Vice President Delta One Single Stock Swaps jobs at Bank Of America in China, Hong Kong Island

• Believes diversity makes us stronger so we can reflect, connect and meet the diverse needs of our clients and employees around the world.
• Is committed to building a workplace where every employee is welcomed and given the support and resources to perform their jobs successfully.
• Wants to be a great place for people to work and strives to create an environment where all employees have the opportunity to achieve their goals.
• Provides continuous training and development opportunities to help employees achieve their career goals, whatever their background or experience.
• Is committed to advancing our tools, technology, and ways of working to better serve our clients and their evolving business needs.
• Believes in responsible growth and is dedicated to supporting our communities by connecting them to the lending, investing and giving them what they need to remain vibrant and vital

Responsibilities:

• Support BAU day to day operational activity within BofA data hall in Hong Kong as well as some remote support to smaller locations
• Install and provision hardware and software systems in the data center environment.
• Perform regular maintenance tasks such as power, cooling and cabling maintenance activities.
• Monitor data center performance and capacity utilization, and proactively identifying and addressing issues to minimize downtime and disruption.
• Collaborate with stakeholders and vendors to understand and meet incoming demand for space, power, and cooling. Plan data center capacity and drive regional strategy in growth and de-risk.
• Manage data center security measures, including access controls, environment monitoring and surveillance systems.
• Collaborate with cross-functional teams to support the deployment and operation of new services and applications in the data center.
• Develop and maintain documentation, including Standard Operating Procedures (SOPs) and diagrams. Provide support to management reporting and audit responses from internal control teams and regulators.
• Provide technical support and troubleshooting assistance to resolving data center related issues escalated by other teams
• Work on shift scheduled to oversee activities in data hall and able to participate in shift based weekend activities

Required Skills:

• Proven experience in working as a data center engineer in large skill enterprise
• Strong understanding of data center technologies as well as network and computing technologies
• Familiar with data center management tools and software
• Excellence problem solving, analytical skills and ability work effectively under pressure in highly regulated environment
• Strong communication and interpersonal skills, with the ability collaborate effectively with partner teams and vendors
• Knowledge of data hall cabling best practices and experience in working with cabling infrastructure

Desired Skills:

• Data Center, network, and server hardware certifications
• Scripting languages such as, Python and Shell scripting
• Able to work with data and inclined on automation

• Believes diversity makes us stronger so we can reflect, connect and meet the diverse needs of our clients and employees around the world.
• Is committed to building a workplace where every employee is welcomed and given the support and resources to perform their jobs successfully.
• Wants to be a great place for people to work and strives to create an environment where all employees have the opportunity to achieve their goals.
• Provides continuous training and development opportunities to help employees achieve their career goals, whatever their background or experience.
• Is committed to advancing our tools, technology, and ways of working to better serve our clients and their evolving business needs.
• Believes in responsible growth and is dedicated to supporting our communities by connecting them to the lending, investing and giving them what they need to remain vibrant and vital

Responsibilities:

• Support BAU day to day operational activity within BofA data hall in Hong Kong as well as some remote support to smaller locations
• Install and provision hardware and software systems in the data center environment.
• Perform regular maintenance tasks such as power, cooling and cabling maintenance activities.
• Monitor data center performance and capacity utilization, and proactively identifying and addressing issues to minimize downtime and disruption.
• Collaborate with stakeholders and vendors to understand and meet incoming demand for space, power, and cooling. Plan data center capacity and drive regional strategy in growth and de-risk.
• Manage data center security measures, including access controls, environment monitoring and surveillance systems.
• Collaborate with cross-functional teams to support the deployment and operation of new services and applications in the data center.
• Develop and maintain documentation, including Standard Operating Procedures (SOPs) and diagrams. Provide support to management reporting and audit responses from internal control teams and regulators.
• Provide technical support and troubleshooting assistance to resolving data center related issues escalated by other teams
• Work on shift scheduled to oversee activities in data hall and able to participate in shift based weekend activities

Required Skills:

• Proven experience in working as a data center engineer in large skill enterprise
• Strong understanding of data center technologies as well as network and computing technologies
• Familiar with data center management tools and software
• Excellence problem solving, analytical skills and ability work effectively under pressure in highly regulated environment
• Strong communication and interpersonal skills, with the ability collaborate effectively with partner teams and vendors
• Knowledge of data hall cabling best practices and experience in working with cabling infrastructure

Desired Skills:

• Data Center, network, and server hardware certifications
• Scripting languages such as, Python and Shell scripting
• Able to work with data and inclined on automation

Role/Responsibilities:

• Global Markets Credit (GMC) organization is responsible for credit underwriting, approval and ongoing risk management of Global Markets (GM) financing and traded products transactions. Based in Hong Kong, the role is in GM Credit Asia, responsible for all aspects of the credit risk management for the following two key businesses within Asia Pacific (including Japan).
• SPV repacks (Derivatives) related:
  • SPV repacks business is focused on derivative credit exposure facing bankruptcy-remote SPV established for purpose of issuing Credit Linked Notes (CLNs) or Asset Repackaging Notes (Repacks). Key responsibilities will include.
  • Conducting comprehensive credit review including underlying issuer and derivative exposure analysis, preparing Credit Underwriting Memos with approval recommendations for all trading exposures related to SPVs.
  • Identifying risk in complex credit proposals and structures, suggesting approximate risk mitigants.
  • Ongoing transaction and charged asset risk monitoring, ensuring any deterioration in the charged asset portfolio is identified and escalated for suitable timely action.
  • Undertake portfolio reviews and develop/generate reports highlighting key portfolio risk and sensitivities.
• Structured Financing Lending Transactions (SFT excld. securitization) related:
  • SFT business provides both recourse or non-recourse financings, collateralized by equity (single stock or portfolio of stocks) or fixed income (Bonds, Loans etc). Key responsibilities will include.
  • Credit Review of transaction proposals, undertaking credit and collateral issuer analysis, preparing Credit Underwriting Memos with approval recommendations.
  • Preparation of portfolio reports and credit reviews, including analysis of SFT exposures, any counterparties of concern and other pertinent risk issues.
  • Monitor macro, sector and issuer specific market trends so as to ensure any early warning or risk indicator for the portfolio is identified and escalated for suitable timely action.

Skills:

• 2-8 years of credit risk experience covering Corporates or FIs.
• Strong credit risk analysis and conclusion-oriented analytical skills. A deep understanding as well as exposure to the derivative and financing space
• Master degree in Finance, Business Administration or related fields. CFA/FRM or other professional qualification will be highly preferred
• Good written and spoken communications skills in English
• Excellent software skills including Excel, Bloomberg
• Ability to establish partnerships across the organization (Trading, Sales, Risk and support partners) and build effective work groups, requiring strong

Job Description:

Job Description:
This job is responsible for defining, providing and overseeing analytical processes for highly complex regulatory reporting for one or more operations product teams. Key responsibilities include managing complex projects and workstreams involving systems enhancements, process improvements, products and services. Job expectations include serving as a subject matter expert to other teammates and handling highly complex issues that require management and coordination across multiple stakeholders.

The Regulatory Reporting Operational Senior Professional is responsible for position monitoring, preparation and delivery of non-financial regulatory disclosures under the relevant regulatory reporting laws across multiple regimes including (substantial shareholdings, takeovers, short positions, beneficial ownership notices and industry limits) for the Global Markets and Wealth Management business divisions. They are responsible for the analysis and resolution of highly complex operations problems and initiatives requiring exceptional handling and/or coordination of multiple operational and/or product specialists to resolve. They will be required to contribute to various projects and/or the introduction of new initiatives, systems, products/services, and processes and coordinate necessary expertise across multiple operations functions and/or products.

• Bachelor’s Degree with minimum 3 years of experience; Professional qualifications (e.g., CA, CFA, CPA) preferred
• Experience in regulatory reporting including position reporting, substantial shareholding disclosures, disclosure of interest)
• Strong knowledge of financial markets, banking industry, equities and derivative products.
• High level understanding of global markets and wealth management business divisions.
• Strong technical and data analytical skills (i.e., Excel, and other similar applications) with experience in analyzing, managing and reporting from large sets of structured data (e.g., books and records data).Advanced Word, PowerPoint skills and Analytical tools (Tableau and Micro Strategy) is a plus
• Detail oriented
• Able to produce accurate work output and reports under tight deadlines
• Communicates effectively in both oral and written formats and tailors message appropriately to audience
• Demonstrated intellectual curiosity and operational excellence experience
• Able to think critically to quickly analyze and resolve issues
• Influences and delivers results through collaborative relationship with key partners and stakeholders
• Ability to work independently and under pressure, prioritize work and deliver against regulatory deadlines and a dynamic environment
• Able to demonstrate a high level of integrity with a mature approach to work
• Discrete when handling confidential information
Desired Skills:

• Experience interacting with regulatory agencies and /or reg exams.
• Exposure to position/transaction processes/life cycle (other than Equity Aggregation)
• Experience in technology implementation projects including involvement in building new or enhancing existing systems to meet complex reporting requirements

Responsibilities:

• Responsible for the day-to-day financials ensuring accurate, complete and timely reporting with adherence to controls and Firm policies.
• Valuation control including application of Independent Price Verification and Valuation Adjustment techniques.
• Process analysis and Operational Excellence.
• Manage Audit and Regulatory requests.
• Devise and provide insightful analytics to the Business and Senior Finance management to facilitate meaningful business conversations and decisions to help drive the business forward.
• Represent Finance to drive to completion new business/product opportunities in a controlled and responsible manner.
• Manage business partners and other key stakeholders.
• Documentation of procedures.

Skills:

• Good Understanding of Global Markets
• Strong Verbal and Written Communication
• Critical and Analytical Thinking
• Control Focused and Attention to Detail
• Self-driven and Team Oriented
• Experience managing offshore teammates
• Good working knowledge of US GAAP and IFRS accounting standards

The Chief Technology Infrastructure:

• Believes diversity makes us stronger so we can reflect, connect and meet the diverse needs of our clients and employees around the world.
• Is committed to building a workplace where every employee is welcomed and given the support and resources to perform their jobs successfully.
• Wants to be a great place for people to work and strives to create an environment where all employees have the opportunity to achieve their goals.
• Provides continuous training and development opportunities to help employees achieve their career goals, whatever their background or experience.
• Is committed to advancing our tools, technology, and ways of working to better serve our clients and their evolving business needs.
• Believes in responsible growth and is dedicated to supporting our communities by connecting them to the lending, investing and giving them what they need to remain vibrant and vital.

Responsibilities:

• Act as site manager for the data center facility and lead a team of data center engineers to provide operational support for BofA data centers
• Drive operational excellence through measured results in metrics and reports
• Drive and maintain inventory accuracy
• Design and implement data center infrastructure components such as structured cabling, open frame, PDUs, patch panels and power cabling work
• Install and provision hardware and software systems in the data center environment
• Perform regular maintenance tasks such as power, cooling and cabling maintenance activities
• Monitor and improve data center performance and capacity utilization, and proactively identifying and addressing issues to minimize downtime and disruption
• Collaborate with stakeholders and vendors to understand and meet incoming demand for space, power, and cooling
• Manage data center security measures, including access controls, environment monitoring and surveillance systems
• Collaborate with cross-functional teams to support the deployment and operation of new services and applications in the data center
• Develop and maintain documentation, including Standard Operating Procedures (SOPs) and diagrams
• Provide support to management reporting and audit responses from internal control teams and regulators
• Provide technical support and troubleshooting assistance to resolving data center related issues escalated by other teams
• Work on shift scheduled to oversee activities in data hall and able to participate in shift based weekend activities

Skills:

• Proven experience in working as a team lead or manager in large scale enterprise
• Strong understanding of data center technologies as well as network and computing technologies
• Familiar with data center management tools and software
• Excellence problem solving, analytical skills and ability work effectively under pressure in highly regulated environment
• Strong communication and interpersonal skills, with the ability collaborate effectively with partner teams and vendors
• Knowledge of data hall cabling best practices and experience in working with cabling infrastructure

Desired Skills:

• Data Center, network, and server hardware certifications
• Scripting languages such as, Python and Shell scripting
• Able to work with data and inclined on automation
• Ability to drive as well as collaborate to achieve results

Responsibilities:

• Oversee the regional Global Markets risk reporting function covering all Lines of Business and overall regional risk metrics. These are critical reports and are distributed to senior executives and regulators to provide comprehensive updates on the region’s risk profile.
• Manage the governance, business operations, controls, and support activities (i.e. service relationships, business continuity) for the APAC Global Markets Risk organization.
• Lead and participate in key and strategic initiatives as well as issues management. Effectively and efficiently coordinates and drives execution of key priorities.
• Participate in thematic analyses and deep dives on key risk topics.
• Lead regulatory coordination across 12 countries.
• Collaborate effectively with other Global Risk Management teams globally, Front Line Units, and other Enterprise Control Functions on the execution of governance initiatives, and to ensure consistency and best practices across the enterprise
• Participate in various business control committees to highlight risk arising from the activities within the region

Required Skills:

• Minimum 2 years experience in global markets risk, governance, business management and/or business controls experience in a large financial institution with a demonstrated history of success
• Knowledge of market and counterparty risk management and experience with regulatory and internal audit interactions
• Experience in planning, leading and supporting major projects
• Excellent verbal and written communication skills, including proven ability to develop executive ready communications and presentations
• Exceptionally strong attention to accuracy, detail and consistency
• Ability to multitask and collaborate with numerous team members and across functions/businesses
• Working knowledge of general bank policies, programs and procedures and control processes
• Self-motivated, intellectually curious and enthusiastic
• Understanding of regulatory environment affecting the financial industry and the impact on market and counterparty risk management
• Excellent analytical and problem solving skills and is proactive in challenging the status quo and driving improvements
• Confidence in working and communicating with senior leadership team