Sr. Audit Automation Business Data Analyst

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!

We are looking for someone with a business analyst skillset to help us identify, design, and drive the implementation of new automated auditing opportunities across the US Corporate Audit teams with a specific focus on the Global Markets, Global Banking, and Market Risk areas. The role will involve working closely with the line of business auditors to identify new automation opportunities and with the Automation development teams to deliver the tools needed to enhance and support audit work.

Working with all levels of the Audit team from Senior Audit Director to Senior Auditor, you will be one of three business analysts covering the automation developments for all the audit activities in the Global Markets, Global Banking and Market Risk audit team globally as well as audit activities in the International Audit team. This specific role will have focus on the US Corporate Audit teams, your peers being based in EMEA and APAC respectively. You will work under the supervision of the Senior Quantitative Finance Manager for Market Risk and Automation. This team has been the lead innovator in identifying new automation tools in Bank of America Corporate Audit, implementing the first Python scripted tools, the first model-based audit testing and driving the delivery of self-service data interfaces. Team members will be able to network across the Bank with the various teams developing innovative data tools.

Responsibilities:

• Providing guidance and support to audit teams as they identify new automation opportunities.
• Autonomously identifying new use cases for automation tools and working on proof of concept to assess usefulness.
• Supporting, writing, and managing the definition of business requirements and functional requirements, as required, to convert automation ideas into usable automated functionality in audit testing or risk monitoring.
• Monitoring and assisting the Automation development teams to drive timely and quality delivery of automation capabilities.
• Working with the Automation development teams to assess skill and infrastructure needs based on the pipeline of new tools needed to support the audit team.

We are looking for someone who:

• Understands the basics of the software development lifecycle and the role of the business analyst within it.
• Understands internal audit’s role and objectives and how automation can be leveraged for risk monitoring or control testing.
• Has a strong interest in exploring new automation developments and assess them for their potential applicability to auditing.
• Can identify ways to exploit automation tools for audit testing and risk monitoring.,
• Can translate automation ideas into business and functional requirements that a software developer can use.
• Can quickly understand and exploit the metadata of commonly used data sources to be able to assist developers in fine tuning automation reports to meet the audit objective.
• A good communicator who can explain the advantages of, and train auditors on, new automation tools.

Required Skills:

• Has a minimum 5-8 years of experience across a combination of relevant experiences in at least two of audit, business development analysis, and global markets/market risk.
• Has practical experience developing programmatic approaches to enhance business routine productivity, efficiency, and effectiveness and/or experience in the development lifecycle for applications/systems to enhance business routine productivity, efficiency, and effectiveness.
• Has sustained experience effectively communicating with both technical and business audiences/stakeholders.

Desired Skills:

• An understanding of Global Market, Global Banking, and/or Market Risk
• Coding proficiency (e.g. Python, VBA, C++, SQL)
• Ability to use data analytics applications

Skills:

• Automation
• Business Acumen
• Audit Planning
• Internal Audit Review
• Critical Thinking
• Risk Analytics
• Technical Documentation
• Adaptability
• Collaboration
• Problem Solving
• Risk Management
• Test Engineering
• Data and Trend Analysis
• Process Performance Measurement
• Written Communications

Minimum Education Requirement: Bachelor’s degree in related field or equivalent work experience

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - NY - New York - 114 W 47TH ST (NY8114)

Pay and benefits information

Pay range

$154,000.00 - $206,500.00 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.