Wednesday , February 8 2023

Bank of America Careers In Chennai – Operations Team lead

Website Bank of America

Job Description:

Global Corporate Banking Technology & Operations is seeking to expand its services & infrastructure in Asia. The business is looking for dynamic and talented individuals to support the strategy in order to meet the regulatory reporting requirements associated with business growth


Job Responsbilities:

  • Track timely submission of regulatory reports and publish monthly dashboard to senior management team
  • Review Desk Top Procedures for regulatory reports and coordinate with DTP owners for necessary updates if regulators make modifications to the existing reporting guidelines
  • Keep track of new / additional reporting requirements from regulators and ensure ownership is assigned for such new reports and updated in DTP
  • Analyse regulatory reports submitted by the Bank and ensure adequate controls are built in the process for accurate and timely reporting
  • Establish Quality Check model to ensure error-free reporting to regulators.
  • Coordinate with Compliance team and Ops Managers and identify opportunities to improve the process and controls
  • Review circulars issued by regulators and provide training
  • Identify opportunities for automation.
  • Support stakeholders in preparation of Business Requirement Document, preparing test scripts and performing User Acceptance Tests to automate regulatory reports

Job Requirements:

  • Essential: Any PG with minimum 4-5 years of experience with basic knowledge in banking.
  • Essential: Analytical mind-set with Microsoft Excel knowledge (V-lookup, H-lookup) and experience in working with huge datasets.
  • Ability to manage multiple tasks with accuracy
  • Good inter-personal skills.
  • Should be solution oriented and look for opportunities to automate. Experience in automated projects will be an added advantage.
  • Good written and verbal communication skills
  • Should constantly look at improving the process
  • Preferred: Good knowledge of wholesale banking products and reporting requirements with data and statistical skillset.

Job Details:

Company: Bank of America

Vacancy Type:  Full Time

Job Location: Chennai, Tamil Nadu, IN

Application Deadline: N/A

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