Vice President, Senior Vice President, Third Party Oversight Lead

  • Competitive
  • Singapore Singapore Singapore SG
  • Permanent, Full time
  • Bank Of America / Merrill Lynch
  • 26 May 18 2018-05-26

Vice President, Senior Vice President, Third Party Oversight Lead

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 mission.

Bank of America Merrill Lynch is an equal opportunities employer.

Position Description
Global Wholesale Banking Technology & Operations is seeking to expand its services & infrastructure in Asia. The business is looking for dynamic and talented individuals to support the strategy in order to meet the growth demands from clients and client management groups in the product areas of Payments/Wire, Trade & Credit Services, Bank Notes, Commercial cards etc. We are looking for a leader with Third Party (vendor and/or partner) experience to become the Regional Third Party Oversight Lead for APAC Technology & Operations ("T&O"). The Regional Third Party Management Lead will:

  • Work with the T&O Third Party Portfolio Executives (TPPE) and their regional Vendor Managers to oversee the compliant execution of the Third Party Program Standard in APAC.
  • Advise the regional T&O Senior Leadership Team on their Third Party Program accountabilities and work with regional Vendor Managers to provide oversight to Third Party risk throughout the Third Party lifecycle.
  • Manage a team of regional Third Party associates
Key Responsibilities
As APAC Technology & Operations Third Party Oversight Lead, the responsibilities will include:
  • Provide governance and oversight of Third Party Program adherence and execution for the regional portfolio of third parties across all T&O divisions.
  • Provide regional oversight, monitoring and analysis of related risks and issues impacting the APAC region.
  • Analyze regional T&O third party scorecard data and provide full commentary on performance and remediation activities to regional governance routines as appropriate.
  • Engage with regional T&O Process Owners (such as members of the APAC T&O senior leadership team) and their support team via their third party portfolio management routines.
  • Chair the monthly regional T&O governance forum to discuss and challenge regional performance across all phases of the third party program across T&O divisions.
  • Provide stakeholder engagement with all regional T&O Enterprise Vendor Managers and Third Party partners in relation to their third party portfolio's program adherence and execution.
  • Representing T&O at the regional Third Party Advisory Council (TPAC) led by Global Procurement.
  • Acting as the single point-of-contact in APAC for T&O third party management regulatory self-assessments and tracking of regional impacting audit issues to remediation.
  • Lead and support in region the build-out of global T&O third party initiatives in close collaboration with global T&O Third Party Oversight team and other relevant stakeholders
  • Ensure regional activities are closely aligned with the global T&O Third Party Oversight program to ensure consistency of approach and direction.
  • Provide the regional T&O Chief Operating Officer(s) with an end to end view of the regional T&O third party landscape including current and emerging risks and mitigating actions.
Key Requirements
As APAC Technology & Operations Third Party Oversight Lead your skills will ideally include:
  • A Senior Leader with Third Party Program knowledge and past relevant experience in executing third party compliance and risk programs in accordance with regulatory guidelines provided by OCC or other regional regulatory authorities would be a key strength.
  • Experience in managing financial services (global banking and markets) vendors within a third party program would be an advantage.
  • Experience in managing third parties in a technology, operations or similar environment would be an advantage.
  • Sourcing/Procurement experience would be an advantage.
Desired Skills
As APAC Technology & Operations Third Party Oversight Lead your competencies will ideally include:
  • Ability to develop strong relationships with business partners.
  • Must be self-motivated and results oriented.
  • Must be able to deliver results with limited direction and supervision.
  • A drive for achieving operational excellence, with strong attention to detail.
  • Proven ability to learn and adapt.

Posting Date: 10/05/2018
Singapore, , 2 HARBOURFRONT PLACE #02,
- Singapore

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