Bank Of America Assistant Manager 

India, Tamil Nadu, Chennai 

577422333

Job Description

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

Good understanding of Regulatory reporting land scape for CFTC, EMIR, HKMA and AMRS

Exposure of working on regulatory queries and reaching out toCompliance/DTCC/Regulatorto get clarity

Good understanding of timeliness requirement for different jurisdictions

Experience in using BI tools like Alteryx and Tableau to automate reports

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

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

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:

GraduationPost Graduation from recognized College, university .

7-9 Years of overall experience in regulatory reporting in investment baking.

Foundational skills

Knowledge and experience with Global Markets regulations such asDodd Frank/ HKMA/ ASIC/MAS and EMIR (Mandate)

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

Ability to assess and mitigate risks and dependencies.

Excellent communication and relationship building skills.

Proactive and self-starter

12.30 to 21.30 IST