Job Description

:Overview (Bank overview, GBS India overview, Function Overview)*Bank of America is one of the worlds leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.We are committed to attracting and retaining top talent across the globe to ensure our continued success. Along with taking care of our customers, we want to be the best place for people to work and aim at creating a work environment where all employees have the opportunity to achieve their goals.We are a part of the Global Business Services which delivers technology and operations capabilities to all Bank of America lines of business (LOB) and enterprise functions.Our employees help our customers and clients at every stage of their financial lives, helping them connect to what matters most. This purpose defines and unites us. Every day, we are focused on delivering value, convenience, expertise and innovation for individuals, businesses and institutional investors we serve worldwide.

• BA Continuum is a nonbank subsidiary of Bank of America, part of Global Business Services in the bank.

Process Overview*Global Financial Control India (GFC India) 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 Legal Entity Controllership, General Accounting & Reconciliations, Regulatory Reporting, Operational Risk and Control Oversight, Finance Systems Support, etc.CFO-ORCO team is responsible to provide governance and oversight to effectively manage Operational Risk across the CFO Organization.*The ORCO Team Member will play a key role in the execution of Bank of Americas Global SOX Program, ensuring financial reporting risk is managed in accordance with applicable SEC Regulations. The position will work closely with the Global SOX Program Office to execute the enterprise-wide framework, methodology, procedures/ guidelines for SOX compliance, including activities supporting quarterly and annual CEO and CFO SOX certifications. This position will interact with various levels of management, assess process and control design, provide SOX guidance to lines of business and give recommendations to improve control structure, and support the quarterly SOX attestation. While driving process improvements, the Team member will gain exposure to a wide variety of the Companys businesses as part of an expanding SOX Program Office.Responsibilities*

• Partner with lines of business, external and internal audit groups and SOX Program Office to review and assess SOX process and control design. Identify gaps within SOX controls / processes and provide recommendations to lines of business to address gaps and improve control structure and SOX documentation
• Provide ongoing support to lines of business in managing / approving any changes to process and control design
• Perform various SOX activities and initiatives such as SOX deficiency assessments, Scoping, Vendor risk reviews, ECAP system reporting and data maintenance, etc.
• Provide relevant SOX guidance to various lines of business in an effort to drive consistency in execution of the Banks SOX Program and mitigate financial reporting risk
• Engage in and contribute to deliverables focused on supporting SOX compliance as well as CFOs attestation of SOX and other key Regulatory reports such as FR Y-14 report
• Strive for operational excellence with an objective of improving work tasks and processes
• Review key deliverables or other team members work as needed, to help maintain the highest work quality standards
• Ensure seamless coordination and integration of work efforts with our Global Team in other locations
• Provide progress updates and demonstrate ability to work with senior stakeholders and influence them effectively towards mitigating financial reporting risk

Requirements*Education*Chartered Accountant or CPA designation / Master's degree or equivalent in Accounting and/or FinanceExperience Range*

• 6+ years experience in risk and internal control / SOX compliance / Audits / process reviews
• Big 4 or banking / financial services industry experience preferred

Foundational skills*

• Expertise and experience in the domain of Risk and Internal controls / Internal or External Audits / SOX compliance / Operational Risk
• Relevant experience in reviewing and understanding end to end finance processes and identify risk and control points and provide recommendations to business teams on improving process and control design
• Strong understanding of Finance and / or Accounting, financial reporting processes, including the financial statements structure for US listed companies
• Ability to engage with management at various levels regarding internal controls, compliance & risk management and accounting
• Strong communication, presentation and influencing skills to support partnership across multiple line of business and finance teams
• Attention to detail and ability to build quality rigor in all deliverables
• Expertise in MS Excel and MS PowerPoint

Desired skills

• Knowledge of legal, regulatory and industry requirements
• Understanding of SEC and PCAOB requirements as well as COSO Integrated Framework of Internal Control
• Implementing components of an internal control framework (e.g. SOX) over financial reporting
• Proven ability to manage multiple and often competing priorities in a global environment

Work Timings*11:30 am to 8:30 pmJob Location*Mumbai

Bank of America