Job Description

:About Us*At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. Were devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!Global Business Services*Global Business Services (GBS) delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations. Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence and innovation. In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services.Process Overview*Global Finance 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 Accounts Payable, General Accounting & Reconciliations, Management Reporting & Analysis, Research & Analytics, Financial Transaction Processing, Finance Systems Support & Regulatory reporting. Over the years, the scope of Global Finance has been expanded to include operations for other enterprise control functions like Human Resources and Risk and Compliance.*Global Regulatory Reporting (GRR - EMEA) has overall responsibility for regulatory reporting for the Europe entities and branches. This includes those in the UK, Ireland and France. The individual will be part of a team responsible for the regulatory reporting activities encompassing but not limited to COREP, FINREP, Anacredit & Statistical Reporting to CBI , PRA and other regulators.Responsibilities*COREP & Capital Reporting - Responsibility will include

• Preparation of daily Capital Monitoring reports concentrated on Counterparty Credit Risk & Market Risk, Leverage & Large Exposure.
• Production of COREP templates related to Market Risk, Credit Risk, Leverage & Large Exposure.
• Provide commentary/advise business on the reporting of capital, RWA and related matters.
• Ensure compliance with Regulatory Requirements under Basel III/CRD IV including reporting of own funds, credit risk, market risk, operational risk, and leverage ratio.
• Timely response of external & internal queries.
• Ensure adherence to Process & Governance routines.

Requirements*Education*Chartered AccountantCertifications If Any - IFRS DiplomaExperience Range*8 to 12 yearsFoundational skills*

• Regulatory reporting experience in a financial services business specially focused on European Regulatory Reporting
• Prior experience of AXIOM platform
• Detail-focused and structured approach to defining, executing, and evidencing deliverables.
• Problem solving; curiosity; ability to think laterally and identify several possible solutions to problems.
• Dynamic, high energy, solid work ethic, willing to take on new initiatives which may initially lack definition.
• Ability to think laterally and identify possible solutions to problems.
• Excellent written and verbal communication skills are necessary as the position requires global correspondence and communication with associates throughout the Bank of America footprint.
• Remaining positive in the face of challenge
• Able to work in a fast paced, deadline-oriented environment.
• Demonstrate ability to work in a team, while contributing individually and across other teams
• Flexibility and good negotiations skills
• Proficient in the use of MS Office

Desired skills- Exposure to Emerging technologies like Alteryx, Tableau, UI Path, etcWork Timings*11:30 am to 08:30 PM IST (Flexible on month end)Job Location*Gurugram

Bank of America