Bank of America
Corporate Audit Summer Analyst
Make financial lives better for our clients and our communities through the power of every connection
Finance and Accounting
Full-time
Office | Sydney, NSW, Australia
Visa sponsorship · No
Junior · A role for someone with some basic skills, good motivation and ability to learn. Typically 1-2 years of experience is required.
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Why Bank of America
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!
About the role
What we’re looking for:
- Penultimate year Undergraduate student with outstanding academic achievement
- Major in Accounting, Finance or Business
- Effective verbal and written communication
- Strong team player and client focused
- Demonstrate energy and drive
- Fluency in English is essential
- Desire to learn about the multiple businesses within Bank of America
Why Us? Corporate Audit is responsible for providing an independent assessment of whether controlling processes within Bank of America are adequately designed and functioning effectively to mitigate potential risks. Corporate Audit maintains independence and objectivity by reporting to the Audit Committee of the Board of Directors. Corporate Audit teammates cover all areas of the corporation, performing validation of the company’s risk management activities through testing of key processes and controls across the company. Management and the Audit Committee are provided with regular reporting of Bank of America’s risk management systems and internal controls. Additionally, Corporate Audit provides risk-based advice and counsel to management to help develop and maintain an appropriate customer-focused risk management culture that supports the Corporation's business objectives. What you’ll do:
- Maintaining robust processes for reviewing risk and controls throughout the Corporation.
- Assisting with the audit planning process including considerations around strategic, market, credit, liquidity, compliance and operational risk.
- Assisting with the audit plan for the company, developed upon the risk profile of the Company and reviewed on a quarterly basis.
- Understanding business processes, performing risk assessments and testing to evaluate the related controls.
- Working closely with, and influence each business regarding their control infrastructure
Program Overview The Summer program is a 10-week program designed to provide Summer Analysts with a unique opportunity to gain an exposure to life at Bank of America and also make significant contributions to the team. The Summer Program begins with an orientation and induction to the firm. Summer Analysts are given a true associate experience, as assignments mirror full-time responsibility and include goal-setting and a formal review process.
- Access to the bank’s learning hub containing a variety of learning resources, ranging from banking fundamentals to communication skills
- Structured and on-the-job training
- Networking and social opportunities
- Speaker series with senior management across all lines of business
- Corporate Social Responsibility project/learning
- Involvement in Diversity and Inclusion training/events
- Consideration for full-time employment upon graduation
What you'll be responsible for
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Insights Presentation
Organize and present data to effectively communicate findings
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Operational and Financial Reporting
Analyze financial data to prepare timely reports to support business decisions
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Data Analysis and Reporting
Analyze data to discover and communicate insights, and offer concrete recommendations for key stakeholders to make critical decisions
Skills you'll need
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Collaboration
Works with others by being open, clear in communication and listening to achieve goals
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Numerical problem solving
Works with numerical information and performs mathematical calculations to solve problems
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Critical thinking
Identifies and synthesizes patterns and trends amongst various sources of information to reach a meaningful conclusion, perspective or insight