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Vice President, Technology Risk Business Control Specialist

Kuala Lumpur, Malaysia

Job Description:

About Bank of America

Our purpose as a firm is to make financial lives better, through the power of every connection. Across the world, we partner with leading corporate and institutional investors through our offices in more than 35 countries. In the U.S. alone, we serve almost all of the Fortune 500 companies and approximately 67 million consumer and small-business clients. We provide a full suite of financial products and services, from banking and investments to asset and risk management. We cover a broad range of asset classes, making us a global leader in corporate and investment banking, sales and trading.

Connecting Asia Pacific to the world

Our Asia Pacific team is spread across 19 cities in 12 markets. We are focused on connecting Asia to the world and the world to Asia, using our global expertise to ensure success is shared between us, our clients and our communities. Our regional footprint covers 12 currencies, more than a dozen languages and five time zones, placing us firmly among the region’s leading financial services companies.

Position Description

The Technology Business Control Specialist will be part of the Global Technology & Operations (GT&O) Business Operations and Control team. You will be responsible for supporting the governance and management of technology risk and controls across Asia Pacific (APAC) region, with a focus on Southeast Asia.

The role will be part of a broader team’s ambition which seeks to ensure APAC GT&O comply with all their regulatory obligations. This position will require strong collaboration with senior key stakeholders within the GT&O divisions and control functions across the Bank.

Key Responsibilities

  • Demonstrate comprehensive understanding of APAC regulations relating to technology, with a focus on Southeast Asia.
  • Actively engage relevant stakeholders and proactively support key tasks relating to regulatory exam and issue management, regulatory mandated assessments and changes, such as but not limited to the following:
    • Manage exam life-cycle with timely notification to exam stakeholders on key issues;
    • Ensure end-to-end protocol management of regulatory issues;
    • Maintain inventory of regulatory mandated assessments, oversee and support the completion of assessments, and escalate delays or exceptions;
    • Keep abreast of relevant regulatory changes, oversee the completion of regulatory change impact assessments, and escalate delays or exceptions
  • Provide oversight and support tasks relating to future outsourcing strategy and activities
  • Act as an ambassador of the risk culture

Key Requirements

  • Good understanding of regulatory risk management and technology regulations preferred
  • Relevant experience in executing key noted responsibilities above within an ops risk, compliance functions
  • Experience in leading programs for proactive identification of regulatory risk exposure and potential non-compliant areas
  • Information technology/systems, risk management, banking operations, finance or equivalent experience preferred
  • Excellent verbal and written communication skills
  • Ability to influence managers across the organisation
  • Strong excel and power point skills

Learn more about this role

Full time

JR-19077831

Manages People: No

Manager:

Talent Acquisition Contact:

Referral Bonus:

Street Address

Primary Location:
67 JALAN RAJA CHULAN, Kuala Lumpur, 50200