Quality Assurance Audit Manager
Company: Disability Solutions
Location: Charlotte
Posted on: October 30, 2024
Job Description:
Job Description: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.Bank of America believes both
in the importance of working together and offering flexibility to
our employees. We use a multi-faceted approach for flexibility,
depending on the various roles in our organization.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!Job Description:This job is responsible for
overseeing assigned areas of audit work acting as an
Auditor-in-Charge (AIC), and executing on the audit strategy for
Lines of Business (LOBs). Key responsibilities include driving
risk-based auditing by defining scope and test procedures to
evaluate the control environment in conformance with audit
policies, assessing issues for business impact and recommending
severity ratings, drafting audit reports, and managing business
partner relationships. Job expectations include fostering an
inclusive work environment, and mentoring team
members.Responsibilities:The Quality Assurance Team is responsible
for ensuring that Corporate Audit activities comply with internal
policies and procedures, as well professional standards set forth
by industry and regulatory institutions. Responsibilities include
but are not limited to:
- Executes quality assurance reviews of core audit activities
i.e. audits, issues validation, audit plan documentation and
coverage, and other special projects, using predefined attributes
and challenge questions, relevant for the review type and in
accordance with the QA strategy.
- Uses sound analytical skills and possesses product, business
and technical expertise to execute assigned AML QA reviews.
- Independently executes assigned QA review and demonstrates
sound project management skills.
- Exercises critical thinking and judgment to effectively
challenge and influence audit partners.
- Should be able to identify trends and act as a catalyst for
improving the audit processes and practices.
- Should be able to independently draft quality reports and
present results to senior audit management across the globe, and
engage in discussions about risk and demonstrates QA and Internal
Audit knowledge.
- Works with team and shares challenges and learnings from QA
review, and also provides inputs for automation and
simplification.
- Effective influence skills in communicating findings. This
individual must be an articulate and effective communicator, both
verbally and in writing.
- Strong interpersonal skills for interfacing with all levels of
internal and external audit and management.
- Exercises intellectual curiosity and judgment to effectively
influence and challenge management to improve the control
environment and drive continuous improvements on audit
- Maintains business partner relationships, primarily within
Audit, to develop business knowledge
- Exercises sound knowledge of product, business, and technical
expertise to effectively challenge audit to improve the quality of
work
- Executes audit strategy for the sound application of risk-based
auditing by defining audit scope and audit programs, and drafting
audit reports leveraging automation and innovative methods in a
timely and high quality manner
- Acts as Auditor-in-Charge (AIC) by overseeing audit testing and
ensuring it is executed in a timely manner and conforms with
quality standards, audit policies, and procedures
- Assesses impacts to business processes, controls, and
strategies to provide recommendations on severity ratings and
escalate broad themes or trends accordingly based on existing
business knowledge
- Exercises intellectual curiosity and judgment to effectively
influence and challenge management to improve the control
environment and drive continuous improvements on audit
- Oversees a team of associates and provides day-to-day mentoring
and guidance and fosters an inclusive work environment
- Maintains business partner relationships, primarily with line
management, to develop business knowledge
- Exercises sound knowledge of product, business, and technical
expertise to effectively challenge management to improve the
control environmentRequired Qualifications:
- Experience Range: 7-10 years (Audit Manager)
- Strong internal audit experience
- Good understanding of the key business processes, risks and
controls
- Strong interpersonal, leadership, and communication (both
written and oral) skills
- Strong strategic and process thinking abilities; takes a broad
perspective and makes connections
- Critical thinker, high energy and intellectual curiosity
- Proactively looks for opportunities, solutions and process
improvements, manages projects, including contracting, milestones
and task management, resources, risks/dependencies
- Results driven, outcome-oriented leadership style with a high
degree of energy and work ethic that suggests personal drive and
dedication
- Excellent analytical skills
- Able to produce high quality, accurate output under tight
timeframes
- A high level of attention to detail
- Ability to build partnerships across a global Audit
- Organized and able to manage workload efficientlyDesired
Qualifications:
- Certified Internal Auditor (CIA), Certified Public Accountant
(CPA), Certified Fraud Examiner (CFE), or other related
certifications
- Experience of complex reporting, including the creation of
presentations for delivery to Senior LeadersSkills:
- Analytical Thinking
- Audit Planning
- Internal Audit Review
- Issue Management
- Risk Management
- Business Acumen
- Coaching
- Project Management
- Relationship Building
- Written Communications
- Attention to Detail
- Automation
- Critical Thinking
- Technical DocumentationShift:1st shift (United States of
America)Hours Per Week: 40Pay Transparency detailsUS - CT - East
Hartford - 101 E River Dr - One Riverview Square (CT2550), US - CT
- Stamford - 600 Washington Blvd (CT2561), US - RI - Providence - 1
Financial Plaza (RI1537)Pay and benefits informationPay
range$115,600.00 - $157,000.00 annualized salary, offers to be
determined based on experience, education and skill
set.Discretionary incentive eligibleThis role is eligible to
participate in the annual discretionary plan. Employees are
eligible for an annual discretionary award based on their overall
individual performance results and behaviors, the performance and
contributions of their line of business and/or group; and the
overall success of the Company.BenefitsThis role is currently
benefits eligible. We provide industry-leading benefits, access to
paid time off, resources and support to our employees so they can
make a genuine impact and contribute to the sustainable growth of
our business and the communities we serve.
Keywords: Disability Solutions, Charlotte , Quality Assurance Audit Manager, Accounting, Auditing , Charlotte, North Carolina
Didn't find what you're looking for? Search again!
Loading more jobs...