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Assistant Manager

Gurugram, , India

Job Description:

Overview (Bank overview, GBS India overview, Function Overview)*

Bank of America is one of the world’s 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*

Corporate Treasury (CT) Global Liquidity Management (GLM) is responsible for the preparation of full and/or elements of external and internal liquidity risk regulatory reporting to report to external regulators as well as to internal executive management for liquidity monitoring and measurement.

Job Description*

An ideal candidate will have a proven working experience with a background in Financial/Regulatory reporting (Liquidity Regulatory reporting an advantage but not essential). In addition, familiarity with investment banking products and front to back processes would be beneficial. Key competencies include the ability to apply Financial Analysis Skills to day to day reporting using reporting concepts and procedures.

Responsibilities*

• Liquidity reporting, including  Liquidity Coverage ratio/Net stable funding ratio and Additional Liquidity Monitoring Metrics

• US Liquidity Coverage Ration and 5G reporting

• Internal Liquidity management reporting, including supporting the EMEA and US Internal Liquidity Stress reports

• Preparation of monthly management reporting packs for EMEA & US GLM

• Ad hoc Liquidity reports/queries as required by management

• Analyze and reconcile data in Liquidity Risk systems and investigate differences

• Compare information from multiple data environments in various areas of the bank (Finance, Middle Office, Operations and Treasury) to enable comparison with data held in Liquidity risk system

• Work with business partners to expand reconciliation processes

• Good understanding of BASEL-III and LCR requirements.

• Interaction with Line of Business and other business partners.

Requirements*

 Job Title*

Assistant Manager

 Education*

Graduate/ Post Graduate (MBA – Finance or equivalent)

 Certifications If Any

Experience Range*

4 - 5 years

 Foundational skills*

•Prior experience in regulatory reporting and/or Liquidity reporting mandatory

-Product knowledge and understanding of the front to back trade flow process.

 - Advanced MS Excel skills

• High level of ownership and attention to detail

• Energetic and self-motivated.  Candidate should have a strong intellectual curiosity

• Strong analytical and communication skills (both written and verbal)

• Able to understand and interpret the new changes into workings received from Regulators via Line of Business, Global liquidity management across Globe

• Able to develop and maintain Standard Operating Procedures along with other process related documentation on demand.

• Ability to respond appropriately to time-sensitive requests

• Demonstrated ability as a team player

• Demonstrate strong control work ethic

• Flexibility to deal with multiple concurrent issues and tasks - ability to self manage and prioritize

Desired skills

  - Strong Alteryx/Tableau/VBA/SQL experience

Work Timings*

Flexible between 10:30 AM till 10:30 PM

Job Location*

Gurugram

Job Band:

H7

Shift: 

Hours Per Week:

45

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Overview (Bank overview, GBS India overview, Function Overview)*

Bank of America is one of the world’s 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*

Corporate Treasury (CT) Global Liquidity Management (GLM) is responsible for the preparation of full and/or elements of external and internal liquidity risk regulatory reporting to report to external regulators as well as to internal executive management for liquidity monitoring and measurement.

Job Description*

An ideal candidate will have a proven working experience with a background in Financial/Regulatory reporting (Liquidity Regulatory reporting an advantage but not essential). In addition, familiarity with investment banking products and front to back processes would be beneficial. Key competencies include the ability to apply Financial Analysis Skills to day to day reporting using reporting concepts and procedures.

Responsibilities*

• Liquidity reporting, including  Liquidity Coverage ratio/Net stable funding ratio and Additional Liquidity Monitoring Metrics

• US Liquidity Coverage Ration and 5G reporting

• Internal Liquidity management reporting, including supporting the EMEA and US Internal Liquidity Stress reports

• Preparation of monthly management reporting packs for EMEA & US GLM

• Ad hoc Liquidity reports/queries as required by management

• Analyze and reconcile data in Liquidity Risk systems and investigate differences

• Compare information from multiple data environments in various areas of the bank (Finance, Middle Office, Operations and Treasury) to enable comparison with data held in Liquidity risk system

• Work with business partners to expand reconciliation processes

• Good understanding of BASEL-III and LCR requirements.

• Interaction with Line of Business and other business partners.

Requirements*

 Job Title*

Assistant Manager

 Education*

Graduate/ Post Graduate (MBA – Finance or equivalent)

 Certifications If Any

Experience Range*

4 - 5 years

 Foundational skills*

•Prior experience in regulatory reporting and/or Liquidity reporting mandatory

-Product knowledge and understanding of the front to back trade flow process.

 - Advanced MS Excel skills

• High level of ownership and attention to detail

• Energetic and self-motivated.  Candidate should have a strong intellectual curiosity

• Strong analytical and communication skills (both written and verbal)

• Able to understand and interpret the new changes into workings received from Regulators via Line of Business, Global liquidity management across Globe

• Able to develop and maintain Standard Operating Procedures along with other process related documentation on demand.

• Ability to respond appropriately to time-sensitive requests

• Demonstrated ability as a team player

• Demonstrate strong control work ethic

• Flexibility to deal with multiple concurrent issues and tasks - ability to self manage and prioritize

Desired skills

  - Strong Alteryx/Tableau/VBA/SQL experience

Work Timings*

Flexible between 10:30 AM till 10:30 PM

Job Location*

Gurugram

Learn more about this role

Full time

JR-21068046

Band: H7

Manages People:

Manager:

Talent Acquisition Contact:

Rajani Naveen

Referral Bonus:

0