Audit Manager

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

This job is responsible for overseeing assigned areas of audit work acting as an Auditor-in-Charge (AIC), and executing on the audit strategy for Lines of Business (LOBs) as well as overseeing and review of SOX controls testing work.

• Act as a subject matter expert on the accounting treatment of banking and trading book products under both US GAAP and IFRS.
• Responsible for planning, executing, and reporting on audits within the CFO organization, with a particular focus on the accuracy of accounting treatment for trading and banking book products under US GAAP, IFRS, and other relevant European GAAP frameworks.
• Oversee audit testing to ensure timely execution adhering to audit policies, procedures, and quality standards.
• Evaluate the impact of audit findings on business processes, controls, and strategic initiatives, providing well-supported recommendations and escalating emerging themes or trends.
• Draft high quality audit reports
• Apply sound judgment and intellectual curiosity to challenge and influence management, driving enhancements in the control environment and promoting continuous improvement.
• Manage Sarbanes-Oxley (SOX) control testing activities, ensuring timely execution and high-quality documentation.
• Review SOX testing work papers to confirm accuracy, completeness, and adherence to regulatory standards.
• Supervise and mentor a team of associates, fostering an inclusive and collaborative work culture while providing day-to-day guidance and support.
• Build and maintain strong relationships with business partners, particularly line management, to deepen understanding of business operations and risks.
• Leverage deep product, business, and technical expertise to effectively challenge management and contribute to strengthening the overall control framework.

• Fully qualified professional accountant (CPA, ACA, ACCA, or equivalent).
• Proven experience with a leading accounting firm or financial institution, specifically in translating financial statements of a financial institution from one GAAP framework to another (e.g., US GAAP to IFRS).
• Hands‑on experience in the finance function of a financial institution (or with a leading accounting firm), overseeing compliance and reporting under multiple GAAP frameworks (including US GAAP, IFRS, and relevant European GAAPs).
• Excellent understanding of financial instruments and their treatment under different accounting frameworks.
• Experience with SOX compliance and SOX controls testing preferable but not essential.

• Opportunity & Inclusion Champion:
  Models an inclusive environment for employees and clients, aligned to company Great Place to Work goals.
• Manager of Process & Data:
  Demonstrates deep process knowledge, operational excellence and innovation through a focus on simplicity, data based decision making and continuous improvement.
• Enterprise Advocate & Communicator:
  Communicates enterprise decisions, purpose, and results, and connects to team strategy, priorities and contributions.
• Risk Manager:
  Ensures proper risk discipline, controls and culture are in place to identify, elevate and debate issues.
• People Manager & Coach:
  Provides…