Job Description:

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!

Job Description:

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 coordination and oversight of Audit & Exam (AEM) engagement specific to the APAC region (12 jurisdictions).

The role would own the responsibility to pull together Audit & Exam regional dashboards, project management, roadmaps deliverables, and other governance related routines including regional decks for the global or regional leadership and routines with all key stakeholders. 

The candidate should have a strong risk management discipline and experience running operational risk processes.

Successful candidate will coordinate, influence, and collaborate closely with all levels of the organization. Strong communication and experience in banking processes, risk management and organizational structure will be helpful in effectively navigating the organization and influencing partners to achieve outcomes.

Responsibilities

Document the methodology for Audit and Exam Management and ensure proper communication and adherence from all internal stakeholdersEnsure Audits & Exams under your purview are handled as per the protocol across silos with strong attention to timeliness of deliverables, quality of coordination & reportingCoordinate Audit & Exam with internal stakeholders and auditors, follow-up on process and response, ensure proper governance; assist with approach to responses, research and tracking for timely submissionIdentify and proactively escalate emerging thematic risk within the customer due diligence processesActively liaise and manage relationship with APAC Financial Crimes and Compliance and Corporate Audit for processes supported by APAC GB & GM AML OpsCoordinate across other AEM AML support partners and stakeholders to ensure global process engagementIdentify issues and/or control improvements for remediation and escalationProduce the necessary indicators and management reports to allow proper oversight on Audit and Exams under your purviewResponsible to support Senior Leadership Team’s weekly agenda and routineAct as the Single Point of Contact for Audit and exams under your purview and become a key contributor of the risk culture within APAC GB & GM AML OpsLate evening calls can be expected

Required Skills

University degree in related fields e.g., compliance, operational risk, business administration or equivalent.5-10 years relevant work experience in Risk and Regulatory exam managementExperience with AML programs and AML KYC would be a strong advantageStrong thought leadership, independent and logical thinker with highly developed problem-solving skillsA team player, high on collaboration and partnership with peers, partners, and stakeholdersStrong influencing and persuasive skills, ability to obtaining favorable outcomesEffective navigation skill to source required information by engaging with relevant stakeholdersAbility to read and understand complex matters, anticipate risks, and summarize key informationDemonstrated ability to quickly build deep and broad business/technical acumenStrong communication- both verbal and written. Ability to translate concepts to executable action & tailor messaging to senior managementAbility to manage various project timelines with multiple competing priorities with tight deadlines while working in a flexible environmentDemonstrated track record of delivering resultsManagement reporting skills, reasonable expertise in Excel and PowerPointStrong attention to details and organizational skillsSelf-starter with excellent anticipation skills, problem solving; follow-upDemonstrate dependability and ability to act with a sense of urgencyAbility to engage and collaborate with people in all levels of the organizationAbility to work well under pressure in a fast paced / complex environment, adapt to unexpected events, prioritize and multi-task in a deadline driven environment

Desired Skills

Working knowledge of Risk Management, Quality Control/Assurance Framework, Audit and ExamsStrong knowledge of laws, rules & regulations of APAC countriesCritical thinking skills to assess data, artifacts and new or unfamiliar business concepts to draw conclusions that are not readily apparentStrong research and analytical skills and attention to detail but in context with broader business landscape