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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.
Treasury Fulfillment, Service & Operations is responsible for the end-to-end implementation, servicing, and operations of all treasury and depository solutions for corporate, commercial and business banking clients globally, and for treasury operations in Canada, EMEA, Latin America and Asia.
We are looking for an Operations Team Lead with 5 years of experience for the Fulfillment, Service & Operations team in Malaysia. If you have experience in payment operations and regulatory reporting function, good understanding of Bank Negara Malaysia regulations, sound knowledge of risk management and quality assurance, this is an opportunity you do not want to miss.
Primarily responsible for the production of regulatory reporting for FSO not limiting to ITIS, CCRIS, PIDM reporting
Represent the Bank as one the primary liaison with Bank Negara Malaysia and other regulators e.g. Paynet, PIDM. Point of contact for ad-hoc queries, escalation, projects and any related communication on regulatory reporting matters
Liaison with other departments/business units in collating data required for regulatory reporting. Ensure roles and responsibilities are clarified and followed through
Execute sound internal control procedures over the production and submission of regulatory reporting to ensure accuracy and timeliness of reporting to prevent penalties from BNM
Keep abreast with regulatory changes and execute the regulatory obligations/reporting governance process i.e. from the issuance of the regulation to implementing the regulation including completing quality assurance programs
Manage compliance and audit controls, timely mitigation/remediation of risks related to regulatory reporting
As delegate to the Reg Reporting Head, manage effective resource planning, forecasting and staffing of teams, establish training requirements to ensure high performance/competent staffing level
Execute and integrate new capabilities as required to facilitate regulatory reporting. Lead and support regulatory reporting projects
Execute business continuity and event management processes
Minimum 5 years of direct working experience in payment operations and regulatory reporting function
Good understanding of the BNM regulations
Knowledge on local and cross border payments e.g. SWIFT, payment channels
Knowledge of BNM regulations and applicable regulatory reporting requirement and guidelines
Hands-on in key regulatory reporting e.g. ITIS, CCRIS, PIDM reporting is an added advantage
Project management and change management skills
Sound knowledge of procedures and risk management/effective Quality Assurance
Ability to work with a sense of urgency to meet internal and regulatory deadlines and address competing priorities.
Ability to manage alliances, relationship with regulator(s), internal/external stakeholders, cross functional initiatives and process integration
Solid knowledge on problem analysis and problem-solving
Effective written, listening and verbal communication skills
Self-motivated, diligent and meticulous
Posting Date: 09/07/2018 Location: 67 JALAN RAJA CHULAN - Kuala Lumpur - Malaysia