Vice President, Testing Specialist

Job Description:

Your background

• 5 + years work experience in related area
• Bachelor’s Degree or equivalent experience
• Excellent knowledge of trading business, markets and products, such as Equities, Futures and Options, Foreign Exchange, Fixed Income and Commodities
• Ability to handle multiple projects in a dynamic environment
• Good understanding of trade surveillance related laws, rules and regulations
• Experience of using surveillance tools, such as SMARTS and Actimize
• Intellectual curiosity, anticipate risk and forward thinking
• Excellent interpersonal, written and verbal communication skill with the ability to communicate at all levels
• Ability to work in a team-oriented environment

What you can expect

EIT is a centralized group within Global Risk Management responsible for independent testing of operational processes within the eight lines of business and enterprise control functions at Bank of America to ensure the company is in compliance with domestic and international laws, rules and regulations, and that risk and controls procedures are operating effectively.

The APAC EIT team is part of the Global Surveillance Testing team within EIT, based in a number of locations in Japan, Hong Kong, India, Korea and China, focusing on market misconduct in Fixed Income, Currencies, Commodities, Equities and Corporate Treasury. The Global Surveillance Testing team consists of approx. 180 surveillance associates dispersed over a number of countries.

The Testing Specialist may direct entry-level testers, test leaders or directly manage a specialty function.  This role is accountable for accurate and timely test execution and/or supports operational and administrative initiative activities related to a Testing Functional area including multiple stakeholders.  This role interacts extensively with internal or external contacts to identify, research, analyze and resolve complex problems.

Daily responsibilities of the Testing Specialist II include execution of test scripts, identifying and documenting defects and providing daily updates to test leads and managers as needed.  This role works closely with Risk, Compliance, and SMEs to conduct testing.

The Testing Specialist II has intermediate knowledge of test execution and system(s) of record required, and translates business strategy into work programs and processes. This role may contribute and/or participate in multiple special projects.

This role is responsible for execution of trade surveillance tests aligned to the Global Banking and Markets division, testing trading activity against Market Misconduct behaviours. Trade surveillance testing underpins one of the requirements of the Compliance and Operational Risk Management Framework and is key in the management and mitigation of Market Misconduct Risk. Daily interaction occurs with senior Compliance and Business Supervision management.

What will you do

• The Testing Manager IC is accountable for test execution for the Independent Testing Function.
• The Testing Manager IC is a highly tenured subject matter expert with strong subject matter expertise of test execution and system(s) of record required and is able to translate business strategy into work programs and processes.
• The Testing Manager IC is accountable for quality testing execution, reporting and analysis of results. This role may lead, contribute and participate in multiple special projects as an experienced subject matter expert of a processes and/or projects.
• Assist in planning and preparation for exams and audits, prepare and gather documents to respond to regulatory inquiries.
• Apply critical thinking skills to make independent assessments, articulate recommendations and defend conclusions.
• Build strong relationships and collaborate with the business and other risk partners including FLU, GCOR, Operational Risk and Legal partners.

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.

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