Risk & Control - Quality Control

  • Competitive
  • Hong Kong
  • CDI, Plein-temps
  • Bank Of America / Merrill Lynch
  • 25 sept. 17

Risk & Control - Quality Control

Job Description:
About Bank of America Merrill Lynch:
Our purpose as a firm is to make financial lives better, through the power of every connection. Across the world, we partner with leading corporate and institutional investors through our offices in more than 40 countries. In the U.S alone, we serve almost all Fortune 500 companies and approximately 59 million consumers and small-business customers. We provide a full suite of financial products and services, from banking and investments to asset and risk management. We cover a broad range of asset classes, making us a global leader in corporate and investment banking, sales and trading.

Connecting Asia Pacific to the World
Our Asia Pacific team is spread across 23 offices in 12 markets. We are focused on connecting Asia to the world and the world to Asia, using our global expertise to ensure success is shared between us, our clients and our communities. Our regional footprint covers 12 currencies, more than a dozen languages and five time zones, placing us firmly among the region's leading financial services companies.
Bank of America Merrill Lynch is committed to attracting, recruiting and retaining top diverse talent from across the globe. Our diversity and inclusion mission is to actively promote an inclusive work environment where all employees have the opportunity to achieve personal success and contribute to the growth of our business. Each of our global Employee Networks bring together employees, create dialogue and awareness in support of our Diversity and Inclusion.

The role is within the COO/BTSG organization and will be responsible for establishing and leading the QC function.

Key Responsibilities:-

  • QC (Quality Control) Framework Implementation for Equity Technology
  • Develop QC plan by Line of Business tailored for each product area
  • Write up of QC report, presenting to management and development team.
  • Identification and analysis of Code of Conduct for different regulators in the region
  • Gap analysis of Code of Conduct for major markets in APAC
  • In the event of non-compliance devise plans to take prompt action and effective remedial actions.
  • Thematic Analysis of Audit Issues / Regulatory Issues / Technology Incident root causes and conducting a broader impact analysis of this
  • Keep abreast of changes in regulation in APAC and identifying Technology impact
  • Sustainability check on all previously closed Audit Issues / SIAIs / Regulatory Issues
  • Integrate QC into regional and global QC program
  • Analysis of previous Audits & Regulatory Exams to ascertain impact / sustainability
  • Maintain QC metrics to assess performance
  • Involvement in compliance, audit driven assessments with internal/external parties.

Knowledge & Experience:-
  • At least 5-7 years' experience in conducting IT & Financial Market reviews
  • Strong knowledge and understanding of equity markets
  • Experience of risk and controls
  • Experience in a front office financial markets environment.
  • Experience interacting with internal/external stakeholders at all leaves including senior/executive management
  • Experience with auditors and regulating bodies.

Bank of America Merrill Lynch is an equal opportunity employer.

Posting Date: 11/09/2017
Location: HK--Hong Kong

Full / Part-time: Full time
Hours Per Week: 40