Job Description:
About Us
At 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. We’re 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 Services
Global Business Services 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:
The Global Markets NFRR is responsible for the preparation and submission of the NFRR reports on periodic basis and share with the Line of business. Key activities include - Generating the report from the GRRS application- Performing and Analyzing data quality checks- Investigate data issues found- Perform manual adjustments if any- Get signoff from relevant stake holders on the report generated- Archival of Submission and Supporting Documentation. Team also partners and support few other functions like Transformation, continuous improvement and Production Monitoring as horizontals.
Job Description:
As part of the Bank of America Merrill Lynch NTCO Ops, the incumbent will be a part for Global Markets NFRR Team in India
Responsibilities:
The responsibilities of the incumbent would be to support the onboarding and report generation of the report in target state
Design, execute and monitor data quality checks that impact associated reportsLiaise with technology to build these checks in the systemOnce the report is in production, on a periodic basis perform all the below stepsGenerating the report from the target application Performing and Analyzing data quality checks Investigate data issues found Perform manual adjustments if any Get signoff from relevant stake holders on the report generated Archival of Submission and Supporting DocumentationRequirements*
Education*
Graduation/PGCertifications If Any: NAExperience Range* 8+ Years of experience
Foundational Skills*
Strong analytical and fact-based decision making Ability to meaningfully Analyze and report complex data for enterprise and reportingExperience in Auditing or Regulatory ReportingGood Knowledge on Global Markets and different traded products or knowledgeable of consumer products and processes within the bankStrong knowledge of data flow and connection points to determine the appropriate execution of controlsStrong understanding of data controls and the reporting risks that can occurCommunication and Interpersonal Skills: Ability to effectively communicate to Executive Leadership and others levels within the BankStake holder management (internal & external) across regions / functions / lines of businessSound knowledge of Microsoft Office applications – PowerPoint, Excel and Word and ability to work on these without any supportDesired Skills*
Experience Regulatory ReportingWork Timings* 12:30 PM to 09:30 PM IST
Job Location* Hyderabad, Mumbai, Gurugram