Vice President, Country Compliance and Operational Risk Manager

Bank of America; Jakarta Pusat; Presencial; IDR 600.000.000 - 1.200.000.000; Jornada completa

Descripción de la vacante

Bank of America Indonesia is seeking a senior Compliance and Risk professional to manage the GCOR program within the country, coordinating with Front Line Units and Control Functions to ensure timely delivery and adherence to standards.

You will maintain regulatory inventories, report to GCOR leadership, engage with regulators, and drive prompt remediation of issues while supporting the bank's Responsible Growth agenda and global compliance framework.

Formación

• Experience interpreting laws, rules, and regulations in a financial services context.
• Strong written and verbal communication in English.
• Ability to lead regulatory risk programs across a country.

Responsabilidades

• Leads the execution of the GCOR Program in the country, delivering each element on time and to standard.
• Provides independent country COR reporting to GCOR leadership and regional management.
• Maintains knowledge of country compliance and operational risks and escalates issues as needed.
• Engages with local regulators and supports responses to regulatory inquiries for COR functions.
• Maintains regulatory inventory, identifies changes, and guides action by COR teams.
• Ensures owned issues are addressed timely in the respective country.

Conocimientos

Attention to Detail

Regulatory Compliance

Risk Management

Written Communications

Active Listening

Critical Thinking

Influence

Issue Management

Policies, Procedures, and Guidelines

Decision Making

Monitoring, Surveillance, and Testing

Negotiation Process Management

Relationship Building

Descripción del empleo

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! Job Description: This job is responsible for ensuring the identification, escalation, and timely mitigation of compliance and operational risks in Merrill Lynch Securities Indonesia and any other countries covered, in alignment with the Global Compliance -- Enterprise Policy, the Operational Risk Management -- Enterprise Policy and the Compliance and Operational Risk Management Program and Standard Operating Procedures.

Job expectations may include providing assistance to business leaders in preparation for FLU/CF regulatory exams/audits/inquiries and Money Laundering Reporting Officer responsibilities.

Responsibilities

• Leads the execution of the Global Compliance and Operational Risk (GCOR) Program in the country, delivering each element on time, and to the required standard, including the effective review and challenge of Front Line Units and Control Functions
• Provides independent country Compliance and Operational Risk (COR) reporting to GCOR senior leaders, country and regional management, and legal entity management via established governance and management routines
• Understands and maintains knowledge of compliance and operational risks in the country and represents GCOR on country senior management and legal entity governance forums, reporting on current state, and escalating issues or concerns, including the communication of emerging compliance and operational risks
• Engages with local regulators, participating in meetings between business leaders and regulators and supporting responses to regulatory inquiries on COR functions
• Ensures maintenance of a comprehensive regulatory inventory for the country, including identification and assessment of law, rule and regulation changes affecting activities in the country, advising business leaders of relevant changes, directing appropriate actions by impacted COR teams, and review and challenge of the overall implementation plan to meet new requirements
• Ensures Compliance and Operational Risk “owned” issues (i.e., Internal Audit, Regulator, and Self‑Identified issues) are addressed appropriately and timely in the respective country

Required Skills

• Attention to Detail
• Interpret Relevant Laws, Rules, and Regulations
• Regulatory Compliance
• Risk Management
• Written Communications
• Active Listening
• Critical Thinking
• Influence
• Issue Management
• Policies, Procedures, and Guidelines
• Decision Making
• Monitoring, Surveillance, and Testing
• Negotiation Process Management
• Relationship Building

Company Culture and Values

At 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 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!

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