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Assistant Vice President -Business Analyst - GBAM AML Operation

Bank of America

Bank of America

Posted on Friday, July 5, 2024

Job Description:

Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run At our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Job Description:

The APAC Global Banking & Markets Anti-Money Laundering Operations (APAC GB & GM AML Ops) organization is a central control function which governs, facilitates, and oversees the APAC end-to-end AML program across all GB and GM businesses and jurisdictions through implementation of processes and controls to effectively manage AML and economic sanctions risks. This candidate will engage in coordination and oversight of Audit & Exam (AEM) engagement specific to the APAC region (12 jurisdictions).

The role would own the responsibility to pull together Audit & Exam regional dashboards, project management, roadmaps deliverables, and other governance related routines including regional decks for the global or regional leadership and routines with all key stakeholders.

The candidate should have a strong risk management discipline and experience running operational risk processes.

Successful candidate will coordinate, influence, and collaborate closely with all levels of the organization. Strong communication and experience in banking processes, risk management and organizational structure will be helpful in effectively navigating the organization and influencing partners to achieve outcomes.


  • Support creation & maintain key risk metrics and collaborate with other streams within the team (e.g. Audit & Exam management, Risk & Process) to better manage the risk
  • Perform, coordinate and drive data preparation and reviews with stakeholders / requestors at all levels. This includes control reports, regulatory / audit reports, and any other ad hoc requests that may come to the team
  • Conduct data based investigations in accordance with global standards, local policies and procedures whenever required in audit/regulatory exams
  • Build regular or adhoc synthetic and impactful presentations with relevant graphs and comments intended for Management
  • Highlight and escalate issues identified through data reporting and analysis, track deadlines and follow-up on remedial actions with proper action owner, ETA and regular follow-up along the way
  • Create and maintain operational procedures and inventory for documentation and audit purpose
  • Identify new process improvement opportunities and implement solutions
  • Comply with bank's policies and procedures in relation to regulatory reporting
  • Any other data or business analysis related tasks assigned by the manager
  • Late evening calls can be expected

Required Skills:

  • University degree in related fields e.g., compliance, data analysis, operational risk, business administration or equivalent.
  • 5-8 years relevant work experience in Business Analysis, Project Management and Regulatory Reporting
  • Good knowledge about KYC processes and AML regulations
  • Strong analytical skills with the ability to collect, organize, analyze and disseminate significant amount of information with attention to detail and accuracy in context with broader business landscape
  • Critical thinking skills to assess data, artifacts and new or unfamiliar business concepts to draw conclusions that are not readily apparent
  • A team player, high on collaboration and partnership with peers, partners, and stakeholders
  • Effective navigation skill to source required information by engaging with relevant stakeholders
  • Ability to read and understand complex matters, anticipate risks, and summarize key information
  • Demonstrated ability to quickly build deep and broad business/technical acumen
  • Strong communication- both verbal and written. Ability to translate concepts to executable action & tailor messaging to senior management
  • Ability to manage various project timelines with multiple competing priorities with tight deadlines while working in a flexible environment
  • Demonstrated track record of delivering results
  • Self-starter with excellent anticipation skills, problem solving; follow-up
  • Demonstrate dependability and ability to act with a sense of urgency
  • Ability to engage and collaborate with people in all levels of the organization
  • Ability to work well under pressure in a fast paced / complex environment, adapt to unexpected events, prioritize and multi-task in a deadline driven environment
  • Familiar and proficient with excel, macro, Tableau, SQL and SharePoint tool

Desired Skills:

  • Working experience in AML KYC field
  • Working knowledge of Risk Management and Business Controls
  • Collaborative mindset to work as a team