Assistant Vice President – Audit and Exam
19 hours ago
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
The role would own the responsibility to pull together Audit & Exam regional dashboards, project management, roadmaps deliverables, and other governance related routines including regional decks for the global or regional leadership and routines with all key stakeholders.
**Responsibilities**:
- Document the methodology for Audit and Exam Management and ensure proper communication and adherence from all internal stakeholders
- Ensure Audits & Exams under your purview are handled as per the protocol across silos with strong attention to timeliness of deliverables, quality of coordination & reporting
- Coordinate Audit & Exam with internal stakeholders and auditors, follow-up on process and response, ensure proper governance; assist with approach to responses, research and tracking for timely submission
- Identify and proactively escalate emerging thematic risk within the customer due diligence processes
- 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 AEM AML support partners and stakeholders to ensure global process engagement
- Identify issues and/or control improvements for remediation and escalation
- Produce the necessary indicators and management reports to allow proper oversight on Audit and Exams under your purview
- Responsible to support Senior Leadership Team’s weekly agenda and routine
- Act as the Single Point of Contact for Audit and exams under your purview and become a key contributor of the risk culture within APAC GB & GM AML Ops
- 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 Regulatory exam 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 and Exams
- Strong knowledge of laws, rules & regulations of APAC countries
- Critical thinking skills to assess data, artifacts and new or unfamiliar business concepts to draw conclusions that are not readily apparentStrong research and analytical skills and attention to detail but in context with broader business landscape
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