Assistant Vice President / Delivery jobs at Bank Of America in Japan, Tokyo

• 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.

Job Description:

With 5+ years of experience, you will assist in managing project portfolios, ensuring alignment with strategic goals, and facilitating the successful delivery of projects within the Network Services division. This role involves collaborating with various stakeholders and working closely with senior project managers and global teams.

In this role, you will be part of a dynamic IT team working to improve and secure the bank's network infrastructure. Your role will include:

• Collaborative Environment: Working with IT professionals, vendors, and stakeholders to deliver projects that meet the bank’s requirements
• Professional Development: Opportunities for learning and growth in both technical and project management fields
• Resource Coordination: Assisting in the efficient use of resources and optimal allocation to various project tasks
• Dynamic Work: Office-based and availability for after-hours work during critical project phases including some weekend hours

Project Coordination

- Development of project plans, including scope, timeline, and budget.

Stakeholder Management

- Collaborate with internal teams and external stakeholders to ensure project requirements are met and issues are resolved.

- Preparing and presenting project status reports to senior management and stakeholders.

Financial Management

- Monitor project budgets, track expenses, and ensure financial resources are used efficiently.

- Participate in financial forecasting and reporting, highlighting variances and recommending corrective actions.

- Support the management of project costs and financial documentation.

Risk and Issue Management

- Identify potential project risks and issues and assist in developing mitigation strategies.

- Monitor and address project risks and issues as they arise, ensuring timely resolution.

- Support the implementation of risk management plans and contingency measures.

Documentation and Reporting

- Maintain comprehensive project documentation, including plans, reports, and meeting notes.

- Prepare regular project status reports and presentations for senior management.

- Ensure project documentation is complete, accurate, and up-to-date.

Continuous Improvement

- Contribute to the continuous improvement of project management processes and methodologies.

- Stay informed about industry trends and best practices in project management.

- Participate in training and development opportunities to enhance project management skills.

Education and Experience

- 5+ years of experience in project management or a related role.

- Experience in portfolio management or within the banking or financial services industry is a plus.

Skills and Competencies

- Proven knowledge of project management principles and methodologies, including both waterfall and Agile methodologies.

- Experience in working with Jira

- Strong organizational and time management skills, with the ability to handle multiple priorities.

- Strong effective communication and interpersonal skills, capable of conveying technical information to non-technical stakeholders.

- Analytical and problem-solving abilities, with attention to detail.

- Ability to operate with colleagues across different time zones with a flexible approach to working hours (ability to work varied hours) to successfully interact and communicate on a global level.

Desired Skills:

• Certifications: Project Management Professional (PMP) or PRINCE2 Foundation certification.
• Knowledge of network infrastructure, including LAN/WAN, firewalls, VPN, and basic network security protocols.

- Manage new account opening
- Ongoing maintenance of clients and accounts, including support for corporate actions events such as client name changes
- Setup and support ongoing maintenance of settlement instructions
- Handle product specific agreements and contracts
- Manage Client Documentation, including global and local tax regulation related documents, FIEA letters, and Terms and Conditions
- Various forms/documentation maintenance – Postage, Storage and Disposal
- Respond and coordinate requests receive from external and internal group to provide required information in a timely manner
- Provide oversight of outsourced activities, ensuring services are delivered according to SLAs
- Onboard Global Markets clients to local entities in Japan according to the local regulations
- Advise and explain KYC (Know Your Clients) requirements to sales/clients
- Set up and maintain client details
- Facilitate, collect and verify Non AML documents from clients such that may include FATCA, CRS forms, or FIEA client category
- Facilitate dormancy review and off boarding of clients
· Team Player - establish and maintain good working environment with team members, and business partners
· Self driven individual with good planning, organization and follow up skills.
· Coordination - Ability to build relationships and work with cross-functional teams
· Native Japanese and Strong English language skills, both written and verbal
· Strong analytical and problem-solving skills
· Excellent technical, written/verbal communication, interpersonal, presentation and facilitation skills with the ability to make recommendations to all levels of the organization
· Risk Management - able to think from enterprise standpoint as well as surrounding regulations
· Attention to details
· Good knowledge of MS Office Products (Word, Excel, PowerPoint, others)
· Minimum of 3 years experience in Investment Banking Operations or in financial industry
· Hold JSDA 1, or 2nd class
· Broad understanding of financial products and markets
Other Qualifications: ∙ Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions
∙ Excels in working among diverse viewpoints to determine the best path forward
∙ Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner
∙ Commitment to challenging the status quo and promoting positive change.
∙ Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base
∙ Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world

This job is responsible for managing, monitoring, and documenting credit risk for a portfolio mostly consisting of financial institutions clients. Key responsibilities include monitoring changes in credit profiles, compliance with credit agreements as well as structuring and underwriting new financing solutions across the Global Banking and Markets product spectrum. As a member of the credit team within the first line, job expectations also include ability to drive business growth initiatives in a sustainable manner while assessing risk solutions which adhere to the bank's risk appetite and risk strategies and coaching and leading team members.

Responsibilities:

• Oversees and assesses the credit worthiness of borrowers based on due diligence findings, financial statement analysis, forecasting, analysis of company and industry risks, terms and conditions, and relationship profitability to provide high quality credit approval to Corporate Banking, Investment Banking, Global Markets, and Treasury
• Exercises Delegated Approval Authority using sound judgment and expertise to make approval decisions for the business including new lending limits, structuring and negotiating deal terms, credit worthiness, annual reviews and renewals, risk ratings, and breach actions
• Acts as a senior coverage team resource supporting ongoing credit matters and asset quality, maintaining adherence to the bank's risk appetite and risk strategies to mitigate losses while identifying opportunities to responsibly growing the loan portfolio
• Leads new credit originations in coordination and collaboration with the coverage teams including Relationship Managers, Risk, Syndications, Treasury, and all other product partners
• Negotiates and structures legal documentation related to loans and derivatives
• Establishes appropriate internal risk ratings for clients and implements accurate adjustments throughout the client'scredit life cycle
• Trains, coaches, and mentors Credit Analysts and Associates

Managerial Responsibilities:
This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.

• Opportunity & Inclusion Champion: Models an inclusive environment for employees and clients, aligned to company Great Place to Work goals.
• Manager of Process & Data: Demonstrates deep process knowledge, operational excellence and innovation through a focus on simplicity, data based decision making and continuous improvement.
• Enterprise Advocate & Communicator: Communicates enterprise decisions, purpose, and results, and connects to team strategy, priorities and contributions.
• Risk Manager: Ensures proper risk discipline, controls and culture are in place to identify, escalate and debate issues.
• People Manager & Coach: Provides inspection, coaching and feedback to motivate, differentiate and improve performance.
• Financial Steward: Actively manages expenses and budgets in alignment with objectives, making sound financial decisions.
• Enterprise Talent Leader: Assesses talent and builds bench strength for roles across the organization.
• Driver of Business Outcomes: Delivers results by effectively prioritizing, inspecting and appropriately delegating team work.

Skills:

• Analytical Thinking
• Credit and Risk Assessment
• Financial Analysis
• Loan Structuring
• Underwriting
• Attention to Detail
• Business Acumen
• Financial Forecasting and Modeling
• Research Analysis
• Written Communications
• Business Development
• Collaboration
• Critical Thinking
• Portfolio Analysis
• Stakeholder Management

Responsibilities:

• Legal analysis and advice/judgment as to the following area and/or preparation of proper documentation to manage risks for the company:
  • Fixed income, currencies and commodities, related derivatives transactions;
  • SPV Repacktransactions/Securitizedproducts/Structured Notes;
  • Equities and equity derivatives;
  • Futures and Options;
  • Distribution of various products wrappers linked to BofA proprietary indices.
  • Other Global Markets activities including transactions originated from Investment Banking/Capital Markets;
  • Ancillary analysis related to the above including licencing,
  • Global Markets Regulatory Reform
• Also assist with other Japan Legal matters such as:
  • Outsourcing; and
  • Resolution and Recovery Plan
• Co-working with the wider Asia Global Markets Legal team, other lawyers in Japan as well as in other regions
• Co-working with compliance and other departments to keep the proper governance and control of the business units in place
• Management of external counsels

Skills:

• At least 6+ years PQE and admitted to practice law in Japan (although, will consider other jurisdictions, depending on experience)
• Legal practice qualification in another jurisdiction is a plus (not required)
• Business level fluency in both Japanese and English in both written and spokento communicate effectively with stakeholders, regulators and industry groups
• In-depth understanding of and sufficient work experience on:
  • Financial instruments and Exchange Act, Act on the Investment Trust and Investment Company, Banking Act, Act on Securitization of Assets, Trust Act, Trust Business Act, rules of the conflict of laws, Bankruptcy Act, Civil Rehabilitation Act, Corporation Rehabilitation Act, Act on the Netting of Specified Financial Transactions, JSDA rules, Tokyo Stock Exchange rules, rules of Japan Securities Clearing Corporation, Company Act, Act on Book-entry of Shares, Bonds, etc., Civil Code, Commercial Code, etc.;
  • Derivatives, Stock lending, and repo related documentations (ISDA, GMSLA, GMRA and Japanese law equivalents); and
  • Understanding of Dodd Frank Act, Volcker Rule, Reg W, MiFID, EMIR, etc. is a plus.
• Strong interpersonal and social skills with team-work oriented mindset
• Ability to think flexibly and proactively suggest solutions to achieve the business goals
• Excellent research and legal writing skills
• Solid understanding of Global Markets business practice and industry custom
• Willingness to work as a member of a local, regional and global team and strong curiosity to changing financial practice and environment

Job Description:

Job Description:

This position is for a Global Financial Crimes Manager to serve as the Money Laundering Reporting Officer (MLRO) for Japan. The company’s local and global regulators require that the Firm in the Japan has a central contact point for AML/CTF issues and suspicious activity filing in Japan. The MLRO for Japan, under supervision, is responsible for implementing both the global Financial Crimes Policy and any local requirements.

The MLRO will be responsible for developing and maintaining all jurisdictional and policy requirements for financial crimes in country, in accordance with the requirements of Company’s Global Financial Crimes Policy, to include the maintenance of the inventory of laws, rules and mentorship which form the jurisdiction’s legal framework relating to financial crimes compliance.

Responsibilities:

The Global Financial Crimes Compliance (“GFC”) Manager under supervision, assists Global Financial Crimes Compliance executives and managers in any of the following activities in support of the identification, escalation and timely mitigation of compliance risks in alignment with the Compliance Risk Management (“ CRM”) Program and the Financial Crimes Global Policy:

• Identifying relevant regulatory change, updating the Japan Country Standard, and notifying relevant stakeholders of the change and potential impact.
• Conducting financial crimes risk assessments when required by either GFC or local regulatory requirements.
• Identifying, building and executing appropriate monitoring and testing activities.
• Identifying and reporting any matter relating to the implementation or execution of the Company’s Financial Crimes Compliance Policy and Standards, as applicable, to the Financial Crimes APAC Executive and Country Management Team.
• The provision of meaningful management of information, including review and production of Key Risk Indicators and Key Performance Indicators.
• Execute governance and management routines.
• Leading the completion and timely submission of any regulatory reporting required under the legal framework of the jurisdiction.
• Lead or handle, as applicable, any internal Corporate Audit or regulatory examination conducted by a regulator in the jurisdiction for which the MLRO is responsible, in line with the Company’s Regulatory Exam Standards.
• Leading and overseeing the GFCC training curriculum for the legal entities in Japan.
• Specific Accountabilities relating to Investigations. MLROs are accountable for analysing, investigating and resolving any investigative case assigned to them, as defined by regional or local practices, and making any necessary regulatory reporting.

Required Skills:

• At least ten (10) years’ experience in a similar or related role in a financial institution, legal or consultancy firm or with a regulatory authority
• Anti-money laundering/financial crimes experience in a financial institution or government position in a Financial Services institution and/or related government entity is strongly desired
• Excellent written and verbal communication skills and solid influencing capability across all levels of management including very senior management and board levels and with regulators in Japanese or elsewhere in Asia
• An established network in the Japanese regulatory and AML community
• Excellent relationship management skills
• Can make decisions in a rapidly changing environment
• Ability to self-identify priorities, deliver to deadline and handle challenging demands and partners
• Great teammate, willing to interact and discuss issues in a team environment, and take pride in your work
• Sound risk management skills and an ability to apply discernment, take decisions when required and to raise when necessary
• A flexible and solution driven perspective, able to solve problems and a determination to seek answers to complex issues
• The ability to synthesize laws, rules and regulations into practice.

Desired Skills:

• CAMS Certification.
• Experience in dealing with regulators.
• Genuine interest in the securities markets and banking world, regulation and changing legislation.

This job is responsible for overall portfolio or product set performance and asset quality and may include credit approval authority. Key responsibilities include focusing on but not limited to credit, market, and reputational risk; as well as adherence to credit risk policies and external/internal reporting, including but not limited to Top of House (TOH) and Line of Business (LOB) specific reports or regulatory related reporting. Job expectations include having detailed knowledge of regulatory issues and providing expertise on highly complex transactions to business/support partners.

Responsibilities:

• Supports the credit approval process and therefore is accountable for overall portfolio performance and asset quality, including underwriting, structuring and monitoring tasks.

• Conducts analysis, inspects and/or develops credit risk reporting for specific products, and monitors and reports on key indicators for changes in credit quality to communicate to senior management.

• Sets adherence to policy and standards and ensures first line credit officers and managers are appropriately performing due diligence that the risk is within the bank's defined risk appetite, using knowledge of stress testing and its applicability to credit risk.

• Monitors for adherence to industry risk governance, as well as monitoring for potential operational, reputational and market risk issues.

• Identifies risks early that could impact the assigned portfolio and coordinates with business counterparts to resolve portfolio issues.

• Translates and manages plans of action to achieve a goal across varying audiences.

• Prepares, reviews and / or submits the regulatory reports in a complete, accurate and timely manner in conformance with regulatory instructions.

Required Skills:

• Credit and Risk Assessment

• Critical Thinking

• Risk Analytics

• Risk Management

• Strategic Thinking

• Decision Making

• Interpret Relevant Laws, Rules, and Regulations

• Issue Management

• Portfolio Analysis

• Regulatory Compliance

• Business Intelligence

• Financial Accounting

• Inclusive Leadership

• Influence

• Presentation Skills

Desired Skills:

• 7+ years Commercial/Corporate banking risk and/or analysis experience

• Working knowledge of business analytical and visualization tools

• Excellent written and verbal communication skills

• Understanding of Risk Management practices and policies

• Ability to interface confidently across all levels of management with both business and support partners

• Regular use of discretion and independent, sound judgment

• Must be industrious, self-directed and intellectually curious

Job Description:

Job Description:

This role is responsible for planning, solutioning, coordinating, and delivery of defined project deliverables for a larger program which requires engagement with multiple application teams across the organizations. Key responsibilities include communicating the requirements, target outcomes, coordinating delivery, managing risks, ensuring compliance to standards, and providing end-to-end visibility into the health of the program. Delivery lead ensures execution and delivery meets the client’s expectations in terms of the functionality, quality, target outcomes, timeline, and cost.Delivery Lead is also expected tomanage financials for the program, assist with resource planning, and facilitate

Responsibilities:

• Establishes the target outcomes in partnership with the stakeholders and leaders.
• Establishes and builds relationships with business and technology leaders across multiple organizations, as well as Compliance and Risk.
• Coordinates and facilitates the program routines – e.g. kick-off, status reviews, stakeholder meetings, change controls, tollgates, etc.
• Plans and coordinates delivery and dependencies across multiple organizations.
• Promotes/facilitates communication and collaboration across organizations to achieve the target outcomes and timeline.
• Facilitates dependency management/risk management/issue resolution/impediment removal.
• Responsible to provide status updates to stakeholders and leadership pertaining to the target outcomes, delivery, risks/issues, and schedule.
• Ensures that execution is aligned with target outcomes by working with the sponsor/stakeholders.
• Ensures the work delivered complies with Enterprise Change Management standards.
• Tracks the success metrics and reviews performance with stakeholders and leadership.
• Manages the financials and assists with resource planning for the program. Also, manages vendors sourcing, resources, and SOW’s.
• Provides input to define/improve the Change Management process for the Portfolio

Required Skills:

• Overall technical lead having end to end responsibility of all technical aspect of a project, including effort estimate and budget management, application design, bank technology standard governance, IT security management, SIT and UAT coordination, pre-production implementation and post-production application support handover.
• Work with:
  • Line of Business to elicit, define and prioritize project requirements.
  • Solution Architects to ensure solutions support bank technology strategy and standard.
  • Architects / vendors / in-house developers to translate solutions into system implementation.
• Establish SOW with vendor, monitor vendor progress throughout the project life cycle as part of vendor management responsibility.
• Communicate project status, resource constrains and open issues to Portfolio/Program Manager on a timely manner.
• Address technical queries and issues arising from users, vendors, and developers.
• Share business knowledge throughout the team on a regular basis.
• Ensured that development activities satisfy applicable local regulatory requirements.
• Direct Regulatory/Clearing House engagements and/or through their appointed vendor(s)
• Strong discipline in system risk management
• Mandate for the candidate to be native bi-lingual (both Japanese and English and read-write, Korean will be a plus) technical strong in solution design, project management, test management and vendor management, implemented banking projects throughout full Software Delivery Life Cycle.

Desired Skills:

• Manage projects following the Bank’s ECMS (Enterprise Change Management System) Process and ensure proper project documentation is in place and in good standard.
• Work closely with Global Payment Service, Products, Operations and Systems Developments in justifying projects to proceed, and ensure projects should be implemented with good user acceptance level.
• Facilitate in project meetings and different work sessions to ensure different support teams are clear about the responsibilities and roles to play.
• Monitor and provide updates to senior management upon the project proceedings, alert and escalate to appropriate level of management when issues or risks are identified which can jeopardize the projects.
• Work closely with other project managers, to share knowledge on project proceeds, and actively react to issues that may have negative impact to any projects.
• Help the manager to plan for resources allocation and provide cross project support to the team.
• Help and govern initiatives establishment, during the idea generation stage, to ensure the objectives against risk and benefits are well balanced.
• Ensure projects are managed within planned budget and schedule, upon the need for deviations, raise alert to steering committee to compromise on the actions be taken