Senior Audit Manager - Data Quality (DQ) Audit Team

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 an 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 Description

As a leader of the Data Quality (DQ) Audit team, the candidate will be accountable for managing and executing audit programs designed to measure and report on data risk across the enterprise. Implements and communicates Corporate Audits mission, goals, and strategies. Responsible for developing a data Audit plan including proper assessment and coverage of risks, including emerging risks. Demonstrates critical thinking, strategic mindset, leads and supports change. Executes assigned components of the Audit plan in a timely manner, within quality standards and in conformance to Audits policies and procedures. Assess issues for impact to business processes, controls, strategies, assigns severity ratings and escalates broad themes or trends. Produces quality and timely Audit reports that summarizes results of an Audit to Management. Manages business partner relationships for areas of responsibility, primary engagement with line management. Exercises critical thinking and judgement to effectively influence management to improve the control environment. Participates in communication with regulatory agencies as needed. Manages performance of the team, including expense management. Provides effective and frequent coaching and development to assigned Audit team. Responsible for development, retention, and personnel management issues. Fosters an inclusive work environment.

Responsibilities:

Responsible for leading Audit data coverage, risks, and controls, managing, leading, and executing a data Audit program designed to independently validate the completeness and accuracy of data from point of origin, to systems of record, through business use      (e.g. reporting) across the enterprise on projects of moderate to high complexity. Should have the ability to perform high quality, risk-focused fieldwork, in accordance with Corporate Audit methodologies and standards to identify meaningful issues, risks and other exposures as it relates to data and as outlined in the Enterprise Data Management standard. 

Skills:

• As part of the Management team, this role will manage day to day activities of resources, multiple bodies of work, review documentation of work completed, mange relationship with stakeholders, escalate concerns timely with leadership, and design  data strategy for the areas of support

• Plan, perform and lead data audits at the regional level as well as other diverse lines of business and specialty areas

• Responsible for leading responses for regulatory requests, including creating presentation materials, as part of ongoing regulatory exams

• As required, engage with regulators to present data validation work

• Mange staff during Audit engagements and provide feedback on work performed.

• Challenge and leverage risk mindset to influence business leaders to drive proper remediation of regulatory gaps

• Develop test plans designed to address the risk and root cause of the issue

• Work with leadership to effectively prioritize issues that may be past due or high risk

• Closely work with other Audit teams during data validation, issue and other work

Required Qualifications:

• Minimum 8+ years of Audit, Risk, Data or other relevant experience

• Bachelor’s Degree  OR Equivalent work experience

• Prior data experience (i.e. analytics; data mining; automation)

• Understanding of Audit practices and methodologies as well as rules for professional and ethical conduct

• Strong critical thinking, problem solving, analytical mindset required

• Must be able to plan, execute, and evaluate audit test plans within a risk-based audit methodology

• Ability to think critically and apply audit and data expertise

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

• Demonstrate the ability to manage multiple work efforts and to quickly change direction.

• Ability to operate in a fast paced environment with multiple concurrent priorities.

• Strong written and verbal communications at all levels of management – must be able to make recommendations and articulate conclusions supported by data 

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

• Must have the ability to effectively communicate quantitative topics to technical and non-technical audiences 

• Strong interpersonal skills for interfacing with all levels of internal and external audit and management

Desired Skills:

• Knowledge of Bank of America business processes and front end application systems

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

• Prior Analytical / Automation Skills (SQL, SAS, Python. Alteryx, Advanced Excel)

• Advanced degree or certifications (CIA, CISA etc – CPA Preferred)

• Strong leadership style, content creation and presentation skills

Shift:

Hours Per Week: