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Financial Regulatory Reporting Specialist

2 weeks ago

Mumbai, Maharashtra, India Bank of America Full time
Job Description
We are seeking a highly skilled Financial Regulatory Reporting Specialist to join our team at Bank of America. As a key member of our Global Business Services, you will play a crucial role in ensuring the accuracy and integrity of financial data used in regulatory reporting.

**Responsibilities:**
1. Conduct thorough testing of financial regulatory reports to validate data accuracy and compliance with relevant regulations.
2. Collaborate with cross-functional teams, including finance, IT, and compliance, to understand reporting requirements and ensure testing aligns with regulatory guidelines.
3. Develop and execute test plans, test cases, and testing strategies to assess the integrity of financial data used in regulatory reporting.
4. Develop and execute test scripts, analyze results of testing, identify defects and solutions for items out of tolerance.
5. Document and maintain detailed testing documentation, including test cases, test results, and issue resolution.

**Requirements:**
* Bachelors or postgraduate degree in computer application.
* Basic working knowledge of reporting, analysis, accounting, and various finance functions.
* Excellent written and verbal communication skills.
* Ability to effectively manage multiple priorities and work in a fast-paced environment.
* Basic knowledge of testing tools and methodologies, such as Agile tools and testing tools.
* Proficient in the use of Excel, Word, and PowerPoint.
* Ability to assimilate large amounts of information quickly and understand complex methodologies and issues.