Bank of America India | Assistant Manager - R

Responsibilities

• The APAC Non-Financial Regulatory Reporting (NFRR) team is responsible for the preparation, migration, governance, and control oversight of regulatory reports across multiple APAC jurisdictions.
• The team ensures completeness, accuracy, and timeliness through robust controls, stakeholder engagement, and compliance with regulatory and enterprise standards.
• The role also supports process transformation, automation, and reporting governance initiatives to drive operational excellence and risk reduction.
• The role involves supporting APAC Non-Financial Regulatory Reporting (NFRR) activities, including report preparation, migration, governance, controls validation, and process improvements.
• The role requires collaboration across multiple APAC jurisdictions and stakeholders to ensure accurate, timely, and compliant regulatory reporting
• Support Preparation of regulatory reporting.
• Assess the overall design and operational effectiveness of the existing report production process.
• Partner with front line units to manage and execute a thorough validation check on their regulatory reports and controls environment utilizing NFRR processes, tools and templates.
• Develop and maintain relationships with Business, Operations, Technology, Audit, Compliance and other Control groups and Stakeholders to understand processes and risks.
• Ensure documentation is being maintained in accordance with the enterprise policy, processes and standards.
• Track and highlight issues, gaps, concerns and process failures for remediation.
• Developing and producing metrics and analytics on regulatory reporting.
• Interactions with various stakeholders, including senior management.
• Execute all the process related to administrative tasks, and any ad-hoc duties assigned by manager.
• Drive process optimization and automation initiatives leveraging tools such as Alteryx, Power BI, Power Query, and GenAI solutions to improve efficiency, accuracy, and reporting governance.
• Support the standardization and migration of regulatory reporting activities across APAC jurisdictions while ensuring adherence to regional governance and control requirements.
• Take ownership for managing risk well and be proactive in identifying and controlling risks, issues and concerns, and escalate timely
• Training and onboarding new hires

Requirements

• Undergraduate / MBA degree with major in banking, finance or data analytics.
• Experience of regulatory reporting processes – ideally involving report preparation.
• Strong understanding of the APAC regulatory reporting landscape, governance framework, and control environment, including experience working with multiple APAC jurisdictions and stakeholders.
• Relevant experience in banking, operations, business controls or risk management, internal audit or compliance testing.
• Understanding of Banking & Markets products, services, and platforms.
• Experience in analyzing and documenting business processes, and developing solution.
• Attention to detail and delivering high quality output.
• Optional (Preferred): Ability to read, write, or speak Mandarin, Japanese, Korean, or Thai would be an added advantage.
• Strong proficiency in any APAC regional language is highly desirable.
• Proven relationship management / engagement skills and ability to communicate effectively and build relationships with different audiences across the APAC region.
• Strong MS Office skills, particularly Excel, PowerPoint, and Visio.
• Hands-on experience with automation and data analytics tools such as Alteryx, Power BI, Power Query, VBA, and Generative AI (GenAI) solutions to streamline reporting processes, enhance controls, and improve operational efficiency.
• Ability to work within a team environment and to adhere to strict deadlines.
• Excellent analytical and problem-solving skills, ability to demonstrate decisiveness and sound sense of judgment -- knowing when to escalate.

Bank of America

Bank of America is one of the largest banks in the United States, serving individuals, businesses and institutions with banking, investing, asset management and risk-management products.

Its Indian operations and technology centres support the global bank. Finance professionals typically work in operations, financial reporting, regulatory, risk and audit roles.

• Industry: Banking and financial services
• Headquarters: Charlotte, North Carolina, USA
• In India: Corporate and investment banking, plus operations and technology centres in Mumbai, Hyderabad, Chennai and GIFT City (Gandhinagar)