דרושים Assistant Manager ב-Bank Of America ב-India, Chennai

The current role is for the Submission control and below is the description of the role.

• Deliver on project commitments and goals, on-time and with agreed upon scope.
• Good understanding of Regulatory reporting land scape for CFTC, EMIR, HKMA and AMRS
• Data mining of huge data sets containing millions of records to identify target issue
• Exposure of working on regulatory queries and reaching out to Compliance/DTCC/Regulator to get clarity
• Good understanding of timeliness requirement for different jurisdictions
• Experience in using BI tools like Alteryx and Tableau to automate reports
• Well versed in identifying a regulatory breach and raising it with the compliance team
• Deliver for business partners: FO, BO and Cirrus Development teams, MO change management teams, Regulatory Operations Control team, Business Analyst team, and senior management team.
• Create and maintain strong relationships with stakeholders and Business partners.
• Identify tech issues, raise JIRAs and work with Development teams to fix the issue
• Collaborate with all submission control teams to update the TREF (Transaction Reporting Executive forum) deck with executive summary and commentary
• Should be a team player and should have the ability to work on all BAU reports
• Attend and contribute to team meetings
• This is a very hands on role, ideal for someone with drive and willingness to learn and adapt, is proactive and has very good knowledge about the reporting regulation and the reporting system architecture Responsibilities
• Ensuring the completeness, accuracy and timeliness of transaction reporting submissions across multiple regulatory regimes (e.g. Dodd Frank, EMIR, MIFID/MIFIR, etc.)
• Engagement in designing, implementing and maintaining operation process
• Generate daily reports and analyze patterns to derive meaningful information
• Management reporting and issue escalation and resolution
• Remaining current on the Regulatory Reporting landscape to ensure the firm’s reporting remains in step with changes in regulatory environment

Responsibilities:

• Responsible for working closely with GTR and Industry Working Groups(WG)
• Host WG calls with various internal groups to implement the industry/regulatory changes for MAS, HKMA and other Asian jurisdictions
• Track the progress of the implementation of changes and work closely with various team in FO/MO/Dev teams and Reporting Dev team
• Responsible to document the changes and work closely with the compliance teams
• Raise breach as per the guidelines and ensure remediation of the issue
• Investigate and identify the root cause for the Transaction Reporting breaks and coordinate with FO/MO/Tech to fix them
• Review controls on regular basis and challenge status quo
• Work with change and initiative team on new changes and provide requirement for controls ahead of going live with new jurisdiction.

Requirements:

Post Graduation
Certifications If Any : NA

9+ Years of overall experience

Foundational Skills

• Knowledge and experience with Global Markets regulations such as Dodd Frank, HKMA, ASIC, MAS and EMIR
• Solid trade processing knowledge; front, middle and back office, (FO, MO, BO).
• Familiarity with counter party clearing: LCH. Clearnet (London Clearing House), Chicago Mercantile Exchange, Intercontinental Exchange (ICE), CBOE, OCC highly desirable.
• Strong analytical skills and experience working with large data sets in Excel.
• Excellent organizational skills to track many concurrent activities.
• Strong communication skills, both written and verbal.
• Ability to work independently and assess relative priority among competing issues

Desired Skills

• Adapts to changes and has a proven track record of working as part of a global team
• Ability to assess and mitigate risks and dependencies.
• Excellent communication and relationship building skills.
• Proactive and self-starter

: 12.30 to 21.30 IST

Responsibilities

Consolidation of all key Scorecard metrics (Operations, People, Shareholder, Risk) for all sub-LOB’s

Managing Forecasting, Financials, budgets and Headcount Management

Govern different tool at GBS or Operations level which are developed as a control for remediating audit issues

Drive Operational Excellence by consistently striving to achieve responsible growth

Interactions with various stakeholders, including senior management

Escalate issues in a timely manner

Requirements

Education- Minimum Graduate

• Certifications – Process Excellence, PMP (Optional)

: Overall experience of 9+ years

Foundational Skills :

• Expert level written and verbal communication skills, strong decision making ability and attention to detail are equally important.
• A self-motivated, structured and logical thinker
• Excellent analytical and problem solving skills, ability to demonstrate decisiveness and sound sense of judgment, knowing when to escalate
• Experience in managing small / medium-size / large projects/ Stakeholder / Client Management
• Attention to detail, delivering high quality output
• Strong assertiveness, listening, influencing and diplomacy skills
• Partnership and communication skills (verbal and written)
• Must be exceedingly well organized, flexible and display strong prioritizing, planning and organizing skills
• Strong controls background with previous experience of implementing and maintaining key business controls
• Should be a team player with strong execution focus
• Ability to work well with and communicate with others, from teammates to executives
• Ability to juggle multiple work efforts and to quickly change direction as needed
• Strong knowledge of MS Office, including Word, Excel, PowerPoint
• Good project management skills
• Proficient in MS Office application like word, Excel and PowerPoint, Visio
• Experience in producing MI reports and tracking reportable MI

Desired Skills :

• Should be self-driven, have the ability to handle pressure and deliver under stringent timelines. Should have high energy levels and confidence.
• Self-starter and team player with a strong work ethic willing to work in a challenging environment
• Translates strategies into plans that can be effectively executed
• Anticipates risks and obstacles and devises plans to manage them
• Pursues aggressive goals and continuously raises performance expectations to achieve excellence
• Promotes continuous learning and development
• Makes tough decisions when they are needed and acts quickly in getting things done
• Organizes and runs effective meetings and workshops
• Communicates clearly and concisely, verbally and in writing, at all levels within the organization

: 11:30 to 20:30 IST

Responsibilities

The role will be responsible for several key areas:

• Work with vendors and internal modeling partners to develop approval documentation for new fraud scores and algorithms. This will include a comprehensive write-up on how the models are built, testing and validation work done, methodology, sampling, performance, etc.

• Conduct periodic model validations on scores, looking for key metrics such as precision, recall, rank ordering of score performance, detection of PSI and other metrics as needed to ensure models are performing well and not deteriorating, which could lead to unexpected fraud losses

• Partner with our Strategies teams to communicate model performance and trends, including providing key insights into areas where scores are deteriorating or underperforming, so appropriate adjustments can be made to prevent unexpected losses

• Work with our partners in Model Risk Management (MRM) to close out any follow-up items on partially/conditionally approved models

• Form strategic partnerships with MRM to develop best practices for fraud model governance that satisfy both the need for quick deployments to mitigate risks, but also our internal and regulatory concerns

• Develop dashboards and MIS to show model performance, trending, and potential issues

• Support automation initiatives within the team and try to automate repetitive tasks

Education*

• Advanced degree, preferably in Statistics/Mathematics, Computer Science, Engineering or other quantitative discipline from a premier institute
• Certifications If Any
• Technical certifications in SAS, SQL preferred

Foundational skills*

• 6 to 9 years of relevant experience in analytics, with around 2+ year of direct experience in model risk management. Experience with model development and fraud analytics are preferred
• Experience in SAS or SQL is required. Knowledge of Python/PySpark is strongly preferred. Should also have experience with other data extraction tools like Hive, HUE, or Pig.
• Proficiency with visualization software such as Tableau and presentation software such as PowerPoint
• Excellent communication and organizational skills
• Ability to think outside the box and excellent drive/desire to dig in, learn and make a difference

Desired skills

• Bachelor’s degree preferably in a quantitative discipline such as mathematics, statistics, engineering, computer science, finance, or business. Post graduate degree is a plus.
• U.S financial services experience preferable
• Understanding of business domains like Fraud/Compliance/Risk preferable

Shift Timings: 11 30 AM to 8 30 pm

Location: Mumbai/ Gandhinagar / Chennai

Job Description*

Although working individually, the success is measured at a team level, with internal targets and results being measured against the Line of Business external peer group on a regular basis. The level error free settlements, adhering to the regulators requirements Segregation Violations, Fines) and our success in the market versus our peer group is a key barometer in measuring the control of risk around the process.

The key to success is to ensure we settle all equity trades within tight deadlines as prescribed by the SLA. In a deadline driven environment, turnaround, accuracy, and escalation are of high importance as we are at risk to market movements, traders P & L, client relationship, and the bank’s reputation including settlement risk. Sense of urgency and attention to detail are pivotal competencies required to perform the functions.

Responsibilities*

• Pre matching & matching trades on VD-1 & VD with counterparties. Trades which are unmatched are to be identified, researched, and actioned for resolution.
• Reduce failing trades and increase settlement efficiency.
• Settle failing trades by liaising with various external clients, brokers, local agents & custodians.
• Reduce intercompany failing trades across.
• Ensure Capital exposure is as per the levels fixed by the regulators.
• Ensure that there are no segregation violations as per SEC regulations and fines imposed by regulators are well below prescribed standards.
• Prioritize on reducing failing SELL trades to mitigate the risk of buy-in threat to the firm.
• Take necessary steps to ensure that Buy-in threats are avoided to the firm as a result of failing trades
• Ensure Depot transfer requests are entered in the system are settled on time by liaising with Custodian, Client services.
• Ensure that breaks pertaining to stock loan are resolved within defined timelines.
• Researching on trades which are not recognized by CP and checking is it a valid and following the escalation procedure to make sure that trade settled on the same day or cancelled.
• Perform telephone confirmations on transactions due for settlement/matching.
• MIS, reporting of operational and trading exposures to management.
• Responsible for clearing of items on the daily exception accounting reports.
• Maintain established productivity levels as per SLA.
• Ensure that all established procedures are followed.
• Meet or exceed all deadlines given as per SLA.
• To be flexible in their attitude and approach and be willing to work extra hours during the week with overflow of volume and to provide cover for holidays planned and unplanned.

Requirements*

• Education: Graduate/Postgraduate
• Certifications If Any:
• Experience Range: 12-15 Years

Foundational skills:

• Excellent organizational skills are required with the ability to prioritize daily workload, work accurately and efficiently under pressure.
• To be able to communicate effectively.
• Understanding of Investment Banking,
• Good understanding of capital markets & trade life cycle.
• Excellent verbal and written communication skills and effective interpersonal skills.
• Ability to work under pressure with excellent attention to detail,
• Ability to multitask, prioritize
• Escalation of critical risks & non-compliance with policies, standards, and limit.

Desired skills*- Flexible

13:30 – 22:30 PM IST

Process Overview

The GCIBT Technology Heath Team is a strategic horizontal team within GCIBT that aims to provide full understanding of all technology requirements and related measures for SPI and KRI inventories, serve as control owners/metric action plan providers for decentralized controls, achieve green metrics and remain green on a consistent basis, reduce "noise" from multiple reports and teams asking for updates, ensure that Executive Risk Routines are managed timely and CIO is sufficient equipped with the necessary details, and coordinate all issues/concerns on time to sustainable closure.

Job Description

Individual contributor role; fully competent to work under general direction on the most complex projects, often on multiple phases, and seeks guidance and direction from more senior associates or manager, as needed. Individual will be responsible for managing and performing Key Risk activities for GCIBT. He/she will need to collaborate with many stakeholders in US and India.

Responsibilities

• Collaborate with App Teams, Risk Leads and Process Owners to document, and manage the performance of issues and controls that are essential to managing operational standards and compliance to applicable policies, laws and regulations.
• Manage cross functional projects by driving communication and coordination across multiple business units to ensure the timely completion of objectives and the seamless execution of project plans.
• Provide access, guidance and coaching to GCIBT associates with the usage of risk tools.
• Lead and/or coordinate special projects, as requested by LOB management.
• Coordinate or collaborate on weekly and monthly meetings, reports and monitoring of various issues and

observation management routines.

• Assist business and process owners with identifying, documenting, reporting, managing and remediating the most significant risk including Audit Issues, Self-Identified Issues, Compliance & Risk Identified Issues, Regulatory Issues and Observations.

Education-

• Master of Computer Application / Bachelor of Technology / Bachelor of Engineering preferred
• Masters / Bachelors in Science (with relevant IT risk and internal controls experience)

Certification if any-

• Certified Information Systems Auditor (CISA)
• Certified in Risk and Information Systems Controls (CRISC)
• Certified Information Security Manager (CISM)
• Certified Information Systems Security Professional (CISSP)

Experience range-

This individual should have 8 to 12 years of hands-on relevant experience in IT Risk Management, Information Security Management, IT Audits, preferably from Big 4 Audit Firms, and / or IT / BPO industry, of which 5-7 years of experience in Development/PM/BA roles.

Foundational Skills:

• Able to work independently with minimal supervision and with keen attention to details.
• Risk management experience in identifying, analyzing and communicating business and Operational risk to the delivery teams and risk partners.
• Awareness of Regulatory norms around SOX, Access Control, Version Control, Change Management tools and Business continuity Management.
• At least 5 years of risk management experience or direct participation in Operational risk management processes.
• Organize and coordinate interaction between teams and stakeholder management across geographies.
• Strong analytical skills to interpret the various data segments gathered across business functions.
• Thorough understanding of the Banking systems, Technology processes and internal control programs
• related to Global Functions.
• Expertise in MS Office Tools.

Desired Skills:

• IT Governance Risk and Compliance (GRC)
• IT Audit Management
• Issues Management
• Application Management
• Project Management
• Vulnerability Management
• Identity and Access Management (IAM)
• Change Management
• Business Continuity Management

Shift timings

11:00 AM to 8:00 PM IST

- Chennai

Job Description:

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.

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 operating model at BACI requires many of its business processes to work round the clock. The Transport function plays a pivotal role in fulfilling the business needs. Employee Transport Function is very complex and dynamic in operations and requirements. It requires meticulous planning, technology support and timely action. Within the BACI Framework, Transport function rolls up to the larger umbrella of GBS Management Services and is responsible for the following –

• Provide convenience of transport to the employees as per the laid out guidelines
• Ensure the safety of all the employees while they are travelling in company provided transport
• Address employee’s concerns such as Security issues, Travel Time reduction etc.
• Adhering to all the LRR’s.

Job Description*

The candidate will be responsible for performing administrative duties requiring attention to detail, managing day-to-day operations and its challenges

Responsibilities*

• Lead the day to day management and delivery of the transport team including the management of the outsourced partners with enhanced focus on building an efficient and customer centric environment with the function
• Direct Operations (e.g. Safety measures, Inspections, Vehicle availability etc.) for the purpose of providing services within established guidelines and in compliance with related requirements
• Implement strategies to cut cost and drive continuous improvement in all aspects of Transport Function
• Assesincidents/accidents/complaintsfor the purpose of resolving or recommending a resolution to the situation
• Drive Quality Initiatives with in the team to improve process capability and enhance process efficiency
• Monitor and report progress against business delivery targets by effective management
• Perform personnel functions (evaluating, supervising, counseling, disciplining, training etc.) to maintain adequate staffing, enhance productivity of personnel and achieving functional objectives within budget
• Present Information, gain feedback and ensure adherence to established Internal controls

Education*-

• Graduate in any stream
• Certifications If Any

Experience Range*-

• Overall Experience of 6 to 8 years inTransport administrationManagement

Foundational skills*

• Effective interpersonal skills
• Effective written & verbal communication and strong presentation creation skills
• Ability to work with multiple stakeholders
• Analytics & data crunching ability
• Ability to communicate complex information very clearly to all levels of staff
• Ability to actively contribute new ideas for improvements to current processes
• Proficiency in MS Office – Should have excellent knowledge of MS Excel and PowerPoint

Desired skills*

• Experience in interaction across multiple functions(across Operations, Enterprise Support)

Work Timings*- Flexibility to work in rotational shifts

*- Chennai

Responsibilities

The role will be responsible for several key areas:

• Work with vendors and internal modeling partners to develop approval documentation for new fraud scores and algorithms. This will include a comprehensive write-up on how the models are built, testing and validation work done, methodology, sampling, performance, etc.

• Conduct periodic model validations on scores, looking for key metrics such as precision, recall, rank ordering of score performance, detection of PSI and other metrics as needed to ensure models are performing well and not deteriorating, which could lead to unexpected fraud losses

• Partner with our Strategies teams to communicate model performance and trends, including providing key insights into areas where scores are deteriorating or underperforming, so appropriate adjustments can be made to prevent unexpected losses

• Work with our partners in Model Risk Management (MRM) to close out any follow-up items on partially/conditionally approved models

• Form strategic partnerships with MRM to develop best practices for fraud model governance that satisfy both the need for quick deployments to mitigate risks, but also our internal and regulatory concerns

• Develop dashboards and MIS to show model performance, trending, and potential issues

• Support automation initiatives within the team and try to automate repetitive tasks

Education*

• Advanced degree, preferably in Statistics/Mathematics, Computer Science, Engineering or other quantitative discipline from a premier institute
• Certifications If Any :Technical certifications in SAS, SQL preferred

Foundational skills*

• 6 to 9 years of relevant experience in analytics, with around 2+ year of direct experience in model risk management. Experience with model development and fraud analytics are preferred
• Experience in SAS or SQL is required. Knowledge of Python/PySpark is strongly preferred. Should also have experience with other data extraction tools like Hive, HUE, or Pig.
• Proficiency with visualization software such as Tableau and presentation software such as PowerPoint
• Excellent communication and organizational skills
• Ability to think outside the box and excellent drive/desire to dig in, learn and make a difference

Desired skills

• Bachelor’s degree preferably in a quantitative discipline such as mathematics, statistics, engineering, computer science, finance, or business. Post graduate degree is a plus.
• U.S financial services experience preferable
• Understanding of business domains like Fraud/Compliance/Risk preferable

Shift Timings: 11 30 AM to 8 30 pm