Bank of America

Audit Manager - Global Markets

Bank of America

New York, NY, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

At Bank of America, we are looking for an experienced and motivated Audit Manager to join our Global Markets team. As an Audit Manager, you will play a crucial role in ensuring the integrity and accuracy of our financial reporting. Your expertise in auditing and risk management will be essential in supporting the bank's global markets operations and ensuring compliance with regulatory requirements. As a key member of our team, you will have the opportunity to work in a dynamic and collaborative environment, while also advancing your career with one of the world's leading financial institutions. If you possess strong leadership skills, attention to detail, and a passion for driving excellence, we want to hear from you. Join us and become part of a team that is committed to delivering exceptional results and making a positive impact on our clients and communities.

  1. Conduct audits of financial statements and internal controls to ensure compliance with regulatory requirements and industry standards.
  2. Develop and implement risk-based audit plans and strategies to identify potential areas of risk and recommend improvements.
  3. Lead and manage a team of auditors to execute audit projects and ensure timely completion of audit reports.
  4. Review and analyze financial data, processes, and policies to identify areas for improvement and make recommendations to senior management.
  5. Collaborate with cross-functional teams to identify and implement best practices for risk management and mitigation.
  6. Stay up-to-date with industry trends, regulatory changes, and best practices in auditing and risk management.
  7. Communicate audit findings and recommendations to senior management and provide guidance on remediation plans.
  8. Build and maintain strong relationships with key stakeholders, including business leaders, regulators, and external auditors.
  9. Train and mentor junior auditors to develop their skills and knowledge in auditing and risk management.
  10. Continuously evaluate and improve internal audit processes and procedures to ensure efficiency and effectiveness.
  11. Prepare and present reports to senior management and the Board of Directors on audit findings, recommendations, and progress.
  12. Lead special projects and initiatives related to audit and risk management as assigned by senior management.
  13. Adhere to all internal policies, procedures, and regulations, as well as external regulatory requirements.
  14. Uphold the bank's ethical standards and promote a culture of integrity and accountability.
Where is this job?
This job is located at New York, NY, USA
Job Qualifications
  • Extensive Knowledge Of Global Financial Markets: The Audit Manager Must Have A Deep Understanding Of The Global Financial Markets, Including Market Trends, Regulatory Requirements, And Risk Management Practices.

  • Strong Leadership Skills: As A Manager, The Audit Manager Must Possess Excellent Leadership Skills To Effectively Lead And Develop A Team Of Auditors. This Includes The Ability To Delegate Tasks, Provide Guidance And Support, And Foster A Positive Work Environment.

  • Experience In Audit And Risk Management: A Strong Background In Audit And Risk Management Is Critical For This Role. The Audit Manager Must Have Experience In Conducting Risk Assessments, Identifying Control Gaps, And Developing Remediation Plans.

  • Excellent Communication And Interpersonal Skills: The Audit Manager Must Be Able To Effectively Communicate With Stakeholders At All Levels, Including Senior Management And External Regulators. Strong Interpersonal Skills Are Also Essential For Building And Maintaining Relationships With Team Members And Other Departments.

  • Knowledge Of Regulatory Requirements: The Audit Manager Must Have A Thorough Understanding Of Regulatory Requirements For The Financial Industry, Including Those Related To Market Risk, Trading Activities, And Compliance. This Knowledge Is Essential For Ensuring That The Bank's Global Markets Operations Are In Compliance With All Regulations.

Required Skills
  • Financial Analysis

  • Communication Skills

  • Data Analysis

  • Internal controls

  • Team Leadership

  • Risk assessment

  • Problem-Solving

  • Stakeholder management

  • Compliance monitoring

  • Audit planning

  • Regulatory Knowledge

  • Process

Soft Skills
  • Communication

  • Conflict Resolution

  • Leadership

  • Time management

  • creativity

  • flexibility

  • Critical thinking

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Audit Manager - Global Markets in New York, NY, USA is $130,000-$160,000 per year. However, this can vary depending on factors such as company size, industry, experience, and education level.

Additional Information
Bank of America is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedAugust 12th, 2024
Apply BeforeApril 11th, 2026
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About Bank of America

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.

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