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67 Bank of America Jobs

Assistant Manager

7-8 years

₹ 13 - 23.1L/yr (AmbitionBox estimate)

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This is an estimate of the average salary range for this position. It has not been reviewed by the company, and the actual salary may differ.

Mumbai, Hyderabad / Secunderabad, Gurgaon / Gurugram

1 vacancy

Assistant Manager

Bank of America

posted 8hr ago

Job Description

Job Description:

About Us

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Global Business Services

Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations.

Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence and innovation.

In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services.

Process Overview:

The Global Markets NFRR is responsible for the preparation and submission of the NFRR reports on periodic basis and share with the Line of business. Key activities include - Generating the report from the GRRS application- Performing and Analyzing data quality checks- Investigate data issues found- Perform manual adjustments if any- Get signoff from relevant stake holders on the report generated- Archival of Submission and Supporting Documentation. Team also partners and support few other functions like Transformation, continuous improvement and Production Monitoring as horizontals.

Job Description:

As part of the Bank of America Merrill Lynch NTCO Ops, the incumbent will be a part for Global Markets NFRR Team in India

Responsibilities:

The responsibilities of the incumbent would be to support the onboarding and report generation of the report in target state

  • Design, execute and monitor data quality checks that impact associated reports
  • Liaise with technology to build these checks in the system
  • Once the report is in production, on a periodic basis perform all the below steps
    • Generating the report from the target application
    • Performing and Analyzing data quality checks
    • Investigate data issues found
    • Perform manual adjustments if any
    • Get signoff from relevant stake holders on the report generated
    • Archival of Submission and Supporting Documentation

Requirements*

Education*

  • Graduation/PG
  • Certifications If Any: NA

Experience Range8+ Years of experience

Foundational Skills*

  • Strong analytical and fact-based decision making Ability to meaningfully Analyze and report complex data for enterprise and reporting
  • Experience in Auditing or Regulatory Reporting
  • Good Knowledge on Global Markets and different traded products or knowledgeable of consumer products and processes within the bank
  • Strong knowledge of data flow and connection points to determine the appropriate execution of controls
  • Strong understanding of data controls and the reporting risks that can occur
  • Communication and Interpersonal Skills: Ability to effectively communicate to Executive Leadership and others levels within the Bank
  • Stake holder management (internal & external) across regions / functions / lines of business
  • Sound knowledge of Microsoft Office applications - PowerPoint, Excel and Word and ability to work on these without any support

Desired Skills*

  • Experience Regulatory Reporting

Work Timings12:30 PM to 09:30 PM IST

Job LocationHyderabad, Mumbai, Gurugram


Employment Type: Full Time, Permanent

Read full job description

Bank of America Interview Questions & Tips

Prepare for Bank of America Assistant Manager roles with real interview advice

Top Bank of America Assistant Manager Interview Questions

Q1. Python coding question to find the employee with second largest income
Q2. Detect the unique characters in the substring and their length
Q3. Whats your understanding on regulatory reporting
View all 8 questions

What people at Bank of America are saying

4.4
 Rating based on 147 Assistant Manager reviews

Likes

Leadership is supportive and encourage everyone to excel in their strengths and move forward in their career path

Dislikes

We need to be very vocal about our work to get the recognition

Read 147 reviews

Assistant Manager salary at Bank of America

reported by 1.9k employees with 2-18 years exp.
₹7 L/yr - ₹26 L/yr
99% more than the average Assistant Manager Salary in India
View more details

What Bank of America employees are saying about work life

based on 2.8k employees
66%
87%
81%
77%
Flexible timing
Monday to Friday
No travel
Day Shift
View more insights

Bank of America Benefits

Free Transport
Cafeteria
Health Insurance
Gymnasium
Soft Skill Training
Job Training +6 more
View more benefits

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