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Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! Job Description: Head of Finance, Malaysia is responsible for all finance-related activities, which includes, financial reporting, regulatory reporting and all tax related work. The person will be representing finance in ALCO, Board / Management Meetings etc and with external stakeholders like regulators, auditors etc. Directly manages the team of associates. Managerial experience and proven success across Finance, including tax and regulatory reporting is required. Responsibilities: <ul> <li>Leadership and management of all Finance and Tax functions in Malaysia</li> <li>Responsible for Financial Control, regulatory reporting and also coordinate with the Product Control, Business Finance and Tax teams regionally</li> <li>Overseeing the Accounting, Month-end close, Finalization of Annual Audit, etc</li> <li>Regulatory reporting for all legal entities of the Bank in Malaysia</li> <li>Submission of data to regional reporting team for US GAAP consolidation</li> <li>Management Reporting and variance analysis</li> <li>Budgeting and Forecasting</li> <li>Monitoring &amp; supervising all reporting requirements Supporting in Systems Implementation</li> <li>Leading Finance Transformation</li> <li>Coordinate with Corporate Treasury on all Capital and Liquidity ratios as required by local regulators</li> <li> Coordinate with global teams on RRP, Stress testing and capital forecasting​</li> </ul> Skills: <ul> <li>Strong Team Management and Interpersonal skills. Ability to influence and partner with key stakeholders</li> <li>Ability to work in a high pressure and fast changing environment</li> <li>Strong analytical mindset with attention to detail and ability to work with minimal supervision</li> <li>Ability to adapt and flexibility to adjust to new business requirements</li> <li>Qualified accountant, with experience in preparing Financials, Regulatory reporting, Management accounting, financial analysis &amp; planning and Tax matters preferably with multinational operating environments such as Local and Foreign Banks, Audit firms etc</li> <li>Knowledge of local GAAP/IFRS, Central bank regulations, Regulatory reporting, and Tax matters</li> <li>Possess advanced knowledge of Excel and preferably exposure to systems such as Oracle, SAP etc</li> <li>Problem solving abilities, attention to detail, strong work ethic and multi-tasking skills</li> <li>Strong organizational, written, and verbal communication and facilitation skills</li> <li>Leadership and project management skills</li> <li>High integrity and good track record</li> </ul>

Bank of America

Chief Financial Officer, Head of Finance Malaysia, The CFO Group

Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us! Job Description: This job is responsible for ensuring the identification, escalation, and timely mitigation of compliance and operational risks in the countries covered, in alignment with the Global Compliance -- Enterprise Policy, the Operational Risk Management -- Enterprise Policy and the Compliance and Operational Risk Management Program and Standard Operating Procedures. Key responsibilities include proactively engaging with other Compliance and Operational Risk (COR) officers, including Enterprise and Independent Areas of Coverage, to provide comprehensive oversight of Front Line Unit (FLU)/Control Function (CF) activities and preparing materials for COR regulatory exams/audits/inquiries. Job expectations may include providing assistance to business leaders in preparation for FLU/CF regulatory exams/audits/inquiries. Responsibilities: <ul> <li>Leads the execution of the Global Compliance and Operational Risk (GCOR) Program in the country, delivering each element on time, and to the required standard, including the effective review and challenge of Front Line Units and Control Functions</li> <li>Provides independent country Compliance and Operational Risk (COR) reporting to GCOR senior leaders, country and regional management, and legal entity management via established governance and management routines</li> <li>Understands and maintains knowledge of compliance and operational risks in the country and represents GCOR on country senior management and legal entity governance forums, reporting on current state, and escalating issues or concerns, including the communication of emerging compliance and operational risks</li> <li>Engages with local regulators, participating in meetings between business leaders and regulators and supporting responses to regulatory inquiries on COR functions</li> <li>Ensures maintenance of a comprehensive regulatory inventory for the country, including identification and assessment of law, rule and regulation changes affecting activities in the country, advising business leaders of relevant changes, directing appropriate actions by impacted COR teams, and review and challenge of the overall implementation plan to meet new requirements</li> <li>Ensures Compliance and Operational Risk “owned” issues (i.e., Internal Audit, Regulator, and Self-Identified issues) are addressed appropriately and timely</li> </ul> Skills: <ul> <li>Attention to Detail</li> <li>Interpret Relevant Laws, Rules, and Regulations</li> <li>Regulatory Compliance</li> <li>Risk Management</li> <li>Written Communications</li> <li>Active Listening</li> <li>Critical Thinking</li> <li>Influence</li> <li>Issue Management</li> <li>Policies, Procedures, and Guidelines</li> <li>Decision Making</li> <li>Monitoring, Surveillance, and Testing</li> <li>Negotiation</li> <li>Process Management</li> <li>Relationship Building</li> </ul>

Vice President, Country Compliance and Operational Risk Manager

Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! Job Description: Role is to supervise a team that is responsible for Fixed Income, FX and Money Markets asset transfer, settlements, risk, and control for the Global Markets Operations team at Bank of America Malaysia Berhad. Candidate must also be on hand to offer premium Client Service and deal with all stakeholder queries and manage the relationships between our external and internal stakeholders. Up to date market knowledge on key initiatives and developments within the clearing and settlement space as well as regulatory understanding are essential. Directly interacting with Clients on a daily basis, you will be the main point of contact for clients on all operational issues and will act as Client advocate within BofA to ensure all clients’ needs are met. As senior member of the team, there is a focus on leadership, staff development, management best practice and delivering operational excellence. Core Daily Responsibilities: 1) review and approve asset transfers and settlements; 2) ensure accounting entries on the back of the transactions have flowed in correctly; 3) perform approver roles and other tasks to ensure appropriate segregation of duties within the Global Markets Operations team for Bank of America Malaysia Berhad; 4) role will cover managing the tasks and volumes ensuring that all tasks for the day are completed in a timely manner and within deadlines. Elements of manual intervention include additional controls designed to mitigate risks of the manual processes, which together form the manual tasks. 5) ensure all required MI and stakeholder queries are completed in a timely manner as per expectations. Individual will directly interact with Front Office, Sales, Finance, Risk, and Business Supervision for roles 1, 2, 3 and 5 above, and with Regional Management and Senior Management locally on role 4 to ensure that all deliverables are met in a timely manner and accurately. Additional supervisory responsibility for: • Ensuring that the team is complying with GMO, enterprise and regulatory requirements and standards • Ensuring that BofA’s GMO and enterprise risk framework is in place and adhered to • Serving as a key point of contact for Front Office, Compliance, Risk &amp; Control, Country Management, Regional GMO Management, technology, HR, internal and external Audit, and occasional regulatory engagement • Engage closely with Malaysia Fulfilment Servicing (Banking) Operations, and other GMO leaders from APAC branches and hub locations • Strong focus on resource planning, performance management and career development within the GMO team • Driving change programs in collaboration with technology and other partners. Projects may result from business enablement, regulatory requirements or simplification and improvement / operational excellence opportunities • Identifying areas for operational process improvement that help to increase efficiency, reduce risk and cost • Provide key leadership support to the Head of GMO for Malaysia General Requirements: · Presentable, confident and client focused. Client facing experience or ability to conduct discussions with Clients in a confident manner. · Excellent communications skills and ability to present to an audience. · Ability to work under pressure in a team environment. · Ability to liaise with all levels of the firm and people with different experiences and backgrounds. · Self-motivated and able to work unsupervised. Candidate will be able to manage own time and know when to escalate. · Previous experience within a client service team with particular focus on DMA and OTC settlement. · Knowledge of Operational Risk, Client Money Protection and Funding · Strong leadership potential · Exceptional understanding of the Malaysia regulatory environment as it relates to banking and Markets products · Proven leadership ability in a supervisory role, able to develop staff and teams to operate at a high level Other Qualifications ∙ Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions ∙ Excels in working among diverse viewpoints to determine the best path forward ∙ Experience in connecting with a diverse set of clients to understand future business needs - is a continuous learner ∙ Commitment to challenging the status quo and promoting positive change. ∙ Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base ∙ Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world

Assistant Vice President, Markets Support Specialist, Malaysia, Global Markets Operations

Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us! Job Description As a country product manager, reporting to Head of Treasury Product Southeast Asia, the incumbent will manage the development and growth of transaction banking business in the country. The successful candidate will be responsible for managing all the domestic and regional products (payments, collections, liquidity, balance sheet, cards, bank notes and channels) in Kuala Lumpur and will be accountable for the implementation and execution of the strategy determined by the regional team. The role will require to work closely with key internal business partners, particularly sales, client servicing and fulfillment, operations, change management, compliance, legal and technology to commercialize new product solutions and grow the business, ensure compliance with the regulations, improve operational risk and ensure end to end product delivery and performance to our clients. Responsible to drive revenue by teaming up with sales team in creating strategies and initiatives for the same. Responsible for product innovation in local market. Required <ul> <li>Bachelor’s Degree with min 10 years of transaction banking experience</li> <li>Sound knowledge of financial products and solutions</li> <li>Knowledge of tax and regulatory environments</li> <li>Excellent written and oral communication skills in English and local language</li> <li>Strong presentation, consultative and relationship skills</li> <li>Sound knowledge of Microsoft office products i.e. PowerPoint, Excel, Word</li> <li>Understanding of global transaction banking best practices including knowledge about clearing houses and foreign exchange</li> </ul> Desired <ul> <li>Strong leadership, managerial and interpersonal skills</li> <li>Experience of working in leading global bank for over 5 years in transaction banking</li> <li>Regional products &amp; solutions</li> </ul> Bank of America is an equal opportunities employer

4 Jobs in Federal Territory of Kuala Lumpur