Audit Manager - Global Transaction Services
Recruiter: Bank of America
Location: London, London, United Kingdom
Job Description:
Job Title: Audit Manager - Global Transaction Services
Corporate Title: Vice President
Location: London, Dublin or Chester
Company Overview:
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!
Location Overview:
London: Our London office is based just a stone's throw from the magnificent St. Paul's Cathedral on bustling King Edward Street.
Dublin: Overlooking the spectacular Iveagh Gardens with access to all amenities in the beating heart of central Dublin is our Park Place office.
Chester: Find us in the city of Chester, a destination renowned for its culture, history, and beauty.
The Team:
The role sits within the global audit team responsible for the audit coverage of Global Corporate & Investment Banking (GCIB) and GTS. Additionally, the team is responsible for EMEA Credit Risk audit coverage.
The Role:
The role is at an Audit Manager level and involves playing a lead role in the audits of Global Transaction Services (GTS) front office activities including review of business strategy, governance and risk management, new product approval process, ongoing product management, client selection, sales processes, and applicable laws & regulations.
GTS products include Global Payments & Receivables, Trade & Supply Chain Finance, Commercial Cards, Corporate Deposit, Liquidity & Cash Management, Clearing, Bank Notes.
We Expect the Individual to:
* Work as an individual contributor or as an Auditor In-charge on global GTS audits and conduct testing independently but maintain ongoing interaction with the other audit team.
* Demonstrate professionalism and competence. Stay informed of current economic developments, applicable regulations, risk, processes, and controls relevant to GTS and/or other risk areas impacting the business.
* Exercise critical and out of box thinking, analytical skills and professional judgment to influence business partners, senior business managers and peers.
* Work in a very detailed manner as well as look broadly across a population and develop connections and themes identifying risks and concerns.
* Develop and mentor junior team members by providing day-to-day coaching and guidance.
What We Look For:
* Solid Internal Audit/front office/risk management experience of the Global Transaction Services businesses.
* Knowledge of GTS products/process and associated risks including operational risk.
* Able to perform effectively under pressure and comfortable at engaging with senior management at all levels of an organization across regions on complex issues.
* Strong project management skills.
* Solid risk assessment, financial analytical skills, problem-solving skills, and ability to apply critical thinking.
* Exceptional attention to details and ability to ask insightful questions to fully understand the business, process, and risk.
* Excellent presentation and communication skills (verbal and written) in English.
Skills That Would Help:
* Tertiary education or the equivalent work experience.
* Professional Certification - CA / ACCA / CFA / FRM / CIA will be a plus.
Benefits of Working at Bank of America:
UK:
* Private healthcare for you and your family plus an annual health screen.
* Competitive pension plan, life assurance and group income protection cover.
* 20 days of back-up childcare including virtual tutoring and 20 days of back-up adult care per annum.
* The ability to change your core benefits and select a variety of flexible benefits.
* Access to an emotional wellbeing helpline, mental health first aiders, and virtual GP services.
* Ability to donate to charities of your choice directly through payroll.
* Opportunity to access our Arts & Culture corporate membership Programme.
* Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering.
Ireland:
* Private healthcare for you and your family plus an annual health screen.
* Competitive pension plan, life assurance and group income protection cover.
* 20 days of back-up childcare including virtual tutoring and 20 days of adult care per annum.
* Ability to change your core benefits and select a variety of flexible benefits.
* Access to free counselling through an Employee Assistance Programme.
* Opportunity to donate to charities of your choice directly through payroll.
* Opportunity to join our Arts & Culture corporate membership Programme.
* Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering.
Bank of America:
Good conduct and sound judgment is crucial to our long-term success. It's important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of various characteristics. #J-18808-Ljbffr