Job Description
Job Description:
Overview
Bank of America is one of the world's leading 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.
We are committed to attracting and retaining top talent across the globe to ensure our continued success.
Along with taking care of our customers, we want to be the best place for people to work and aim at creating a work environment where all employees have the opportunity to achieve their goals.
We are a part of the Global Business Services which delivers technology and operations capabilities to Bank of America lines of business (LOB) and enterprise functions.
Our employees help our customers and clients at every stage of their financial lives, helping them connect to what matters most.
This purpose defines and unites us.
Every day, we are focused on delivering value convenience, expertise and innovation for individuals, businesses and institutional investors we serve worldwide.
Process Overview
The role sits within the Global Banking and EMEA Credit Risk Audit team at an AVP/VP level and involves interactions across teams in the APAC, Americas and Latam regions.
The team provides audit coverage of Global Banking business globally and Credit Risk Management in EMEA, which covers the full suite of businesses across Corporate & Investment Banking (GCIB), Commercial Banking (GCB), M&A Advisory, Debt and Equity Capital Markets, Corporate Banking, Global Leasing, and Global Transaction Services (GTS), e.g.
Global Payments and Receivables, Cash Management, Trade & Supply Chain Finance, Commercial Cards.
This is a high visibility role and requires engagement with both global and regional stakeholders across various businesses and functions within the Global Banking Business.
Job Description
The role involves playing a lead role in the audits of Global Transaction Banking including product management and sales process.
We expect the individual to work as an individual contributor or as an Auditor In-charge on regional / global audits either remotely or locally and conduct testing independently but maintain ongoing interaction and manage time zone differences.
In particular:
Develop an audit plan (e.g. audit scope, audit test plans) based on detailed evaluation of process/business risks & controls. Perform high-quality audit test execution.
Clearly and accurately document the execution of specific audit procedures as defined by the projects' objectives and planned audit approach.
Engage with business stakeholders to agree on potential issues / control gaps. Drafts quality and timely audit reports supporting audit opinions and share results with audit and business leaders. Direct and mentor junior team members. Ensure timely completion of audits.
Responsibilities
Demonstrate professionalism and competence. Stay informed of current economic developments, risk, processes, and controls relevant to Global Transaction Banking business incl. Global Payments, Cash Management, Trade and Supply Chain Finance, Commercial Card, Clearing / Network / Partner bank, Digital channel.
Exercise critical and out of box thinking, analytical skills and professional judgment to influence business partners, senior business managers and peers.
Help business partners to balance their business strategy with appropriate risk management controls.
Work in a very detailed manner as well as look broadly across a population and develop connections and themes identifying risks and concerns.
Requirements
Education - Bachelor or Masters Degree
Certifications If Any - CA / ACCA / CFA / FRM / CIA will be a plus
Experience Range - Minimum 12-15 years of Internal Audit / front office/risk management experience with minimum 3 to 5 years in the Global Transaction Banking business.
Foundational skills
Knowledge of Global Transaction Banking products / process and associated risks.
Able to perform effectively under pressure and comfortable at engaging with senior management on complex issues.
Solid risk assessment, analytical and problem solving skills. Demonstrated ability to work with people at all levels of an organization across regions. Problem solving skills including ability to apply critical thinking.
Exceptional attention to details.
Develop team members by providing day to day coaching and guidance when acting as an AIC. Sound project and time management skills.
Desired Skills:
Excellent communication skills (verbal and written) in English
Work Timings: 11am to 8pm
Job Location :
GGN
Overview
Bank of America is one of the world's leading 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.
We are committed to attracting and retaining top talent across the globe to ensure our continued success.
Along with taking care of our customers, we want to be the best place for people to work and aim at creating a work environment where all employees have the opportunity to achieve their goals.
We are a part of the Global Business Services which delivers technology and operations capabilities to Bank of America lines of business (LOB) and enterprise functions.
Our employees help our customers and clients at every stage of their financial lives, helping them connect to what matters most.
This purpose defines and unites us.
Every day, we are focused on delivering value convenience, expertise and innovation for individuals, businesses and institutional investors we serve worldwide.
Process Overview
The role sits within the Global Banking and EMEA Credit Risk Audit team at an AVP/VP level and involves interactions across teams in the APAC, Americas and Latam regions.
The team provides audit coverage of Global Banking business globally and Credit Risk Management in EMEA, which covers the full suite of businesses across Corporate & Investment Banking (GCIB), Commercial Banking (GCB), M&A Advisory, Debt and Equity Capital Markets, Corporate Banking, Global Leasing, and Global Transaction Services (GTS), e.g.
Global Payments and Receivables, Cash Management, Trade & Supply Chain Finance, Commercial Cards.
This is a high visibility role and requires engagement with both global and regional stakeholders across various businesses and functions within the Global Banking Business.
Job Description
The role involves playing a lead role in the audits of Global Transaction Banking including product management and sales process.
We expect the individual to work as an individual contributor or as an Auditor In-charge on regional / global audits either remotely or locally and conduct testing independently but maintain ongoing interaction and manage time zone differences.
In particular:
Develop an audit plan (e.g. audit scope, audit test plans) based on detailed evaluation of process/business risks & controls. Perform high-quality audit test execution.
Clearly and accurately document the execution of specific audit procedures as defined by the projects' objectives and planned audit approach.
Engage with business stakeholders to agree on potential issues / control gaps. Drafts quality and timely audit reports supporting audit opinions and share results with audit and business leaders. Direct and mentor junior team members. Ensure timely completion of audits.
Responsibilities
Demonstrate professionalism and competence. Stay informed of current economic developments, risk, processes, and controls relevant to Global Transaction Banking business incl. Global Payments, Cash Management, Trade and Supply Chain Finance, Commercial Card, Clearing / Network / Partner bank, Digital channel.
Exercise critical and out of box thinking, analytical skills and professional judgment to influence business partners, senior business managers and peers.
Help business partners to balance their business strategy with appropriate risk management controls.
Work in a very detailed manner as well as look broadly across a population and develop connections and themes identifying risks and concerns.
Requirements
Education - Bachelor or Masters Degree
Certifications If Any - CA / ACCA / CFA / FRM / CIA will be a plus
Experience Range - Minimum 12-15 years of Internal Audit / front office/risk management experience with minimum 3 to 5 years in the Global Transaction Banking business.
Foundational skills
Knowledge of Global Transaction Banking products / process and associated risks.
Able to perform effectively under pressure and comfortable at engaging with senior management on complex issues.
Solid risk assessment, analytical and problem solving skills. Demonstrated ability to work with people at all levels of an organization across regions. Problem solving skills including ability to apply critical thinking.
Exceptional attention to details.
Develop team members by providing day to day coaching and guidance when acting as an AIC. Sound project and time management skills.
Desired Skills:
Excellent communication skills (verbal and written) in English
Work Timings: 11am to 8pm
Job Location :
GGN
💡 Quick Summary
Seeking a career-building opportunity? The Vice President| Audit Supervisor position is now open for candidates interested in the Bank Jobs sector. This role in Gurgaon offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
