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49 Bank of America Jobs

Sr. Operations Manager

7-10 years

Mumbai, Gurgaon / Gurugram

1 vacancy

Sr. Operations Manager

Bank of America

posted 4mon ago

Job Description

About Us
Global Business Services (GBS) 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 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, 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 CFOC (CFO Change) team, which is part of the COO Governance organization within CFO division, delivers finance projects and technology solutions for the Bank of America (BAC) enterprise and also supports Line of Business (LOB) projects that impact our core finance and general ledger applications. The CFO Change team is responsible for overall program/project management, business analysis and requirements, functional design, testing, organization readiness and deployment activities.
Job Description
This role is for a Finance Project Manager resource responsible for leading medium sized or portions of large, more complex projects in support of the CFOC delivery of programs/projects in the US, EMEA, APAC and LATAM regulatory reporting groups and general ledger operations. The role works closely with Global Technology and Operations, CFO and LOB stakeholders.
EMEA Regulatory Finance is responsible for ensuring efficient and proactive management of economic and regulatory capital and delivering timely and accurate reporting to regulators across EMEA. The change team supporting this function provides strategic solutions and day-to-day support services for business users based in Europe, working with the technology teams in London, Dublin and India.
The candidate will join the department in India to project manage one of the in-flight major initiatives as part of the strategic build-out of the regulatory reporting platform.
Responsibilities
  • The successful candidate will be responsible for project managing the delivery for key new regulatory requirements, for critical enhancements and for implementing the required processes and control framework
  • The role will require extensive project management experience and the skills required to deliver a complex and multi-faceted project end-to-end
  • The candidate will be responsible for both medium/long term project planning, as well as day-to-day task tracking and monitoring of risks, issues and dependencies
  • The role will include working within a wider change programme and established Agile framework, as part of an ongoing complex strategic regulatory reporting infrastructure build programme
  • Stakeholder and team management will be required across multiple global locations including the US, UK, Ireland and France
  • This is an excellent opportunity for an individual who has demonstrable experience on large-scale regulatory change to manage and deliver a significant and high profile initiative
Requirements
Education
Education - Graduate degree in Commerce, Business or Technology.
Certifications If Any - Project Management
Experience Range
18+ years
Foundational skills
  • Strong project management experience structuring and delivering complex initiatives
  • Proven experience delivering Finance regulatory reporting solutions and processes
  • Understanding of high profile regulations (FinRep, CoRep, AnaCredit etc)
  • Excellent communication skills required with ability to manage senior stakeholders and provide leadership updates
  • Ability to positively drive work forward and create a strong team environment
  • Structured approach to defining, executing and evidencing deliverables
  • Ability to operate within a global environment working with stakeholders from multiple locations and time zones
  • Experience in identifying and managing the risks, issues and dependencies inherent in delivering complex regulatory change
Desired skills
  • Prior experience working within Agile methodologies / frameworks
  • Prior experience of AXIOM platform
  • Experience of working within challenging and dynamic organizational contexts
Work Timings
11:30 am to 8:30 pm
Job Location
Mumbai/Gurugram

Employment Type: Full Time, Permanent

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What people at Bank of America are saying

4.7
 Rating based on 14 Operations Manager reviews

Likes

Strong policies for employees. Great culture and benefits.

  • Salary - Excellent
    +6 more
Dislikes

There is nothing which I dislike

    Read 14 Operations Manager reviews

    Operations Manager salary at Bank of America

    reported by 73 employees with 11-17 years exp.
    ₹8.5 L/yr - ₹30.1 L/yr
    62% more than the average Operations Manager Salary in India
    View more details

    What Bank of America employees are saying about work life

    based on 2.9k 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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