Vice President, Asia High Risk detection lead
Bank of America
Vice President, Asia High Risk detection lead
Singapore, Singapore
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**Job Description:**
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**Job Description:**
High Risk Detection Group is part of AML Operations. High Risk Detection Group Support Global Banking (GB) and Global Markets (GM) LOB to detect high risk within business through ongoing monitoring and due diligence. This is managed through 3 Centre of Excellence (COEs) - AML Screening, Client Activity Monitoring and Enhanced Client Due Diligence.
This role is to lead High Risk Detection Group in APAC supporting GB and GM LOB. High Risk Detection Group a global team based in United States of America, United Kingdom, Singapore, India (GBS) and vendor contractors. Candidate must be on hand to manage regional queries stay up to date market knowledge on key initiatives and developments within HRD screening. This role is essential for supporting Asia-specific activities, including local screening oversight, participation in audits and regulatory exams with regional presence, and managing stakeholder engagement and escalations unique to Asia.
**Responsibilities:**
Primary responsibilities include:
+ The HRD AML Operations Manager will be focused on providing individual contributor leadership to the APAC screening within the HRD organization.
+ Applying risk management and governance subject matter expertise across the portfolio to support a culture of risk identification, escalation and timely mitigation of compliance and operational risks.
+ The role requires collaboration with executive leadership, process owners, AML partners, GFC/GC&OR, and technology teams to support internal audits, regulatory exams, issues management, Business Controls team guidance, escalation
+ Reporting of concerns impacting operations, and adherence to the Financial Crimes Global Standards.
**Requirements:**
+ Strong executive presence and communication skills able to target messaging to different audiences by providing consolidated data in a clear and concise manner
+ Working knowledge of Banking & Global Markets products and/or Regulation based Ops processes and/or high volume/large scale back-office operations
+ Ability to manage multiple and competing priorities in a complex environment
+ Execution-oriented with ability to quickly organize work and execute with speed
+ Detail-oriented, while still being able to see the big picture
+ Quickly makes connections and thinks ‘enterprise’
+ Organizationally savvy and strong influence skills
+ Can work across organizational lines and regions to gain consensus and buy-in from senior stakeholders
+ Leverages relationships to influence outcomes and drive decisions
+ Ability to lead across multiple lines of business to orchestrate cohesive risk & controls oversight and process management
+ Ability to partner with, establish credibility with and influence internal and external key stakeholders in a heavily matrixed environment
+ Highly collaborative, execution driven and works through influence and engagement
+ Ability to bring multiple stakeholders together, directly address issues to reach consensus & decisions
+ Demonstrates personal courage
+ Strategic Planning and Implementation experience: Strong analytical, conceptual and problem-solving skills – ability to drive root cause analysis, focus on details, identify issues, prioritize quickly and recommend solutions.
**Desired Qualifications:**
+ Working knowledge of Global Banking & Global Markets and applicable systems/tools
+ Process improvement and six-sigma and/or data analysis experience
+ Bachelor’s degree in related field or equivalent experience
+ ACAMS accreditation
+ Prior experience working with and navigating various bank systems, Interact, Image view and outside Internet sources.
+ Willingly shares knowledge, expertise and best practices with others on the team. AML or compliance-based knowledge is an advantage for this role. (Enterprise Financial Crimes Standard, AML Program); Working knowledge of laws, rules, and regulations and ability to identify and escalate risk.
**Skills** :
+ Adaptability
+ Analytical Thinking
+ Critical Thinking
+ Data Collection and Entry
+ Data Quality Management
+ Collaboration
+ Decision Making
+ Interpret Relevant Laws, Rules, and Regulations
+ Problem Solving
+ Research Analysis
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
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Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank’s required accommodation request process before your first day of work.
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