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Bank Of America Vice President Audit Supervisor APAC Operations 
Singapore 
118130525

13.09.2024

Job Description:

Job Description:

GMO activities include static data set up in Bank systems, trade capture validation, lifecycle events management, collateral management, settlements, Asset Services, management of client assets and client money and trade reconciliations. NTCO activities include Non-Financial Regulatory Reporting and client tax activities (calculation and remittance of withholding taxes and Tax reporting.

RequiredExperience/Skills/Qualifications

  • Minimum of 12-15 years of experience in Market Operations, GBAM Finance, Internal audit, External audit, or a related field, with a strong focus on global markets operations/NFRR/ Client Tax activities.
  • Chartered Accountant, Bachelor’s degree in accounting, Finance, Business Administration, or a related field.
  • A Master’s degree or relevant certifications (e.g., CIA, CPA, CISA) are highly desirable.
  • Responsible for executing multiple areas of test work during audit activities.
  • Use analytical skills and/or technical expertise to execute assigned audit testing responsibilities and identify opportunities to automate testing or create continuous monitoring.
  • Independently execute audit test work on assigned audits in a timely manner and with high quality.
  • Identifies control deficiencies, discusses with line management and initiates control matter recommendations in assigned test areas.
  • Demonstrate project management skills.
  • Raise issues and concerns and make recommendations for severity ratings.
  • Assesses issues for impact to business processes, controls, and strategies; recommends severity ratings and escalation of broad themes or trends, engages in discussions about risk and demonstrates business knowledge.
  • Establish business partner relationships; primary engagement is with line management.
  • Exercises critical thinking and judgment to effectively influence management to improve the control environment.
  • Consistently strives to improve processes and challenge the status quo to improve existing operating environment.
  • Supports employee development efforts, teamwork, and a positive and inclusive work environment.
  • Foundational knowledge of key regulatory requirements applicable to APAC, EMEA & US.

Desired Experience/Skills (not required):

  • Advanced degree
  • CPA or equivalent preferred
  • Strong presentation skills

Key Competencies:

  • Working knowledge of Global Markets Operations and/or Non-Financial Regulatory Reporting, and associated laws and regulations
  • Ability to quickly assimilate knowledge and analyse processes.
  • Ability to learn complex subject matter, understand regulatory requirements, and build testing programs to ensure compliance and mitigate risks.
  • Excellent interpersonal, oral, and written communication skills; attention to detail and accuracy. Able to develop and convey a point of view.
  • Extraordinary analytical / critical thinking skills.
  • Professionalism, dependability, integrity, and trustworthiness combined with a cooperative attitude. Able to thrive in a dynamic team environment.
  • Highly motivated self-starter with ability to multitask and complete assignments within time constraints and deadlines. Individual with desire to learn and teach others, high energy, positive attitude.
  • Creative thinker who can map out creative solutions and lead their implementation.
  • Excellent project management / organizational skills.
  • Strong and communication skills.
  • Ability to effectively interact with senior LOB stakeholders.