Audit Manager - Counterparty Credit Risk

Are you a skilled and experienced Audit Manager looking for a challenging and rewarding role at one of the world's leading financial institutions? Bank of America is seeking a talented individual to join our team as an Audit Manager for Counterparty Credit Risk. In this role, you will have the opportunity to utilize your expertise in auditing and risk management to ensure the accuracy and effectiveness of our counterparty credit risk processes. We are looking for a detail-oriented and analytical professional with a strong understanding of financial services and a proven track record of successfully leading audit teams. If you are a driven and proactive individual with a passion for risk management, we invite you to apply for this exciting opportunity at Bank of America.

1. Lead and manage the audit team responsible for evaluating counterparty credit risk processes at Bank of America.
2. Develop and implement audit plans to ensure the accuracy and effectiveness of counterparty credit risk processes.
3. Utilize expertise in auditing and risk management to identify potential risks and provide recommendations for improvement.
4. Conduct thorough and timely reviews of counterparty credit risk processes, identifying any deficiencies and working with stakeholders to develop corrective action plans.
5. Stay up-to-date on industry regulations and best practices related to counterparty credit risk management.
6. Collaborate with cross-functional teams to ensure compliance with internal policies and external regulatory requirements.
7. Prepare and present audit findings to senior management, providing clear and concise recommendations for improvement.
8. Mentor and develop team members, providing guidance and support to enhance their skills and capabilities.
9. Maintain strong relationships with internal stakeholders, including risk management and compliance teams, to promote a culture of risk awareness and mitigation.
10. Continuously evaluate and improve audit processes and procedures to enhance efficiency and effectiveness.

According to JobzMall, the average salary range for a Audit Manager - Counterparty Credit Risk in San Francisco, CA, USA is $130,000 - $170,000. This range can vary depending on factors such as experience, education level, and specific job responsibilities. Additionally, the company or organization that the Audit Manager works for can also affect their salary range.

Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management, Global Banking, Global Markets, and Legacy Assets and Servicing. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses.