Bank Of America Senior Operations Manager 

India, Maharashtra, Vasai-Virar 

663567333

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, Treasury Management Support on Capital, Liquidity and Balance Sheet Management, 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.

The Global Regulatory Reporting (GRR) function, a part of the Global Financial Control organization within the CFO Group, is responsible for accurate filing of non-liquidity related financial regulatory reports including call reports, cross-Border BEA and state fillings, FINREP, COREP, AnaCredit & Statistical reporting.

Responsibilities*

• The individual will need to provide thought leadership to the Report owners to identify and drive process redesign within their reporting teams
• The individual will need to lead the review and challenge of current processes in collaboration with report owners to identify transformational re-design
• The role will require both extensive project management experience and proven experience at working in a variety of roles within Financial services across Finance, Operations or Risk Management
• The individual will need to demonstrate the skills required to deliver a complex and multi-faceted project end to end
• The candidate will be responsible for both medium/long term project planning, as well as day-to-day task tracking and monitoring of risks, issues and dependencies to ensure momentum is achieved and sustained
• This is an excellent opportunity for an individual who has demonstrable experience on large-scale op model, process or data transformations to manage and deliver a significant and high profile initiative

Experience Range*

15+ years of which at least 10 years in relevant roles i.e. Regulatory reporting production, legal entity controller, product controller, risk management, operations, etc.

Foundational skills*

• Strong background in financial regulatory reporting in the UK and Europe – COREP, FINREP, etc.
• Deep understanding of prevalent regulatory environment and emerging regulatory expectations
• Ability to manage senior stakeholder relationships and provide leadership updates
• Proven experience in providing thought leadership on process redesign
• Strong project management experience structuring and delivering complex initiatives
• Demonstrates a healthy skepticism and ability to partner with a multiple stakeholders
• Collaborative team player with clear examples of working across teams and positively influencing other areas not under their direct reporting lines
• Ability to positively drive work forward and create a strong team environment
• Structured approach to defining, executing and evidencing deliverables
• Ability to operate within a global environment working with stakeholders from multiple locations and time zones
• Experience in identifying and managing the risks, issues and dependencies inherent in delivering complex regulatory change
• Previous experience of implementing complex regulatory change programmes into business as usual (BAU) reporting environments (E.G. FRTB, Basel 3.1, FinRep, Ana Credit)
• Prior experience working within Agile methodologies / frameworks

Desired skills

• Collaborative team player with clear examples of working across teams and positively influencing other areas not under their direct reporting lines
• Ability to positively drive work forward and create a strong team environment
• Structured approach to defining, executing and evidencing deliverables

Work Timings*

11:30 am to 8:30 pm