Bank Of America Manager 

India, Maharashtra, Mumbai 

848983008

Job Description

The primary responsibility will be monitoring of adherence of Enterprise Data Management - Data USE standard for all NFRR reports. The function enforces controls on the NFRR Inventory metadata, monitor Production Health of the reports and track and report production health breaches and regulatory inquiries. Strong communication and judgement skills with exposure towards Global Markets / Banking products is required. Role has constant interaction with stakeholders and produce high quality data analysis and presentation that will be presented to the regional steerco. Therefore, ability to analyze and interpret data /information provided to identify anomalies, if any and a high level of

Responsibilities:

The responsibilities of the incumbent will include the following.

• Responsible for the maintenance of procedures, control documentation, and spreadsheet compliance of reports being prepared by India team
• Responsible for responding to queries from Business Partners related to reports being prepared
• Interacting and providing support to regulators and public auditors as needed
• Supervising for tasks related to regulatory reporting
• Responsible analyzing current processes, and helping drive process improvements, metrics and technology improvements recommendations
• Responsible for identifying and mitigating process risks locally and globally.
• Conducting Quality Assurance activities which may include all controls as defined in the Use standard
• Ensure changes in laws and regulations are evaluated for impact to relevant reports, plan for implementation of change is developed and tracked.
• Identify change implementation risks and ensure those are signed off by the respective stakeholders
• Provide Regulatory Reporting Risk subject matter expertise for Technology & Operations areas
• Develop and maintain relationships with Operations, Technology, Audit, Compliance and other control groups
• Enable target state capacity alignment (e.g. Approval Workflow, Archival etc.) as reports are onboard
• Validate controls implemented are working as expected
• Assist the Regulatory Reporting Analyst with the review and assessment of reporting processes scheduled to be onboard into the center.
• Perform current to target state transition documentation and testing for NFRR reports generated through the technology framework and tools.

Requirements

• Education: CA, MBA
• Certifications If any : NA
• Experience Range -12 to 15 yrs

Foundational Skills:

• Communication and Interpersonal Skills: Ability to effectively communicate to Executive Leadership and others levels within the Bank
• Negotiation Skills : - Demonstrated ability to negotiate with senior & junior folks across different groups as operations / compliance / ops risk / regulators and auditors
• Stake holder management (internal & external) across regions / functions / lines of business: Demonstrated ability to manage senior stakeholders across different groups as operations / compliance / ops risk / regulators and auditors.
• Sound knowledge of Microsoft Office applications – PowerPoint, Excel and Word and ability to work on these without any support.

Desired Skill:

• Experience in Equity Aggregation Operations or Compliance (also known as Position Reporting, Shareholding Disclosures, Disclosure of Interest)
• Regulatory reporting experience and/or experience in a global markets regulatory reporting environment or exposure to position/transaction processes/life cycle (other than Equity Aggregation)
• Experience in performing user acceptance testing for system and data enhancements

Work Timings:12:30 PM – 9:30 PM IST

Mumbai/Gurugram/Chennai