Officer, Operations Team Lead

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.

Role Overview

Global Corporate Banking Technology & Operations is seeking to expand its services & infrastructure in Asia.  The business is looking for dynamic and talented individuals to support the strategy in order to meet the regulatory reporting requirements associated with business growth

Key Responsibilities

• Analyse regulatory reports submitted by the Bank and ensure adequate controls are built in the process for accurate and timely reporting

• Establish Quality Check model to ensure error-free reporting to regulators.

• Review Desk Top Procedures for regulatory reports and coordinate with DTP owners for necessary updates if regulators make modifications to the existing reporting guidelines

• Keep track of new / additional reporting requirements from regulators and ensure ownership is assigned for such new reports and updated in DTP

• Identify opportunities for automation.

• Support stakeholders in preparation of Business Requirement Document, preparing test scripts and performing User Acceptance Tests to automate regulatory reports

• Coordinate with Compliance team and Ops Managers and identify opportunities to improve the process and controls

• Review circulars issued by regulators and provide training

• Track timely submission of regulatory reports and publish monthly dashboard to senior management team

Core skills and requirements

• Desired Skills Essential: Any PG with minimum 4-5 years of experience with basic knowledge in banking.

• Essential: Analytical mind-set with Microsoft Excel knowledge (V-lookup, H-lookup) and experience in working with huge datasets.

• Should be solution oriented and look for opportunities to automate. Experience in automated projects will be an added advantage.

• Good written and verbal communication skills

• Ability to manage multiple tasks with accuracy

• Good inter-personal skills