Bank of America India | Manager

Responsibilities

• In our rapidly changing banking environment the individual in this role will be expected to maintain policies and procedures for capital reporting as well have capital production responsibilities.
• As part of the responsibilities of the role, the teammate will develop business partner relationships within ECM, e.g. various workstreams, ECM Technology, Quality Assurance, Capital Risk and Internal/External audit.
• Throughout the tenure of the role, the teammate will gain exposure and understanding in Basel 3 Capital Calculations for the Corporation and develop/improve the following skills: communication and project coordination, time management.
• Build relationships with partners and ensure appropriate level of capital knowledge.
• Analysis of underlying drivers for periodic changes and variances.
• Assist with execution of routines to support month-end and quarter end close cycles.
• Supporting firmwide initiatives and ECM projects to test complex logics and heavy data sets for regulatory reforms or strategic fixes.
• Partnering with other control functions, ECM manages external disclosures related to capital management including 10Q, 10K, Pillar 3 disclosures and other regulatory filings‎.
• Produces and monitors Counterparty credit risk risk-weighted assets (RWA) metrics and reports
• Be responsible for investigating and explaining period over period capital movements
• Foster relationships with partners in capital management, business and finance to resolve questions, provide data as necessary with great attention to detail

Requirements

• Communication and project coordination, time management.
• Strong understanding of Basel capital requirements and financials, preferably in a US bank setting.
• Experience and exposure to SACCR RWA and capital calculations is must.
• Knowledge of derivative products and risk management.
• Proven track record of clear and concise verbal and written communication, comfortable escalating issues to management.
• Self-starter with ability to be proactive and well organized.
• Experience in a relevant role in a financial institution.
• Prior experience working in accounting or financial services.
• Analytical abilities/financial acumen/problem solving skills.
• Strong control mindset including ability to identify risks and build and maintain associated controls.
• Ability to manage multiple priorities in a time-sensitive environment.
• Technical Business Analyst skills (SQL, VBA, Tableau, Alteryx, Python, AI/ML).
• Strong quantitative, analytic and communication skills as well as familiarity with banking products are needed.
• Knowledge of SQL, Python or AI/ML
• Strong attention to detail
• Good business partnering skills
• Experience improving and automating manual processes

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)