Audit Manager - Investigations (BSA/AML including Sanctions) Job at Bank of America Corporation, Charlotte, NC

  • Bank of America Corporation
  • Charlotte, NC

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!

Oversees and executes the assigned areas of audit work, providing day to day coaching and guidance to teammates. Executes audit strategy for the sound application of risk based auditing by defining audit scope, audit program, and test procedures. Typically acts as Auditor-in-Charge (AIC). Demonstrates strategic thinking and supports change. Oversees audit testing to ensure timely execution within quality standards and conformance to audit policies and procedures. Assesses issues for impact to business processes, controls and strategies, recommends severity ratings and escalation of broad themes or trends. Drafts quality and timely audit reports and shares results with business leaders. Manages business partner relationships when conducting specific audits; primary engagement is with line management. Exercises critical thinking and judgment to effectively influence management to improve the control environment. When leading an audit engagement, is responsible for day to day coaching, mentoring, and performance feedback. Fosters an inclusive work environment.


  • Subject matter expertise of BSA/AML and Fraud related risks and a solid business understanding of application of these risks within a large financial institution.  Knowledge of key business segments including retail, banking, capital markets, etc.

  • Plan, perform, and lead audits of BSA/AML and Fraud related Investigation processes including evaluating effectiveness of Suspicious Activity Reporting Filings with relevant governmental agencies. 

  • Subject matter expertise in US financial crime regulations including the Bank Secrecy Act/Anti-Money Laundering, Sanctions (e.g., OFAC)

  • Support the execution of the annual BSA independent audit as well as regulatory and partner exams by creating presentation materials and providing timely responses to inquiries.

  • Manage staff during audit engagements and provide feedback on work performed.

  • Design and perform compliance audit procedures, including identifying and defining issues, reviewing and analyzing evidence, and documenting processes.

  • Leverage available data and analytical tools during the planning, fieldwork, and reporting phases of audit delivery.

  • Communicate the results of audit projects to management (written reports/oral presentations).

  • Establish and build working relationships with internal and external management.

  • Perform AML risk assessments of business activities, potential risks exposures, and materiality of loss; and

  • Demonstrates experience in managing integrated internal audit and assurance delivery.

  • Effective influence skills in communicating findings. This individual must be an articulate and effective communicator, both verbally and in writing.

  • Strong interpersonal skills for interfacing with all levels of internal and external audit and management.

Required Skills and Experience:

  • Minimum 5 years of audit experience in areas related to AML, sanctions and fraud risk management programs and regulations, banking regulations, local standards, and internal policies.

  • Minimum 5 years of experience conducting Bank Secrecy Act /Anti-Money Laundering audits, Risk Management audits, Compliance audits or a combination, including AML investigations and SAR writing experience.

  • Minimum 5 years conducting AML investigations at a regulated financial institution in the United States and/or Minimum 3 years conducting Fraud investigations.

  • Minimum 2 years of experience leading audits and performing in the role of auditor-in-charge

Desired Skills and Experience :

  • Master's Degree in Auditing, Master's Degree in Accounting, Master's Degree in Finance, or Master of Business Administration

  • Certified Anti-Money Laundering Specialist (CAMS), Certified Internal Auditor (CIA), Certified Public Accountant (CPA), Certified Regulatory Compliance Manager (CRCM), or Certified Fraud Examiner (CFE)


1st shift (United States of America)

Hours Per Week: 


Job Tags

Full time, Local area, Shift work,

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