Audit Supervisor Climate and Environmental Risk

1 Day ago

Dallas, Texas, United States

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Job Description

Bank of America is seeking an Audit Supervisor for Climate and Environmental Risk in Dallas, TX. The role involves conducting complex audits, designing tests, assessing business impacts, and fostering relationships with management. Key responsibilities include executing audit strategies, mentoring team members, ensuring adherence to audit standards, and leveraging innovative methods for efficient execution. Strong analytical and project management skills are essential for success in this position.
About the position

At Bank of America, we are committed to helping make financial lives better through the power of every connection. As an Audit Supervisor focusing on Climate and Environmental Risk, you will play a crucial role in our Responsible Growth strategy. This position is responsible for independently performing test work during highly complex audit activities over front-line and control function teams involved in climate and environmental risks. You will be tasked with designing and executing audit tests, assessing issues for business impact, and recommending severity ratings. Establishing strong business partner relationships is key, as is evaluating the control environment and fostering an inclusive work environment. You will apply your product, business, and technical expertise to support team members' development and ensure that audit testing adheres to BAC Audit methodology and IIA standards. In this role, you will execute audit strategies that cover key areas and activities related to climate and environmental risks across the enterprise. You will leverage innovative methods and automation to ensure timely and high-quality audit execution. Your responsibilities will include assessing impacts to business processes and controls, providing recommendations on severity ratings, and sharing audit results with business leaders. You will also support the development of peers and teams through on-the-job training, ensuring that the audit process is robust and effective. Staying abreast of regulatory developments and emerging risks is essential, as you will contribute to the calibration of the audit plan. This position requires a strong ability to lead, coach, and mentor junior team members while building rapport with line management to provide impactful insights without compromising independence. Your analytical thinking, attention to detail, and project management skills will be critical in delivering high-quality work under tight deadlines.

Responsibilities
• Responsible for audit coverage/testing of key areas and activities covering climate and environmental risks applicable across the enterprise.
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• 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.
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• Exercises sound knowledge of product, business, and technical expertise to effectively challenge management to improve the control environment.
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• Assesses impacts to business processes, controls, and strategies to provide recommendations on severity ratings.
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• Provides input on draft audit reports and shares audit results with business leaders.
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• Supports the development of peers and teams through on-the-job-training and fosters an inclusive work environment.
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• Establishes business partner relationships, primarily with line management, to develop business knowledge.
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• Uses innovative tools to complete audit activities more efficiently (e.g., testing).
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• Leads/executes process understandings, identification of key risks and controls, designs test plans, executes and documents testing performed.
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• Ensures Audit testing is robust and adheres to BAC Audit methodology and IIA standards.
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• Manage, monitor, and perform Audit Issue validation while balancing Audit assignments.
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• Stays abreast of regulatory developments, emerging risks, and report/instruction changes; contributes to calibration of the plan.

Requirements
• 5+ years experience in audit and the financial services industry.
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• Specific subject matter expertise in audit and the financial services industry.
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• Strong critical thinking, communication, and project management skills with attention to detail.
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• Ability to learn complex subject matter, understand regulatory requirements, and build testing programs to ensure compliance and mitigate risks.
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• Proven track record of executing multiple projects concurrently and delivering high quality work to meet tight deadlines.
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• Ability to lead, coach, and mentor junior team members and influence their careers.
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• Ability to build a strong rapport with line of business management and provide impact without impairing independence.
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• Strong interpersonal skills and effective communicator, both orally and in writing.

Nice-to-haves
• BA/BS or equivalent work experience
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• CPA, CIA, CISA or similar
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• Financial Statement Auditing and Consulting experience
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• Experience in evaluating workflows/ systems/ data mining
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• Experience with SEC Financial Reporting (10Q/K)

Benefits
• Competitive benefits to support physical, emotional, and financial well-being.
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• Opportunities for learning and career growth.
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• Flexible work environment.

Bank of America


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Bank of America

Bank of America

About this company

Stage:Other

Bank of America is one of the world's largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and...read more

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