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Job ref no.: CT3114387-01#7109

Vice President, Operational Risk Senior Specialist, Global Corporate Investment Banking

Bank of America

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.

Position Description

 

Responsible for assisting in the evaluation of the effectiveness of the Operational Risk Framework within a sub-LOB/ECF/Region. This position also supports the APAC regionally Operational Risk activities (including Legal Entities and Regional Governance Routine) and regulatory engagement (including SFC & HKMA) considering Hong Kong as the hub for the region. The role will report to APAC Regional Head of Operational Risk and support the Hong Kong Operational Risk coverage plus the GCIB coverage (including IBK/CBK/Wholesale Credit)

 

The individual will have responsibility to cover Operational Risk across the GCIB platform in Hong Kong, working with various local Business & Support Partners along with Regional teams to help implement the Bank’s Operational Risk Framework and meeting local management and regulatory expectations.

 

Key Responsibilities

  • Develop/implement routines to capture and analyze information and present independent view of Hong Kong’s Operational Risk Profile (key issues, status of remedial actions, etc.) to senior management
  • Ensure applicable global and local Operational Risk related policies (e.g. Internal Loss reporting) are being adhered to
  • Accountable for all Operational Risk related regulatory submissions and inspections
  • Assist (or drive) Post Mortem incident analysis for significant events or key Operational Risk related projects
  • Conduct Operational Risk training
  • Proactively participate Hong Kong’s Regulatory Governance routines
  • The individual will report regionally into the Asia Pacific Head of Operational Risk

 

Key Requirements

  • Analytical thinker and influencer- able to think strategically, generate innovative ideas, and to translate strategy to execution
  • Strong organizational skills; able to prioritize tasks, juggle multiple projects and follow through
  • Ability to work under pressure and deliver under tight deadlines
  • Excellent written and oral communication skills
  • Self-starter who takes ownership and can prioritize and manage initiatives independently confident relationship manager, interacting with people across the enterprise
  • Ability to learn, use and apply technology and desktop applications to process improvement
  • Ability to drive consensus across a diverse set of stakeholders
  • 8+ years Financial Services experience
  • Understanding of a broad range of financial products Finance/Accounting/Middle Office/Risk Management experience a plus
  • Understanding of global/local regulatory reporting (i.e. Basel II) functions and processes preferred
  • The candidate’s professional experience may include past responsibility for business analysis and process design, program management, and communications.
  • Experience in dealing with regulatory inspections.

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More job information
Job ref no. CT3114387-01#7109
Salary
  • N/A
Job Function
Industry
Experience
  • 8 years - 13 years
Career Level
  • Senior management level
Education
  • N/A