Assistant Vice President, Senior Business Control Specialist

  • Competitive
  • Singapore
  • Permanent, Full time
  • Bank Of America / Merrill Lynch
  • 15 Oct 18

Assistant Vice President, Senior Business Control Specialist

About Bank of America Merrill Lynch:

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 40 countries. In the U.S alone, we serve almost all Fortune 500 companies and approximately 59 million consumers and small-business customers. 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 23 offices 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.

Bank of America Merrill Lynch is committed to attracting, recruiting and retaining top diverse talent from across the globe. Our diversity and inclusion mission is to actively promote an inclusive work environment where all employees have the opportunity to achieve personal success and contribute to the growth of our business. Each of our global Employee Networks bring together employees, create dialogue and awareness in support of our Diversity and Inclusion mission.

Bank of America Merrill Lynch is an equal opportunities employer.

Position Description

  • This role will assist in the execution of internal operational process, discipline and excellence within the AML Onboarding Inline Quality Assurance team and across multiple lines of business in the bank.
  • The person who assumes this role will execute on horizontal oversight controls for operational processes to drive adherence to regulations, laws, policies, and standards.
  • They will also ensure effective quality assurance practices are in place through the development and implementation of standards, controls, and metrics from compliance partners.
  • This role provides analytical support in executing internal control discipline and operational excellence within Global Market Operations.
  • They will gather and organize data in order to monitor and test the effectiveness of key controls and status of action plans and prepare documentation for tracking, monitoring, and escalation of risk related issues to management.

Key Responsibilities
  • The strongest candidates will have a passion for problem solving, great partnership and communication skills, deep operational subject matter expertise, and the ability to envision, communicate and execute strategic planning and remediation of issues
  • This role will have senior leadership exposure opportunities across the enterprise, allowing the right person to expand their network and expertise

Key Requirements
  • Must have 1-2 years' experience with the following: Research/Documentation, Anti- Money Laundering /Customer Due Diligence
  • An adaptable, independent leader capable of assessing business problems, project deliverables and interdependencies holistically, and managing and escalating issues/risks to key stakeholders and leadership in a timely fashion.
  • A problem solver who can manage through some ambiguity successfully.
  • Strong communication skills and the ability to synthesize information in order to drive team to results.
  • Proactive, able to connect the dots and make sense of information across multiple data points upstream/ downstream that may not be easily noticeable.
  • Ability to work in a fast-paced environment where business needs/ priorities may change
  • Excellent time management skills and ability to juggle multiple competing priorities
  • Identify and track issues/ trends and identify actions to resolve issues and mitigate risks

Posting Date: 20/09/2018
- Singapore

Full / Part-time: Full time
Hours Per Week: 40