Job Description

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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\xe2\x80\x99re 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!

Your background

This role requires a strong operational risk and compliance background, and understanding of AML requirements.

Required skills:

• 5+ years of relevant risk management experience
• Proven ability to lead and influence with key control partners including Risk, Compliance, and Audit.
• Strong analytical, conceptual and problem solving skills \xe2\x80\x93 ability to drive root cause analysis, focus on details, identify issues, prioritize quickly and recommend solutions.
• Ability to balance multiple competing priorities in a fast-paced and complex environment.
• Advanced proficiency in various MS tools including Excel, Access, PowerPoint, and SharePoint (developer skills are desired).
• Strong written & oral communication and presentation skills; able to target messaging to different audiences; provide consolidated data in a clear and concise manner appropriate for all levels of management.
• Ability to quickly develop subject matter expertise across a broad spectrum of product and services.

Desired skills:

• Commercial Credit (Trade Finance, Loan or Equipment Finance) experience including business process and applications.
• Working knowledge of laws, rules, and regulations and Bank of America Risk Framework.
• Experience working with external regulators and examiners.
• BS or BA, Masters degree a plus

What you can expect

The APAC Global Banking & Markets Anti-Money Laundering Operations (APAC GB & GM AML Ops) organization is a central control function which governs, facilitates, and oversees the APAC end-to-end AML program across all GB and GM businesses and jurisdictions through implementation of processes and controls to effectively manage AML and economic sanctions risks. This candidate will engage in management and oversight of Audit & Exam engagement & issues specific to the APAC region. Additionally, the candidate will have responsibility in Regulatory data reporting. The candidate should have a strong risk management discipline and experience running operational risk processes.

What you will do

Assist in the execution of internal control discipline and operational excellence within Loan, Lease and Trade Operations. Execute LOB/ECF specific processes and tools to drive adherence to enterprise-wide Standards such as Identity and Access Management (IAM). Support implementation of QA/QC processes through the ongoing monitoring and testing of controls, Issue Management, Compliance and Reg adherence, Operational Event reporting and Audit, Regulatory, Exam coordination and support.

Acts as an ambassador of the risk culture. Identify issues and/or control improvements for remediation, whilst assisting in building out actions plans and milestones. Incumbents typically have over 8+ years of risk management and LOB/ECF experience. Role is responsible for management of risk governance routines including:

Responsibilities include the following:

• Issue management and remediation

• Business Continuity planning and preparedness

• Internal audits, external exams, and other compliance and operational risk assessments

• Process Risk and Control (PRC) inventory

• Risk Control Self-Assessment (RCSA)

• Internal & External Operational Event reporting and oversight

• Delegation of Authority (DOA) controls and governance

• Global Records Management and procedures governance

• Key Risk Indicators (KRI) reporting

• May be tasked to support high-priority industry and regulatory initiatives.

Bank of America