דרושים Senior Auditor ב-Bank Of America ב-India, Gujarat, Gandhinagar

Job Description

Individuals will be part of the GBS - GCOR - Compliance Information Barrier Surveillance group supporting one of the global regions AMRS, EMEA and APR. Individual will be responsible for monitoring trading activities across multiple asset classes for market abuse. The individuals will also be responsible for investigating potential compliance/control room issues with multiple levels of management for appropriate disposition.

• Band: 6
• Sub Band: 6A (Senior Manager)
• Role: Individual Contributor (IC)

Responsibilities

• Manage global projects aligned in scope to Global Business Services IBS team and ability to handle multiple projects (Global/Local) in a dynamic environment.
• Management, execution and reporting of the Quality Assurance analysis and results.
• Participate in periodic review and update of test scripts.
• Bi-monthly interactions with Control Room/Line of Business Compliance and EAC supervisory management with regards to escalations, change in the regulatory environment
• Create and maintain escalations inventory and understanding of the GFCC/AML Filing process.
• Identify, aggregate, report and escalate compliance risks, issues, and surveillance enhancements.
• Participate in the parameter recertification process for the IBS surveillances.
• Enables smooth migrations of work to GBS from onshore and maintaining/creating LOB confidence for the GBS team.
• Create and present LOB/GBS Executive presentations, including routine and monthly business reviews.
• Experience communicating with a broad cross-section of executives and business partners with strong organizational, presentation and influencing skills.
• Ability to train and set up a strong, fungible /Cross trained pool of resources within the GBS IBS team.
• Perform peer Quality check and report issues concerning surveillance closures.
• Perform trade surveillance on restricted and watch listed securities.
• Obtain deal updates (from Investment Bankers) – when needed for watch list reviews.
• Conduct trade surveillance to monitor market abuse across asset classes (equity, fixed income, and derivatives trading).
• Monitor trading activity using various exceptions-based reports.
• Managing day to day process requirements.
• Investigate potential compliance issues with management and document findings.
• Work with the global compliance teams to document findings.
• Analyze and organize data, identifying any trends in a timely manner.
• Maintain accurate, organized, and current compliance records and documentation in a manner consistent with the department’s needs.

Education

• Post-graduate in any field

Experience Range

• 5+ years of experience in Information Barrier Surveillance
• 10 years of experience in Trade Surveillance

Job Description*

• Responsible for the review and update the client’s information in the client’s profile on brokerage accounts.
• Update “Trusted Contact Person” information requested by the client.
• Responsible to interact with LOB and Branch Offices via email.
• Provide a high level of quality service, support, and responsiveness to clients of Merrill Lynch, internal clients, and communicate effectively with branch & LOB.
• Prepare Deceased Customer reports for different stakeholder

Responsibilities*

• Responsible to meet SLA and take ownership to complete the task.
• Interact with LOB and Branch Offices via email.
• Keep focus on accuracy and deliver error free work

Requirements*

• Change orientated – can identify workflow/systems inefficiencies and come up with new ideas for improvement
• Creative and analytical approach to problem solving
• Strong communication and interpersonal skills and ability to change communication style based on the audience
• Strong knowledge in MS Office products including MS Excel, PowerPoint
• Attention to details and drive for accuracy
• Ability to work well under pressure
• Basic knowledge of six sigma and MIS
• Strong operational know how and understanding of end to end process delivery
• Strong on customer centricity and approach to improve processes and better customer experience.
• Flexible in shift timings as we follow evening shifts only

Minimum Graduate, commerce stream preferred

Experience Range*

2-4 Years

Foundational skills*

• Good communication, verbal/written both and listening skills. Basic understanding about Wealth Management and Investment Products, Banking operations & finance, strong analytical skills with great attention to details to perform the document review and reconciliations, Organized and able to multi-task in a fast-paced environment

Desired skills*

• Highly motivated able to work independently, Excellent interpersonal skills, positive attitude, team-player, Willingness to learn and adapt to changes.

Work Timings*

Shifts:
11:30 to 20:30 (subject to change as per business requirement)

Fixed Saturday and Sunday Off

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U.S. Registration and Licensing Securities Onboarding team is responsible for facilitating the onboarding / registration process for U.S. associates through FINRA. A U4 application is the form used by FINRA to register individuals with self-regulatory organizations (SROs) and jurisdictions.

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• Review Registration request via R and L request site and systematically assign to R and L
• Review data collection and review for missing or expired processes
• Send manual emails to disclosure team

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• Responsible to meet SLA and take ownership to complete the task.
• Interact with LOB and Branch Offices via email.
• Keep focus on accuracy and deliver error free work

*

• Education * Any Graduate
• Certifications If Any NA
• Experience Range* 18 to 48 Months
• Foundational skills * 1. Experienced individual with good logical reasoning skills
  2.Strong written & analytical skills with great attention to details
  3.Communication skills - verbal
  4. Email interpretation
  5. Excellent interpersonal skills, positive attitude, team-player
  6.Willingness to learn and adapt to changes.
• 7. Knowledge of Wealth Management and Investment Products, Work under pressure

*NA

*
11:30 to 22:30 Window (subject to change as per business requirement)

Fixed Saturday and Sunday Off

*

Process Overview

• The Fraud Prevention and Detection team is responsible for fraud prevention & detection (FP&D) across multiple financial products. The team services multiple products – checks & deposits, credit, debit cards, digital transactions and new accounts – and is also responsible for process support activities like account closure and loss booking. The FPD team in GBS is spread across Gurugram, Mumbai and Hyderabad.

Job Description

Responsible for leading specific operations segment(s) within FP&D at GBS with band 7 and/or 6 people managers as their direct team. Oversees daily activities ensuring adherence to KPIs, quality standards, procedures, regulatory requirements and forecasted staffing levels. In addition to the business requirements, the person will be responsible for mentoring team managers and driving employee satisfaction.

Requirements

Education:- Any Graduate

Experience Range:- 15+ Years

Foundational skills:-

Knowledge of fraud and claims lifecycle

Strong interpersonal skills required to interact with a broad range of stakeholders

Proven history of applying critical thinking to drive change

Must be flexible & adaptable; multi-tasker.

Thinks strategically - ability to understand the big picture

Possesses excellent verbal and written communication skills

Strong analytical ability - Able to think outside of the box

Proven ability to manage competing needs and drive to quality despite changing priorities and tight deadlines

Excellent written and verbal communication.

Work Timings

12:30 PM- 09-30 PM

Job Description

Responsibilities for this role include completing investigations while ensuring cases meet or exceed closure and quality metrics, reporting facts of the investigation to assist in identifying potential operational or compliance risks, and completing Suspicious Activity Reports (SAR) in a timely and accurate manner for submission to regulators and/or law enforcement. This role may partner with GFC Risk Management, front line units or other stakeholders to resolve investigations. This role may ultimately report to any number of investigations teams across consumer AML.

Responsibilities

• Performs quality control functions, training, communications, guidance, monitoring scenario development/enhancement input and testing, or law enforcement liaison responsibilities in an investigative support role
• Completes investigations while ensuring cases meet or exceed closure and quality metrics
• Reports facts of the investigation to assist in identifying potential operational or compliance risks
• Completes investigation of potentially suspicious activity in a timely and accurate manner for submission to regulators and/or law enforcement
• Partners with GFC Management, front line units (“FLU”) or other stakeholders to resolve investigations.

Experience Range

• Minimum Years Business & Functional Experience : 10 – 12 Years
• Minimum one year experience with, AML, Risk, or Compliance experience and/or knowledge of financial crimes typologies; financial services, investigative service, or law enforcement

– Association of Certified Anti-Money Laundering Specialists

Foundational skills

• BSA knowledge relative to AML
• Proficiency in Microsoft Excel / data analytics
• Strong analytical and problem-solving skills
• Strong attention to detail
• Excellent writing skills, with experience writing in a concise and understandable format
• Determine whether activity should be escalated for further review based on alert reviews.
• Ability to decision whether suspicious activity reports (SARs) should be filed based on case investigations.

Desired skills

• Additional Technical/Functional Experience (e.g. Industry type): Financial Services and/or related government entity
• Certifications: ACAMS – Association of Certified Anti-Money Laundering Specialists
• Knowledge related to retail and/or institutional brokerage products and services and applicable compliance rules and regulations
• Correspondent Banking
• Interaction with Front Line Units & Customers/Clients
• Willing to work on rotational shifts

Work Timings

12:30 – 21:30

GIFT, Gujarat

Process Overview

Data Infrastructure & Strategic Initiatives team is responsible for all the automation aspects of testing process, ensuring quality of data, independent testing of corporate & business level process and regulatory controls by providing seamless access to the appropriate data & platforms required to execute the associated portfolio of tests.

A test is defined in the Independent Testing Enterprise Policy as “an independent point-in-time examination of one or more processes, controls, policies and procedures or data sources utilized for managing risk to assess the effectiveness of the control environment. A test is focused on answering a specific objective and has a pre-defined pass/fail criteria.” Compliance testing may include activities such as automated surveillance and transaction level testing and may be performed onsite. Please note: This is not an application/software testing or application/software development role.

Job Description*

Test Automation team is responsible for automating tests within EIT inventory using Python/Sql or any other ETL tool. The role revolves around collaborating with multiple stakeholders for test execution walkthroughs to understand the problem statement, gather, and document business requirements and identifying possible candidates for automation. Once identified, the developer completes the logic building in Python/ETL tools and gets the final approval from the Test Owners within the defined SLAs. In addition, performing analysis to identify mapping of data elements is crucial to extract the correct data for development purposes.

Responsibilities*

• Participate in the initial assessment for identifying candidates for automation.
• Hold collaborative calls/requirement gathering sessions with the stakeholders for walkthroughs of the potential automation candidates.
• Identify the key databases and fields being used within the process.
• Partner with data SME, application owners to map the databases and establish connection to extract the relevant data.
• Extract the data from the database using Sql query and feed to the Python/Trifacta for logic building. Build rules within Python/Trifacta to perform the testing.
• Ensure accuracy and quality development and hold validation session with the stakeholders to get a sign-off.

Requirements:

Graduates or Post-Graduates in Computer Science, Software Engineering B.Tech/B.E./M.C.A

Foundational skills:

• Worked on varied data problems;structured/unstructuredand small/large.
• At least 3 years of hands-on experience on Python/Sql programming.
• Experienced in writing effective, scalable code.
• Good experience with MS-Excel and PowerPoint presentations.
• Strong analytical, reasoning and problem-solving aptitude. Ability to articulate complex technical requirements in a lucid manner and is relevant to business use cases.
• Excellent communication and interpersonal skills.
• Flexible to shift changes at short notice.
• A go-getter and a self-starter with willingness to learn and adapt to changes.
• Ability to work cross-functionally, and across borders to effectively execute the business goals.

Desired skills:

• Any experience in Operational Risk, Audit or Compliance domain
• Exposure to Trifacta platform
• Working knowledge of JIRA
• Automation acumen

Work Timings:12:30 PM - 9:30 PM/1:30 PM – 10:30 PM

GIFT City, Gandhinagar

Responsibilities*

• Comprehending notices/incoming requests from Client/Agent Bank/Lenders and verifying/updating details in workflow tool
• Timely and accurate assignment of requests from workflow tool to processors
• Validating payment instructions/ notices and releasing advances/wires/notices to clients, lenders & Agent Banks on Loan IQ
• Actioning on periodic rate changes, rollovers, advances, payments, conversions on Loan IQ and Fronted Letter of Credit for Large Corporates
• Updating system of record while adhering to standard operating procedure and guidelines
• Managing manual matching and timely monitoring of wire matching automation, its reporting and working on manual matching
• Understanding of General Ledger postings and past dues
• Timely action, resolution and reconciliation of financial breaks/past dues and following escalation matrix as & when needed.
• Effective communication and coordination with fellow team members, managers, and other stakeholders (agent banks/lenders).
• Timely action on preparation and distribution of Delayed Investor Funding Report to stakeholders.
• Taking ownership of assigned portfolios/service requests/transactions and ensuring service request completions within turnaround time.
• Adherence to the Business Deliverables, SLA (Service Level Agreement) and Accuracy.

Education*

• B Com, M Com, MBA (graduation in finance stream)
• Certifications - If Any

Experience Range*

• 2-4 Years of relevant experience

Foundational Skills*

• Overview & Navigation of Loan IQ │ Advanced
• Overview & Navigation of iCon/GSS │ Advanced
• Overview & Navigation of Clearpar │ Advanced
• Banking & Markets Knowledge - Closing & Settlements, Loan Trade Servicing & Assignments, Primary & Secondary Markets │ Proficient
• Reconciliation - Understanding on GLs, Past dues etc. │ Proficient
• Commercial & Business Banking Lending - Basic Overview, Credit Product Knowledge, Loans Life Cycle & Credit documents │ Proficient
• Loan Servicing (Bilateral and Syndication) - Overview, types of Facilities, roles of different parties, Advances, Payments, Pricing Change, Renewals/Rollovers, Conversions, Fees, LCs, and Loan Maintenance │ Proficient
• Attention to Detail │ Expert
• Communication Skill - Verbal/Written │ Advanced
• Flexible and Open-Minded │ Proficient
• Customer Focus │ Proficient
• Stakeholder Management & Network/Relationship Building │ Proficient
• Critical Thinking │ Proficient
• MS Office (Excel, Word, PowerPoint) │ Proficient

Desired Skills*

• Functional knowledge of AI/ML tools │ Proficient
• Operational Risk - Inadequate or failed internal processes, people, and systems or from external events │ Proficient
• Global Payment Product/Ops knowledge - Wire Transfer, Direct Debit, ACH, Swift etc. │ Proficient
• Active Listening │ Proficient
• Team Building │ Proficient
• Numerical Ability │ Proficient
• Overview & Navigation of WorkFusion │ Proficient
• Data Management & Dashboard Tools - Tableau, Alteryx, SharePoint etc. │ Proficient

Work Timings*

• 6.30 pm - 3.30 Am
• 7.30 pm - 4.30 am

Job Location*

GIFT City