Bank Of America Assistant Vice President Business Control 

Singapore, Singapore 

59447093

Your background

• Bachelor’s degree or equivalent experience.
• Minimum 3-5 yearsworking experience in banking industry.
• Prior experience and good understanding of risk management principles and control framework will be an advantage.

Required Skills

• Good analytical, logical reasoning and problem-solving skills to analyze data, identify trends and understand root cause of issues.
• Excellent communication skills with the ability to build strong relationships and collaborate with various stakeholders and geographies.
• Project management skills will be beneficial.
• Ability to prioritize workload and manage deliverable timeline.
• Ability to work independently and take initiative while also being a team player.
• Proficient in using data or relevant software applications and tools.

What you can expect

It is also the perfect path to a greater understanding of the activities that form part of a Service & Fulfillment and Operations organization, learning the flow all the way from client implementation and onboarding, opening new accounts, to a successful processing of their transactions.

This role offers huge learning opportunities and opens a path into potential new avenues within the Global Banking Operations and the wider organization.

What you will do

• Perform deep-dive review on controls adherence of various processes in APAC GBO independently within the project timeline.
• Ability to leverage excel / macro skillsets to establish automated review of reports and perform data analysis efficiently to identify anomaly and exception will be an added advantage.
• Support Risk Leads to create and update existing review checklist to prepare for upcoming audit, exam and assessment.
• Perform horizontal review of APAC GBO processes to identify gaps and improvement opportunities across all APAC countries.
• Early escalation of control deficiencies and process gaps to discuss with Risk Leads and APAC GBO leads, recommend controls improvement and track closure of all remediation actions.
• Support Risk leads to raise Self-Identified issues (SII) identified from horizontal review and preparation work
• Track progress of Audit, exam and assessment and update status of all engagements in system of records.
• Perform routine management reporting of preparation work, horizontal review and ongoing engagements from control functions.
• Maintain up-to-date working knowledge of the bank’s client access products/services, payment and trade capabilities, internal operations, and local practices.
• Support in the continuous improvement in the review and validation process.