Team Leader

Team Leader

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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great  Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce  and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development.  Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Global Business Services

Global Business Services 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

The Global Markets NFRR is responsible for the preparation and submission of the NFRR reports on periodic basis and share with the Line of business. Key activities include - Generating the report from the GRRS application- Performing and Analyzing data quality checks- Investigate data issues found- Perform manual adjustments if any- Get signoff from relevant stake holders on the report generated- Archival of Submission and Supporting Documentation. Team also partners and support few other functions like Transformation, continuous improvement and Production Monitoring as horizontals.

Job Description

As part of the Bank of America Merrill Lynch NTCR Ops, the incumbent will be a part for Global Markets NFRR Team in India

Responsibilities

The responsibilities of the incumbent would be to support the onboarding and report generation of the report in target state

• Understanding the regulation. Review of the data dictionary and DSL created for completeness to ensure completeness of all operational and reporting requirements
• Responsible for the identification, tracking, and remediation of data issues and control enhancements that impact the respective reports.

• Design, execute and monitor data quality checks that impact associated reports
• Liaise with technology to build these checks in the system
• Investigate and remediate issues related to non-compliance of report before submission, with the help of report owner and technology teams
• Once the report is in production, on a periodic basis perform all the below steps
  • Generating the report from the target application
  •  Performing and Analyzing data quality checks
  •  Investigate data issues found
  •  Perform manual adjustments if any
  •  Get signoff from relevant stake holders on the report generated
  •  Archival of Submission and Supporting Documentation

Requirements

• Education: CA, MBA
• Certifications If any : NA
• Experience Range - 8 to 10 yrs

Foundational  Skills:

• Strong analytical and fact-based decision making Ability to meaningfully Analyze and report complex data for enterprise and reporting
• Experience in Auditing or Regulatory Reporting
• Good Knowledge on Global Markets and different traded products or knowledgeable of consumer products and processes within the bank
• Strong knowledge of data flow and connection points to determine the appropriate execution of controls
• Strong understanding of data controls and the reporting risks that can occur
• Communication and Interpersonal Skills: Ability to effectively communicate to Executive Leadership and others levels within the Bank

Desired Skills:

• Stake holder management (internal & external) across regions / functions / lines of business
• Sound knowledge of Microsoft Office applications – PowerPoint, Excel and Word and ability to work on these without any support

Work Timings: 12:30 - 9:30 pm IST

Job Location: Mumbai/Chennai/Gift

Experience Level

Senior Level