Compliance and Operational Risk Governance Specialist
2 weeks ago
About Bank of America:
At Bank of America, we strive to create a better future for individuals, businesses, and communities worldwide. Our commitment to responsible growth empowers us to innovate, invest, and build lasting relationships.
We're dedicated to being a great place to work, valuing diversity and inclusion. Our benefits package supports our teammates' physical, emotional, and financial well-being.
Job Role:
This position is critical in driving financial crimes compliance and operational risk management in the Asia Pacific region. Your primary responsibility will be to assist Global Financial Crimes executives and managers in executing strategic initiatives to prevent and mitigate financial crimes risks.
Main Duties:
- Support the development and implementation of financial crimes prevention strategies.
- Collaborate with Global Financial Crimes teams to monitor and report on financial crimes risks.
- Design and implement comprehensive financial crimes policies and procedures.
- Advise business leaders on regulatory compliance matters and provide guidance on policy updates.
- Participate in risk-based monitoring and testing activities to ensure ongoing risk mitigation.
- Review and assess the effectiveness of existing financial crimes controls and recommend improvements.
- Escalate financial crimes-related risks and issues to senior management and governance committees.
Desired Qualifications:
- Strong understanding of financial crimes regulations and compliance frameworks
- Experience in risk management and mitigation strategies
- Effective communication and stakeholder engagement skills
- Leadership and project management capabilities
- Analytical and problem-solving skills
- Data analysis and reporting expertise
- Policies, procedures, and guidelines development
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