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Vice President, Risk & Control Specialist, Technology & Operations

Singapore, , Singapore

Job Description:

Your background

  • 10+ years of experience or above technology risk management related experience in Banking/FI domain.

  • Bachelor’s degree in IT, minimum 10 plus years of experience, industry certifications (CISA, CISM, COBIT foundation, ISO 27001, etc) preferred.

  • Relevant experience in executing Risk initiatives within a tech risk function, compliance or  technology audit role

  • Experience in leading programs for proactively identifying regulatory risk exposure and potential non-compliant areas

  • Knowledge of APAC regulations & understanding of regulatory risk management preferred

What you can expect

The role will sit within Business Operations and Controls APAC COO function that cut across 12 countries and work with Regional Risk Leads, Controls Functions (Audit and Compliance) to ensure that control gaps are identified and remediated.

You are responsible for the effective implementation of the Bank’s Risk framework and Global Technology and Operations (GT&O) governance routines and requirements, using established tools and documented procedures. This includes documentation to enable tracking, monitoring, and escalation of technology risk related issues to management, and acting as an ambassador of the risk culture.

What you will do

  • Build & manage relationship with stakeholders across APAC Technology & Ops departments and countries

  • Analyse and identify emerging trends, systemic issues and potential technology and operational risks including tracking and management reporting

  • Provides support the delivery of effective governance forums on tech and ops risks including tracking and reporting

  • Develop and socialize potential risk mitigation strategies

  • Assess regulatory (eg MAS, HKMA, CBRC, OJK, RBI, etc) changes impacting technology and operations and drive related risk mitigation program with required stakeholders

  • Manage regulatory relationships, where relevant

  • Work on risk engagement & management and issue identification; in particular E2E risk management includes Enhance Remediation Program, Risk Control Self Assessment, etc.

  • Drive QA (Quality Assurance) testing, Business Continuity for applications, Sustainability Program and new toolset adoption with JIRA for Risk management.

  • Foster the Identify, Escalate, Debate risk culture

  • Identify opportunities for enhancing or streamlining execution of risk management processes; partner across multiple divisions to execute.

  • Collaborate across the CIO group risk leads and enterprise process owners (including Global Information Security) to respond to Internal and External Audits, Exams, and Regulatory/Clearing Inquiries & Assessments.

  • Quality assurance and Global Information Security related findings program oversight

  • Assist business and process owners with remediating the most significant risks including Audit Issues, Self-Identified Audit Issues, Compliance Identified Audit Issues, Regulatory Issues

  • Practice and promote good risk culture and risk management within APAC Technology and Operations groups to manage the risk within bank’s appetite

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:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Your background

  • 10+ years of experience or above technology risk management related experience in Banking/FI domain.

  • Bachelor’s degree in IT, minimum 10 plus years of experience, industry certifications (CISA, CISM, COBIT foundation, ISO 27001, etc) preferred.

  • Relevant experience in executing Risk initiatives within a tech risk function, compliance or  technology audit role

  • Experience in leading programs for proactively identifying regulatory risk exposure and potential non-compliant areas

  • Knowledge of APAC regulations & understanding of regulatory risk management preferred

What you can expect

The role will sit within Business Operations and Controls APAC COO function that cut across 12 countries and work with Regional Risk Leads, Controls Functions (Audit and Compliance) to ensure that control gaps are identified and remediated.

You are responsible for the effective implementation of the Bank’s Risk framework and Global Technology and Operations (GT&O) governance routines and requirements, using established tools and documented procedures. This includes documentation to enable tracking, monitoring, and escalation of technology risk related issues to management, and acting as an ambassador of the risk culture.

What you will do

  • Build & manage relationship with stakeholders across APAC Technology & Ops departments and countries

  • Analyse and identify emerging trends, systemic issues and potential technology and operational risks including tracking and management reporting

  • Provides support the delivery of effective governance forums on tech and ops risks including tracking and reporting

  • Develop and socialize potential risk mitigation strategies

  • Assess regulatory (eg MAS, HKMA, CBRC, OJK, RBI, etc) changes impacting technology and operations and drive related risk mitigation program with required stakeholders

  • Manage regulatory relationships, where relevant

  • Work on risk engagement & management and issue identification; in particular E2E risk management includes Enhance Remediation Program, Risk Control Self Assessment, etc.

  • Drive QA (Quality Assurance) testing, Business Continuity for applications, Sustainability Program and new toolset adoption with JIRA for Risk management.

  • Foster the Identify, Escalate, Debate risk culture

  • Identify opportunities for enhancing or streamlining execution of risk management processes; partner across multiple divisions to execute.

  • Collaborate across the CIO group risk leads and enterprise process owners (including Global Information Security) to respond to Internal and External Audits, Exams, and Regulatory/Clearing Inquiries & Assessments.

  • Quality assurance and Global Information Security related findings program oversight

  • Assist business and process owners with remediating the most significant risks including Audit Issues, Self-Identified Audit Issues, Compliance Identified Audit Issues, Regulatory Issues

  • Practice and promote good risk culture and risk management within APAC Technology and Operations groups to manage the risk within bank’s appetite

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-22088345

Band: H5

Manages People:

Manager:

Talent Acquisition Contact:

Adeline Chan

Referral Bonus:

0

Street Address

Primary Location:
2 HARBOURFRONT PLACE, #02-01, Singapore, 098499