דרושים ב-Bank Of America ב-Brazil, São Paulo

Job Description

The CFO Group is currently searching for a Legal Entity Controller Specialist to join the Global Legal Entity Controllers team in Brazil. This job is responsible for performing financial reporting for one or more legal entities ensuring books and records are kept in accordance with US and local Generally Accepted Accounting Principles (GAAP) as well as supporting local regulatory reporting. Key responsibilities include performing activities for the month-end close process such as preparing, recording, reconciling, and reporting financial results in addition to financial regulatory reporting and financial statements preparation. Job expectations include reviewing, analyzing, and preparing statutory accounts and regulations and their calculations.

Responsibilities

• Engages in the month-end close process for US and local Generally Accepted Accounting Principles (GAAP);

• Prepares monthly, quarterly, and annual legal entity reporting and analysis to meet regulatory reporting requirements and requirements of the Executive Management Team and Board of Directors;

• Responsible for local financial reporting especially the Central Bank reports (CADOCs);

• Oversight of US regulatory reports of local legal entities;

• Supports income tax provisioning and preparation of tax returns;

• Preparation of audited financial statements, with engagement with all involved stakeholders;

• Ensures an appropriate internal control environment is established by overseeing it operates effectively within areas of responsibility and appropriately escalating issues as needed;

• Remains updated and aware of regulatory changes, continuously assesses and enhances regulatory reporting processes, and improves the quality of regulatory submissions;

• Partners with regulators, auditors, tax authorities, business units, and other internal teams, including Global Regulatory Reporting and Corporate Tax, with regards to local accounting and reporting.

Qualifications

• Experience in products related to Banking and Markets;

• Desired a 10+ years of experience in Accounting (or correlated area);

• Expert in BRGAAP (+Cosif) with solid knowledge in US GAAP / IFRS accounting skills, with active Local CPA (CRC);

• Strong problem solving, analytical and communication skills to make sound and independent judgment and decisions under rapidly changing and often stressful environment;

• Highly motivated, pro-active, self-starter, multi-tasking and committed to getting the job done;

• Able to work under pressure and tight deadlines;

• Graduated with degree in Accounting, Business Administration, Economics and correlated areas;

• Fluency in English (written and spoken) – Spanish is desired;

• Strong ability in Excel, Oracle and SAP.

Skills

• Attention to Detail;

• Analytical Thinking;

• Financial Accounting and analysis;

• Continuous Improvement;

• Oral & Written Communications;

• Stakeholder Management;

• Process Management;

• Risk Management;

• Policies, Procedures, and Guidelines Management.

Responsibilities:

• Govern and control project and test delivery processes, ensuring adherence to timelines and quality standards;

• Track progress and prepare clear, accurate reports and dashboards for management;

• Define and monitor KPIs and performance metrics;

• Coordinate with cross-functional teams to align priorities and resolve issues;

• Support agile practices and continuous improvement initiatives.

Requirements:

• Solid experience in project/portfolio management and governance;

• Strong organizational and prioritization skills;

• Proficiency in English (written and spoken);

• Knowledge of agile methodologies and metric tracking;

• Ability to manage multiple workstreams simultaneously;

• Proactive, detail-oriented, and results-driven;

• Strong communication and stakeholder management skills;

• Comfortable in dynamic, fast-paced environments.

Skills:

• Attention to Detail;

• Project Governance and Control;

• Monitoring, Reporting, and Test Management;

• Process Performance Management;

• Adaptability;

• Critical Thinking;

• Stakeholder Communication;

• Data Management and Metrics Analysis;

• Policies, Procedures, and Compliance Management;

• Process Design and Continuous Improvement;

• Strategic Thinking;

• Agile Methodologies;

• Tool Proficiency (Jira, Octane).

Preferred Qualifications:

• Familiarity with Brazilian Cash Management products;

• Hands-on experience with Jira and Octane tools.

This job is responsible for managing complex/strategic product(s) and developing strategies across functional groups and/or within a product group. Key responsibilities include managing the full marketing cycle and financial responsibilities for specific product areas and driving innovative idea generation for the products under management. Job expectations may include leading a team to ensure that the product management efforts are integrated with sales, technology, implementation, and servicing.

Responsibilities:

• Oversees a set of product(s) and maintains financial responsibility, including accountability for profit and loss activities such as revenue, profit margins, etc.
• Identifies and creates plans for product development, supporting the creation of sales training programs, and marketing materials to educate clients and internal teams on product capabilities.
• Understands product functionality, marketplace trends, and the competitive landscape to provide awareness of trends to sales and marketing teams.
• Develops and/or influences product strategy, driving products in cash management to provide comprehensive solutions across the bank.
• Partners with internal stakeholders to obtain meaningful insights about markets, clients, and competitors in order to develop products that solve client needs and ensure high adoption rates.
• Drives transaction and revenue growth and manages associated financial processes (i.e., forecast, monthly flash reporting, etc.).
• Collaborates with internal technology subject matter experts and researches product-related trends in order to provide an integrated and automated client experience.

Skills:

• Process Management;
• Product Design and Development;
• Product Management;
• Project Management;
• Strategy Planning and Development;
• Business Acumen;
• Innovative Thinking;
• Leadership Development;
• Performance Management;
• Agile Practices;
• Business Development;
• Oral Communications;
• Process Effectiveness;
• Relationship Building;

Responsibilities:

• Fundamental Credit Analysis of Financial Institution (FI) and Non-Bank Financial Institutions (NBFI) clients (including assessment of source of repayments, financial analysis using the CAMELS format) across Latin American countries, including Brazil;

• Engage Global Credit and Banking teams to obtain credit allocations;

• Perform comprehensive and in-depth client and industry research;

• Participate in due diligence sessions and client-facing meetings;

• Be accountable for active client monitoring with a regular review and update of the analysis of counterparties and existing risk ratings as well as the regulatory framework and macroeconomics information of the relevant covered Latam countries;

• Engage in other credit related activities including presentations to senior management and local regulatory attributions.

Skills:

• Bachelor's degree in Accounting, Business Administration, Economics or Engineering;

• 4 to 6 years of experience (including internship or full time) in Credit areas of Financial Institutions, Rating Agencies, Equity Research or related areas;

• Strong analytical and technical skills, including financial accounting and IFRS9 reporting standards;

• Ability to understand and represent more complex oriented transactions/deals in oral & written form;

• Solid MS Word, Excel and PowerPoint;

• Team player, excellent communication and interpersonal skills, proactive and hands-on approach;

• Fluent in English and Portuguese;

• Advanced Spanish will be a strong differential.

Job Description:

Job Description:

This job is responsible for leading production in Global Data and Reporting Operations (Cadastro). Key responsibilities include managing daily account set up related activities to ensure adherence to deadlines, quality standards, policies, procedures, and regulatory requirements. Job expectations include balancing caseloads, serving as a liaison with sales working with client outreach teams to obtain documents, and assisting in implementing new processes to improve the overall operating model. Also this role will be responsible for the active participation on the Core Area’s BAU activities such as account set up, maintenances and refresh and all the respective controls and supervision.

Responsibilities:

• Leads Global Markets and banking RDS team (account set up), supporting the execution of day-to-day activities while adhering to timelines and requirements;

• Conducts daily tasks and applies judgement during decision making, ensuring all operations are carried out in an appropriate and effective matter;

• Balances case workloads across team members based on skillset and capacity and actively work on BAU when necessary;

• Partners with sales and other operational teams to remove impediments and roadblocks within processes and agree on prioritizations;

• Assists in efforts to identify and escalate issues and concerns within processes to ensure timely mitigation of risks;

• Supports the implementation of new processes to improve the overall operating model;

• This position may also have responsibilities for managing associates, not exclusively;

• Manager of Process & Data: Demonstrates and expects process knowledge, data driven decisions, simplicity and continuous improvement;

• Enterprise Advocate & Communicator: Delivers clear and concise messages that motivate, convey the “why” and connects contributions to business results;

• Risk Manager: Leads and encourages the identification, escalation and resolution of potential risks;

• People Manager & Coach: Knows and develops team members through coaching and feedback;

• Driver of Business Outcomes: Delivers results through effective team management, structure, and routines.

Key responsibilities:

• include providing quality service and effective operations support for internal business partners and other support areas;

• Expected seniority to work in a moderate level of independence and good judgement for escalations and concerns/opportunities sharing;

• Performs account set up process with the team;

• Providing support for business and operations on questions;

• Proactively identifies risk and opportunities for process improvement based on an understanding the work impacts other units;

• Monitor and controls deliverables , BAU or tests.

Skills:

• Customer and Client Focus;

• Excellent communication skills;

• Active Listening;

• Ability to work under pressure;

• Advanced English Level mandatory;

• Excels in working among diverse viewpoints to determine the best path forward;

• Experience in connecting with a diverse set of clients to understand future business needs - is a continuous learner;

• Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base;

• Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world;

• Coaching;

• Drives Engagement;

• Retention;

• Talent Development;

• Business Operations Management;

• Process Performance Measurement;

• Quality Assurance;

• Risk Management;

• Adaptability;

• Interpret Relevant Laws, Rules, and Regulations (Bank and Broker Dealer);

• Process Management;

Responsibilities:

• Manage relationships with the business and technology leaders, and vendors for technical products;

• Be accountable for solution delivery management as relevant to their teams (for example, prioritizing tech debt, compliance and security items, and supporting audits);

• Be accountable to ensure all relevant risk, financial, and compliance polices and standards are met;

• Be accountable for the application performance in production (app health, resiliency, performance, security, enterprise data management standards, audit exams and reviews);

• Create the technology strategy for their technical domain;

• Ensure that execution is aligned with product strategy by working with Product Management, Product Owners, and other stakeholders;

• Create an inclusive and healthy working environment, and help to resolve organizational impediments/blockers;

• Lead and create followership in Communities of Practice in the organization;

• Accountable for team/program level resource and financial management; build and maintain teams through talent acquisition;

• Set maturity objectives and provide individuals/teams with training and resources to achieve them;

• Set and track quality and performance objectives;

• Facilitate performance and career development of individuals through performance reviews, coaching, and building individual development plans that are needed to develop competencies and skills;

• Understand individual and team maturity and performance through team/client feedback.

Skills:

• Experience and thorough understanding of Software design & testing engineering. DevOps & Release Automation, Application & Data Architecture

• Experience and thorough understanding of Brazil’s technology landscape & regulatory landscape

• Knowledge of Brazil financial market, products and associated regulatory regime;

• Legacy and new technology architecture and operating platforms;

• Significant ability to manage multiple reporting lines, matrix structures and diverse teams;

• Ability to build strong relationships based on good listening skills, attention to detail, clear communication, transparency, trusted opinion, portrait political acumen;

• Strong leadership and team management skills. The new leader needs to very closely manage the group on the ground, to assess the talent bench, manage performance for quality delivery and retain and nurture key resources to be future leaders;

• Disciplined and hands on leadership skills. Capable of coping with multiple requests, short deadlines, delivering the messages in executive manners timely (Decks/presentations, email channels, all hands, regulatory meetings);

• Deep understanding of functional and technical architecture, blueprints and able to help create and socialize roadmaps aligned with global strategic directives and local requirements;

• Fluent in Portuguese, English and preferably Spanish;

Provides general legal counsel on employment and benefits related matters in Brazil and across LATAM, as well as providing specific advice on contentious and non-contentious HR related queries and actions. Reviews legal contracts and documents. Individuals in this position typically have a minimum of six years of experience post qualification. The role is located in our Bank of America offices in Sao Paolo.

Responsibilities:

The primary responsibility of this role is to provide first class, commercial and risk-appropriate legal advice to HR in Brazil and across the LATAM region. This lawyer will have day to day interaction with the HR generalists and country HR partners in the different LATAM jurisdictions. The role requires close liaison with other control functions as well as internal and external lawyers. The role will build a strong relationship with HR and LOB clients and must have the ability to identify practical legal solutions and make recommendations. It will involve:

• Managing and advising on the legal/reputational and regulatory risks arising at all stages of the employment cycle in accordance with the bank's risk framework and culture.

• Acting as strategic partner to the business, assisting the business to weigh the risk/reward balance whilst acting responsibly;

• Managing queries from HR and the business, including Compliance, Risk and Audit on a range of issues;

• Working closely with the HR legal team, together with other lawyers;

• Providing regular training to HR on employment law matters, frequently asked questions and HR legal documents;

• Engaging and managing outside counsel in a cost-efficient manner;

• Providing advice in respect of the HR aspects of data privacy issues;

• Advising on the HR elements of M&A activity, out­sourcing and other transactional projects;

• Working closely with Brazil Bank Associations on regulatory matters as required.

Experience and Skills:

• In-house employment lawyer with experience of employment laws and regulations in Brazil and across the LATAM region

• Law degree required (must have passed Brazilian bar exam and must have valid BAR license

• Strong post qualification experience

• Fluent spoken and written Spanish and English required

• Large law firm training and/or in-house Legal department experience in the area of employment law in Brazil and LATAM region, preferably in financial services (or with clients in that area)

• Experience in advising on HR regulatory issues

• Ability to manage responsibilities across multiple jurisdictions and time zones and manage a high volume of work and clients in a fast-paced environment

• Ability to communicate clearly and persuasively, both verbally and in writing, and to adapt to a variety of audiences

• Ability to be successful in a global, matrixed organisation

• Well-grounded in principles of common law, employment law and contract law

• Proficient in Word, Excel and PowerPoint