Vice President - Audit and Exam - GBAM AML Operations

Job Description:

Your background

• Minimum 12 – 15 years relevant work experience with AML programs and Regulatory exam management
• Minimum 4 – 6 years of experience in leading & managing team
• Experience in Regulatory data reporting
• Demonstrate ability to think strategically and execute tactically
• Ability to understand complex matters, anticipate risks, and summarize key information
• High attention to details and strong organizational skills
• Strong written and verbal communication skills
• Self-starter with excellent anticipation skills, problem solving; follow-up
• Demonstrate dependability and ability to act with a sense of urgency
• Ability to engage and collaborate with people in all levels of the organization
• Ability to work well under pressure in a fast paced / complex environment, adapt to unexpected events, prioritize and multi-task in a deadline driven environment
• Strong leadership presence

What you can expect

The APAC Global Banking & Markets Anti-Money Laundering Operations (APAC GB & GM AML Ops) organization is a central control function which governs, facilitates, and oversees the APAC end-to-end AML program across all GB and GM businesses and jurisdictions through implementation of processes and controls to effectively manage AML and economic sanctions risks. This candidate will engage in management and oversight of Audit & Exam engagement & issues specific to the APAC region. Additionally, the candidate will have responsibility in Regulatory data reporting. The candidate should have a strong risk management discipline and experience running operational risk processes.

What you will do

• Exercise full leadership and ownership on Audit & Exam team performance including timeliness of deliverables, quality of coordination & reporting
• Manage Audit & Exam engagement, process and response, ensure proper governance and protocol is followed; assist with approach to responses, research and tracking for timely submission
• Manage Regulatory & GFC Risk Assessments and Survey reporting, regular and off-cycle Regulatory requests on customer due diligence information. Ensure adequate reporting governance, challenge data sanity and approach; track timely submission
• Oversee APAC Regional Risk and Control Self Assessments (RCSA), identify and proactively escalate emerging thematic risk within the customer due diligence processes
• Engage with APAC GB & GM AML Ops Process Owners and GB & GM COOs to review and debate potential pipeline issues; engage with Corporate Audit and GFC partners during Issue identification, action plan review/approval and audit validation.
• Actively liaise and manage relationship with APAC Financial Crimes and Compliance and Corporate Audit for processes supported by APAC GB & GM AML Ops
• Coordinate across other AML support partners and stakeholders to ensure global process engagement
• Identify issues and/or control improvements for remediation
• Act as an ambassador of the risk culture
• Late evening calls can be expected

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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