Overview
Bank
of America is one of the world's largest financial institutions,
serving individual consumers, small and middle market businesses and
large corporations with a full range of banking, investing, asset
management and other financial and risk-management products and
services. The company provides unmatched convenience in the United
States, serving more than 59 million consumer and small business
relationships with more than 6,100 retail banking offices, nearly 18,700
ATMs and award-winning online banking with nearly 29 million active
users. Following the acquisition of Merrill Lynch on January 1, 2009,
Bank of America is among the world's leading wealth management companies
and is a global leader in corporate and investment banking and trading
across a broad range of asset classes serving corporations, governments,
institutions and individuals around the world. Bank of America offers
industry-leading support to more than 4 million small business owners
through a suite of innovative, easy-to-use online products and services.
The company serves clients in more than 150 countries. Bank of America
Corporation stock is a component of the Dow Jones Industrial Average and
is listed on the New York Stock Exchange.
Responsibilities
Plan and execute a risk based audit strategy and Audit plan for complex Global Markets products.
· Independently execute assigned audit activities in complex products (e.g. Derivatives)
· Responsible for Audit issue management overall
· SOX engagement– concurrent reviews and hands on engagement
· Utilize
sound, seasoned analytical skills with product, business, and technical
expertise to execute assigned responsibilities in an impactful manner
· Real
time Audit and Business engagement with ability to influence management
on Audit Issues, Audit Ratings and Sufficiency of correctives actions
by exercising strong judgment, critical thinking and previous experience
· Identify
control trends, regulatory themes and emerging risks in assigned
business areas and their impact on the business and to the Bank overall
by applying business acumen and experience
· Assisting
in the development and management of the annual audit plan including
coordination with other regional and global teams/ team leaders.
· Contributing
to and participating in various key control related functions and
forums including regular control and new product committees.
· Development and management of key client relationships (business and governance & control functions)
· Staff and talent development and training
· Interaction with regulators during inspections
Requirements
· Chartered
Accountant or Equivalent with 10+ years of relevant work experience,
majority of this gained while working in an audit environment, either
within an internal audit function in banking/ finance or in an
accounting firm Big 4, or in a compatible risk control function.
· Strong
knowledge of Global Market Sales and Trading products gained in a large
and recognized comparable Global Financial Services institution.
· Ability
to constructively and effectively engage trading, risk, compliance,
finance and operations personnel (including senior management in these
functions)
· Good understanding of trading risk, trade processing, settlement, valuation and accounting
· Excellent communication skills (verbal and written)
· Show
willingness to become a credible Subject Matter Expert in an aspect of
Global Markets Activity: Equity/Rates & Currency, Market/Credit
Risk.
· Good understanding of Rules and Regulations and experience of dealing with regulators will be advantageous
Click here to apply
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