Assistant Vice President – Aml Business

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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

The role would own the responsibility to identify, develop and manage the Issue throughout the issue life cycle, collaborate with relevant risk manager and process management pillar, project management, roadmaps deliverables, Control Partner’s management routines, and other governance related routines including regional decks for the global or regional leadership and routines with all key stakeholders.

**Responsibilities**:

- Obtain all relevant information from the LOB to ensure understanding of problem statement
- Development of Issue with risk scoring and root cause analysis
- Complete Action plans for all issues
- Manage all issues through the end-to-end Issue Management Process
- Conduct status meeting with the Front-Line Unit and Control Function (“FLU/CF”) to manage issue
- Review all evidence and provide the Line of Business (“LOB”) feedback prior to submission.
- Escalate any action steps or issues that are at risk for any reason
- Secure all control partners’ approvals
- Share best practices and on-going insight into other issues that could have any overlap
- Ensure Issues under your purview are handled as per the protocol across silos with strong attention to timeliness & accuracy of deliverables, quality of coordination & reporting
- Coordinate Management Routine such as Monitoring and Testing with LOB and Control partners, follow-up on process and response, ensure proper governance; assist with approach to responses, research and tracking for timely submission
- Monitor Management Routine and communicate with relevant stakeholders leveraging on regional forum
- Identify and proactively escalate emerging thematic risk within the customer due diligence processes
- Coordinate across other Risk & Process AML support partners and stakeholders to ensure global process engagement
- Produce the necessary indicators and management reports to allow proper oversight on Risk & Process under your purview
- Responsible to support Senior Leadership Team’s weekly agenda and routine
- Late evening calls can be expected

**Required Skills**:

- University degree in related fields e.g., compliance, operational risk, business administration or equivalent.
- 5-10 years relevant work experience in Risk and Process management
- Experience with AML programs and AML KYC would be a strong advantage
- Strong thought leadership, independent and logical thinker with highly developed problem-solving skills
- A team player, high on collaboration and partnership with peers, partners, and stakeholders
- Strong influencing and persuasive skills, ability to obtaining favorable outcomes
- Effective navigation skill to source required information by engaging with relevant stakeholders
- Ability to read and understand complex matters, anticipate risks, and summarize key information
- Demonstrated ability to quickly build deep and broad business/technical acumen
- Strong communication
- both verbal and written. Ability to translate concepts to executable action & tailor messaging to senior management
- Ability to manage various project timelines with multiple competing priorities with tight deadlines while working in a flexible environment
- Demonstrated track record of delivering results
- Management reporting skills, reasonable expertise in Excel and PowerPoint
- Strong attention to details and organizational 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

**Desired Skills**:

- Working knowledge of Risk Management, Quality Control/Assurance Framework, Audit/Exams, Issues
- Strong knowledge of laws, rules & regulations of APAC countries
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