Franklin S.

Franklin S. Email and Phone Number

Senior Vice President, Audit Director - Business Enablement @ Bank of America
Boston, MA, US
Franklin S.'s Location
Greater Boston, United States
About Franklin S.

With over 15 years of experience in the international insurance and financial services industries, I am an accomplished Audit Executive at a Fortune 100 Company, leading a diverse and talented team of 25+ operational and IT professionals across seven countries in Asia-Pacific. I hold the Certified Internal Auditor (CIA) and the Certification in Risk Management Assurance (CRMA) credentials, and I have completed a course on Security Governance & Compliance from Coursera.I am passionate about enhancing the effectiveness and efficiency of internal audit processes, leveraging best practices and innovative technologies. I am skilled at communicating and influencing across borders and cultures, building strong relationships with key stakeholders, and providing insightful and actionable recommendations. Demonstrated Achievements:• Spearheaded the creation of data-driven reporting packages for Audit Committees and executive management, leading to more informed decision making and a 50% improvement in audit efficiency within the first year. • Established three audit functions in legal entities without any audit presence and transformed four existing audit teams to a trusted advisor role by fostering collaboration and strategic thinking. • Collaborating with the M&A team and executive management, led the transformation journey for internal audit functions during 2 mergers, 1 acquisition, and 1 divestiture.• Led an initiative to merge 16 internal audit functions across the globe into one team, creating a unified and consistent audit approach and methodology.

Franklin S.'s Current Company Details
Bank of America

Bank Of America

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Senior Vice President, Audit Director - Business Enablement
Boston, MA, US
Franklin S. Work Experience Details
  • Bank Of America
    Senior Vice President, Audit Director - Business Enablement
    Bank Of America
    Boston, Ma, Us
  • Liberty Mutual Insurance
    Global Internal Audit Director, Asia-Pacific
    Liberty Mutual Insurance Nov 2018 - May 2024
    Boston, Massachusetts, United States
    Inspired, developed, and led a team of 27 internationally based audit professionals (combination of business and IT auditors) across seven countries to provide value-added services to support the Company’s strategic objectives. • Built three audit functions in legal entities without any audit presence and transformed four existing audit teams to a trusted advisor role.• Managed relationships and expectations of 30 C-suite Executives and 7 Audit Committees, influencing a sound internal control environment.• Developed and presented an agile risk-based audit plan of 200 audits over 3 years, covering strategic, emerging, operational, financial, cybersecurity, and regulatory risks. • Investigated fraudulent activity with a focus on cost control, quality, and adherence to regulations. • Achieved an average audit client NPS of 68.5 over 3 years, measuring how likely audit clients recommend audit services to other parts of the business.• Maintained an audit client survey score of 3.7 out of 4, which measures the audit teams’ efficiency and effectiveness. • Implemented major process improvements (i.e., digital transformation, thematic issues, culture risks).• Developed and delivered data-driven reporting packages to Audit Committees and executive management, leading to enhanced decision-making and a 50% improvement in audit efficiency within the first year of implementation.• Managed execution and completion of the audit plan, including business and IT audits, advisory engagements, regulatory compliance reviews, and investigations of employee impropriety.• Cultivated a culture of transparent and continuous feedback through strategic and leadership meetings, enabling innovative thinking and increasing audit efficiency.• Executed a talent strategy across 7 legal entities with Human Resource teams, ensuring compliance with country regulations and addressing future initiatives.
  • Liberty Mutual Insurance
    Internal Audit Manager Ii
    Liberty Mutual Insurance Apr 2017 - Oct 2018
    Boston, Massachusetts, United States
    Defined and implemented process standardization across global operations. Reviewed and calibrated audit findings across 10 countries for entity-level and global level risks.• Successfully led an initiative to merge 16 internal audit departments across the globe to create one Global Department. • Strategically conducted quarterly risk assessments and developed annual audit plans with input from management to align audit and advisory services with management priorities and key business, strategic and emerging risks.• Successfully managed 15 international operational audits a year of various business processes of the company, such as acquisitions, reinsurance, underwriting, pricing, claims, finance, talent, risk and governance.
  • Liberty Mutual Insurance
    Internal Audit Manager I
    Liberty Mutual Insurance Apr 2015 - Apr 2017
    Boston, Massachusetts, United States
    Successfully managed 15 international operational audits a year of various business processes. • Aggregated and presented audit results to C-Level Executives while emphasizing regulatory and operational risks.• Served as a liaison for compliance, risk, and operational departments to foreign operations relating to anti-corruption, internal reinsurance, Solvency II requirements and global finance procedures.
  • Liberty Mutual Insurance
    Internal Audit Specialist
    Liberty Mutual Insurance Jul 2013 - Apr 2015
    Boston, Massachusetts, United States
    Supervised and coached 25 auditors across 10 countries to plan and execute operational audits in multiple countries. • Utilized digital tools to analyze business data to assess integrity and identify trends to draw factual conclusions.
  • Liberty Mutual Insurance
    Senior Auditor Ii
    Liberty Mutual Insurance Jul 2011 - Jul 2013
    Boston, Massachusetts, United States
    Developed audit programs in compliance with local regulatory and operational procedures for each foreign subsidiary.
  • Pricewaterhousecoopers
    Senior Associate
    Pricewaterhousecoopers Sep 2007 - Jun 2011
    Boston, Massachusetts, United States
    Supervised and led a team of five staff to perform quality audits for large complex Real Estate, Private Equity and Hedge Fund clients with over $1 billion in assets.

Franklin S. Education Details

Frequently Asked Questions about Franklin S.

What company does Franklin S. work for?

Franklin S. works for Bank Of America

What is Franklin S.'s role at the current company?

Franklin S.'s current role is Senior Vice President, Audit Director - Business Enablement.

What schools did Franklin S. attend?

Franklin S. attended Rutgers, The State University Of New Jersey - Rutgers Business School.

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