girl looking into her desktop
Back to search results

Vice President or Assistant Vice President, Country Compliance and Operational Risk Manager

Tokyo, , Japan

Job Description:

Your background

  • Min 3-5 years’ experience in financial services (involvement in Compliance, Operational Risk, COO preferred) or business (Institutional Global Markets) or regulatory background

  • Exposure to compliance or risk management frameworks

  • Understanding of FICC or other markets business

  • Practical approach to problem solving

  • Ability to work well in a team and also independently

  • Demonstrate intellectual curiosity and focused on continuous learning and skill development

  • Ability to effectively engage with stakeholders at all levels of seniority

  • Strong written and verbal communication skills

  • Proficient in Microsoft Office, in particular Word, Excel and PowerPoint

  • Must be able to perform well under pressure

  • Strong attention to detail and accuracy

  • Motivated

What you can expect

This role reports to the Head of Compliance and Operational Risk in Japan, and works inside and is part of the critical compliance and operational risk function with FICC Compliance colleagues.  The focus of this role is to support FICC business lines.

What you will do

  • Responsible for ensuring the identification, escalation and timely mitigation of compliance and operational risks in FICC and related operations in alignment with the global compliance and operational policies and the program.

  • Proactively engage with other C&OR officers, including horizontal coverage owners and Enterprise Areas of Coverage, to provide comprehensive oversight of Markets respective operations activities.

  • Preparing materials for C&OR regulatory exams/audits/inquiries and provides consultation to business leaders in preparation for regulatory exams/audits/inquiries.

Activities this role performs:

  • Produces the development of independent risk management reporting for areas of coverage as input into country governance and management routines

  • Provides regulators with output of coverage activities when requested

  • Provides subject matter expertise to assist the business in establishing an annual learning plan; accountable for developing and delivering training content

  • Develops and maintains C&OR-owned policies and standards and/or provides oversight of business-owned policies, standards and procedures to ensure regulatory and operational risk requirements are appropriately addressed inclusive of conduct risk as applicable

  • Monitors the regulatory environment to identify regulatory changes applicable to areas of coverage, advises business leaders on those changes, directs the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenges the implementation plan as needed; maintains a comprehensive regulatory inventory

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.

Job Band:

H5

Shift: 

Hours Per Week:

36.25

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Your background

  • Min 3-5 years’ experience in financial services (involvement in Compliance, Operational Risk, COO preferred) or business (Institutional Global Markets) or regulatory background

  • Exposure to compliance or risk management frameworks

  • Understanding of FICC or other markets business

  • Practical approach to problem solving

  • Ability to work well in a team and also independently

  • Demonstrate intellectual curiosity and focused on continuous learning and skill development

  • Ability to effectively engage with stakeholders at all levels of seniority

  • Strong written and verbal communication skills

  • Proficient in Microsoft Office, in particular Word, Excel and PowerPoint

  • Must be able to perform well under pressure

  • Strong attention to detail and accuracy

  • Motivated

What you can expect

This role reports to the Head of Compliance and Operational Risk in Japan, and works inside and is part of the critical compliance and operational risk function with FICC Compliance colleagues.  The focus of this role is to support FICC business lines.

What you will do

  • Responsible for ensuring the identification, escalation and timely mitigation of compliance and operational risks in FICC and related operations in alignment with the global compliance and operational policies and the program.

  • Proactively engage with other C&OR officers, including horizontal coverage owners and Enterprise Areas of Coverage, to provide comprehensive oversight of Markets respective operations activities.

  • Preparing materials for C&OR regulatory exams/audits/inquiries and provides consultation to business leaders in preparation for regulatory exams/audits/inquiries.

Activities this role performs:

  • Produces the development of independent risk management reporting for areas of coverage as input into country governance and management routines

  • Provides regulators with output of coverage activities when requested

  • Provides subject matter expertise to assist the business in establishing an annual learning plan; accountable for developing and delivering training content

  • Develops and maintains C&OR-owned policies and standards and/or provides oversight of business-owned policies, standards and procedures to ensure regulatory and operational risk requirements are appropriately addressed inclusive of conduct risk as applicable

  • Monitors the regulatory environment to identify regulatory changes applicable to areas of coverage, advises business leaders on those changes, directs the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenges the implementation plan as needed; maintains a comprehensive regulatory inventory

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.

Learn more about this role

Full time

JR-21054452

Band: H5

Manages People:

Manager:

Talent Acquisition Contact:

Marion Cecile Gouilly (グイー マリオン セシル)

Referral Bonus:

0

Street Address

Primary Location:
1-4-1 NIHONBASHI, CHUO-KU, Tokyo, 103-0027