Director Global Financial Crimes Manager jobs at Bank Of America in Singapore, Singapore

Job Description:

Job Description:

The Global Financial Crimes Risk Manager is responsible for executing the Global Financial Crimes Program in the Asia Pacific Region.

The Global Financial Crimes Risk Manager will establish and maintain strong relationships with key stakeholders within the Front Line Units (FLUs) and Control Functions (CFs), GFC risk executives and managers, and internal audit using effective influence skills.

Responsibilities:

The Global Financial Crimes Compliance (“GFC”) Manager, 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:

• Drive consistent execution of the financial crimes program in the Asia Pacific region, including but not limited to regulatory change, financial crimes policies and procedures management, risk assessments, issue management, monitoring and testing as well as any global or regional driven initiatives and projects
• Review Front-Line Unit escalations on financial crimes inquiries, risks, and concerns and work closely with Money Laundering Reporting Officers to develop risk mitigating controls.
• Develop meaningful management of information, including review and production of Key Risk Indicators and Key Performance Indicators.
• Contributes to risk coverage plans, executes independent risk monitoring, testing, and risk assessments.
• Assists in the identification, aggregation, reporting, and escalation of the remediation and thematic analysis of FLU/CF-owned issues and control enhancements related to financial crimes
• Assists in the review of, including the development of remediation plans to strengthen controls and providing oversight to ensure they are addressed appropriately.

Required Skills:

• At least 12 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 Asia.
• 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.

• Manage the APAC Financial Management portfolio (e.g. Forecasting, Profit & Loss Analysis, Cost Allocations) with the aim of achieving desired business goals.
• Partner with HR, Talent Acquisition, Workforce Managers and Hiring Managers to facilitate Talent Management related activities, ensuring the business is staffed adequately to provide sustainable support to operations.
• Support regional communication efforts by preparing Town Hall materials, video messages, formal announcements, senior management reports and engagement pieces as needed to support business objectives and ensure alignment with global standards.
• Collaborate with cross-functional teams and support partners (e.g. Finance, Technology, HR, Compliance) to deliver business priorities and operational objectives.
• Produce management reports (monthly, quarterly, weekly, ad-hoc) such as entity/governance reporting decks and business partner packs.
• Coordinate regional employee engagement activities to strengthen team connectivity and make Bank of America a great place to work.
• General administrative support including occupancy management, preparing meeting minutes, supporting the organization with senior executive visits, offsites, meetings, conferences, and other events.
• 5-8 years of work experience in the financial industry and/or experience in a business support role (e.g. Business/Project Management, Risk & Control).
• Proven leadership in coordination efforts across multi-business unit stakeholders to orchestrate cohesive oversight and process management.
• Excellent written and verbal communication, collaboration and influencing skills, including the ability to communicate complex ideas in a clear and concise manner with stakeholders across all levels.
• Fastidious attention to detail, with the ability to work efficiently and confidently with large amounts of complex data, ensuring accurate, professional, and timely completion of deliverables.
• Organized and possess good time management skills with ability to manage and prioritize competing priorities.
• Ability to maintain a high level of integrity while working with confidential information.
• Advanced MS Office skills, especially Excel and PowerPoint with ability to develop executive ready communications and presentations.
• Advantageous to have skillsets in utilizing automation/data analytics tools (e.g. VBA, Alteryx, Python, Tableau, etc).

Your background

• Bachelor’s Degree in Business Administration, Management, Finance or related field
• Minimum of 5 years experience in a banking environment, preferably experience in business management/COO or support roles
• Strong executor with proven ability to independently manage recurring business management tasks (e.g., headcount tracking, data reporting, governance routines), ad-hoc projects & initiatives
• Systematic and organized, with a structured approach to both execution and thought process; able to manage multiple priorities without losing accuracy or attention to detail
• Hands-on mindset to dive data, processes, issues to uncover root cases and drive actionable solutions
• Proficient in Microsoft Office (Word/Excel/PowerPoint/Visio), experience with reporting/visualization tools (e.g., Tableau, PowerBI, Alteryx) is an advantage
• Excels in both written and verbal communication and can confidently present findings and recommendations
• Skilled in stakeholder engagement; able to navigate matrix organizations, influence outcomes, and build effective partnerships across functions and geographies
• Demonstrated ability to manage confidential and sensitive information with discretion and confidentiality

What you will do

• Manage core business administration routines including headcount tracking, hiring status, maintain organization charts, BCP and workspace management across APAC locations
• Coordinate the employee engagement (EE) program – plan, execute and deliver EE events/activities/initiatives in collaboration with cross-functional partners
• Develop and prepare high-quality presentations and reporting packs for use bythe APAC AML Executive to present at senior leadership forums, while ensuring accuracy and timeliness
• Contribute to initiatives relating to organization efficiency, operating model, capacity planning and strategy
• Support outsourcing governance requirements, including oversight of deliverables, documentation and participation in governance routines
• Execute ad-hoc projects and business initiatives, managing multiple priorities and deliverables
• Comfortable working in an environment of evolving scope and priorities; adaptable, resilient, and solutions-drive
• Build and maintain strong working relationships within a matrixed organization, engaging stakeholders across other lines of business regionally and Global (HQ) to deliver on objectives
• Late evening calls can be expected with HQ team as required

Key Responsibilities:

• Ability to read & understand a Credit Approval Memorandum
• Responsible for compiling & reviewing documentation prior to Loans/ Lease deals being funded.
• Maintain responsibility for accuracy of documentation.
• Loading transactions to Leasing / Loan applications
• Processing payments to external agents/vendors/ borrowers
• Position will work with Credit, Legal, Finance and Marketing personnel within the region to understand requirements and ensure transactions and processes meet required policy standards.
• Responsible for maintenance of records
• Manage and maintain records of Security Interests filing and discharge.
• Responsible for monthly reporting functions and assist in Audits.

(must have skills to be minimally qualified):

• Graduate in a recognized university.
• At least 2 years’ experience in maintaining accuracy of loan / lease documentation with limited supervision.
• Ability to review and understand credit approval reports.
• Customer service oriented, proficient level of Problem-solving skill.
• Clear, articulate oral and written communication skills.
• Strong computer skills (Excel, Word,), highly organized, work well in a Team environment.

Responsible for conducting day-to-day activities to support business and clients globally by developing a deep understanding of the organization and services offered to resolve complex client inquiries. Key responsibilities include onboarding, servicing and offboarding clients, opening, maintaining, and reconciling account information. Job expectations include ensuring all activities are performed with a high degree of accuracy and comply with all regulations and policies while driving solutions that best meet our clients’ needs..
• Improves and simplifies the client experience, reducing manual touchpoints
• Ensures transactions are completed in an accurate and timely manner, managing escalations as needed
• Supports the preparation of frequent reports and other measures of data
• Drives operational initiatives both internally across the organization and with clients to drive efficiencies, increase revenues and reduce risk
• Identifies and flags potential risks in a timely manner
• Client facing experience and ability to conduct discussions with Clients in a confident manner.
• Strong communications skills and ability to manage other teams to ensure resolution of queries.
• Self-motivated and able to work independently. Candidate will be able to prioritize and know when to escalate.
• Excellent time management skills: Able to prioritize and handle high volume and time sensitive client queries.
• Demonstrate a logical approach to problem solving.
• Ability to work under pressure in a team environment potentially managing multiple projects/deadlines simultaneously.
• Ability to liaise with all levels of the firm and people with different experiences and backgrounds.
• Demonstrate a high level of commitment and professional work ethic.
• Understanding of Markets Operations Trade lifecycle with ideally a focus on Settlements & Corp Actions.
• Fluent in written and spoken English, plus additional languages would be a benefit but not essential
• Strong Microsoft Office skills (PowerPoint/Excel/VBA) would be preferred.

Other Qualifications:

• Knowledge of industry rules and regulations, as well as common industry wide business practices.
• Strives to bring new thoughts and ideas to teams, 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.

Job Description:

Reporting to the Head of Core Compliance, the incumbent will be responsible for the following activities:

• Support the Head of Core Compliance in the oversight of regulatory change management (RCM) program in APAC

• Monitoring, interpreting and advising the Bank on laws, rules and regulatory changes and developments in Singapore and other TD APAC jurisdictions, especially in areas such as global markets and corporate investment banking, and fund/ asset management.

• Promulgating regulatory change alerts to relevant stakeholders and maintaining the RCM system of applicable regulatory changes

• Key player in engaging stakeholders and assisting with regulatory implementation through the performance of gap assessment, management of timelines and milestones as well as ensuring timely responses to assist the project team with the smooth implementation of regulatory projects.

• Preparing periodic reports relating to recent regulatory changes and trending regulatory matters.

• Support where required, review and implementation of the testing and monitoring programme for the region

• Providing Compliance interpretation based on internal policies and applicable regulation where Core Compliance is the subject matter expert (SME) to stakeholders

• Represent APAC Compliance on assigned global enterprise projects where APAC Core Compliance is a participant or owner

• Prepare reporting governance committees on Core Compliance topics on a monthly and quarterly basis where required

• Maintain an up-to-date Core Compliance program and team procedures.

• Perform Program Effectiveness Assessments for APAC Compliance where required

• Work with the Business on Compliance Risk Assessments and conduct challenge and review where required

• Conduct trainings on applicable Core Compliance topics

• Support Conduct Risk Controls and Reviews Assessments for APAC Compliance

• Support timely oversight and review of Global and Regional Compliance policies and procedures

• Participating in EAP regulatory change meetings, including the preparation of agenda and trackers, co-ordinate meetings, and draft meeting minutes.

• Assist with reviewing, developing and recommending improvements on regulatory compliance policies

Required Qualifications:

• A relevant degree with at least 10 years of compliance experience, specifically in central core compliance, gained from top-tier banks, fund/asset management, or majorconsultancy/accountingfirms (banking knowledge is required).

• Knowledge in global markets, asset management, or corporate/investment banking is desirable.

• Strong understanding of applicable Singaporean and/or regional banking/capital market laws and regulations, with competency in advising on regulatory and conduct matters.

• Experience in monitoring (including surveillance) or testing reviews and employee-related compliance within a financial institution is preferred.

• Demonstrated attention to detail and analytical skills, with the ability to process information across various domains.

• Professional and diplomatic interaction across all levels.

• A proactive self-starter who can quickly learn about the business, identify key issues, and analyze appropriate information.

• Strong organizational and time management skills.

• Effective interpersonal, written, and presentation communication skills.

• Proficient in Microsoft Visio, Excel, Access, Word, PowerPoint, and other reporting tools; tech-savvy.

If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.

We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Job Description:

The Manager, Stock Lending Operations, will be responsible for the building up of operational functions of stock lending settlements for Asia markets.

This role will require a deep understanding of both Stock Lending and Asian equity markets operations processes.

Key responsibilities

• Understand front to back systems workflows of systems and settlements construct, primarily in SBL and International Prime businesses.
• Develop, implement, and maintain operational processes, policies and procedures to ensure the efficient and compliant execution of stock loan, securities lending and its life cycle operational processes.
• Identify operational risks and efficient framework for settlements in stock loan settlements in Asia markets.
• Lead the day to day operations of the business, including trade processing, settlement, corporate actions and custodian interaction.
• Stay abreast of regulatory developments to ensure business is compliant.
• Oversee and participate in maintenance and implementation of operational technology systems and platforms.
• Identify and create internal processes to meet front office requirements.
• Monitor service and control standards against, overall business / department objectives, markets standards.

Job Requirements

• Good understanding of required operational procedures to support front office in Equity stock loan and relevant product lifecycle.
• Strong interpersonal communication verbal and written skills. Comfortable working with Front Office and colleagues based remotely.
• At least 8 years of experience in the stock loan settlements area in Asia markets.
• Sound knowledge of lifecycle event and exception management.
• Ability to execute on more complex and / or non-standard requests.
• Self-motivated individual and driven
• Passionate about taking proactive initiative and leadership to raise the bar
• Drive new projects and initiatives.
• Strong knowledge of Risk and Control methodology
• Leading teams and managing performance reviews is of an advantage.
• Working knowledge of macros is an asset.
• Ability to work independently and lead ideas and changes.

If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.

We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.