job Descriptiontop

Job Description:

The role of a Senior Audit Manager: Accountable for auditing moderate to complex businesses ranging in scale and scope. Implements and communicates Corporate Audit's mission, goals and strategies. Responsible for developing an audit plan for assigned areas of responsibility including proper assessment and coverage of risks and emerging risks. Gets ahead of risks, identifies themes and continually evaluates areas of priority against the company’s risk profile and control environment. Owns and communicates importance of operational effectiveness; drives continuous improvement. Demonstrates critical thinking, strategic mindset and leads and supports change. Executes assigned components of the audit plan in a timely manner, within quality standards and in conformance to audit policies and procedures. Leads the design and promotes the use of innovative tools and technology to drive continuous coverage of company risks. Assesses issues for impact to business processes, controls and strategies; assigns severity ratings and escalates broad themes or trends. Produces quality and timely audit reports that summarize results of an audit to management. Manages business partner relationships for areas of responsibility; primary engagement with senior business leaders, has real-time dialog on risks identified. Exercises critical thinking and judgment to effectively influence management to improve the control environment. Challenges business management to adopt appropriate policies and procedures and effective controls designed to mitigate risks. Participates in communication with regulatory agencies. Manages performance of the team by providing effective and frequent coaching, while managing expenses. Responsible for development, retention and employee relations issues; fosters an inclusive work environment

Required Skills:

•At least 7+ years of asset/investment management experience in audit, the line of business and/or other related control/risk/compliance function experience

•Broad knowledge of asset/investment management services and supporting operations within a wealth management business including portfolio management, portfolio construction, trading, and wealth advisory services

•Knowledge of applicable laws and regulatory requirements including banking (OCC 12, CFR 9) and broker/dealer regulations (FINRA, SEC)

•Excellent communication skills; Verbal / Written Communication (Executive Summary)

•Proficient work paper review skills

•Excellent risk assessment skills

•In-depth product knowledge

•Ability to influence your business partner

•Strong project management skills

•Strong coach and trainer

•Associate performance management

•Displays personal courage and makes difficult decisions

•Basic Analytical / Automation Skills; Strong understanding of principles

•Critical Thinking / Problem Solving

•Knowledge of investment advisory services and products to support ERISA/DOL plan sponsors and associated regulatory requirements.

Desired Skills:

•CFA, Certificate in Investment Performance Measurement, Certified Trust and Financial Advisor, CIA, or other investment related certification or licensing, MBA or CPA


1st shift (United States of America)

Hours Per Week:


Job Detailstop

Location Pennington, NJ, 08534, United States
Categories Education/Instructor/Training

Location Maptop

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Job Code 19067129-3

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