Bank Of America Senior Manager 

India, Maharashtra, Mumbai 

958305614

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*

• Review and maintain inventory management controls using CFO tools.
• Partner with regulatory reporting teams across CFO to ensure implementation of internal control best practices.
• Review and challenge of evidence in place supporting regulatory reporting policy adherence.
• Assist in the maintenance of GRR process documentation.
• Participate in efforts to streamline processes and make better use of emerging technology.
• Assist in execution of other GRR Governance and Control priorities, such as spreadsheet controls implementation, training, reporting of metrics, regulatory change management, et al.
• Interact as needed with teams across the bank, including auditors and other control groups.

Experience Range*

10+ years of which at least 8 years in relevant roles i.e. Regulatory reporting production, legal entity controller, product controller, risk management, operations, etc.

Foundational skills*

• Experience working in process, risk, compliance, or similar efforts
• Ability to work with stakeholders across teams, build consensus and execute strategic objectives
• Ability to think analytically and challenge management on assertions made
• Strong technical skills; advanced knowledge of Microsoft Suite (Excel, Word, PowerPoint)
• Attention to detail
• Excellent written and verbal communication skills
• Problem-solving; ability to quickly solve issues that arise
• Ability to learn and adapt to change
• Commitment to company values, brand, and the customer experience

Desired skills*

• Regulatory reporting experience preferred but not required
• Governance and control monitoring experience preferred but not required
• Project management skills a plus

Work Timings*

11:30 am to 8:30 pm