Vice President, Consultant- Risk Technology, Technology Infrastructure


Company:: Contact Singapore
Location:: Singapore, SG | United States, US
Job Type:: Full Time
Category:: Asset Management


Posted:: 12/15/2012

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Job Description

Bank of America is one of the world's largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk-management products and services.

The company provides unmatched convenience in the United States, serving more than 59 million consumer and small business relationships with more than 6,100 retail banking offices, nearly 18,700 ATMs and award-winning online banking with nearly 29 million active users. Following the acquisition of Merrill Lynch on January 1, 2009, Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes serving corporations, governments, institutions and individuals around the world.

Bank of America offers industry-leading support to more than 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients in more than 150 countries. Bank of America Corporation stock is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.

Assist the Regional Risk Lead with improving the overall risk and compliance culture within TI in the Asia Pacific region.
Work and coordinate with Operational Risk Leads in Asia for risk reporting functions and risk / control assessments.
Consolidation and preparation of the following Risk Reports for tracking and remediation on a monthly basis:-
- Regulatory exam issue status.
- Audit issue status.
- Self Identified Audit/Risks issue status.
- Keeping track of all regulatory and audit inspections affecting ET&D in the region and the deliverables for each.
- Keeping track of the progress of all self identified audit issues and risks on the Bank's IRAT system and ensuring that the system accurately reflects the status of each risk and that none of them will exceed 90 days from entry to closure.
- Coordinating with Functional Team Leads in obtaining documents and materials required for Regulatory and Audit exams.
- Monitoring action plans to ensure the timely mitigation of all audit and regulatory identified risks that are outlined in specific targeted milestones.

Company Description

Contact Singapore is an alliance of the Singapore Economic Development Board and Ministry of Manpower. It aims to attract global talent to work, invest and live in Singapore. With offices in Asia, Europe and North America, Contact Singapore is the one-stop centre for those who wish to pursue a rewarding career in Singapore, as well as individuals and entrepreneurs who are keen to invest in or initiate new business activities here. Contact Singapore actively links Singapore-based employers with global talent and provides updates on career opportunities and industry developments in Singapore. We work with public and private sector partners to facilitate the interests of potential individual investors in Singapore.

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