Easter Seals Jobs

Audit Supervisor - Global Markets (FICC)

New York, New York

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.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:

This role will use expertise gained auditing Global Markets or closely related areas (i.e. market risk management, product control or GM specific compliance or business controls) to execute audit work with a focus on FICC front line units. Lines of business include Rates, FX, Credit, Mortgages, Munis, and Commodities. BAC trades a wide array of products in each of these businesses in a market making capacity, include cash securities, futures, and derivatives. This experience may not come from a traditional audit background, but rather from transferrable skills from a first or second line function associated with Sales and Trading desks. This role will build on a good working knowledge of the functions of a market making, or debt origination and lending linked to GM products (e.g. securitization markets), for example, while working in a trading capacity, as part of a risk management function, or as a Global Markets product controller or GM Finance role.

Responsibilities:

• Responsible for executing multiple areas of test work during audit activities.

• Use analytical skills and/or technical expertise to execute assigned audit testing responsibilities and identify opportunities to automate testing or create continuous monitoring.

• Independently execute audit test work on assigned audits in a timely manner and with high quality.

• Identify control deficiencies, discusses with line management and initiates control matter recommendations in assigned test areas.

• Demonstrate project management skills

• Raise issues and concerns and make recommendations for severity ratings.

• Assess issues for impact to business processes, controls and strategies; recommends severity ratings and escalation of broad themes or trends, engages in discussions about risk and demonstrates business knowledge.

• Establish business partner relationships; primary engagement is with line management.

• Exercise critical thinking and judgment to effectively influence management to improve the control environment.

• Strive to improve processes and challenge the status quo to improve existing operating environment.

Required Qualifications:

• Minimum 3+ years of Audit, Risk, Business Control, Compliance, Finance, or other relevant experience

• Familiarity with Global Markets – FICC lines of business, including trading and hedging strategies, supervisory procedures, P&L attribution, risk management, operational processes and regulatory landscape.

• Ability to plan, execute and evaluate audit test plans within a risk based audit methodology.

• Sound organizational, analytical, oral, and written communication skills.

• Ability to successfully communicate to influence management and lead change in both strategic and tactical initiatives.

• Self-starter, desire to learn able to teach others, positive attitude, exhibits flexibility and intellectual curiosity.

• Strong analytical skills. Ability to analyze large amounts of data and turn it into usable information.

• Ability to work in a very detailed manner as well as to look broadly across a population and develop connections and themes identifying risk and concerns.

• Ability to juggle multiple work efforts and to quickly change direction, as needed.

• Proficiency in Microsoft Office Products

• Ability to converse with management on all levels.

• Excellent written and oral communication skills, ability to converse with management on all levels.

• Bachelor’s degree or relevant experience

Desired Qualifications:

• Familiarity with Global Markets – FICC lines of business, including trading and hedging strategies, supervisory procedures, P&L attribution, risk management, operational processes and regulatory landscape.

• Audit or risk control risk/controls background in financial services

• Intermediate Analytical / Automation Skills (SQL, SAS, Advanced Excel and Access)

• Advanced degree

• CPA professional designation.

• Strong presentation skills

Skills:

• Analytical Thinking

• Audit Planning

• Internal Audit Review

• Issue Management

• Risk Management

• Attention to Detail

• Automation

• Business Acumen

• Project Management

• Technical Documentation

• Coaching

• Critical Thinking

• Relationship Building

• Written Communications

Shift:

1st shift (United States of America)

Hours Per Week:

40

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .

To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .

View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) .

Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE .

This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.