Urgent: Team Leader

Overview Bank overview GBS India overview Function Overview Bank of America is one of the worlds leading financial institutions serving individual consumers small and middle-market businesses and large corporations with a full range of banking investing asset management and other financial and risk management products and services We are committed to attracting and retaining top talent across the globe to ensure our continued success Along with taking care of our customers we want to be the best place for people to work and aim at creating a work environment where all employees have the opportunity to achieve their goals We are a part of the Global Business Services which delivers technology and operations capabilities to all Bank of America lines of business LOB and enterprise functions Our employees help our customers and clients at every stage of their financial lives helping them connect to what matters most This purpose defines and unites us Every day we are focused on delivering value convenience expertise and innovation for individuals businesses and institutional investors we serve worldwide BA Continuum is a nonbank subsidiary of Bank of America part of Global Business Services in the bank Process Overview Transaction Reporting Control Group are responsible for ensuring the completeness accuracy and timeliness of the Banks transaction reporting obligations across multiple global regulatory jurisdictions Completeness accuracy and timeliness controls are the primary responsibility of 2 core functions within the Transaction Reporting Operations team The Submission Control function is responsible for monitoring and remediating the internal validation failures and the rejects NACKs from the regulators the team has to liaise with MO FO Tech teams for the root causes of the exceptions Submission control also monitors the trades which are not getting reported within the compliance time for OTC ETD Securities and raise breaches for all timeliness issues that missed the agreed thresholds The Enhanced Quality Assurance team perform post process testing to validate the completeness accuracy and timeliness of the transaction reports submissions through performing reconciliations and targeted deep dive thematic testing Provide a high level overview of the role and scope of responsibilities The current role is for the Client reporting team and below is the description of the role On boarding Query Management and Delegated Reporting for serviced and mandated clients Review good to trade and review if clients are properly set up in the system to enable them to use delegated offerings Issuance of Client Delegated Reporting packs to clients On-boarding and Off-boarding of clients and tracking of current delegated reporting status Review investigate and revert on queries from internal and external clients Monitor and track open queries through to resolution Initiate back loading requests and update requests Production and distribution of daily metrics on reporting on boarding client queries and issues Seek to identify and provide solutions to process improve tasks and service provided Ability to identify potential issues in the process and develop remediation on the same Project ownership Owning both short long term projects in relation to new regulations Assisting with the delivery of multiple technology platforms Looking for opportunities to provide ever improving service to our increasing client base Manage client profile and relationships Mandatory skills Front to back business acumen across multiple asset classes A good understanding of Regulatory Transaction Reporting Good understanding of derivatives Excellent communication skills to liaise with external and internal stakeholders Excellent organizational and analytical skills Ability to work with big data sets and good excel skills Ability to juggle multiple work efforts and to quickly change direction as needed Strong influencing skills Adapts to changes and has a proven track record of working as part of a global team Ability to work under pressure Requirements Please do not fill anything in this cell Job Title Team Leader Education Post Graduation Experience Range 5-7 Years of overall experience Work Timings 12 30 to 21 30 Job Location Hyderabad