Job Description

: Your background

• Relevant working experience in operational risk management, business continuity management or related risk role.
• Experience in Technology Risk or Information Security (ideally within a Banking/Global Markets background)
• Excellent verbal, written and interpersonal communication skills
• In-depth knowledge of regulations covering APAC markets with a strong focus on MAS, SFC, HKMA, BNM, RBI, APRA
• Experience developing comprehensive report/presentations to senior management, stakeholders, and risk and management committees.
• Strong organization and detail-oriented skills, with proven ability to manage and prioritize work to meet deadlines despite frequent interruptions.
• Highly proactive, able to work both independently and within a collaborative team-oriented environment using sound judgment in decision-making.
• Excellent MS-Office skills (including PowerPoint (for presentations) and Excel (for manipulating large amounts of data)

High Desired

• Industry recognized certification such as CISA / CRISC / CISSP
• Knowledge of CoBIT (Control objectives for information and related technologies)
• Participated in risk forums and has liaised with senior stakeholders
• Experience of working with development and support teams spanning a large application portfolio
• Proactive self-starter that enjoys working within a dynamic and highly skilled risk team
• Experience in managing relationships and communications with business and control partners at various levels of the organization, as well as other Enterprise Control Functions (ECFs).

What you can expect
An opportunity in our Singapore office is available for an AVP/VP - Senior Business Control Specialist to join our Global Markets Operations Technology team. Global Markets Operations Technology (GMOT) Risk and Control is responsible for building a risk culture and ensure capabilities are in place to drive execution of the operational risk management framework, including implementing GBAMT (Global Banking and Markets Technology) specific processes/tools in order to adhere to enterprise-wide policies and standards with GMOT Technology and Operations delivery. This includes monitor and testing of key controls across high-risk functions, issue management and supporting audit & regulatory exams. The candidate will have the opportunity to work with colleagues in GIS, Global Business Continuity and Recovery, Compliance and Enterprise Change to ensure the business is protected effectively. What you will do

• Support the implementation of Bank of America’s Risk Framework and enable effective operational risk management – identify, escalate and debate risks across responsible business units.
• Provide leadership and guidance to impacted stakeholders around control framework requirements aligned to technology/information security/third party/business resiliency and disaster recovery control implementation.
• Evaluate the adequacy and effectiveness of applicable policies, procedures, processes, systems and internal controls.
• Provide monitoring and independent oversight of the execution of technology, info security, and information management risk as they relate to policy and standards.
• Understanding of Key Regulatory guidelines.
• Manage relationships and communications with business and control partners at various levels of the organization, as well as other Enterprise Control Functions (ECFs).
• Contribute to the preparation of materials for Governance/ meetings (Audit, Compliance, BCMR, Operation Risk meetings and departmental and regional Key Risk Reviews).
• Partner with Global Markets Operations and other business divisions on Risk and Control matters.
• Help to drive Enterprise Operational Risk initiatives within GMOT Tech teams.
• Enable process owners to identify Key Risk & Control indicators and set up target, limits and triggers for ongoing monitoring.
• Conduct risk assessments to identify the incremental risks if any for the existing business and technology processes.
• Identify issues and/or control improvements for remediation, whilst assisting in building out actions plans and milestones.
• Validate/evaluate appropriateness, completeness, effectiveness and sustainability of corrective actions taken to address identified issues.
• Facilitate regulatory and audit exams in APAC, track and coordinate as required and escalate findings.
• Participate in the Risk and Control Self-Assessment (RCSA) process for GMOT, GBAMT and Business functions as required.
• Develop operational understanding and capability for use of Risk and Control tools.
• Prepare relevant risk and control procedure documentation for reference and use by the Risk and Control team and application contacts, where necessary.

About Bank of America
Our purpose as a firm is to make financial lives better, through the power of every connection. Across the world, we partner with leading corporate and institutional investors through our offices in more than 35 countries. In the U.S. alone, we serve almost all of the Fortune 500 companies and approximately 67 million consumer and small-business clients. We provide a full suite of financial products and services, from banking and investments to asset and risk management. We cover a broad range of asset classes, making us a global leader in corporate and investment banking, sales and trading. Connecting Asia Pacific to the world
Our Asia Pacific team is spread across 19 cities in 12 markets. We are focused on connecting Asia to the world and the world to Asia, using our global expertise to ensure success is shared between us, our clients and our communities. Our regional footprint covers 12 currencies, more than a dozen languages and five time zones, placing us firmly among the region’s leading financial services companies. Job Band: H5 Shift: Hours Per Week: 40 Weekly Schedule: Referral Bonus Amount: 0