1 week ago
DescriptionAbout UsAt Bank of America, we are driven by a mission to deliver for our clients, teammates, communities, and shareholders through every connection.
We strive to create an inclusive workplace where individuals from diverse backgrounds and experiences can thrive, with competitive benefits for our teammates and their families.
Our approach is centered on collaboration across various roles in our organization, providing flexibility for our employees to grow and succeed.
A Career at Bank of America
Working with us offers a great career path with opportunities to learn, grow, and make an impact, along with the power to drive positive change.
The Role: Regulatory Reporting and Operations Governance LeadThis key leadership position oversees teams responsible for executing regulatory reporting and operations governance functions such as business impact review, risk mitigation, and control issue remediation.
Bank of America Malaysia Berhad provides services to clients including Malaysian financial institutions, multinational corporations, local institutional corporates, and Bank of America affiliate entities.
Global Banking Operations delivers seamless solutions to clients through close collaboration and support from internal business partners.
Key Responsibilities:Lead a team of regulatory reporting and operations control professionals in fostering a culture of excellence and continuous improvement.
Provide training and development opportunities to enhance the team's skills and knowledge.
Collaborate with other operations teams, compliance, technology, sales, product, finance, risk, and technology to ensure deliverables are executed in a cohesive and coordinated manner.
Act as the primary contact point for regulatory authorities, auditors, and internal stakeholders on matters related to regulatory reporting and governance.
Prepare and present reports, recommendations, and investigative findings to senior management, regulatory authorities, and other stakeholders.
Stay up-to-date with industry trends, best practices, and regulatory developments to advise the organization on strategic and operational impacts.
Lead projects and initiatives aimed at improving efficiency, accuracy, and compliance in regulatory reporting.
Develop and implement policies and procedures that support robust regulatory compliance.
Requirements:Minimum 5 years of direct working experience in managing team(s) executing banking operations controls and regulatory reporting.
Bachelor's degree or equivalent.
In-depth knowledge of banking regulations and key statistical regulatory reporting such as Cash BOP and CCRIS.
Strong understanding of data governance, risk management, and internal controls.
Proven leadership skills with experience in managing and developing teams.
Excellent analytical, communication, and interpersonal skills.
Ability to work effectively under pressure and meet tight deadlines.
Proficiency in statistical reporting platforms such as STATsmart and ESS DSS with strong technical aptitude.
Strong thought leadership, independent and critical thinker with highly developed problem-solving skills.
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