Audit Manager- Commercial Credit

Company: National Black MBA Association
Location: Stamford
Posted on: April 25, 2025

Job Description:

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 a diverse and 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 Responsibilities:

• Oversee assigned areas of audit work acting as an Auditor-in-Charge (AIC), executing on the audit strategy for Lines of Business (LOBs).
• Drive risk-based auditing by defining scope and test procedures to evaluate the control environment in conformance with audit policies.
• Assess issues for business impact and recommend severity ratings.
• Draft audit reports and manage business partner relationships.
• Foster an inclusive work environment and mentor team members.Key Responsibilities:
  • Execute audit strategy for risk-based auditing by defining audit scope and programs, and drafting audit reports leveraging automation and innovative methods in a timely and high-quality manner.
  • Act as Auditor-in-Charge (AIC) by overseeing audit testing, ensuring it is executed in a timely manner and conforms with quality standards, audit policies, and procedures.
  • Assess impacts to business processes, controls, and strategies to provide recommendations on severity ratings and escalate broad themes or trends accordingly.
  • Exercise intellectual curiosity and judgment to effectively influence and challenge management to improve the control environment and drive continuous improvements on audit.
  • Oversee a team of associates, providing day-to-day mentoring and guidance while fostering an inclusive work environment.
  • Maintain business partner relationships, primarily with line management, to develop business knowledge.
  • Exercise sound knowledge of product, business, and technical expertise to effectively challenge management to improve the control environment.Skills:
    • Analytical Thinking
    • Audit Planning
    • Internal Audit Review
    • Issue Management
    • Risk Management
    • Business Acumen
    • Coaching
    • Project Management
    • Relationship Building
    • Written Communications
    • Attention to Detail
    • Automation
    • Critical Thinking
    • Technical DocumentationRequired Qualifications:
      • Minimum of 8+ years of Credit, Risk, and/or Auditing experience.
      • Knowledge and experience in Commercial Credit, Leveraged Lending, Global Markets, and/or Counterparty Credit Risk.
      • Sound organizational, analytical, oral, and written communication skills.
      • Ability to communicate effectively to influence management and lead change in both strategic and tactical initiatives.
      • Self-starter with a desire to learn, able to teach others, high energy, positive attitude, and flexibility.
      • Strong analytical skills with the ability to analyze large amounts of data and turn it into usable information.
      • Ability to work in a detailed manner as well as to look broadly across a population to develop connections and identify risks.
      • Ability to juggle multiple work efforts and quickly change direction as needed.
      • Bachelor's Degree or equivalent work experience.Desired Qualifications:
        • Data Analytics, data reporting, or data management experience.
        • Advanced degree.
        • Strong presentation skills.
        • Strong preference for Audit experience.Shift: 1st shift (United States of America)Hours Per Week: 40Pay Transparency: Pay range $115,600.00 - $157,000.00 annualized salary, offers determined based on experience, education, and skill set. This role is eligible for discretionary incentive and benefits.
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Keywords: National Black MBA Association, Brick , Audit Manager- Commercial Credit, Accounting, Auditing , Stamford, New Jersey