Bank Of America Vice President Sr Business Control Specialist Global Operations 

Singapore 

30913500

Responsibilities:

• Provide horizontal support to Risk and Business Control Functions.
• Involve in ensuring consistency and alignment in risk management practices, developing, and implementing control framework to mitigate risk effectively.
• Engage with Corporate Audit and Compliance & Operational Risk, Line of business, Business Control as well as Global Pillar Leads to facilitate audit and exam management process.
• Partners with key stakeholders at all levels to ensure audit readiness by facilitating regulator reviews of business process to identify areas of improvement, coordinate and prepare internal and external audits, ensuring all documentation and processes are in compliant, respond to audit request and address any audit findings and implement corrective actions promptly.
• Stay up to date with Regulatory and Policies changes.
• Partnering with Senior Leaders, Functional Leads to conduct impact assessments on new and existing Laws, Rules, and Regulations to ensure control adequacy and compliant.
• End to end ownership of issue management, including presentations to various stakeholders, remediation, and closure of all issue milestones on a timely manner.
• Operational Loss, Near Miss, Timing Event, Privacy event), from logging of event through funds recovery, reporting, Root Cause Analysis (RCA) and gap remediation.
• Collaborate and coordinate with subject matter expert to facilitate review and provide support / advice to business on risk control, and audit-related issues.
• Provides guidance and expertise of audit, exam, and assessments processes to Business Leadership and their teams.
• Risk Culture Carrier and proactive in promoting and embedding a strong risk management culture throughout the Bank.

Skills:

• Bachelor’s Degree / Professional qualification
• At least 10-12 years working experience in banking industry.
• Experience and proven experience in Business Control, auditing, or related environment
• Strong understanding of risk management principles and control framework
• Strong analytical and problem-solving skills to identify trends and potential risks.
• Excellent communication skills with the ability to build strong relationships and collaborate with various stakeholders.
• Detail-oriented and highly organized, capable of managing multiple tasks simultaneously.
• Ability to work independently and take initiative while also being a team player.
• Proficient in using data or relevant software applications and tools.