Audit Manager

Bank of America•Charlotte, NC

11d•Onsite

About The Position

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 overseeing assigned areas of audit work acting as an Auditor-in-Charge (AIC), and executing on the audit strategy for Lines of Business (LOBs) as well as overseeing and review of SOX controls testing work.

Requirements

Fully qualified professional accountant (CPA, ACA, ACCA, or equivalent).
Proven experience with a leading accounting firm or financial institution, specifically in translating financial statements of a financial institution from one GAAP framework to another (e.g., US GAAP to IFRS).
Hands-on experience in the finance function of a financial institution (or with a leading accounting firm), overseeing compliance and reporting under multiple GAAP frameworks (including US GAAP, IFRS, and relevant European GAAPs).
Excellent understanding of financial instruments and their treatment under different accounting frameworks.
Experience with SOX compliance and SOX controls testing preferable but not essential.
Proactive self-starter with a strong desire to learn, share knowledge, and adapt to changing priorities.
Excellent analytical and problem-solving skills.
Ability to work independently and manage multiple tasks effectively in a fast-paced, deadline-driven environment.
Strong interpersonal skills with the ability to collaborate across diverse teams and build effective working relationships.
Team-oriented mindset with a focus on solutions and a strong awareness of risk.
Clear and confident communicator, capable of presenting complex issues and findings to senior stakeholders.
Strong audit report writing skills, with the ability to articulate findings clearly, concisely, and professionally.

Nice To Haves

Experience with audit project management tools and a working knowledge of data analytics tools (e.g., Alteryx, Excel, SQL) is preferred.
Risk Management
Business Acumen
Coaching
Project Management
Relationship Building
Written Communications
Attention to Detail
Automation
Critical Thinking
Technical Documentation

Responsibilities

Act as a subject matter expert on the accounting treatment of banking and trading book products under both US GAAP and IFRS.
Responsible for planning, executing, and reporting on audits within the CFO organization, with a particular focus on the accuracy of accounting treatment for trading and banking book products under US GAAP, IFRS, and other relevant European GAAP frameworks.
Oversee audit testing to ensure timely execution adhering to audit policies, procedures, and quality standards.
Evaluate the impact of audit findings on business processes, controls, and strategic initiatives, providing well-supported recommendations and escalating emerging themes or trends.
Draft high quality audit reports
Apply sound judgment and intellectual curiosity to challenge and influence management, driving enhancements in the control environment and promoting continuous improvement.
Manage Sarbanes-Oxley (SOX) control testing activities, ensuring timely execution and high-quality documentation.
Review SOX testing workpapers to confirm accuracy, completeness, and adherence to regulatory standards.
Supervise and mentor a team of associates, fostering an inclusive and collaborative work culture while providing day-to-day guidance and support.
Build and maintain strong relationships with business partners, particularly line management, to deepen understanding of business operations and risks.
Leverage deep product, business, and technical expertise to effectively challenge management and contribute to strengthening the overall control framework.