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. Were 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:
This role is responsible for providing analytical support in executing internal control discipline and operational excellence within the APAC Business Controls team. It also provides you a bundle of opportunities to develop yourself through participating in various assignments and initiatives within Global Operations. The team coverage includes but not limited to Risk Assessment, Operational Controls, Compliance Monitoring, Audit Management, and Change Governance to ensure compliance with regulations, and improve overall efficiency.
Responsibilities:
Provide horizontal support to Risk and Business Control Functions.
Involve in ensuring consistency and alignment in risk management practices, developing, and implementing control framework to mitigate risk effectively.
Engage with Corporate Audit and Compliance & Operational Risk, Line of business, Business Control as well as Global Pillar Leads to facilitate audit and exam management process.
Partners with key stakeholders at all levels to ensure audit readiness by facilitating regulator reviews of business process to identify areas of improvement, coordinate and prepare internal and external audits, ensuring all documentation and processes are in compliant, respond to audit request and address any audit findings and implement corrective actions promptly.
Stay up to date with Regulatory and Policies changes.
Partnering with Senior Leaders, Functional Leads to conduct impact assessments on new and existing Laws, Rules, and Regulations to ensure control adequacy and compliant.
End to end ownership of issue management, including presentations to various stakeholders, remediation, and closure of all issue milestones on a timely manner.
Operational Loss, Near Miss, Timing Event, Privacy event), from logging of event through funds recovery, reporting, Root Cause Analysis (RCA) and gap remediation.
Collaborate and coordinate with subject matter expert to facilitate review and provide support / advice to business on risk control, and audit-related issues.
Provides guidance and expertise of audit, exam, and assessments processes to Business Leadership and their teams.
Risk Culture Carrier and proactive in promoting and embedding a strong risk management culture throughout the Bank.
Skills:
Bachelors Degree / Professional qualification
At least 10-12 years working experience in banking industry.
Experience and proven experience in Business Control, auditing, or related environment
Strong understanding of risk management principles and control framework
Strong analytical and problem-solving skills to identify trends and potential risks.
Excellent communication skills with the ability to build strong relationships and collaborate with various stakeholders.
Detail-oriented and highly organized, capable of managing multiple tasks simultaneously.
Ability to work independently and take initiative while also being a team player.
Proficient in using data or relevant software applications and tools.
