Vice President, Business Support Manager

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:

Bank of America operates in multiple countries outside of the U.S., offering a wide variety of products and services to clients. In Asia-Pacific, product offerings are currently centered in corporate and investment banking and securities. Business plans are developed by business group, product, and client segment globally. At the same time, the local economic environment, client needs, and regulatory requirements create the need for a country-level governance of the company’s business. 

The role of Chief Operating Officer, Korea is to support Korea Country Executive and to enable the LOBs to fulfill their governance obligations. The COO also provides advice and leadership towards the achievement of the combined organization’s philosophy, mission, strategy, and its performance plans (goals and objectives). This role is part of the COO’s team and will report to a Business Executive who is responsible for our country Strategic Plans.

In this capacity the Business Support Manager (VP) in the Securities Firm of Bank of America in Seoul plays a key role in assisting the COO management in the firm’s execution of its strategy in APAC. We are looking for an exemplary, self-motivated individual to perform a broad range of functions on strategic and market-based analysis for various new business opportunities and coordination with the line of business and support partners to drive new business initiatives and to satisfy the governance requirement both internally and externally.

You will utilize your extensive business acumen to understand the business models within the industry. You will be a highly effective communicator at all levels of the organization and have the ability to produce financial and other business analysis and deliver high quality presentations that convey highly confidential and sensitive information.

Responsibilities

• Serve as a consultative role in translating measuring, analyzing and reporting business performance for Senior Management
• Conduct structured strategic analysis in relation to market competitors including financial data
• Proactively identify and deliver relevant analytics to address key business needs and drive business growth
• Manage strategic projects and analyses to identify key insights and ensure integrity and accuracy of results
• Establish and execute efficient processes for updating recurring business reporting packages
• Derive business intelligence from internal and external sources and identify new relevant data metrics to assess business performance
• Collaborate with all lines of business to ensure data availability
• Assist with the design, development and the implementation of any regional metrics system and dashboards
• Work with other COO teams on key projects and initiatives and Korea Country COO
• Act as key contact point for all regulatory, business and employee issues impacting Korea
• Take a lead role in the governance routines for Merrill Lynch Seoul Branch Provide leadership and support on regulatory exams in terms of exam management, content and quality of submissions.

Requirements

Work Experience

• Strong business acumen that develops relationships with line of business associates that foster strong ties
• Experience in project management and implementing governance routines
• Communicates effectively with senior management

Technical Skills/Knowledge

• Financial Services knowledge
• Strong communication skills in relation to people at all levels of the organization
• Superior analytical skills with an ability to relate them to business opportunities
• Strong organization and planning skills with the ability to prioritize
• Ability to communicate and present complex information to a broad audience
• Proficiency in Microsoft Excel, PowerPoint and Bloomberg. Demonstrated skills with query, reporting and analysis tools
• Ability to navigate complex/matrix management