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Urgent! Officer/Assistant Vice President - AML Refresh Operations - Global Banking and Global Markets Job Opening In Singapore, Singapore – Now Hiring Bank of America
Job Description:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection.
We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth.
This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact.
Join us!
Job Description:
The Periodic refresh Team are a part of Global Banking & Global Markets Operations which ensures the Periodic Refresh or reviews are completed within the stipulated timelines as per their dynamic risk rating.
The Team works with refresh analyst globally and ensures the regulations for corporate clients are satisfied.
The Team more over acts as a support function and performs processes like Document Gap analysis, Document Reviews and Enrichment of cases.
The team participates in periodic internal and external audits, regulatory submissions and furnish refresh datapoints to relevant stakeholders.
The Role
Full Time Employee to support the AML/CDD, Global Banking and Markets Refresh process.
The team covers Periodic Refresh or reviews & CKYC (Centralized KYC) as its core activities and are responsible for completing AML/CDD checks in line with country standards and CIP/CDD procedures.
Responsibilities:
Perform document Gap analysis with available documents and ensure it meets the regulation.
Perform CKYC Process and ensure timeliness.
Provide support to Periodic Refresh or reviews by conducting required validations and other sub processes that might be required to fulfill the checklist.
Be well versed & ensure any new regulations improvised/altered or added by regulator are put to implementation.
Partner with colleagues in Banking, Sales, FLU cross regional teams and other groups as needed.
Partner with MLRO for cases where guidance or relevant approvals are required to help complete refreshes on time.
Monitor and understand the risks and impacts of non-compliance with KYC processes, including restrictions, closures.
Participate in internal & external audits which requires deep research and investigation skills.
Provide support in any remediations which might have tight deadlines.
Prepare the MIS & Control reports and ensure the various stakeholders queries are answered.
Challenging the status quo and suggest process streamlining where required.
Embrace a collaborative and output-oriented culture.
Skills:
Initiative: Identify process improvements, demonstrate a 'self-starter' behavior and a willingness to help others, and show potential to require minimal supervision.
Excellent proficiency using Microsoft office products, particularly Microsoft PowerPoint, Excel, Word.
Excellent interpersonal skills for motivation, collaboration and encouragement.
Excellent communication skills to demonstrate collaborations with various groups as and when required.
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Unlock Your Officer Assistant Potential: Insight & Career Growth Guide
Real-time Officer Assistant Jobs Trends in Singapore, Singapore (Graphical Representation)
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Great news! Bank of America is currently hiring and seeking a Officer/Assistant Vice President AML Refresh Operations Global Banking and Global Markets to join their team. Feel free to download the job details.
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An organization's rules and standards set how people should be treated in the office and how different situations should be handled. The work culture at Bank of America adheres to the cultural norms as outlined by Expertini.
The fundamental ethical values are:The average salary range for a Officer/Assistant Vice President AML Refresh Operations Global Banking and Global Markets Jobs Singapore varies, but the pay scale is rated "Standard" in Singapore. Salary levels may vary depending on your industry, experience, and skills. It's essential to research and negotiate effectively. We advise reading the full job specification before proceeding with the application to understand the salary package.
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Before the Interview:To prepare for your Officer/Assistant Vice President AML Refresh Operations Global Banking and Global Markets interview at Bank of America, research the company, understand the job requirements, and practice common interview questions.
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