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Bank of America

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12 Bank of America Manager Jobs

Manager

8-17 years

₹ 17 - 18L/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

1 vacancy

Manager

Bank of America

posted 10d 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.
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, Treasury Management Support on Capital, Liquidity and Balance Sheet Management, 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 Global Regulatory Reporting (GRR) function, a part of the Global Financial Control organization within the CFO Group, is responsible for accurate filing of non-liquidity related financial regulatory reports including call reports, cross-Border BEA and state fillings, FINREP, COREP, AnaCredit & Statistical reporting.
Job Description*
GRR has set up a multi-year program to perform conformance and transaction testing on GRR high-risk reports. The primary responsibility of this role is to deliver a significant business transformation across operating model, process improvement and automation as part of a wider transformation initiative.
Responsibilities*
  • The individual will need to provide thought leadership to the Report owners to identify and drive process redesign within their reporting teams
  • The individual will need to lead the review and challenge of current processes in collaboration with report owners to identify transformational re-design
  • The role will require both extensive project management experience and proven experience at working in a variety of roles within Financial services across Finance, Operations or Risk Management
  • The individual will need to demonstrate 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 to ensure momentum is achieved and sustained
  • This is an excellent opportunity for an individual who has demonstrable experience on large-scale op model, process or data transformations to manage and deliver a significant and high profile initiative
Requirements*
Education*
Education - Chartered Accountant or post-graduate degree in business
Experience Range*
7+ years of which at least 5 years in relevant roles i.e. Regulatory reporting production, legal entity controller, product controller, risk management, operations, etc.
Foundational skills*
  • Strong background in financial regulatory reporting in the UK and Europe - COREP, FINREP, etc.
  • Deep understanding of prevalent regulatory environment and emerging regulatory expectations
  • Ability to manage senior stakeholder relationships and provide leadership updates
  • Proven experience in providing thought leadership on process redesign
  • Strong project management experience structuring and delivering complex initiatives
  • Demonstrates a healthy skepticism and ability to partner with a multiple stakeholders
  • 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
  • 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
  • Previous experience of implementing complex regulatory change programmes into business as usual (BAU) reporting environments (E.G. FRTB, Basel 3.1, FinRep, Ana Credit)
  • Prior experience working within Agile methodologies / frameworks
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
  • Structured approach to defining, executing and evidencing deliverables
Work Timings*
11:30 am to 8:30 pm
Job Location*
Mumbai

Employment Type: Full Time, Permanent

Read full job description

Bank of America Interview Questions & Tips

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What Manager at Bank of America are saying

4.2
 Rating based on 93 Manager reviews

Likes

Culture, team, salary, other benefits, office space

  • Salary - Excellent
  • +5 more
Dislikes

Too much compliance work and worst transportation, applications are old & slow

Read 93 Manager reviews

Manager salary at Bank of America

reported by 1.1k employees with 5-18 years exp.
₹11 L/yr - ₹38 L/yr
56% more than the average 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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