Vice President, APAC Fees & Billing Team Lead






Position summary

Job Description:

Your background

·         At least 10 years of financial markets experience working in an operations, middle office, or front office role.

·         Excellent communication skills dealing with senior level management & analytical skills.

·         Proven experience in people management, strategic planning, risk management and change management.

·         Strong people management skills with the ability to bring multiple stakeholders together and directly address issues to reach consensus and decisions.

·         Ability to operate and collaborate across wide span of stakeholders including Business/ Sales, senior management and regulators/ auditors.

·         Control focused mindset and good understanding of regulatory and reputational risks.

·         Excellent communications skills and ability to present to an audience.

·         Independent and ability to multi-task and meet multiple timelines.

·         Ability to work under pressure in a team environment.

·         Self-motivated, driven and dedicated with desire to excel consistently.

Other Qualifications
·         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

What you can expect

APAC Fees & Billing (F&B) is seeking a team lead to provide oversight and management for the APAC F&B team, consisting of 1 AVP, 2 Associates and a GBS team.

The candidate will be responsible for:

  • Implementation of global strategy for Fees and Billings teams in Singapore

  • Managing goals and objectives-setting, performance reviews, recruitment, coaching and training programs

  • KRI and MI reporting, including periodic review of KRIs to ensure appropriateness

  • Participant and signer for various UAT events

  • Incident remediation, partnering with Ops Risk and Business, to ensure root cause identification and mitigating control design

  • Work with Business to expand F&B coverage in APAC and provide client service of high standard

  • Risk and Control representation for Fees and Billing CSA team, working with local and regional Ops Risk, Compliance and other internal control groups to ensure adherence to enterprise and group standards

What you will do

Main Duties/Responsibilities:

  • Supervising the BAU work in Fees and Billing. Work with business , finance and other stakeholders to keep the process timely and accurate,

  • Servicing Global Priority Clients’ soft dollar statements and payments

  • Resolving internal and external client issues for soft dollar statements and payments

  • Ensure the accurate capture of trades, balances and payments for the monthly statements

  • Reconciling and maintenance of client soft dollar statements

  • Liaising with internal payment teams to ensure timely vendor payments

  • Perform issuance of invoices for research services

About Bank of America 
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 35 countries. In the https://U.S. alone, we serve almost all of the Fortune 500 companies and approximately 67 million consumer and small-business clients. 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 19 cities 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.

Why you should apply for a job to Merrill:

  • 4.6/5 in supportive management

  • 80% say women are treated fairly and equally to men

  • 80% would recommend this company to other women

  • 60% say the CEO supports gender diversity

  • Ratings are based on anonymous reviews by Fairygodboss members.
  • After working one year, employees can take up to 16 weeks of paid maternity, paternity, and adoption leave.

  • Life Event Services team provides resources and benefits for life events like retirement; loss of a loved one; or gender transition.

  • Employee Financial Services offers U.S. employees financial education and special access to financial products, services and expertise.