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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. 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!
Job Description:
As Audit Supervisor, you will use your expertise in Auditing/Risk Management to execute the assigned areas of audit work, on individual audits, issue validation and at times special projects. This could include assisting in defining individual audit scope, audit program, and test procedures.
Your role will involve the timely delivery of audit work within quality standards and conformance to audit policies and procedures. You will assess issues for impact to business processes, controls, and strategies, recommend severity ratings and escalation of broad themes or trends.
As Audit Supervisor you will draft quality workpapers and audit issues and contribute, as needed, to final Audit reports. You will exercise critical thinking and judgment to effectively influence your leadership teams, to improve the control environment. When leading an audit engagement, you will be responsible for day-to-day coaching, mentoring, and performance feedback, continually fostering an inclusive work environment.
Responsibilities:
• Executes audit strategy for the sound application of risk-based auditing by defining audit scope and audit programs, and leverages automation and innovative methods in a timely and high-quality manner
• May be assigned as an Auditor-in-Charge (AIC) overseeing audit testing and ensuring it is executed in a timely manner and conforms with quality standards, audit policies, and procedures
• Assesses impacts to business processes, controls, and strategies to provide recommendations on severity ratings for issues
• Provides input on draft audit reports and shares audit results with business partners
• Supports the development of peers and teams through on-the-job-training and fosters an inclusive work environment
• Establishes business partner relationships when executing Audit reviews or issue validation work
• Uses innovative tools to complete audit activities more efficiently (e.g., testing)
• Exercises sound knowledge of product, business, and technical expertise to effectively challenge management to improve the control environment
Skills:
• Internal Audit Methodology (risk and control testing)
• Issue Management
• Risk Management
• Audit Planning
• Analytical Thinking
• Project Management
• Automation
• Technical Documentation
• Attention to Detail
• Business Acumen
• Relationship Building
• Coaching
• Critical Thinking
• Written and Verbal Communications
Required Qualifications:
Desired Qualifications:
Shift:
1st shift (United States of America)Hours Per Week:
40Full Time
Banking
$99k-120k (estimate)
05/30/2024
07/31/2024
bankofamerica.com
FARMINGTON, NM
>50,000
1968
LINDA BOYCE
>$50B
Banking
Bank America is an insurance company based out of P.O. BOX 15292, Richmond, Virginia, United States.
The job skills required for Audit Supervisor include Auditing, CPA, Communication Skills, Attention to Detail, Internal Audit, Flexibility, etc. Having related job skills and expertise will give you an advantage when applying to be an Audit Supervisor. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Audit Supervisor. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Audit Supervisor positions, which can be used as a reference in future career path planning. As an Audit Supervisor, it can be promoted into senior positions as an Auditing Supervisor III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Audit Supervisor. You can explore the career advancement for an Audit Supervisor below and select your interested title to get hiring information.
If you are interested in becoming an Audit Supervisor, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become an Audit Supervisor for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Audit Supervisor job description and responsibilities
Develop annual audit plan and coordinate audit activities.
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Perform audits for business operations, finances, compliance with policies and procedures.
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Oversee audit planning and reporting activities according to established policies.
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Supervise audit team to ensure quality and on-time delivery.
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The audit supervisor reviews the report and makes notes of any questions or concerns that they may have.
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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Audit Supervisor jobs
Strong background and experience with audit methodologies and techniques.
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Step 3: View the best colleges and universities for Audit Supervisor.