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78 Bank of America Jobs

Operations Manager

5-8 years

Gurgaon / Gurugram

1 vacancy

Operations Manager

Bank of America

posted 15hr ago

Job Description

  • 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

Process Overview

  • 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

Employment Type: Full Time, Permanent

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Bank of America Interview Questions & Tips

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What people at Bank of America are saying

4.6
 Rating based on 13 Operations Manager reviews

Likes

Strong policies for employees. Great culture and benefits.

  • Salary - Excellent
  • +6 more
Dislikes

There is nothing which I dislike

Read 13 Operations Manager reviews

Operations Manager salary at Bank of America

reported by 82 employees with 10-17 years exp.
₹9.7 L/yr - ₹32 L/yr
64% more than the average Operations 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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