דרושים ב-Bank Of America ב-Philippines, Taguig

The role requires a proven Markets Operations SME who:
• practices operational best standards
•thinks strategically
•communicates effectively and with impact
• is able to engage with senior and junior stakeholders in a seamless manner
• has a thorough understanding of the Philippines regulatory environment and local financial market systems
• possesses a strong ability to develop and grow staff

Responsibilities:

• Lead a team of Service and Fulfillment Associates, coordinating end-to-end client onboarding and product/service implementation
• Manage, coach performance of employees, to achieve excellent results, including ensuring strong awareness of the Bank’s operation risk management procedures and service levels with customers
• Ensure timely adherence to SLA, client commitments, regulations and internal procedures and policies, including timely and effective escalation
• Ensure standardization of processes to achieve efficiency and customer delight
• Responsible for handling a range of client servicing activities, requests and coordination across internal and external stakeholders
• Ensure effective business continuity plan is in place
• Track progress of implementation milestones, managing delays, escalation where necessary
• Support the Bank’s digital/transformation strategy
• Ensure satisfactory Audit results

Skills:

• Minimum 5 years of direct working experience in leading Service and Implementation Teams
• Strong people manager
• Customer focus
• Knowledge on local bank products and services
• Knowledge of all applicable regulatory reporting requirement and guidelines
• Project management and change management skills
• Ability to work with a sense of urgency to meet client SLAs
• Ability to manage alliances, relationship with clients, internal and external stakeholders
• Solid knowledge on problem analysis and problem-solving
• Effective written, listening and verbal communication skills
• Self-motivated, diligent and meticulous

Responsibilities:

Cash Operations

• Manage and control daily operations and administration of the payment operations unit covering payments, check clearing, time deposit, check issuance, audit confirmation and related regulatory reporting
• Manage, coach performance of employees, to achieve excellent results, including ensuring strong awareness of the Bank’s operation risk management procedures
• Ensure timely adherence to SLA, regulations and internal procedures and policies, including timely and effective escalation
• Ensure standardization of processes to achieve efficiency and customer delight. Review and document non-standard processes in accordance with the Bank’s procedures and policies. Escalate/Risk accept where required
• Implement strong internal control systems and monitor their effectiveness, not limited to review of daily control checklist/health indicators, update desk top procedures, share knowledge and adopt best practices, manage remediation of audit/self-identified findings
• Ensure effective business continuity plan is in place
• Represent the Bank in Markets/Regulators engagement. Lead, direct, monitor the delivery and implementation of regulatory/markets initiatives on payment systems. Co-ordinate with Product, Technology and all Key Stakeholders to ensure successful implementation
• Support the Bank’s digital/transformation strategy

Skills:

• Minimum 5 years of direct working experience in leading cash operations function
• Strong people manager
• Knowledge on local and cross border payments e.g SWIFT, payment channels
• Knowledge of all applicable regulatory reporting requirement and guidelines
• Hands-on in key regulatory reporting e.g. AML CTR, GLFX, ITRS reporting is an added advantage
• Project management and change management skills
• Sound knowledge of procedures and risk management/effective Quality Assurance
• Ability to work with a sense of urgency to meet internal and regulatory deadlines and address competing priorities.
• Ability to manage alliances, relationship with regulator(s), internal/external stakeholders, cross functional initiatives and process integration
• Solid knowledge on problem analysis and problem-solving
• Effective written, listening and verbal communication skills
• Self-motivated, diligent and meticulous

Responsibilities:

• Preparation of Regulatory Reporting to BSP.

• Finance reporting activities including internal monitoring, accounting, tax and group reporting.

• Continuous improvement of financial operation and reporting processes.

• External reporting processes such as supporting statutory audit and annual reporting processes.

• Supporting external and internal audit for financial/ accounting related matter.

• Supporting ongoing internal or Group’s driven project.

Requirements:

• Desired University degree in Accounting, Finance or related degree.

• Ideally 3+ years of finance experience in a highly regulated bank or an bank audit experience.

• Strong and up-to-date knowledge of Bank’s finance/ accounting activities.

• Detailed focus on ensuring controls always adhered to as well as governance in place.

• Attention to detail when performing tasks to ensure accuracy.

• Ability to take ownership for tasks and manage competing priorities with specific schedules.

• Good communication skills.

• Good analytical and technical skills.

Job Description:

Job Description:
This job is responsible for supporting the execution of substantive money laundering, economic sanctions and fraud compliance and operational risk practices. Key responsibilities include assisting Global Financial Crimes executives and managers with activities that support the identification, escalation and timely mitigation of compliance and operational risks in alignment with the Compliance and Operational Risk Management (CORM) Program, the Financial Crimes and Global Compliance - Enterprise Policies and the Enterprise Fraud Risk Management Standards.

Responsibilities:

• Support 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, with specific focus on South-East Asia.

• Good understanding of regulations in the Asia Pacific region, with specific focus on Thailand and Philippines AML/CFT/Sanctions regulations.

• Supports the coordination and review of Front-Line Unit escalations on financial crimes inquiries, risks, and concerns, including but not limited to deals, new products and customer due diligence in Asia Pacific region, with specific focus on South-East Asia.

• Supports the development and maintenance of financial crimes owned policies and standards, and reviews relevant Front-Line Units/Control Functions-owned policies and standards to ensure that regulatory requirements and operational risks are appropriately addressed.

• Assists in the production of independent financial crimes risk management reporting to Global Compliance & Operational Risk (GC&OR) Senior Leaders and FLU/CF Senior Leaders.

• Assists in the monitoring of changes in regulations applicable to Global Financial Crimes, including advising business leaders, directing the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenging the implementation plan as needed.

• Contributes to risk coverage plans, executes independent risk monitoring, testing, and risk assessments.

• Supports with escalating financial crimes related compliance and operational risks and issues to appropriate governance routines, management/board level committees.

• 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.

Skills:

• Stakeholder Engagement, across all working levels including senior management

• Regulatory Compliance

• Monitoring, Surveillance, and Testing

• Critical Thinking

• Risk Management

• Issue Management

• Policies, Procedures, and Guidelines Management

• Written Communications

• Talent Development

• Coaching

Minimum Education Requirement:

• University/college degree OR equivalent working experience in Self-Regulatory Organization/Government Entity experience

Responsibilities

Trade Bookings and Trade-related Workflow:

• Assist FICC Sales and Trading teams in booking FX transactions and ensure all trades are timely and correctly captured
• Coordinate with client and internal stakeholders to ensure seamless settlement of FX transactions
• Be able to handle up to 100 trades a day
• Responsible for resolving operational queries

Administrative Tasks

• Prepare presentations, product term sheets and regulatory updates for clients
• Work with research, trading and sales to create market updates for clients
• Prepare administrative reports and other internal requirements
• Take on ad hoc projects to improve daily routine and team efficiency

Assist with Onboarding:

• Conduct KYC checks and AML refreshes for clients. Act as liaison between client and integration team
• Understand GTT requirements for FICC and coordinate with client and internal stakeholders for required documentation
• Help to coordinate for ISDA and other credit requests

Requirements

We are seeking a dynamic candidate who is quantitative, analytical, proactive, a team player, able to work under pressure and to tight time constraints and has excellent attention to detail. This position requires daily liaison with many different groups across the organization and so, candidates must have a high level of communication and interpersonal skills.

• Undergraduate degree required
• Strong energy and attitude to manage the difficulty of dealing with contacts all over the world on a daily basis
• Independent thinker and willing to learn from a bench of Trading and Sales people
• Strong analytical skills and attention to detail
• Strong skill set in PowerPoint and Excel

Job Description:

Job Description:
This job is responsible for supporting the execution of substantive money laundering, economic sanctions and fraud compliance and operational risk practices. Key responsibilities include assisting Global Financial Crimes executives and managers with activities that support the identification, escalation and timely mitigation of compliance and operational risks in alignment with the Compliance and Operational Risk Management (CORM) Program, the Financial Crimes and Global Compliance - Enterprise Policies and the Enterprise Fraud Risk Management Standards.

Responsibilities:

• Support 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, with specific focus on South-East Asia.

• Good understanding of regulations in the Asia Pacific region, with specific focus on Thailand and Philippines AML/CFT/Sanctions regulations.

• Supports the coordination and review of Front-Line Unit escalations on financial crimes inquiries, risks, and concerns, including but not limited to deals, new products and customer due diligence in Asia Pacific region, with specific focus on South-East Asia.

• Supports the development and maintenance of financial crimes owned policies and standards, and reviews relevant Front-Line Units/Control Functions-owned policies and standards to ensure that regulatory requirements and operational risks are appropriately addressed.

• Assists in the production of independent financial crimes risk management reporting to Global Compliance & Operational Risk (GC&OR) Senior Leaders and FLU/CF Senior Leaders.

• Assists in the monitoring of changes in regulations applicable to Global Financial Crimes, including advising business leaders, directing the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenging the implementation plan as needed.

• Contributes to risk coverage plans, executes independent risk monitoring, testing, and risk assessments.

• Supports with escalating financial crimes related compliance and operational risks and issues to appropriate governance routines, management/board level committees.

• 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.

Skills:

• Stakeholder Engagement, across all working levels including senior management

• Regulatory Compliance

• Monitoring, Surveillance, and Testing

• Critical Thinking

• Risk Management

• Issue Management

• Policies, Procedures, and Guidelines Management

• Written Communications

• Talent Development

• Coaching

Minimum Education Requirement:

• University/college degree OR equivalent working experience in Self-Regulatory Organization/Government Entity experience