Bank of America
Senior Auditor - CFO Data Quality
Bank of America, Charlotte, North Carolina, United States, 28245
Overview
6 days ago Be among the first 25 applicants
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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
This job is responsible for testing data controls and verification of completeness and accuracy of transaction-level data across the Company’s CFO, CPO, and Legal coverage areas. These coverage areas include processes and controls within Accounting, Finance, SOX, Regulatory Reporting, ESG, Capital Management, Basel, Treasury, Liquidity, RRP, Global Human Resources, the Chief Administrative Office, and Legal.
Testing activities include data extraction from multiple sources, development of data analytics, and building dashboards. Opportunity to provide automated solutions utilizing sophisticated tools (SQL, Alteryx, Tableau, SAS) and technologies (Python, AI / Data science). Typically works on projects of moderate to high complexity that would involve learning (regulatory requirements, business models, processes) on each new assignment.
Candidates will work directly with Audit leadership with specialization and subject matter expertise in the areas assigned. Candidates will receive training and additional instruction as needed and will be provided with testing objectives and guidelines. Team members should have the ability to perform high quality, risk-focused fieldwork, in accordance with Corporate Audit methodologies and standards to identify meaningful issues, risks and other exposures in the area being audited. The candidate will create and maintain accurate and clear work documents and expected to complete tasks efficiently (on time and accurately). Also, will engage in relevant training regarding audit, businesses, financial controls, regulations or a particular specialty. Candidates are expected to work independently but maintain ongoing communication and provide periodic updates to Audit leadership.
Responsibilities
Executes audit strategy for the sound application of risk-based auditing by defining audit scope and audit program, and leverages automation and innovative methods in a timely and high quality manner
Identifies control deficiencies, discusses with line management, and initiates control matter recommendations
Establishes business partner relationships, primarily with line management, to develop business knowledge
Assesses impacts to business processes, controls, and strategies to provide recommendations on severity ratings
Exercises sound judgment to effectively influence management to improve the control environment while developing knowledge of product, business, and technical expertise. Develops skills to use innovative tools to complete audit activities more efficiently (e.g., testing)
Required Qualifications
2+ years of experience in financial services or audit with experience in data analysis, data management, and/or data visualization
BA/BS or equivalent in Accounting, Finance, Computer Science, Mathematics, or similar field
Skilled in use of data technologies (SQL, R, Python) and data visualization / workflow tools (Alteryx, Tableau)
Strong project management skills, attention to detail, ability to supervise and manage projects to completion
Excellent organizational skills with keen ability to prioritize daily tasks with project work as well as ad hoc requests
Ability to learn complex subject matter, understand regulatory requirements, and build testing programs to ensure compliance and mitigate risks
Proven verbal and written communication skills
Strong analytical and technical skills
Implements risk-based audit strategy
Ability to work as individual contributor and conduct testing independently
Desired Qualifications
Advanced degree in a technical field (e.g., Accounting, Finance, Computer Science, Mathematics, etc.)
CPA or equivalent preferred
Experience using GenAI tools in an enterprise environment
Skills
Analytical Thinking
Attention to Detail
Internal Audit Review
Risk Management
Technical Documentation
Automation
Business Acumen
Issue Management
Project Management
Critical Thinking
Relationship Building
Written Communications
Shift 1st shift (United States of America)
Hours Per Week 40
Seniority level Mid-Senior level
Employment type Full-time
Job function Quality Assurance Industries: Banking
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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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
This job is responsible for testing data controls and verification of completeness and accuracy of transaction-level data across the Company’s CFO, CPO, and Legal coverage areas. These coverage areas include processes and controls within Accounting, Finance, SOX, Regulatory Reporting, ESG, Capital Management, Basel, Treasury, Liquidity, RRP, Global Human Resources, the Chief Administrative Office, and Legal.
Testing activities include data extraction from multiple sources, development of data analytics, and building dashboards. Opportunity to provide automated solutions utilizing sophisticated tools (SQL, Alteryx, Tableau, SAS) and technologies (Python, AI / Data science). Typically works on projects of moderate to high complexity that would involve learning (regulatory requirements, business models, processes) on each new assignment.
Candidates will work directly with Audit leadership with specialization and subject matter expertise in the areas assigned. Candidates will receive training and additional instruction as needed and will be provided with testing objectives and guidelines. Team members should have the ability to perform high quality, risk-focused fieldwork, in accordance with Corporate Audit methodologies and standards to identify meaningful issues, risks and other exposures in the area being audited. The candidate will create and maintain accurate and clear work documents and expected to complete tasks efficiently (on time and accurately). Also, will engage in relevant training regarding audit, businesses, financial controls, regulations or a particular specialty. Candidates are expected to work independently but maintain ongoing communication and provide periodic updates to Audit leadership.
Responsibilities
Executes audit strategy for the sound application of risk-based auditing by defining audit scope and audit program, and leverages automation and innovative methods in a timely and high quality manner
Identifies control deficiencies, discusses with line management, and initiates control matter recommendations
Establishes business partner relationships, primarily with line management, to develop business knowledge
Assesses impacts to business processes, controls, and strategies to provide recommendations on severity ratings
Exercises sound judgment to effectively influence management to improve the control environment while developing knowledge of product, business, and technical expertise. Develops skills to use innovative tools to complete audit activities more efficiently (e.g., testing)
Required Qualifications
2+ years of experience in financial services or audit with experience in data analysis, data management, and/or data visualization
BA/BS or equivalent in Accounting, Finance, Computer Science, Mathematics, or similar field
Skilled in use of data technologies (SQL, R, Python) and data visualization / workflow tools (Alteryx, Tableau)
Strong project management skills, attention to detail, ability to supervise and manage projects to completion
Excellent organizational skills with keen ability to prioritize daily tasks with project work as well as ad hoc requests
Ability to learn complex subject matter, understand regulatory requirements, and build testing programs to ensure compliance and mitigate risks
Proven verbal and written communication skills
Strong analytical and technical skills
Implements risk-based audit strategy
Ability to work as individual contributor and conduct testing independently
Desired Qualifications
Advanced degree in a technical field (e.g., Accounting, Finance, Computer Science, Mathematics, etc.)
CPA or equivalent preferred
Experience using GenAI tools in an enterprise environment
Skills
Analytical Thinking
Attention to Detail
Internal Audit Review
Risk Management
Technical Documentation
Automation
Business Acumen
Issue Management
Project Management
Critical Thinking
Relationship Building
Written Communications
Shift 1st shift (United States of America)
Hours Per Week 40
Seniority level Mid-Senior level
Employment type Full-time
Job function Quality Assurance Industries: Banking
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