Jobs at Bank Of America in Thailand, Bangkok

Job Description:

Job Description:
This job is responsible for providing standard research, reporting, and analytical support for the delivery of end-to-end support for Global Markets sales, trading and underwriting business for securities, foreign exchange, fixed income, exchange traded derivatives, and over-the-counter derivatives across multiple Lines of Business. Key responsibilities include carrying out duties under general supervision and assisting teammates while following established procedures.

Job Description
Responsibilities
- Provide support for FX transaction processing and relevant tasks including, but not limited to, Local Regulatory Report
- Serve as an independent and primary contact person for external client communication and internal stakeholders
- Liaising with other internal departments to ensure timely resolution of all incidents
- Work with trading, middle office and technology teams to test and implement enhancements to the trading systems including the project participation based on business requirement(s).Requirements
- Strong organizational skills and ability to multitask is crucial
- Be open-minded, flexible and willing to learn new process
- Possess a positive mindset and attitude- Ensure strong internal control and productivity standards
- Ensure compliance and adherence to operating procedures and regulatory requirements
- Be conversant with International bank policy, guidelines and work environment
Other Qualifications: ∙ Strives to bring new thoughts and ideas to teams in order to drive innovation and efficiency improvement
∙ Excels in working among diverse viewpoints to determine the best path forward

Responsibilities:

• Oversees a set of products and maintains financial responsibility, including accountability for profit and loss activities such as revenue, profit margins, etc.
• Identifies and creates plans for product development, supporting the creation of sales training programs, and marketing materials to educate clients and internal teams on product capabilities.
• Understands product functionality, marketplace trends, and the competitive landscape to provide awareness of trends to sales and marketing teams.
• Develops and/or influences product strategy, driving products in cash management to provide comprehensive solutions across the bank.
• Partners with internal stakeholders to obtain meaningful insights about markets, clients, and competitors to develop products that solve client needs and ensure high adoption rates.
• Drives transaction and revenue growth and manages associated financial processes (i.e., forecast, monthly flash reporting, etc.)
• Collaborates with internal technology subject matter experts and research product-related trends to provide an integrated and automated client experience.

Required

• Bachelor’s Degree with more than 15 years of relevant experience
• Sound knowledge of financial products and solutions
• Excellent written and oral communication skills in English
• Strong leadership, presentation, and interpersonal skills
• Sound knowledge of Microsoft office products i.e., PowerPoint, Excel, Word
• Relevant knowledge of global ERP systems and clearing infrastructure

Desired

• Experience of working in leading global bank for over 10 years in transaction banking
• Knowledge of regional products & solutions with focus on Southeast Asia
• Experience of working with Fintech’s and delivering solutions
• Knowledge of tax and regulatory environments

Responsibilities:

• Assist in preparing regulatory reports to Bank of Thailand and other authorities under supervision.
• Support the calculation and preparation of tax filings (VAT, WHT, SBT), with guidance.
• Prepare and post daily/monthly journal entries and support the monthly closing process.
• Help complete daily reporting, ensuring timeliness and accuracy.
• Coordinate with other departments (Operations, Treasury, Risk, etc.) for data input and reconciliations.
• Maintain documentation and support files to ensure audit-readiness.
• Learn and apply process improvement tools to increase reporting efficiency.

Education & Experience

• Bachelor’s degree or higher in business administration, Finance, or related field
• Fresh graduates with strong academic performance and internship experience are welcome to apply.
• Strong interest in developing a career in financial reporting or regulatory compliance.
• Background in accounting or reporting is a plus, but not required.
• Prior internship or work experience in a bank, audit firm, or finance team is an advantage.

Technical Skills

• Proficient in Microsoft Excel; ability to work with large data sets and formulas.
• Exposure to tools such as Alteryx, Tableau, Power Query, or Workiva is a plus.
• Willingness to learn financial systems and reporting platforms (e.g., Oracle, Axiom, and BDCC)

Soft Skills

• Strong attention to detail and analytical thinking, especially when working with data.
• Take ownership of assigned responsibilities and escalate issues as needed.
• Accountability and discipline, especially in time-sensitive tasks.
• Clear communication and willingness to ask questions when in doubt.
• Positive attitude and proactive mindset in learning and teamwork
• Able to meet daily reporting deadlines.
• Good command of written and spoken Thai and English

Development Path:

This role is designed to offer structured learning and progression over time, with increasing responsibilities in regulatory reporting, tax compliance, and control frameworks. Ongoing training and support will be provided to help the candidate grow into a key reporting role in the Finance team.

South-East Asia Local Talent Development Program (LTDP):

The LTDP program focuses on hiring diverse and local talent in the SEA countries. This program has helped us:

• Attract graduates and junior talent into the local workforce,
• Create opportunities for overseas graduates/junior talent wanting to return to their home country and contribute to the local economy and develop resources for the local banking environment.
• It also gives an opportunity to work and gain experience in the “World’s Best Bank” and “Asia’s best bank for Corporate Social Responsibility” – all recent awards by Euromoney

Key Responsibilities

• This role is focused in analytics for the Sales Performance unit.
• Under the direction of manager, responsibilities include:
  • Producing complex revenue reports
  • General project and business planning locally and regionally
  • Supporting existing client’s regular banking transactions
  • Understanding various banking products and services to support cross selling
  • Engagement with clients to pitch their banking requirements (prepare pitching presentation material)
  • Regular call reports submission
  • Recognize current financial industry competitive landscape

Key Requirements

• Background in Mathematics, Accounting, Finance or Marketing preferred.
• Minimum 1 – 3 years analytics work experience in Marketing, Accounting or Finance.
• Critical skills and success factors include:
• Advanced spreadsheet background
• Financial analysis
• Strong organizational skills
• Project management orientation
• Strong skill set within Excel and Power Point presentation
• Strong written and verbal communication skills
• Self-starter needing minimal direction
• The ability to interact with associates at all levels

This job is responsible for acting as the primary point of contact for Treasury clients and performing day-to-day servicing of treasury, cash management, card, merchant, and depository products and services of varying complexity. Key responsibilities include relationship management and providing servicing and technical assistance to internal business partners, including Sales and Relationship Mangers, Product Managers, Compliance, and Operations to resolve complex and unique client requests.

Responsibilities:

• Manages escalated and complex inquiries and requests on accounts with care, aiming to resolve concerns in a timely manner
• Monitors the accuracy of data input into systems of records and gathers information, generates reports, and troubleshoots issues as they arise
• Mitigates risk by maintaining high standards on internal, operational, and financial controls
• Performs research and analysis to resolve customer issues and deepen relationships
• Delivers exceptional customer service by managing the coordination of workflow to business partners from customers

Skills:

• Account Management
• Active Listening
• Attention to Detail
• Oral Communications
• Client Experience Branding
• Customer and Client Focus
• Problem Solving
• Research
• Written Communications
• Client Management

Job Description:

Job Description:

This job is responsible for ensuring the identification, escalation, and timely mitigation of compliance and operational risks in the countries covered, in alignment with the Global Compliance -- Enterprise Policy, the Operational Risk Management -- Enterprise Policy and the Compliance and Operational Risk Management Program and Standard Operating Procedures. Key responsibilities responsible for executing the compliance and operational risk program in Bank of America N.A. Bangkok Branch office (Bank) and securities entity of BofA group. The individual will report to Head of Compliance in country and work with the respective lines of business and legal entity management to ensure that business is conducted in compliance with the applicable laws, regulations and compliance policies.

Responsibilities:

• Executes the Global Compliance and Operational Risk (GCOR) Program in the country, delivering each element on time, and to the required standard, including the effective review and challenge of Front Line Units and Control Functions
• Identifying, communicating and providing compliance guidance for the Laws, Rules and Regulations applicable to Fixed Income and Currencies (FICC), Global Transaction Services (GTS), Corporate Banking (CBK), Investment Banking (IBK), Global Wholesale Banking Operations (GWBO) and Global Markets Operations (GMO).
• Working with Head of Compliance and other Country Compliance team members, senior management, alongside horizontal compliance teams [such enterprise areas of compliance teams (EACs) / Financial Crimes Compliance (GFC) / Regional Front Line Unit (FLU) Compliance teams] and other Control Functions to provide oversight of FLU and Control Function (CF) activities.
• Developing the monitoring & testing coverage plans and executing them in line with local and enterprise requirements.
• Liaising with Product, Sales, Operations and Technology teams to review risks associated with ongoing product management and new products implementation.

• Engages with local regulators, and developing good professional relationship. Managing regulatory inquiries and exams / inspections in a timely and efficient manner, and escalating key issues appropriately.

• Conducting Compliance and Operational Risk Assessments for these businesses, identifying risk issues and escalating them in a timely manner to ensure sustainable remediation.
• Developing role based compliance training coverage plans to address the business needs.
• Ensures maintenance of a comprehensive regulatory inventory for the country, including identification and assessment of law, rule and regulation changes affecting activities in the country, advising business leaders of relevant changes, directing appropriate actions by impacted COR teams, and review and challenge of the overall implementation plan to meet new requirements.
• Ensures Compliance and Operational Risk “owned” issues (i.e., Internal Audit, Regulator, and Self-Identified issues) are addressed appropriately and timely in the respective country.

RequiredSkills:

• Attention to Detail
• Interpret Relevant Laws, Rules, and Regulations
• Regulatory Compliance
• Risk Management
• Written Communications
• Active Listening
• Critical Thinking
• Influence
• Issue Management
• Policies, Procedures, and Guidelines
• Decision Making
• Monitoring, Surveillance, and Testing
• Negotiation
• Process Management
• Relationship Building

Your background

• Bachelor’s Degree or higher

• Experience in Regulatory Reporting and Banking Operations, preferably Teller, Cheque Clearing & Lockbox and Partner Bank Collection under Commercial Services area.

• High level understanding of Banking Operations business divisions and Cash Management products.

• 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. list of invoices, withholding tax, credit note, etc.). Advanced Word, PowerPoint skills and Analytical tools is a plus

• Detail oriented

• Able to produce accurate work output and reports under tight deadlines

• Communicates effectively in English 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

Regulatory Reporting

• Delivers regulatory reports to regulatory agencies in line with expectations on completeness, accuracy, quality, and timeliness

• Defines and executes control practices, including compliance with all regulatory and policy requirements, including data quality standards

• Ensures that key risks, performance indicators, and desktop procedures are fully documented, in line with enterprise standards, reviewed on a regular basis and challenged and escalated where necessary

• Responds to inquiries from regulatory agencies and internal control partners (e.g., Audit and Compliance), and provides reporting, as needed

• Establishes credible, collaborative and influential relationships with key senior stakeholders, including FLU and Front Office partners

• Identifies, tracks, and remediates errors, breaches, data issues and control enhancements that impact the respective reports

• Coordinates the partnership with upstream process owners and data providers to improve data quality of regulatory reports, and with Non Financial Regulatory Reporting Interpretation and Technology teams to review and maintain data dictionaries for completeness of business requirements and ensure completeness of all operational and reporting requirements

• Works effectively on assigned projects, ensure understanding of the project goals, tasks, and deadlines, prioritize tasks, communicate regularly with stakeholders, and utilize project management tools to stay organized and on track.

Commercial Services

• Teller Service, over the counter cash and cheque deposit processing

• Cheque Clearing processing

• Lockbox data capturing

• Partner Bank Collection processing