1) review and approve asset transfers and settlements;
2) ensure accounting entries on the back of the transactions have flowed in correctly;4) role will cover managing the tasks and volumes ensuring that all tasks for the day are completed in a timely manner and within deadlines. Elements of manual intervention include additional controls designed to mitigate risks of the manual processes, which together form the manual tasks.
5) ensure all required MI and stakeholder queries are completed in a timely manner as per expectations.
• Ensuring that the team is complying with GMO, enterprise and regulatory requirements and standards
• Ensuring that BofA’s GMO and enterprise risk framework is in place and adhered to
• Serving as a key point of contact for Front Office, Compliance, Risk & Control, Country Management, Regional GMO Management, technology, HR, internal and external Audit, and occasional regulatory engagement
• Engage closely with Malaysia Fulfilment Servicing (Banking) Operations, and other GMO leaders from APAC branches and hub locations
• Strong focus on resource planning, performance management and career development within the GMO team
• Driving change programs in collaboration with technology and other partners. Projects may result from business enablement, regulatory requirements or simplification and improvement / operational excellence opportunities
• Identifying areas for operational process improvement that help to increase efficiency, reduce risk and cost
• Provide key leadership support to the Head of GMO for Malaysia
· Presentable, confident and client focused. Client facing experience or ability to conduct discussions with Clients in a confident manner.
· Excellent communications skills and ability to present to an audience.
· Ability to work under pressure in a team environment.
· Ability to liaise with all levels of the firm and people with different experiences and backgrounds.
· Self-motivated and able to work unsupervised. Candidate will be able to manage own time and know when to escalate.
· Previous experience within a client service team with particular focus on DMA and OTC settlement.
· Knowledge of Operational Risk, Client Money Protection and Funding
· Strong leadership potential
· Exceptional understanding of the Malaysia regulatory environment as it relates to banking and Markets products
· Proven leadership ability in a supervisory role, able to develop staff and teams to operate at a high level