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Senior Manager

10-12 years

₹ 22 - 46.1L/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, Gurgaon / Gurugram

1 vacancy

Senior Manager

Bank of America

posted 2d ago

Job Description

Responsibilities
  • The individual will need to prepare daily Capital Monitoring reports concentrated on Counterparty Credit Risk & Market Risk, Leverage & Large Exposure
  • Prepare and/or review COREP templates related to Market Risk, Credit Risk, Leverage & Large Exposure
  • Provide commentary/advise business on the reporting of capital, RWA and related matters.
  • Ensure compliance with Regulatory Requirements under Basel III/CRD IV including reporting of own funds, credit risk, market risk, operational risk, and leverage ratio
  • Timely response of external & internal queries - Auditors, Regulators, Other stakeholders
  • Ensure adherence to Process & Governance routines
  • Support Report owners and Partner with multiple teams (viz data management, change, line of business etc) and stakeholders to drive issue remediation, operational excellence, regulatory and system changes
  • Seamlessly transition work, adopt regulatory & system changes, improve reporting accuracy
  • This is an excellent opportunity for an individual who has demonstrable experience on high risk regulatory reporting (esp. COREP, RWA) coupled with ability to deal with multiple key stakeholders
Requirements
Education
Education - Chartered Accountant or post-graduate degree in business
Experience Range
10+ years of which at least 5 years in COREP/RWA regulatory reporting and rest in relevant roles i.e. SEC reporting, legal entity controller, product controller, risk management, etc.
Foundational skills
  • Strong background in regulatory reporting for the regulators in the UK and Europe - COREP, RWAs, Capital reporting
  • Previous experience of adopting complex regulatory changes into business as usual (BAU) reporting environments (E.G. FRTB, Basel 3.1, IMM)
  • Deep understanding of prevalent regulatory environment and emerging regulatory expectations
  • Ability to manage senior stakeholder relationships and provide leadership updates
  • Demonstrates a healthy skepticism and ability to partner with multiple stakeholders
  • Prior experience of AXIOM platform
  • Detail-focused, solution oriented and structured approach to defining, executing, and evidencing deliverables.
  • Dynamic, high energy, solid work ethic, willing to take on new initiatives which may initially lack definition.
  • Excellent written and verbal communication skills are necessary as the position requires global correspondence and communication with associates throughout the Bank of America footprint.
  • Remaining positive in the face of challenge, Adaptable, Able to work in a fast paced, deadline-oriented environment.
  • Demonstrate ability to work in a team, while contributing individually and across other teams
  • Proficient in the use of MS Office
  • Collaborative team player with clear examples of working across teams and positively influencing other areas not under their direct reporting lines
  • 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
  • Collaborative team player with clear examples of working across teams and positively influencing other areas not under their direct reporting lines
  • Ability to positively drive work forward and create a strong team environment
  • SQL skills preferred, Exposure to Emerging technologies like Alteryx, Tableau - added advantage
Work Timings
11:30 am to 8:30 pm
Stretch basis key deadlines
Job Location
Mumbai/Gurugram

Employment Type: Full Time, Permanent

Read full job description

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What people at Bank of America are saying

4.4
 Rating based on 46 Senior Manager reviews

Likes

Excellent organization for work life balance

  • Salary - Good
  • +5 more
Dislikes

Growth opportunities

Read 46 Senior Manager reviews

Senior Manager salary at Bank of America

reported by 536 employees with 8-18 years exp.
₹17.5 L/yr - ₹46.1 L/yr
53% more than the average Senior Manager Salary in India
View more details

What Bank of America employees are saying about work life

based on 3k employees
65%
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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