Senior Operations Manager
Today• Mumbai, India
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. We're 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 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.
Want more jobs like this?
Get jobs in Mumbai, India delivered to your inbox every week.
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 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 and Supply Chain Management.
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.
Job Description
The Regulatory Reporting tower comprises of US Regulatory Reporting (CRR) team and Europe Regulatory Reporting (ERR) team. This is a part of the CFO-Global Financial Control organization. Our purpose is to drive high quality regulatory reports through operationally efficient control processes and system solutions to support the production of various regulatory reports as required by the Federal Reserve, OCC, FDIC, PRA, Bank of England, Central Bank of Ireland and other regulators. The group works closely with business and finance units across the organization to gather, analyze and report information under regulatory definition and requirements.
Regulatory Reporting teams are organized around the types of reports filed; Key report categorizations on the US side include Cross Border, Call & Capital, Non-Bank Subsidiary reporting and Broker dealer reporting teams. On the Europe side the key categories include FINREP, AnaCredit and COREP. Additionally there is a projects group, with a mandate to Support Regulatory Change Management including driving strong governance & control initiatives
Responsibilities
- Regulatory Reporting tower is seeking a highly motivated individual seeking to expand their knowledge and expertise. The candidate will be responsible for managing & leading the AnaCredit regulatory reporting category within Europe Regulatory Reporting teams.
- The successful candidate will join a dynamic environment that offers numerous opportunities to learn, grow, impact and drive changes for the Company. In particular, the candidate will:
- Drive timely and accurate production, review and filing of AnaCredit reports
- Review Sign off/Management pack ahead of review by Report owner/Senior Management
- Support Audit/Regulatory examination/Identify and remediate SIAI/AIAIs etc.
- Drive completion/updation of Report Data Dictionaries, Strengthen governance and controls, Operational excellence initiatives
- Work closely with teams across the organization including: GFC-COO team, Enterprise Stress Test, Lines of Business, Operations & Technology, Risk, Compliance, Financial Controls and Oversight, Audit, LEC and other GFC (Global Financial Control) teams to resolve regulatory reporting issues/MIS etc.
- Be a quick learner and possess intellectual curiosity and proactively investigate issues
- Strive for quality and accuracy and have the dependability necessary to meet strict deadlines
- Pay rigorous attention to compliance procedures
- Strong people management skills.
Requirements
Education
CA/CWA/ CPA + MBA (Finance)
Certifications If Any - NA
Experience Range
15-17 years of total experience in banking of which at least 10 years of relevant experience
Foundational skills
- Knowledge and Experience in AnaCredit report category, Understanding of data flows / Systems knowledge
- Experience in reviewing reports with extensive data and attention to details
- Ability to manage multiple stakeholders
- Proficient with working on various systems and applications and understand the data flows
- Ability to deal with ambiguity, Partner with multiple teams viz. Change, Data mgmt., Line of business, senior management, Audit, LOB, Accounting policy etc. and drive open issues to closure, Strong internal and external stakeholder management skills
- Experience of handling queries from Regulators, Auditors and other stakeholders; Experience in regulatory instructional changes, Cross functional projects, strong control mindset
- Strong Process and people leader traits, Communication and influencing skills
- Experience in dealing with one or two Key regulators viz, Central Bank of Ireland, PRA, Bank of England
- Strong Control and governance mindset, Strong Project Management Skills
- Having good exposure to MS office including MS Word, Advanced Excel and Advanced Power point.
- Excellent communication & presentation skills
- Ability to understand the financial statements pertaining to Banking Industry
- Able to excel and influence in engagements within a cross-functional team environment, and so effectively collaborate with team members and business partners to produce quality results
- Strong analytical skills with strong time management skills.
- Detail-focused and structured approach to defining, executing and evidencing deliverables, demonstrating high level of ownership
- Self-motivated and independent having an excellent control mindset (both application and review of control activities)
- Dynamic, high energy, solid work ethic, willing to take and own development initiatives
Desired skills
- Strong computer skills (advanced excel and macro/access) and Oracle/SAP experiences are preferred
- Exposure to emerging technologies like Alteryx, Tableau, UI Path, etc.
- Understanding of BASEL norms, Capital Markets, Banking products like Deposits, Loans and Leases, Securities, Derivatives & commitments
Work Timings
11.30 AM to 12.30 AM (13 hour window - 9 hour shift), Stretch basis report requirements and US Stakeholder support needs
Job Location
Mumbai
Client-provided location(s): Mumbai, India
Job ID: BankOfAmerica-JR-25036343
Employment Type: FULL_TIME
Posted: 2025-09-01T18:55:04
Perks and Benefits
Health and Wellness
- FSA
- HSA
- On-Site Gym
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
Parental Benefits
- Non-Birth Parent or Paternity Leave
- Birth Parent or Maternity Leave
Work Flexibility
Office Life and Perks
Vacation and Time Off
- Leave of Absence
- Personal/Sick Days
- Paid Holidays
- Paid Vacation
- Sabbatical
Financial and Retirement
- Performance Bonus
- Company Equity
- 401(K) With Company Matching
Professional Development
- Promote From Within
- Mentor Program
- Access to Online Courses
- Lunch and Learns
- Tuition Reimbursement
Diversity and Inclusion
- Diversity, Equity, and Inclusion Program