Vice President Rates & Fx Origination Capital Markets 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

- 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

・Require knowledge in security industry/market - work experience in financial institution is required
・Business level English with Japanese native level fluency
・Strong team player and ability to work well independently and collaboratively with peers and stakeholders
・Strong quantitative and analytical skills
・Attention to details and the ability to process tasks accurately and in a timely manner
・Control focused with a good understanding of risks and the impacts of errors
・Interest toward regulation/regulatory document is preferable.
・Good adaptability to expanded roles and responsibilities including supervising the team

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