Bank Of America Assistant Manager 

India, Telangana, Hyderabad 

986870292

Job Description

• Perform Accuracy Control to ensure correct data is reported to FINRA on the reportable trades.
• Manually Booked in FINRA, to validate that manual trades have been correctly reported and publish exception reporting.
• Timeliness control, validate TRACE reportable trades have been reported within the regulatory reporting timelines.
• Research the unmatched trades in FINRA also FINRA Real Time into a workflow / exception management tool CRT (Cosmos Regulatory tool).
• Eligibility check is performed correctly by Insight Transaction reporting rule engine.
• Exceptions management to ensure exceptions are raised and escalated accordingly
• Publish control reports to senior management on FINRA Exceptions
• TRACE team is responsible to chase/escalate respective Trade Control teams to Attest/update reason code and comments in CRT.

Responsibilities

• Good understanding of regulatory framework & FINRA reporting
• Good knowledge of trade control process and key attributes in trade execution
• Good analytical and research skills, stake holder management
• Strong business partner skills, partnering with business partners.
• Excellent written and verbal communication skills are necessary as the position requires global correspondence and communication with associates throughout the Bank of America footprint.
• Must be able to meet tight deadlines in demanding environment.
• Highly organized and attention to detail and Work independently
• Proficient in the use of Excel, Word, and MS Access

Requirements

• Education - Bachelor’s Degree (B.Com/Finance will be preferred), Preferably Masters in Business
• Certifications If any : NA
• Experience Range 6 to 10

Foundational skills:

Good understanding of Regulatory framework . Good communication skills, Excel skills, Data interpretation and Reporting skills, FINRA reporting

Desired skills:

Global Market/ Investment banking knowledge with FINRA reporting and understanding of Trade control exception

6:30 PM to 3:30 AM