Bank of America

Senior Auditor

Senior Auditor with 10-12 years experience in AML, sanctions, and fraud risk management programs and regulations. Must have strong project management, communication, analytical and critical thinking abilities. Experience with BSA/AML related risks and financial services industry knowledge is required.

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 About the job
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 Job Description: About Us 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! Global Business Services Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations. Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence and innovation. In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services. Process Overview: Executes the assigned areas of audit work, providing day to day coaching and guidance to teammates. Executes audit strategy for the sound application of risk based auditing by defining audit scope, audit program, and test procedures. Demonstrates strategic thinking and supports change. Job Description Delivers timely audit work within quality standards and conformance to audit policies and procedures. Assesses issues for impact to business processes, controls and strategies, recommends severity ratings and escalation of broad themes or trends. Drafts quality and timely audit issues and reports.. Exercises critical thinking and judgment to effectively influence management to improve the control environment. When leading an audit engagement, is responsible for day to day coaching, mentoring, and performance feedback. Fosters an inclusive work environment. Responsibilities: Experience with BSA/AML related risks and a solid business understanding of financial services industry, especially those associated with correspondent banking, corporate banking, treasury management and capital markets conducting AML, sanctions and fraud reviews. Perform BSA / AML Compliance and Fraud audits at the enterprise level as well as other diverse lines of business and specialty areas; Experience in local financial crime regulations. Perform audit reviews for suspicious activity filings and other compliance operational work including sanctions screening and client due diligence. Support the execution of the annual BSA independent audit as well as regulatory and partner exams by creating presentation materials and providing timely responses to inquiries. Design and perform compliance audit procedures, including identifying and defining issues, reviewing and analyzing evidence, and documenting processes; Leverage available data and analytical tools during the planning, fieldwork, and reporting phases of audit delivery; Communicate the results of audit projects to management (written reports/oral presentations); Establish and build working relationships with internal and external management; Perform AML risk assessments of business activities, potential risks exposures, and materiality of loss; and Demonstrates experience in managing integrated internal audit and assurance delivery. Effective influence skills in communicating findings. This individual must be an articulate and effective communicator, both verbally and in writing. Strong interpersonal skills for interfacing with all levels of internal and external audit and management. Requirements: Education: Bachelor's or Master's Degree Experience Range: 10 - 12 years, Minimum 3-5 years of audit experience in areas related to AML, sanctions and fraud risk management programs and regulations, banking regulations, local standards, and internal policies, or Minimum 3-5 years of experience conducting Bank Secrecy Act /Anti-Money Laundering audits, Risk Management audits, Foundational Skills: Compliance audits or a combination, or Minimum 3-5 years of AML investigations and SAR writing experience, or 2 years leading AML investigators at a regulated financial institution in the United States. Minimum of 3-5 experience in Audit, Compliance, Risk, Business Controls, or other related experience Excellent project management, interpersonal, oral and written communication skills; strong attention to detail and accuracy Exceptional analytical and critical thinking abilities; Able to develop and convey a point of view Professionalism, dependability, integrity and trustworthiness combined with a cooperative attitude. Able to thrive in a dynamic team environment Highly motivated self-starter with ability to multitask and complete assignments within time constraints and deadlines. Individual with desire to learn and teach others, high energy, positive attitude Proficiency in Microsoft Office products Desired Skills Master's Degree in Auditing, Master's Degree in Accounting, Master's Degree in Finance, or Master of Business Administration Certified Anti-Money Laundering Specialist (CAMS), Certified Internal Auditor (CIA), Certified Public Accountant (CPA), Certified Regulatory Compliance Manager (CRCM), or Certified Fraud Examiner (CFE) Work Location: Gift City Work timings: 11am to 8pm IST
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