Senior Auditor, Global Market Ops, NFRR, Tax & Credit Reporting Ops

Company: Disability Solutions
Location: Charlotte
Posted on: November 14, 2024

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 Global Markets Operations (GMO) and NFRR, Tax and Credit Reporting Operations (NTCO) 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.Responsibilities:

• Plan, conduct, and contribute to regional and global audit reviews of Global Markets Operations activities (including Non-Financial Regulatory Reporting, Tax and Credit Operations), covering areas such as trade support, collateral management, asset services, non-financial regulatory reporting and settlement.
• Identify key risks, document process understandings, and evaluate the adequacy of internal controls over Global Markets Operations activities (including Non-Financial Regulatory Reporting, Tax and Credit Operations).
• Assess compliance with enterprise standards as well as key regulatory requirements applicable to Global Markets Operations.
• Conduct root-cause analysis, document audit issues identified, and validate that remedial action and key risks have been mitigated.
• Perform continuous monitoring and risk assessments of Global Markets Operations activities (including Non-Financial Regulatory Reporting, Tax and Credit Operations)Required Qualifications:
  • 3+ years of internal audit experience within a global financial institution preferably.
  • Bachelor's degree in Finance, Accounting, Economics, Business, or a related field.
  • Strong understanding of operational processes (trade control, collateral management, asset services, non-financial regulatory reporting, settlement) supporting Global Markets activities (equities, fixed income, FX, commodities, etc.)
  • Strong knowledge of internal controls and risk management principles.
  • Excellent analytical and problem-solving skills with a data-driven approach.
  • Team player with a solution-oriented attitude and strong risk mindset
  • Strong interpersonal and communication skills, capable of presenting complex findings to senior management.
  • Experience using audit project management tools and familiarity with data analytics (e.g., Alteryx, Excel, SQL).
  • Ability to be proactive, work independently and manage the timely delivery of multiple tasks simultaneously in a fast-paced environment.
  • Foundational knowledge of key financial regulatory requirements applicable to Global Markets Operations(e.g. MiFID II, Dodd-Frank, EMIR, Client Money/Assets and local market rules)Desired Qualifications:
    • Professional certifications/audit qualifications (e.g. CIA, CFA, CISA, ACA)
    • Audit or risk control risk/controls background in financial services
    • Prior Analytical / Automation Skills (SQL, SAS, Python. Alteryx, Advanced Excel)
    • Strong Risk mindset (look beyond the form to focus on the substance)
    • Financial services industry acumen.
    • Ability to process information and change audit focus quickly in line with risk assessments.
    • Ability to learn complex subject matter, understand regulatory requirements, and build testing programs to ensure compliance and mitigate risks.
    • Foundational knowledge of key Financial regulatory requirements applicable to APAC, EMEA & US
    • Experience in performing end-to-end substantive testing. Understanding of statistical sampling testing approach is a plus.Skills:
      • Audit testing execution
      • Internal Audit Review
      • Issue Management
      • Risk Management
      • Audit Planning
      • Analytical Thinking
      • Project Management
      • Automation
      • Technical Documentation
      • Attention to Detail
      • Business Acumen
      • Relationship Building
      • Coaching
      • Critical ThinkingShift:1st shift (United States of America)Hours Per Week: 40

Keywords: Disability Solutions, Charlotte , Senior Auditor, Global Market Ops, NFRR, Tax & Credit Reporting Ops, Accounting, Auditing , Charlotte, North Carolina