Assistant Vice President / Senior jobs at Bank Of America in India, Mumbai

, will be involved in designing, running and maintaining daily, weekly and monthly dashboards and provide meaningful insights on current business trends. The incumbent will be required to liaise with onshore partners across global locations on a regular basis to understand the requirements, get fresh reporting requirement, and provide clarifications, among other things.

Skills exposure :Banking industry knowledge/ background would be an added advantage

Knowledge about interfacing models with software applications for enhancing usability

Analytical problem solving, Technical skills (MS Office: Excel & PowerPoint), Communication skills

Requirements

Education:MBA/ PGDM / Maters in Economics / Quantitative Technique & Economics/ Mathematics/ Supply Chain/ Operations/ Statistics/ Data Sciences

Students should be willing to work in any locations namely – Mumbai, Chennai, Gurugram, Gandhinagar (GIFT), Hyderabad as per company requirement

Responsibilities*

• Design, implement, and enhance quantitative models (including risk, statistical, and machine learning models) to support balance sheet management decisions

• Conduct research and analytics on balance sheet-related topics, including asset and liability management, funding strategies, and risk management

• Collaborate with internal stakeholders, including trading desk, finance, and risk management teams, to ensure alignment and effective implementation of balance sheet management strategies

• Develop and maintain automated processes and procedures to ensure efficient and effective balance sheet management

Requirements*

Certifications If Any - CFA/FRM

Experience Range*

8 to 12 years

Foundational skills*

• Advanced degree in quantitative finance, engineering, or a related field, or equivalent work experience

• 8+ years of experience in financial analysis, trading, or risk management, with a focus on balance sheet management

• Programming skills in Python or other object-oriented programming languages, with experience in modeling and data analysis

• Understanding of financial markets, liquidity, and risk management concepts

• Strong critical thinking, attention to detail, analytical, and problem-solving skills

Desired skills*

• Advanced programming skills, including deep knowledge of Python or C/C++, familiarity with data structures and standard algorithms, and design patterns

• Experience with derivatives ( OTC or listed), as well as other financial instruments

• Solid foundation in statistics and machine learning, with experience in applying these concepts to balance sheet management or risk management problems

Work Timings*

12:30 PM to 9:30 PM

Job Description:

Job Description:

Background: You will be part of a Global Markets Technology group responsible for supporting and enhancing an electronic trading platform for the securities and derivatives businesses. The team, while having a global presence, requires experienced, dedicated members to ensure functionality of the platform matches the specifics of the local markets and users.

The culture of the firm is one that fosters excellence, teamwork, learning, delivering and believing in our people. You will be an individual who loves to learn and takes initiative.

Responsibilities:

• You will be involved in supporting and improving a C++ and .NET based trading application for securities and derivatives, covering both front end and server-side development, including working on automated trading engines
• You will be a core member of the global team and will be responsible for the entire delivery pipeline – from gathering requirements, writing tests, developing the system, and working with the tech partners and users to roll out the deliverable
• You will be expected to develop relationships across the regional and global technology partners and user communities as part of the deliverable. Since the team develops and maintains an application for electronic trading, you will have the opportunity to learn and contribute on various other aspects of electronic trading applications used by the firm. This will also offer great networking opportunities with end-users in the financial industry

Skills:

• 8+ years relevant experience in a similar role in Financial Services
• Excellent programming skills using C++. Deep understanding of C++ and Operating system such as Solaris/Linux. Strong knowledge of standard library, STL, containers and algorithms
• Hands-on experience with multithreaded systems and writing low latency code
• Have a good knowledge of network programming and optimization
• Development practices – Practicing Test Driven Development (TDD) and OO design. Should have experience with DevOps tools such as GIT, continuous build, deploy and quality checks
• Excellent communication skills
• A standout colleague - Can independently work with direction from the team lead
• Can demonstrate ability to work in a multi-faceted role (development with some testing, support and analysis)
• Strong attention to detail
• Hands-on approach and willing to investigate problems
• The ability to work across a global organization
• Strong business and data analysis skills
• Hands on experience with database applications using Oracle

Desired Skills:

• Experience supporting Trading desk
• Experience working with agile methodologies
• Demonstrable experience of front office system design and architecture
• Business Knowledge – Understanding of equities and/or derivatives markets
• Knowledge of FIX (heart beating, login, sequence numbers, message types etc.)

Job Description*

This role is of an experienced manager, who is responsible for leading a team to maximize the value delivered through multiple programs/process and/or value streams within complex processes (Responsibilities section below). Their primary responsibility is to manage people, ensuring they are developing through coaching, mentoring, feedback, and hands-on career development. Other key responsibilities include aligning strategy and execution by applying Lean and system thinking approaches to strategy, process operations and governance. This role manages the process, ensures compliance to standards, and drives continuous improvement to operations and governance.

Responsibilities*

• Access Provisioning and De-Provisioning – Leads a team that performs user id administration (additions, modifications, deletions) for operating systems and in-house platforms based on information contained on access administration forms, or pre-defined Role Based Access Control definitions. Should support team with hands on day-to-day BAU work
• Privileged Access Management - Support delivery of Privileged Access Management capabilities associated with UNIX and Linux server systems
• Role Based Access Control - To compile, research, analyze and document data, requirements, workflow/processes, functionality and/or controls for Identity and Access Management team, Role Based Access Control workstream
• Governance & Controls - Enforces security policies by administering and monitoring roles, reviewing violation reports and document controls
• Audit Reports and Inactive users report - Performs inactivity cleanup for users on various applications
• Process building/ Re-Engineering skills - Maintains organization's effectiveness and efficiency by defining, delivering, and supporting strategic plans for implementing information technologies, process improvements & automations
• Risk Management - Review and Monitor the process for risk evaluation and reduction along with audit readiness
• Define responsibilities and supervise the IAM team as per the security operations and controls
• Generate regular reports for management on IAM program status, risks and user activities
• Monitor compliance with financial services policies, regulations, and customer requirements through risk assessments and audits
• Strategic Planning – Align IAM program priorities with the business growth and market trends, ensuring solutions are scalable for future need

Requirements*

BE/BTECH/MCA/MSC (IT) equivalent (Any Technical Degree)

Certifications If Any

CIAM / CISM / CISSP

Experience Range*

12+ years of technology/information security experience with minimum 5 years of IAM and 8+ year of leadership experience

Foundational skills*

• Expertise in leading Identity and Access Management (IAM) managed services delivery or operations. Experience in managing security, provisioning of Infrastructure platforms
• Expert in Privileged access Management maintenance and sustainability
• Understanding on IAM policies and controls/SOX controls/Information Security Controls Expertise in global service delivery in information security domain Expertise in information security industry and regulatory standards, policies, procedures, and control systems
• Excellent leadership, stakeholder management and program management skills.
• Effective verbal, presentation, written and interpersonal communication skills. Good negotiation, conflict resolution and decision-making skills
• Working Knowledge of tools like Powerbroker, CyberARK, Secret Vaults, IIQ
• 2+ years advanced scripting skills/Shell scripting (Knowledge on Python is a plus)
• Experience with Role Base Access Controls / SOD / PAM
• Strong understanding of multiple platforms, (RACF, Active Directory, UNIX and AS/400, Vintella)

Desired skills*

• Knowledge of Cyber Security, Risk Management, Agile stc
• Network / Systems Administration, Excellent Communication Skills
• IAM implementation and managed services delivery experience in technology consulting companies with experience in US banking sector

Work Timings:12:30 to 21:30 (IST)

Mumbai

Process Overview*

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.

Job Description*

The Regulatory Reporting tower comprises of US Regulatory Reporting (CRR) team and Europe Regulatory Reporting (ERR) team. This is a part of the CFO-Global Financial Control organization. Our purpose is to drive high quality regulatory reports through operationally efficient control processes and system solutions to support the production of various regulatory reports as required by the Federal Reserve, OCC, FDIC, PRA, Bank of England, Central Bank of Ireland and other regulators. The group works closely with business and finance units across the organization to gather, analyze and report information under regulatory definition and requirements.

Responsibilities*

• Regulatory Reporting tower is seeking a highly motivated individual seeking to expand their knowledge and expertise. The candidate will be responsible for managing & leading the AnaCredit regulatory reporting category within Europe Regulatory Reporting teams.
• The successful candidate will join a dynamic environment that offers numerous opportunities to learn, grow, impact and drive changes for the Company. In particular, the candidate will:
• Drive timely and accurate production, review and filing of AnaCredit reports
• Review Sign off/Management pack ahead of review by Report owner/Senior Management
• Support Audit/Regulatory examination/Identify and remediate SIAI/AIAIs etc.
• Drive completion/updation of Report Data Dictionaries, Strengthen governance and controls, Operational excellence initiatives
• Work closely with teams across the organization including: GFC-COO team, Enterprise Stress Test, Lines of Business, Operations & Technology, Risk, Compliance, Financial Controls and Oversight, Audit, LEC and other GFC (Global Financial Control) teams to resolve regulatory reporting issues/MIS etc.
• Be a quick learner and possess intellectual curiosity and proactively investigate issues
• Strive for quality and accuracy and have the dependability necessary to meet strict deadlines
• Pay rigorous attention to compliance procedures
• Strong people management skills.

Requirements*

CA/CWA/ CPA + MBA (Finance)

Certifications If Any – NA

Experience Range*

15-17 years of total experience in banking of which at least 10 years of relevant experience

Foundational skills*

• Knowledge and Experience in AnaCredit report category, Understanding of data flows / Systems knowledge
• Experience in reviewing reports with extensive data and attention to details
• Ability to manage multiple stakeholders
• Proficient with working on various systems and applications and understand the data flows
• Ability to deal with ambiguity, Partner with multiple teams viz. Change, Data mgmt., Line of business, senior management, Audit, LOB, Accounting policy etc. and drive open issues to closure, Strong internal and external stakeholder management skills
• Experience of handling queries from Regulators, Auditors and other stakeholders; Experience in regulatory instructional changes, Cross functional projects, strong control mindset
• Strong Process and people leader traits, Communication and influencing skills
• Experience in dealing with one or two Key regulators viz, Central Bank of Ireland, PRA, Bank of England
• Strong Control and governance mindset, Strong Project Management Skills
• Having good exposure to MS office including MS Word, Advanced Excel and Advanced Power point.
• Excellent communication & presentation skills
• Ability to understand the financial statements pertaining to Banking Industry
• Able to excel and influence in engagements within a cross-functional team environment, and so effectively collaborate with team members and business partners to produce quality results
• Strong analytical skills with strong time management skills.
• Detail-focused and structured approach to defining, executing and evidencing deliverables, demonstrating high level of ownership
• Self-motivated and independent having an excellent control mindset (both application and review of control activities)
• Dynamic, high energy, solid work ethic, willing to take and own development initiatives

Desired skills*

• Strong computer skills (advanced excel and macro/access) and Oracle/SAP experiences are preferred
• Exposure to emerging technologies like Alteryx, Tableau, UI Path, etc.
• Understanding of BASEL norms, Capital Markets, Banking products like Deposits, Loans and Leases, Securities, Derivatives & commitments

Work Timings*

11.30 AM to 12.30 AM (13 hour window – 9 hour shift), Stretch basis report requirements and US Stakeholder support needs

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, 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.

Job Description*

This role is for a Business Analyst resource responsible for documenting detailed business requirements in support of the CFO change delivery of programs/projects in the US, EMEA, APAC and LATAM regulatory reporting groups and general ledger operations. The resource will be responsible for (1) understanding the Change, (2) defining and documenting the current state (if applicable) and target state processes and (3) ensuring collaboration with Technology teams & Users until implementation of the Change. It requires working closely with the Business Lead/Product Owner, including upstream / downstream Stakeholders and Technology to ensure all aspects of the change are being considered and prioritized when documenting the requirements. The business requirements are the foundation for the design, build, test, operational / organizational readiness and deployment activities in the life cycle of a project.

Responsibilities*

• Understanding the Regulatory Change and documenting detailed requirements. This includes functional capabilities, workflow needs, business rules, reporting requirements and timelines, etc. Collaborate with the Users & procure all required sign offs.

• Identifying current state processes and the target state scope, objective and business outcomes of the Program/Project

• Identifying any data sourcing requirements, documenting them and coordinating with relevant Teams

• Understanding the in-house & AXIOM design and documenting functional specifications in conjunction to the business requirements

• Creating high quality JIRAs documenting all critical aspects including business requirements, mapping requirements, acceptance criteria, etc. using the BAC enterprise change management templates

• Create process maps or operating model where necessary.

• Walkthrough of the requirements to Technology and participating in the sprint planning along with the Project Manager.

• Collaborating with the test teams to clearly set the expectations from a Quality or User Acceptance Testing perspective.

• Regression before every code release into production.

• Facilitate review sessions with Business, Technology & Testing Teams where relevant.

Experience Range*

3 to 7 years

Foundational skills*

• Experience as a Functional Business Analyst in technology implementation projects, having written Business requirement documents (BRDs)

OR

• Extremely strong Knowledge of US/ EMEA regulatory reports (financial or risk) and Strong knowledge of financial concepts

• Ability to understand complex business processes and breakdown to process components.

• Demonstrate ability to work in a fast-paced, every-changing, highly collaborative environment.

• Strong knowledge of creating process maps

• Strong relationship management and interpersonal skills, ability to build strong rapport, respect and trust with key stakeholders and constituents.

• Professional written and verbal communication skills

• Excellent analytical skills and ability to identify/raise questions, and problem solving capabilities

• Strong organizational skills and attention to detail, and good with numbers

• Proficient with Microsoft Office products (particularly MS Excel, Word, Visio, PowerPoint)

Desired skills

• Exposure to projects in Financial Accounting and reporting (in Financial Control / Product Control/Treasury), and/or in Risk Regulatory reporting(Market or Counterparty risk)in financial services industry

• Expertise in Axiom Regulatory platform (if possible, AXIOM certified)

• Knowledge of Banking and Capital market products

• Understanding of general ledger & trading sub-ledger concepts

• SQL, Database knowledge & ability to analyze data and related flows

• Knowledge of Agile methodology and tools (i.e., JIRA)

• Knowledge of ERP solutions (SAP, Oracle) particularly with general ledger

Work Timings*

11:30 am to 8:30 pm

Job Location*

Mumbai / Gurugram

Process Overview*

Global Information Security (GIS) functions by analyzing, researching, improving, defining, implementing, and executing information security processes defined, in large part, by past high profile audit issues. Key responsibilities include Data Quality management of closed manually identified P2 vulnerabilities, developing an understanding of the LOBs that report vulnerabilities via manual flat file to GIS, following standard practices and procedures in analyzing situations or data, and supporting team members in performing specialized GIS functions, primarily Data Quality assurance. Job expectations include partnering with teams inside, and outside, of GIS, inclusive of GIS, CTI, EET, APS&E, GT Risk, and others.

Job Description*

Position will be a member of the Third Party Cyber Security Alternative Assurance Program (TPAAp) organization in Global Information Security (GIS), responsible for conducting information security assessments of third parties by reviewing independent audit reports (e.g., SOC 2 Type 2, ISO 27001, PCI DSS RoC) or Self Attestation / Assessment reports (e.g., SIG, PCI DSS AoC) to document a point of view on the information security posture of the third party. The position will be a key player in driving strategic initiatives focused on the design of Third Party Alternative Assurance (TPAA) program requirements, governance routines, consequence processes, and third party risk metrics and reporting. In addition to supporting strategic initiatives, the position will include analyzing and interpreting diverse information security risk indicators to deliver actionable insights into third party information security risk and enable prioritized cyber security assurance approaches. Position requires interaction with the third party cyber assessment team, technical subject matter experts, GIS Policy, and the internal and external third party management community.

Responsibilities*

• Candidates must have at least 8-10 years of relevant experience. (Previous information technology/security audit/assessment experience is a plus.).
• Previous security audit/assessment or remediation experience.
• Previous experience reviewing independent audit reports / certification (e.g., ISO 27001, SOC 2 Type 2, PCI DSS RoC).
• Previous experience reviewing self attestation / assessment reports (e.g., SIG, PCI DSS AoC).
• Self-starting, organized, and requiring minimal management oversight.
• Ability to operate across organizational boundaries and hierarchies to accomplish tasks.
• Strong analytical skills/problem solving/conceptual thinking/attention to detail.
• Ability to work effectively with peers and various levels of management.
• Well organized and thorough, with the ability to balance and prioritize.
• Excellent verbal and written communication skills across multiple levels of the organization.

Requirements*

Education* :B.E. / B Tech / M.E. / M Tech / MCA / M.Sc.,

Certifications (If Any) :ISO 27001 LA, Ethical Hacking, CISA, CISM

6 - 9 years

Foundational Skills*

• Experience in Information Security Management
• Experience in Governance, Risk & Compliance
• Experience in internal or external audits
• Experience with ISO 27001 and SOC 2 Type 2 control frameworks.
• Experience in implementing or reviewing ISO 27001, PCI, SOX, etc., controls
• Strong analytical and problem solving skills
• Excellent written/verbal communication skills

Desired Skills*

• Knowledge in Vulnerability Assessments and Application Architecture
• Cloud Security
• Understanding of Networking, Systems Admin, Cryptography, Access Management

Work Timings* :1:30 PM - 10:30 PM

HYD, MUM, CHN