About this role
This role oversees assigned areas of audit work acting as an Auditor-in-Charge (AIC) and executes the audit strategy for Lines of Business (LOBs) primarily in Global Markets FICC. LOBs include Rates, FX, Credit, Mortgages, Munis, and Commodities. BAC trades cash securities, futures, and derivatives in a market making capacity.
Leverage detailed working knowledge of market making or debt origination linked to GM products from trading, risk management, or Global Markets product controller roles. Drive risk-based auditing by defining scope and test procedures to evaluate the control environment. Assess issues for business impact, recommend severity ratings, draft audit reports, and manage business partner relationships.
Bank of America fosters an inclusive work environment and offers flexibility through a multi-faceted approach depending on roles. The London office features modern workspaces, a state-of-the-art auditorium, and an onsite sustainable restaurant. Enjoy rooftop terrace views, onsite gym facilities, and a medical centre.
Working at Bank of America provides opportunities to learn, grow, and make an impact. Join a diverse and inclusive workplace devoted to teammates' well-being. Help deliver Responsible Growth for clients, communities, and shareholders.
Requirements
- Detailed working knowledge of market making or debt origination and lending linked to GM products
- Transferrable skills from Sales and Trading desks, risk management function, Global Markets product controller, or GM Finance role
- Familiarity with FICC market regulations, exchanges/execution venues, clearing and settlement processes
- Experience in a first- or second-line function associated with Sales and Trading desks
- Ability to define scope and test procedures for risk-based auditing
- Knowledge of trading cash securities, futures, and derivatives in market making capacity
Responsibilities
- Executes audit strategy for the sound application of risk-based auditing by defining audit scope and audit programs
- Drafts audit reports leveraging automation and innovative methods in a timely and high-quality manner
- Acts as Auditor-in-Charge (AIC) by overseeing audit testing and ensuring conformance with quality standards, audit policies, and procedures
- Assesses impacts to business processes, controls, and strategies to provide recommendations on severity ratings
- Evaluates the control environment in Global Markets FICC lines of business including Rates, FX, Credit, Mortgages, Munis, and Commodities
- Manages business partner relationships
- Fosters an inclusive work environment
- Mentors team members
Benefits
- Competitive benefits supporting physical, emotional, and financial well-being
- Multi-faceted approach for flexibility depending on roles
- Modern workspaces and state-of-the-art auditorium
- Onsite restaurant with delicious seasonal sustainable menus
- Rooftop terrace with spectacular views across London
- Onsite gym facilities and medical centre
Similar roles
Senior Internal Audit Manager - Markets and Investment Banking
1w1 week agoCantor Fitzgerald
London, GB · Full-time · £95,000 – £130,000
Director, Special Loans Advisory Service (SLAS) - Risk
1w1 week agoRBC
London, GB · Full-time · £120,000 – £180,000
Senior Audit Manager - AI Non-model Objects
1w1 week agoCiti
London, GB · Full-time · £120,000 – £160,000
Vice President, Senior Audit Manager - IT Audit
2w2 weeks agoMUFG
London, GB · Full-time · £100,000 – £130,000