Bank of America India | Senior Operations Manager

Responsibilities

• The team is also responsible for reporting and governance across all valuation processes.
• Additionally, the team works on a number of regulatory deliverables related to valuations and drives the overall valuation control automation agenda in partnership with Technology and other stakeholders.
• The team works closely with front office, middle office, traders, business finance controllers, market risk, quantitative risk and technology teams to drive the control agenda across the business.
• We are looking to hire a seasoned leader in the Global Valuations Group to project manage number of regulatory deliverables for GM & GCIB Finance organization.
• They will be helping the team put together regulatory submissions, will track progress and milestones, escalate risks as needed and facilitate issue resolution.
• Ideally, this role will best suit a person who has already been managing such technical regulatory projects for multiple years.
• Planning of regulatory engagement through the cycle from early notification to remediation phases.
• Providing upward communication on project progress to CFO senior leadership.
• Ensuring high quality outputs from SME team by setting standards and providing guidance on expectations.
• Drive the operational excellence agenda, ensuring process standardization, controls maturity, and continuous improvement across business‑critical activities.
• Drive valuation related projects such as market data assessment for various asset classes, back-testing of results as per regulatory guidelines, drive intra-month prices testing of results etc.
• Manage the overall Model governance process for valuation related models.
• Identify, document, and assess AI opportunities; collaborate with Technology, FLUs, and SMEs to evaluate feasibility, ROI, risk considerations, and operational impact.
• Ensure adherence to AI use‑case governance, including risk alignment, model‑development documentation, compliance with enterprise AI policies, and responsible‑AI practices.
• Interpret regulatory changes and engage with CFO teams to perform impact assessments and drive change so that we are compliant with the new changes

Experience range

• 12–18 years of relevant experience in finance domain related to project management of quantitative/technical regulatory projects or Valuations / Valuation Governance.
• Good understanding of regulatory landscape (Prudential valuation guidelines, ICAAP, CCAR, Valuation principles).
• Ability to interpret regulatory guidelines (existing and forthcoming) and identify gaps/perform impact assessments.
• Strong project management skills with prior experience of running end to end project management for regulatory engagements ideally for large banks.
• Strong organization and structured thinking.
• Strong communication skills to be able to present to a highly technical and senior audience.
• Strong written communication skills and dashboarding skills.
• Good knowledge of global markets products along with basic risk and valuation principles.
• Attention to details and rigor to meet expectations or internal audit and supervisor requirements.
• Ability to work under tight deadlines.
• Strong technology skills (understanding of automation tools such as Alteryx) and understanding of AI tools to enable identification and implementation of OPEX opportunities.
• Experience working with Technology partners on architecture discussions, feasibility assessments, and solution design.
• Prior experience leading engagement with model governance and awareness of model governance life cycle.
• Hands on experience with coding (ex: Python).
• Hands on experience in managing AI projects at large scale.
• Strong understanding of Market risk and valuation principles.
• Prior experience performing market data assessment and working with vendors on assessing quality of data.

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)