Senior Audit Manager - Data Governance

Senior Audit Manager - Data Governance Charlotte, North Carolina;Stamford, Connecticut; Atlanta, Georgia; East Hartford, Connecticut; Providence, Rhode Island; Wilmington, Delaware 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: As a member of the Data Governance (DG) Audit team, the candidate will be accountable for managing and executing audit programs designed to measure and report on enterprise data management and records management policies and governance. Implements and communicates Corporate Audits mission, goals, and strategies. Responsible for developing a data audit plan including proper assessment and coverage of risks, including emerging risks. Demonstrates critical thinking, strategic mindset and leads and supports change. Executes assigned components of the audit plan in a timely manner, within quality standards and in conformance to audit policies and procedures. Assesses issues for impact to business processes, controls, and strategies, assigns severity ratings and escalates broad themes or trends. Produces quality and timely audit reports that summarize results of an audit to management. Manages business partner relationships for areas of responsibility, primary engagement with line management. Exercises critical thinking and judgment to effectively influence management to improve the control environment. Participates in communication with regulatory agencies. Manages performance of the team, including expense management. Provides effective and frequent coaching and development to assigned audit team. Responsible for development, retention, and personnel management issues. Fosters an inclusive work environment. Responsibilities: As part of management team, candidate will manage day to day activities of resources, multiple bodies of work, review documentation of work completed, manage relationship with stakeholders, escalate concerns timely with leadership, and design data strategy for the areas of support. Subject matter expertise in data and records management, related enterprise governance program, and the associated risks and controls Solid business understanding of application of data management risks within a large financial institution. Plan, perform, and lead audit reviews related to enterprise data and records management governance programs Support aggregation of data management ratings across the division and audit reviews of data management governance reviews of vertical business lines Responsible for leading responses for regulatory requests, including creating presentation materials, as part of ongoing regulatory exams. As required, engage with regulators to walk through validation work. Manage staff during audit engagements and provide feedback on work performed. Design and perform data governance audit, including identifying and defining issues, reviewing and analyzing evidence, and documenting processes. Challenge LOB to ensure that the remediation is comprehensive and sustainable Leverage risk mindset and influence LOB leaders to drive proper remediation of regulatory gaps Develop test plans designed to address the risk and root cause of the issue Reviewing the work performed by their team including coaching associates Work with leadership to effectively prioritize issues that may be past due or high risk Effectively manage time to complete assigned issues within a reasonable timeframe Proactively communicate status, escalate challenges and findings Establish and maintain business partner relationships Actively support peers and broader team during issue validation and other work Skills: Audit Planning Coaching Internal Audit Review Issue Management Risk Management Business Acumen Critical Thinking Project Management Relationship Building Written Communications Regulatory Relations Talent Development Technical Documentation Workforce Diversity Management Required Qualifications College degree required or equivalent work experience Minimum 8 years of audit experience in Audit or Risk/Control Management areas in financial services industry Minimum 5 years of experience with data management or data governance topics Desired Qualifications Knowledge of Bank of America business processes and application systems Analytical / Automation Skills (i.e., SQL, Alteryx, Excel) Advanced degree or certifications (i.e., CIA, CISA) Technology risk and/or Information Technology experience Project management experience Shift: 1st shift (United States of America) Hours Per Week: 40 Pay Transparency details US - CT - East Hartford - 101 E River Dr - One Riverview Square (CT2550), US - CT - Stamford - 600 Washington Blvd (CT2561), US - RI - Providence - 1 Financial Plaza (RI1537) Pay and benefits information Pay range $141,100.00 - $199,000.00 annualized salary, offers to be determined based on experience, education and skill set. Discretionary incentive eligible This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company. Benefits This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve. Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates. To view the "EEO is the Law" poster, CLICK HERE ( . To view the "EEO is the Law" Supplement, CLICK HERE ( . View the LA County Fair Chance Ordinance ( . Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy ("Policy") establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment. To view Bank of America's Drug-free Workplace and Alcohol Policy, CLICK HERE . This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.

Created: 2024-10-19