Audit Manager – Economic Sanctions

Are you looking for a challenging and rewarding career in the world of financial compliance? Look no further than Bank of America! We are seeking a highly skilled and experienced Audit Manager to oversee our Economic Sanctions program. As a key member of our team, you will have the opportunity to make a significant impact on our organization and the financial industry as a whole. We require a candidate with a strong understanding of economic sanctions laws and regulations, excellent communication and leadership skills, and a proven track record of successfully managing audits. If you are a passionate and driven individual with a strong commitment to upholding ethical standards, we encourage you to apply for this exciting opportunity.

1. Develop and implement policies and procedures to ensure compliance with economic sanctions laws and regulations.
2. Plan and execute comprehensive audits of the Economic Sanctions program to identify potential risks and areas for improvement.
3. Lead a team of auditors and provide guidance and support in conducting audits and addressing any compliance issues.
4. Stay up-to-date on changes in economic sanctions laws and regulations and communicate any updates to relevant stakeholders.
5. Collaborate with other departments and teams to ensure the integration of economic sanctions compliance into all business processes.
6. Monitor and track the resolution of audit findings and recommendations to ensure timely and effective remediation.
7. Provide training and support to employees on economic sanctions compliance and risk management.
8. Communicate audit findings and recommendations to senior management and work with them to implement necessary changes.
9. Develop and maintain strong relationships with external regulatory agencies and auditors.
10. Conduct investigations into potential violations of economic sanctions laws and regulations and report findings to appropriate authorities.
11. Analyze data and report on key performance indicators related to economic sanctions compliance.
12. Ensure that all actions and decisions are in line with ethical standards and company values.
13. Proactively identify potential risks and implement measures to mitigate them.
14. Continuously review and improve the effectiveness of the Economic Sanctions program to ensure compliance with all applicable laws and regulations.

According to JobzMall, the average salary range for a Audit Manager – Economic Sanctions in London, UK is £80,000 to £120,000 per year. This can vary depending on the specific company, experience, and qualifications of the individual.

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.