CA NeWs Beta*: Vacancy for CA in Bank of America

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Wednesday, January 4, 2012

Vacancy for CA in Bank of America

Upto Assistant Vice President, Auditor I or II, Corporate Audit : MUM01962


Mumbai, India 

Overview

Bank of America is one of the world's largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk-management products and services. The company provides unmatched convenience in the United States, serving more than 59 million consumer and small business relationships with more than 6,100 retail banking offices, nearly 18,700 ATMs and award-winning online banking with nearly 29 million active users. Following the acquisition of Merrill Lynch on January 1, 2009, Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to more than 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients in more than 150 countries. Bank of America Corporation stock is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.



Responsibilities
 
-To participate in Corporate Audit activities within Asia Pacific Global Banking and Markets (GBAM), including Equities and Fixed Income, Corporate Banking, Trade Finance and Cash Management activities. Key tasks include:
- Executing individual risk-based audits and reviews, including planning, process mapping, fieldwork and reporting, under the guidance from senior Corporate Audit associates.
- Identifying and evaluating impact of key control deficiencies during audits and reviews to drive actionable business impact and influence management on sufficiency of corrective actions.
- Maintenance of key client relationships.

Requirements
 
  • Work experience between three to five years. Experience in reputable international banks, other financial institutions or Big Four is preferred. 
     
  • Requires a minimum of bachelors degree and preferably a Chartered Accountant or Certified Public Accountant qualification.
  • Strong audit background in internal or statutory audits, or risk and control functions in the banking industry.
  • Open to new ideas, voracious learner. Possesses good quantitative problem solving skills and communication skills.
     

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