Our purpose as a firm is to make financial lives better, through the power of every connection. Across the world, we partner with leading corporate and institutional investors through our offices in more than 40 countries. In the U.S alone, we serve almost all Fortune 500 companies and approximately 59 million consumers and small-business customers. We provide a full suite of financial products and services, from banking and investments to asset and risk management. We cover a broad range of asset classes, making us a global leader in corporate and investment banking, sales and trading. Connecting Asia Pacific to the World Our Asia Pacific team is spread across 23 offices in 12 markets. We are focused on connecting Asia to the world and the world to Asia, using our global expertise to ensure success is shared between us, our clients and our communities. Our regional footprint covers 12 currencies, more than a dozen languages and five time zones, placing us firmly among the region's leading financial services companies.
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.
Bank of America Merrill Lynch is an equal opportunities employer.
Position Description The Business Control Specialist will be part of the Global Technology & Operations (GT&O) Business Control Monitoring & Readiness (BCMR) team. You will be responsible for supporting the governance and management of operational risk and controls across 3,500 employees, 250+ high risks processes, 300+ critical applications in the Asia Pacific region. The role will drive and coordinate risk management initiatives, issue management activities as well as provide visibility into regional risks, issues and mitigation to regional & global stakeholders through prompt and appropriate management reporting. This position will require strong collaboration with senior members within the GT&O divisions and control functions across the Bank. Key Responsibilities
Oversee the implementation and monitoring of processes and controls, ensuring compliance with both local & global mandates
Perform risk analytics to monitor and test the effectiveness of key controls as well as status of mitigation and action plans
Provide management reports & metrics for tracking, monitoring, and escalation of risk related issues to management
Provide oversight and monitoring over regulatory responsiveness and regulatory change activities in the region
Acts as an ambassador of the risk culture
Proactive risk identification, evaluation and monitoring practices
Strong problem solving and analytical skills
Understanding of regulatory risk management and Asia Pacific regulations preferred
Experience in leading programs for proactively identifying regulatory risk exposure and potential nonconformance areas
Information technology/systems, risk management, banking operations, finance or equivalent experience preferred
Experience with developing MIS with an intent to conduct Data Analytics & Modeling
Strong interpersonal, oral and written communication skills as position presents to and/or interfaces with cross-enterprise business partners
Strong excel and power point skills
Posting Date: 06/06/2018 Location: 2 QUEEN'S RD - CHEUNG KONG CENTER - Hong Kong