Audit Supervisor - Treasury Liquidity and Asset Liability Management
Company: Disability Solutions
Location: Wilmington
Posted on: November 14, 2024
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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. 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:This job is responsible for
independently performing test work during highly complex audit
activities for Lines of Business (LOBs). Key responsibilities
include independently designing and executing audit tests,
assessing issues for business impact and recommending severity
ratings, and establishing business partner relationships. Job
expectations include evaluating the control environment, fostering
an inclusive work environment, applying product, business, and
technical expertise, and supporting team members with
development.Reporting to a Director, this role is responsible for
providing independent and objective assurance to improve the
organization's operations and compliance with key regulations by
evaluating the effectiveness of risk management, control, and
governance processes. This role will perform independent testing of
high profile, enterprise-wide focus areas, which will provide
opportunities to further develop subject matter expertise in
specialized areas that are in high demand. Audit teams work
alongside the Treasury, Finance, and Risk divisions to conduct
reviews of the Company's liquidity risk management, interest rate
risk management, asset liability management
practices.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--- Exercises sound knowledge of
product, business, and technical expertise to effectively challenge
management to improve the control environment--- Assesses impacts
to business processes, controls, and strategies to provide
recommendations on severity ratings--- Provides input on draft
audit reports and shares audit results with business leaders---
Supports the development of peers and teams through
on-the-job-training and fosters an inclusive work environment---
Establishes business partner relationships, primarily with line
management, to develop business knowledge--- Uses innovative tools
to complete audit activities more efficiently (e.g.,
testing)Required Qualifications:
Keywords: Disability Solutions, Potomac , Audit Supervisor - Treasury Liquidity and Asset Liability Management, Accounting, Auditing , Wilmington, Maryland
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