Job Description:

Job Title: Audit Manager - Global Transaction Services

Corporate Title: Vice President

Location: London, Dublin or Chester

Company Overview:

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!

Location Overview:

London: Our London office is based just a stone’s throw from the magnificent St. Paul’s Cathedral on bustling King Edward Street. Here you’ll find modern workspaces and a state-of-the-art auditorium space. In addition, we’re proud to host an onsite restaurant that shares our commitment to sustainability by providing delicious seasonal menus which have been created with the planet in mind. Make sure to take time for yourself and head up to our rooftop terrace and take in the spectacular views across London. Finally, your physical wellness is well-catered for with our onsite gym facilities and medical centre.

Dublin: Overlooking the spectacular Iveagh Gardens with access to all amenities in the beating heart of central Dublin is our Park Place office. Travel options include the LUAS, Dublin Bus networks as well as the Dublin Bikes station, positioned just outside our front doors. As part of our commitment to supporting staff travel to and from work in the most sustainable way possible, we also provide tax saver tickets as part of our award-winning benefits package which means getting to work has never been easier.

Chester: Find us in the city of Chester, a destination renowned for its culture, history, and beauty. Working at Bank of America Chester offers a far-reaching global career for a world-renowned organisation, whilst being ideally situated against the backdrop of the rolling North Wales hills and the banks of the serene River Dee.

The Team:

The role sits within the global audit team responsible for the audit coverage of Global Corporate & Investment Banking (GCIB) and GTS. Additionally, the team is responsible for EMEA Credit Risk audit coverage.

This is a high-visibility role and requires engagement with both global and regional stakeholders across various businesses and functions within the Line of Business and act as a global SME for certain designated business / product group within Global Banking.

The role:

The role is at an Audit Manager level and involves playing a lead role in the audits of Global Transaction Services (GTS) front office activities including review of business strategy, governance and risk management, new product approval process, ongoing product management, client selection, sales processes, and applicable laws & regulations.

GTS products includes Global Payments & Receivables, Trade & Supply Chain Finance, Commercial Cards, Corporate Deposit, Liquidity & Cash Management, Clearing, Bank Notes.

We expect the individual to:

• Work as an individual contributor or as an Auditor In-charge on global GTS audits and conduct testing independently but maintain ongoing interaction with the other audit team. There will be opportunities to work on other broader banking areas (e.g., Capital Markets, M&A, Corporate Banking), Credit Risk and other integrated audits.
• Demonstrate professionalism and competence. Stay informed of current economic developments, applicable regulations, risk, processes, and controls relevant to GTS and / or other risk areas impacting the business.
• 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.
• Develop and mentor junior team members by providing day to day coaching and guidance.

What we look for:

• Solid Internal Audit/front office/risk management experience of the Global Transaction Services businesses.
• Knowledge of GTS products / process and associated risks including operation risk.
• Able to perform effectively under pressure and comfortable at engaging with senior management at all levels of an organization across regions on complex issues.
• Strong project management skills.
• Solid risk assessment, financial analytical skills, problem-solving skills, and ability to apply critical thinking.
• Exceptional attention to details and ability to ask insightful questions to fully understand the business, process, and risk.
• Excellent presentation and communication skills (verbal and written) in English.

Skills that would help:

• Tertiary education or the equivalent work experience
• Professional Certification - CA / ACCA / CFA / FRM / CIA will be a plus.

Benefits of working at Bank of America –
UK

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner.
• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons.
• 20 days of back-up childcare including virtual tutoring and 20 days of back-up adult care per annum
• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.
• Use of a flex fund to use towards benefits.
• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services
• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution.
• Opportunity to access our Arts & Culture corporate membership Programme and receive discounted entry to some of the UK and Ireland’s most iconic cultural institutions.
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area.

Ireland

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner.
• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons.
• 20 days of back-up childcare including virtual tutoring and 20 days of adult-care per annum
• Ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, specified illness cover etc.
• Use of a flex fund to use towards benefits.
• Access to free counselling through an Employee Assistance Programme and virtual GP services
• Opportunity to donate to charities of your choice directly through payroll and the bank will match your contribution.
• Opportunity to join our Arts & Culture corporate membership Programme and receive discounted entry to some of the UK and Ireland’s most iconic cultural institutions.
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area.

Bank of America:

Good conduct and sound judgment is crucial to our long-term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependents or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications, and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.