Bank Of America Audit Supervisor - Consumer Compliance 

United States, North Carolina, Charlotte 

405217974

Job Description:

Job Description:

This job is primarily responsible for independently performing and/or overseeing test work to evaluate consumer compliance risks within and across Lines of Business (LOBs). The role will also execute and/or oversee testing strategies to ensure that the firms compliance and operational independent risk management function provides adequate oversight of front line and control function compliance risks. Key responsibilities include independently designing and executing audit tests, assessing issues for compliance risk within the business and recommending severity ratings, and establishing business partner relationships.

Responsibilities:

• Utilizes compliance knowledge across products, businesses, and technical expertise to effectively challenge management to improve the control environment

• Executes audit strategy for the sound application of risk-based compliance focused auditing by defining audit scope and audit programs, and leverages automation and innovative methods in a timely and high quality manner

• Assesses impacts to business processes, controls, and strategies to provide recommendations on severity ratings

• Provides input on draft audit reports and shares audit results with business leaders

• Supports the development of peers and teams through on-the-job-training and fosters an inclusive work environment

• Establishes business partner relationships, primarily with line management, to develop business knowledge

• Uses innovative tools to complete audit activities more efficiently (e.g., testing)

Skills:

• Consumer Compliance

• Internal Audit Review

• Issue Management

• Risk Management

• Audit Planning

• Analytical Thinking

• Project Management

• Automation

• Technical Documentation

• Attention to Detail

• Business Acumen

• Relationship Building

• Coaching and leading team members

• Critical Thinking

• Written Communications

Required Qualifications:

• 5+ years of direct experience with consumer laws/regulations through direct responsibility to comply with multiple laws/regulations in business as usual responsibilities and/or providing oversight of compliance laws/regulations and/or auditing compliance as part of overall audit coverage responsibility.

Desired Qualifications:

• Familiarity with audit concepts and demonstrated record of providing oversight/leadership of team members responsible for executing and/or evaluating controls related to compliance risks.