3 Days Left Manager

About UsAt 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 Were 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 Global Business ServicesGlobal Business Services GBS delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed globally integrated delivery model and globally resilient operations Global Business Services is recognized for flawless execution sound risk management operational resiliency operational excellence and innovation In India we are present in five locations and operate as BA Continuum India Private Limited BACI a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services Process Overview Global Finance was set up in 2007 as a part of the CFO Global Delivery strategy to provide offshore delivery to Line of Business and Enterprise Finance functions The capabilities hosted include Accounts Payable General Accounting Reconciliations Treasury Management Support on Capital Liquidity and Balance Sheet Management Management Reporting Analysis Research Analytics Financial Transaction Processing Finance Systems Support Regulatory reporting Over the years the scope of Global Finance has been expanded to include operations for other enterprise control functions like Human Resources and Risk and Compliance The Global Regulatory Reporting GRR function a part of the Global Financial Control organization within the CFO Group is responsible for accurate filing of non-liquidity related financial regulatory reports including call reports cross-Border BEA and state fillings FINREP COREP AnaCredit Statistical reporting This job is responsible for assisting in providing risk oversight and advice to the Line of Business LOB on risk management issues Key responsibilities include monitoring and adhering to risk management policies limits standards controls metrics and thresholds within the defined corporate standards assisting in conducting execution of risk framework activities including independent monitoring and testing of controls and risk management processes for the LOB This role aligns to the Global Regulatory Reporting GRR Team within the CFO Global Financial Control GFC department GRRs purpose is to drive high quality regulatory reports through operationally efficient processes to support the production of various regulatory reports as required by Regulatory authorities Primary responsibility for this role is to execute the Quality Assurance QA function for GRR The teammate in this role will work closely with the QA Team Lead and regulatory reporting Subject Matter Experts SMEs to validate the completeness and accuracy of GRRs high risk reports The role will have responsibility for reviewing GRRs end to end processes to ensure that the data inputs into the related reporting are complete and accurate GRRs processes including regulatory aggregation and reporting logic are being performed as intended and produce expected outcomes and GRRs controls are being executed correctly and working effectively The QA team will rotate through GRRs submissions and will be expected to identify define and implement Operational Excellence opportunities In addition the role will require reviewing leveraging and supporting updates to Business Requirement Documents Data Dictionary documentation and Desktop Top Procedures Responsibilities Assists in establishing and overseeing the risk management governance structure for the Line of Business LOB Assists in conducting execution of risk framework activities including monitoring and testing of controls and risk management processes for the LOB Ensures adherence to the policies and procedures established by the company Requirements Education Chartered Accountant or post-graduate degree in businessExperience Range Overall 7 years minimum 4 years of regulatory reporting Audit Risk Data or other relevant financial services or banking industry experienceFoundational skills Strong background in financial regulatory reporting in the US the UK and Europe Deep understanding of prevalent regulatory environment and emerging regulatory expectations Experience of working as a product controller for derivatives fixed income equities or retail banking products Demonstrates a healthy skepticism and ability to partner with multiple stakeholders including third-party vendor to understand findings for root cause analysis Controls mindset with ability to perform root cause analysis and design adequate solutions Strong written and verbal communication Committed to continuous improvement of processes to maximize effectiveness and improve efficiency Proven ability to work in a collaborative environment to achieve stated objectives Strong organizational skills and attention to detail and good with numbers Proficient with Microsoft Office products particularly MS Excel Word Visio PowerPoint Desired skills Experience of reading and writing SQL queries TOAD Tableau Experience in working with large datasets Work Timings 11 30 am to 8 30 pmJob Location Mumbai