field_remote_option

field_job_occupational_field_parents_all

job_upgrade_is_featured

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: The candidate will support the In-Line Quality Assurance (ILQA) team in mitigating risk across the Global Operations organization. Leads a team of analysts responsible for monthly control execution within a LOB. Directly supports execution and management of the ILQA Program through various initiatives to drive process improvements and control performance sustainability. This role requires a strong operational risk and compliance background, Risk Framework (QA Standard) knowledge, understanding of AML requirements and testing across multiple Jurisdiction. Acts as an ambassador of the risk culture and will support testing inspections, control oversight and execution. Responsibilities: <ul> <li>Overseeing the performance and productivity of ILQA team members responsible for conducting or coordinate Quality Inspection reviews.</li> <li>Ensuring the prompt execution of quality assurance activities, including control execution, case assignments, and timely reporting results.</li> <li>Supporting initiatives aimed at enhancing the success of the Quality Assurance program.</li> <li>Providing support for regulatory examinations, internal audits and other monitoring and inspection reviews.</li> <li>Collecting data and information related to inspection metrics to support governance activities for dashboard reporting.</li> <li>Collaborating with key business stakeholders across FLU and other Enterprise partners including Refresh Operations, COS, Compliance, Screening and GFC. </li> <li>Leverage data to identify trends and pinpoint areas for improvement to reduce operational risk.</li> <li>Develop action plans for both short -term and long initiatives aimed at mitigating future risk.</li> </ul> Required Skills: <ul> <li>2 or more years in Quality Control/Assurance Testing, Management, Process Risk Control (PRC), Risk Control Self-Assessment (RCSA), internal audit, risk management, process improvement, compliance, front line control role or similar business control experience.</li> <li>5-7+ years’ experience leading highly productive teams in a fast-paced environment.</li> <li>Diverse working experience across multiple lines of business and functions.</li> <li>Ability to critically think and problem solve when escalations arise.</li> <li>Strong communication abilities, organizational skills, and attention to detail.</li> <li>Strong research and analytical skills – Ability to prioritize effectively, a self-starter, organized, capable of performing work independently with minimal direction.</li> <li>Proficient computer/software skills - Experience with Microsoft Word, Excel, Power Point, Outlook, SharePoint, etc.</li> </ul> Desired Skills: <ul> <li>Working knowledge of Risk, Quality Control/Assurance Framework.</li> <li>Knowledge or experience with Anti-money Laundering concepts/regulations or ACAMS Certification.</li> <li>Previous work experience in one or more of the following areas: risk, compliance, audit, operations and/or controls.</li> <li>Foundational knowledge of general bank policies, specific to data and privacy.</li> <li>Bachelor’s degree in related field or equivalent work experience.</li> </ul>

Bank of America

Vice President, Business Control 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: This job is responsible for supporting the execution of substantive money laundering, economic sanctions and fraud compliance and operational risk practices. Key responsibilities include assisting Global Financial Crimes executives and managers with activities that support the identification, escalation and timely mitigation of compliance and operational risks in alignment with the Compliance and Operational Risk Management (CORM) Program, the Financial Crimes and Global Compliance - Enterprise Policies and the Enterprise Fraud Risk Management Standards. Responsibilities: <ul> <li>Support execution of the financial crimes program in the Asia Pacific region, including but not limited to regulatory change, financial crimes policies and procedures management, risk assessments, issue management, monitoring and testing as well as any global or regional driven initiatives and projects, with specific focus on South-East Asia.</li> <li>Good understanding of regulations in the Asia Pacific region, with specific focus on Thailand and Philippines AML/CFT/Sanctions regulations.</li> <li>Supports the coordination and review of Front-Line Unit escalations on financial crimes inquiries, risks, and concerns, including but not limited to deals, new products and customer due diligence in Asia Pacific region, with specific focus on South-East Asia.</li> <li>Supports the development and maintenance of financial crimes owned policies and standards, and reviews relevant Front-Line Units/Control Functions-owned policies and standards to ensure that regulatory requirements and operational risks are appropriately addressed.</li> <li>Assists in the production of independent financial crimes risk management reporting to Global Compliance &amp; Operational Risk (GC&amp;OR) Senior Leaders and FLU/CF Senior Leaders.</li> <li>Assists in the monitoring of changes in regulations applicable to Global Financial Crimes, including advising business leaders, directing the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenging the implementation plan as needed.</li> <li>Contributes to risk coverage plans, executes independent risk monitoring, testing, and risk assessments.</li> <li>Supports with escalating financial crimes related compliance and operational risks and issues to appropriate governance routines, management/board level committees.</li> <li>Assists in the identification, aggregation, reporting, and escalation of the remediation and thematic analysis of FLU/CF-owned issues and control enhancements related to financial crimes.</li> <li>Assists in the review of, including the development of remediation plans to strengthen controls and providing oversight to ensure they are addressed appropriately.</li> </ul> Skills: <ul> <li>Stakeholder Engagement, across all working levels including senior management</li> <li>Regulatory Compliance</li> <li>Monitoring, Surveillance, and Testing</li> <li>Critical Thinking</li> <li>Risk Management</li> <li>Issue Management</li> <li>Policies, Procedures, and Guidelines Management</li> <li>Written Communications</li> <li>Talent Development</li> <li>Coaching</li> <li>Reporting</li> </ul> Minimum Education Requirement: <ul><li>University/college degree OR equivalent working experience in Self-Regulatory Organization/Government Entity experience</li></ul>

Vice President, Global Financial Crimes Specialist

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! Key Responsibilities: Cash Operations <ul> <li>Manage and control daily operations and administration of the cash operations unit covering cash counter, check clearing, time deposit, audit confirmation and related regulatory reporting</li> <li>Manage, coach performance of employees, vendor staff and unionized staff to achieve excellent results, including ensuring strong awareness of the Bank’s operation risk management procedures</li> <li>Ensure timely adherence to SLA, regulations and internal procedures and policies, including timely and effective escalation</li> <li>Ensure standardization of processes to achieve efficiency and customer delight. Review and document non-standard processes in accordance with the Bank’s procedures and policies. Escalate/Risk accept where required</li> <li>Implement strong internal control systems and monitor their effectiveness, not limited to review of daily control checklist/health indicators, update desk top procedures, share knowledge and adopt best practices, manage remediation of audit/self-identified findings</li> <li>Ensure effective business continuity plan is in place</li> <li>Represent the Bank in Markets/Regulators engagement. Lead, direct, monitor the delivery and implementation of regulatory/markets initiatives on payment systems. Co-ordinate with Product, Technology and all Key Stakeholders to ensure successful implementation</li> <li>Support the Bank’s digital/transformation strategy</li> </ul> Key Requirements: <ul> <li>Minimum 5 years of direct working experience in leading cash operations function</li> <li>Strong people manager</li> <li>Knowledge on local and cross border payments e.g SWIFT, payment channels</li> <li>Knowledge of all applicable regulatory reporting requirement and guidelines</li> <li>Hands-on in key regulatory reporting e.g AML CTR, ITRS, etc. reporting is an added advantage</li> <li>Project management and change management skills</li> <li>Sound knowledge of procedures and risk management/effective Quality Assurance</li> <li>Ability to work with a sense of urgency to meet internal and regulatory deadlines and address competing priorities.</li> <li>Ability to manage alliances, relationship with regulator(s), internal/external stakeholders, cross functional initiatives and process integration</li> <li>Solid knowledge on problem analysis and problem-solving</li> <li>Effective written, listening and verbal communication skills</li> <li>Self-motivated, diligent and meticulous</li> </ul>

3 Jobs in Metro Manila