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.
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Job Description
Role is to perform regulatory reporting (NFRR) and client onboarding process for the Global Markets Operations team at Bank of America Malaysia Berhad. Candidate must also be on hand to offer client service functions and deal with all stakeholder queries and manage the relationships between our external and internal stakeholders. Up to date market knowledge and on regulatory changes within the regulatory reporting primarily in Global Market regulatory reporting requirement.Directly interacting with clients and regulators to ensure compliance of regulatory reporting requirement.
Responsibilities
• Prepare and submit all related regulatory reporting primarily Cash BOPs, CCRIS, AOO, OTC and other related Global Market reporting requirement accurately, completely and timely.
• Facilitate the client onboarding process for Global Market counterparties.
• Follow - up and escalate on non- compliance of regulatory requirement
• Liaise with traders, on-boarding team, internal and external clients.
• Source and request SSI and static setup for counterparties and instruments.
• Professional and detailed communication with the relevant stakeholders to resolve differences in a timely matter.
• Uphold controls and procedures for the team.
Requirements
- Presentable, confident and client focused. Client facing experience or ability to conduct discussions with Clients in a confident manner.
• Good communications skills and ability to present to an audience.
• Ability to work under pressure in a team environment.
• Ability to liaise with all levels of the firm and people with different experiences and backgrounds.
• Self-motivated and able to work minimal supervision. Candidate will be able to manage own time and know when to escalate.
• Knowledge of Operational Risk, Sanctions and Funding process
• Understanding of the Malaysia regulatory environment as it relates to banking and Markets products
Other Details
• Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions
• Excels in working among diverse viewpoints to determine the best path forward
• Experience in connecting with a diverse set of clients to understand future business needs - is a continuous learner
• Commitment to challenging the status quo and promoting positive change.
• Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base
• Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world